Winning Brands Corporation (WNBD)

[doogdilinger]

All the while his official legal answers on the reverse split subject remain on WNBD's corporate website's FAQ section...he can easily reverse split the stock then simply claim it was because "his qualified advisors deemed it necessary".

I find it hilarious how his latest blog on the new financing subject claims that he already has an entity willing to give WNBD a half million dollars with their only stipulation being that another financier group must match them lol.

I mean just imagine the convo after market friday goin' somethin' like this I guess..."hey eric now that your stock is .0001 by .0002 I'm prepared to write you a check for $500,000.00 and all you have to do is convince the funders you're already in bed with to match my offer ok".

It truly boggles the mind to think the market masses are so naive as to believe a now .0001 X .00002 stock has been working on obtaining supposed "friendly financing" to replace 504 financing since the pursuit was 1st mentioned by the CEO here in an october 2010 blog lol.

October 2010 was 20 friggin' months ago and how has the share price performance and financial results of this company been since then lmfao!!!!!!!!!!!!!!!!!!

From his October 2010 blog>>>

"What will increase the share price, sustainably, so that current investors can sell their holdings at a terrific capital gain, is the combination of a justified perception by “the market” that Winning Brands is worth more than its current market cap and technical factors, such as a reduction in reliance on share issuance for financing.

A positive consequence of our demonstrated commitment to building a brand success, is that we are gaining credibility with persons who wish to invest in the company, despite the current setback in the share price. My preference would be to reduce Regulation D, Rule 504 financing in favour of suitable debenture financing, with no conversion feature to equity for a full year. That technicality by itself would be far more beneficial than issuing News Releases for the sake of it. That is because the supply of shares entering the market would be greatly reduced at the same time that the company’s business has the most potential to hit its stride in the USA
A shift in focus from the one mechanism to the other is beneficial for everyone. It benefits current retail shareholders by diminishing the arrival of new shares into the market. It benefits Regulation D, Rule 504 accredited investors by fostering conditions which reward holding shares for investment intent, it benefits company personnel by permitting more focus on the business of the company, etc. However, debenture investors require comfort that the company has a legitimate and plausible business plan so that they would wish to convert their interest into to an equity status following year knowing that share prices are not manipulated.

In the meantime, as C.E.O. with a bird’s eye view of all the factors affecting the company, including discussions with prospective accounts – and my knowledge of our challenges of every type – I have never been more confident that we are going to succeed in a big way"

http://winningbrandscorporation.com/blog/2010/10/28/shareholder-question-news-release/