News Focus
News Focus
Followers 3165
Posts 209870
Boards Moderated 1
Alias Born 02/04/2004

Re: going post# 197751

Tuesday, 03/18/2014 11:40:18 AM

Tuesday, March 18, 2014 11:40:18 AM

Post# of 241535
Here's some quick excerpts of the WNBD CEO's previous Reverse Split answers directly off his corporate website prior to the 500 to 1 reverse split that crucified his round 1 believers! His typical blog spinning today is chock full of excuse making bs pretending he never once inferred that there wouldn't be a R/S that harmed his round 1 longs! The fact of the matter is that the MASSIVE 500 to 1 R/S wiped out his longs...and the ongoing post R/S dilution has continued to destroy his longs shareholder value falling a further -95% in post R/S share price value!

Keep in mind that the excerpts below are directly off his own WNBD corporate website and they don't even begin to cover ALL his other Reverse Split statements to shareholders over the years given by him via ihub board mod memo's, emails and blogs which I'll provide later on...especially the BIGGEST DOOZY of them all...when he defiantly claimed there would be no sacrificial crucifixion of his shareholders...which I guess he still believes he didn't do with his 500 to 1 reverse split sacrifice/crucifixion lmfao>>>

A reverse split is definitely one of many steps that the firm could take. However Winning Brands is conservative in the utilization of any measure that is structural in nature in order to increase the likelihood of long term benefit. Simply put, the firm would only undertake a reverse split if in the opinion of qualified advisors who have a demonstrated track record of professional competence in this arena feel that on balance such a measure would be beneficial to the shareholders in general. This may include, but not be limited to, the ability of the firm to expand the scope of its financing activities in European capital markets (where Winning Brands shares already trade albeit with still underdeveloped support), achieving a minimum price per share to qualify for a stock exchange, being able to achieve reportable events over a reasonable “per share” basis, reducing the number of “notional” shareholders – those holding a single share or sub-board lot quantity – by substituting a cash amount for fractional shares, or many other technical considerations.

Decline of a share price after consolidation is exactly the situation which Winning Brands Corporation would like to avoid. Winning Brands management has been conservative in all matters pertaining to capitalization.

Ultimately, it is the goal of the management of Winning Brands Corporation to earn the confidence of the investment community through decisions which are responsible, even if they cannot be entirely without risk. The effect upon retail investors currently holding shares of Winning Brands Corporation is an important criterion by which management evaluates the benefit of financing strategies. It is one of several criteria, but a very important one. The long term goal of all Winning Brands financing is to obtain capital for the advancement of the total worth of the organization. This may involve the utilization of new capital sources for the realization of opportunities – some of which may involve risk. However the operating parameters of the company are better disclosed than for many junior public companies, and in particular better than the majority of Non-Reporting Issuers. This means that a reverse split is possible at a suitable time, but will be handled responsibly, with an eye on preserving shareholder value.


Love the trend not the stock - If you fail to plan your trades you plan to fail

My posts are not to be considered investment adv

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y