Replies to post #201823 on Winning Brands Corporation (WNBD)

[Dennisb68]

Thanks Hope. The contents of this email doesn't surprise me as much as the fact that there are some still defending this piece of scum CEO.

[doogdilinger]

Selective disclosure of a material nature is a strict no-no for all PubCo Ceo's...especially when selective disclosure is being used on already confirmed round 1 retail shareholders for funding solicitation purposes!

3a10's are definitely not to be used as funding solicitation instruments regardless of what behind the scenes spin pos-land CEO's try to put on how they're supposedly going to be worked into the funding equation ie: If Eric wanted to sell hope a legitimate debt note he definitely shouldn't have been coaching/advising him on the coming 3a10 and inferring that his elaborate debt note and ensuing 3a10 scheme would ensure that hope started recouping lost round 1 monies from his massive reverse split! Only qualified SEC attorney's can give an individual wishing to pursue funding in pos-land legal advice and no PubCo CEO can use 3a10 instruments in their funding solicitation games!

Providing any round 1 loyal with a behind the scenes so-called bonus/gesture definitely falls under the SEC's fair disclosure rules/regulations...yet Eric in his infinite wisdom only saw fit to make the so-called bonus/gesture in selective behind the scenes exchanges with a chosen few round 1 loyals who he deemed worthy of his round 2 selective disclosure solicitation games...which based on all of hope's and the CEO's email exchanges appear to be wrapped up around this so-called gesture/reward Eric was making to any round 1 loyals who held through his reverse split!

It's as messy as it gets in pos-land when selective disclosure lines are being crossed and so-called bonus/gesture/rewards are being made to a select chosen few. And it's only being made all the more messy when Eric continues to ignore hope's many requests for a full public explanation on the matter which he clearly deserves...as do all former round 1 loyals who have had their positions in WNBD destroyed due to the massive reverse split last year and ensuing post R/S share price erosion which has drove the share price down to .0001 X .0002 again!

Only Eric knows how he thought he could convince hope that his so-called special gesture/bonus to select round 1 longs who held through the reverse split in order to qualify for his so-called gesture was in fact nothing more than an opportunity to subject themselves to Eric's behind the scenes funding solicitation games utilizing selective disclosure methods...but kudo's to hope for not being made to feel guilty for demanding answers from Eric and shedding some much needed light on all that's gone wrong over the past few years when Eric's blogs never measured up to the reality/results he kept producing!

It should also be noted that no retail shareholders who participated in any email exchanges have done anything wrong provided they never traded WNBD stock based on any of the selective disclosure details this CEO was providing them k!

The only 1 who should be concerned about providing selective disclosure is the CEO...especially when the main answer hope wants and deserves is what happened to Eric's so-called bonus/gesture to any round 1 loyals who held through his reverse split...if all Eric's so-called gesture was was an opportunity to start funding Eric's round 2 post reverse split fun why can't Eric step out from behind the shadows and just ADMIT it instead of sending hope emails about town hall meetings and whining about hope sharing emails from a PubCo CEO who should always expect that anything he ever shares with anyone should always be publicly available info!

[doogdilinger]

Not sure who 'Bibby' is. I post this to help those who are doing their due diligence in regards to this company.

By the way hope...bibby was who eric opened a quarter million dollar A/R credit line with way back in 2008 which was increased to $500K at some point in 2011 k!

So from your email statements by Eric from last summer...it appears that Eric had already maxed out his $500K credit line with bibby or was at least telling you that bibby wasn't gonna cover that supposed purchase order by home hardware unless you started funding WNBD because of some supposed expected funds from California eric was waiting for!

That's the problem with Eric's constant full disclosure and selective disclosure statements over the years...no-one could ever tell how much and/or what was fact and how much and/or what was fiction!

Here's the initial Bibby announcement from back in the day cheers>>>

BARRIE, ON--(MARKET WIRE)--Jun 30, 2008 -- Winning Brands Corporation (Other OTC:WNBD.PK - News) (Frankfurt:WMU.F - News) (www.WinningBrands.ca) has received approval by Bibby Financial Services (www.bibbyfinancialservices.com/about_us.aspx) for a $250,000 Accounts Receivable credit facility for its Winning Brands' subsidiary Niagara Mist Marketing Ltd that is in addition to the existing $250,000 announced September 6, 2007. The earlier facility was used primarily for the financing of Winning Colours(TM) Stain Remover receivables through distribution affiliate XMG Corporation. The new facility will support Winning Brands' rollout of KIND(TM) Laundry Products, CLEAN1(TM) Outdoor Cleaner. TrackMoist(TM) Dust Suppression Solution and other products.

The purpose of an accounts receivable financing facility is to provide Winning Brands with cashflow from sales of its products more rapidly, accelerating access of up to 85% of sales invoices within 48 hrs. of the delivery of goods compared with waiting for the traditional 30-90 day term period. Winning Brands customers however still enjoy traditional terms because Bibby carries the receivable for the duration of the term instead. Winning Brands CEO Eric Lehner comments that the additional facility reflects Winning Brands' desire to complement capitalization initiatives with standard commercial instruments where possible for a nuanced approach to its needs. "We appreciate this vote of confidence in Winning Brands by a financial organization of Bibby's stature," says Lehner. "This facility will be particularly helpful when the size of purchase orders increases in the U.S. retailing environment."