Replies to post #208220 on Winning Brands Corporation (WNBD)

[Dennisb68]

Interesting info. about your company but what part does WNBD play in this? Has there been any agreement to use any of WNBD's products or is it just talk at this point? Does WNBD have any ice-release products?
We were told that Eric also had a venture with BlauAire but nothing came of that and a few months later the venture ended so you can understand the skepticism.

[doogdilinger]

USBI is currently in need of financing for the construction of the building to support the new Apharetta, GA facility for Carter Panels, as well as expanding into the application sector, under the guidance of HY-Power coatings. USBI currently holds a property that has no liens to construct the facility. In addition to supporting the new operation, this will also allow us to bring the manufacturing of all of our current technologies to the new facility, thereby reducing our cost to manufacture. This is the project that WNBD is in discussions with USBI to support.

How is WNBD supposed to fund the construction of the building you're wanting to build in Georgia?

Why weren't the terms of the LOI between USBI and WNBD disclosed so that the public even has an idea of what the LOI terms and closing consists of?

[doogdilinger]

Actually I just read the WNBD PR and this is how Eric Lehner describes the LOI with USBI>>>

The first expansion of Winning Brands' scope of business in 3 years is now taking place. Winning Brands has entered into a Letter of Intent with United States Building Innovations of Seneca, South Carolina to jointly accelerate exposure and adoption of USBI's proprietary new coating technologies. www.usbiinc.com. The purpose of the relationship is to help Winning Brands achieve profitability by conferring upon Winning Brands appropriate new business development licensing that will expand Winning Brands' business reach. The arrangement provides Winning Brands with access to additional proprietary business opportunities that it would not otherwise have had. This will also increase the exposure and adoption of new product ideas that were USBI-researched and developed, for USBI's benefit.

So I guess I read your last paragraph wrong...as I thought you were alluding to WNBD investing in the construction project financing in Georgia you mentioned.

So your LOI with Eric Lehner/WNBD is for Eric/WNBD to help promote your products?

And if so why would WNBD need to "invest monies" into USBI as part of the arrangement?

Just trying to get an accurate read on what your LOI with WNBD fully entails

[doogdilinger]

Another quick question DDawg...since you and Eric have been in discussions over the past 8 months...how come the only agreement you've reached so far is a Letter Of Intent?

After all this time if you were going to put out a joint announcement shouldn't the preceding 8 months have already been more than ample time to reach a mutual agreement?

I'm asking because the PR WNBD put out doesn't really say anything other than the 2 companies have reached a LOI which if closed will somehow lead to WNBD providing some sort of joint exposure on your company's products.

Your background on your company provided is appreciated...I'm just trying to ascertain exactly what it is WNBD is going to be "investing" in if both sides close on the LOI