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Dennisb68

09/11/20 8:46 PM

#226473 RE: Quoddytides #226472

" How can WNBD claim to be debt free when the company owes money?"

That's what the discussion is about. Was the loan actually made to WNBD or was it made to Eric? If it was made to Eric that wouldn't be in the company financials so yes the company could be debt free.
I guess without actually seeing a copy of the contract we won't know for sure. One of those that made a loan says there was no NDA so there should be no problem with them posting the contents of the agreement if they choose to. I know if it were myself, I wouldn't care to share that agreement with the public for privacy reasons.
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QualityInvesting

09/11/20 8:54 PM

#226474 RE: Quoddytides #226472

I don't know the exact specific contents of their agreement, but I do know the CEO always includes an NDA with private loans, and I also know that this particular investor has publicly admitted in the past to signing it.

I already did answer your question in regards to debt.

I'm not intimidating anyone. I'm simply stating the situation in legal terms, as I deal in law. If investors want to shoot themselves in the foot, that's their choice. Nobody is required to heed my warning. I'll actually make more money if they don't.

Those who violate a legal agreement, disclose confidential information, defame the CEO, and make threats and libelous claims against the company, are not victims. People who choose to conduct themselves in this manner are not legally required to be repaid, as their conduct immediately and automatically terminates their contract(s).

The statement about one investors' goodwill being the cause of keeping all other investors' investments from being worthless, is completely false. This company doesn't stand on only one leg.

$WNBD