Replies to post #236113 on Winning Brands Corporation (WNBD)

[satter]

In 2011 they sold assets to Qualcomm for more than 40 million. Now they are in the process of selling more assets to WB, what Eric described as part of a lifeline of a rescue operation. Its only my opinion based on Eric's comments, that currently the tech company would not be valued as it was in 2011. I know some people get upset at some of my opinion comments like this, but this is based on Eric's words - "lifeline" "rescue"


https://www.qualcomm.com/news/releases/2011/07/25/qualcomm-acquires-gesture-recognition-assets-gesturetek#:~:text=The%20acquisition%20gives%20Qualcomm%20ownership,display%20and%20digital%20signage%20business.


Quote by Eric below:

"My intervention gave the company a lifeline that, to my reckoning, could be beneficial for all parties concerned, if the rescued operation could join us as part of our public company team".