Replies to post #236291 on Winning Brands Corporation (WNBD)

[The Cheap Investor]

If a company files for bankruptcy, wouldn't the court take whatever assets the company has to satisfy their creditors? If that is the case, why didn't the court take the patents from GestureTek and sell them off to satisfy their creditors? I am not a lawyer, but maybe the patents are protected under bankruptcy laws? Everyday, we seem to come up with new questions that apparently Winning Brands cannot answer until the court proceedings have concluded. I still have faith in Winning Brands, but I wish the CEO could be a little more transparent.

[PennystockID2017]

The fact Gesture Tech filed BK back in 2019 means the trustee will be working with WNBD to complete this transfer/sale to WNBD in a timely manner. This is actually a good thing as WNBD can bring this technology and patents back to life

[MontyPython1]

This is exactly why WNBD is looking to acquire GestureTek.

[headnorthw]

No wonder it takes so so long to be approve by the Court.