Replies to post #236348 on Winning Brands Corporation (WNBD)

[doogdilinger]

I'll be the very 1st to applaud Eric if he delivers on everything he's already stated pertaining to the proposed new GestureTek division dating all the way back to last June...but until Eric informs the investment community on how much it cost WNBD to acquire the GestureTek assets and how he's gonna be funding the new WNBD subsidiary, no-one has any way to know what kind of valuations to apply...let alone how Eric's going to fulfill his promise of funding the new subsidiary without diluting any WNBD stock if/when the year long court process results in WNBD getting approved by the court to acquire the GestureTek assets.

It was all the way back in June 2021 that Eric tweeted that WNBD had made a deposit to acquire the GestureTek assets and apply to the courts...and he followed that up by recently tweeting that there would be no WNBD dilution to fund the newly created WNBD subsidiary.

So if he proves that the GestureTek subsidiary is in fact a bonafide valuation driver to WNBD and he doesn't dilute any WNBD stock then this stock will run like a mofo...but nothing's remotely certain yet until a lot more facts get officially revealed.

There's hardly any remaining treasury stock to dilute anyways...so it's gonna be interesting seeing how this year long GestureTek acquisition court process plays out.

[satter]

Full, fair and frank disclosure is vital to shareholders and investors. It makes perfect sense to those. I am surprise your having trouble with that. Its not good not too and than shareholders and or investors find out afterwards by themselves. He should share both. Never said what he should share first, second, third, Etc.


Bankruptcy unfortunately indicates far worse financial problems than we were lead to believe.