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doogdilinger

04/20/22 1:56 PM

#236379 RE: MontyPython1 #236374

As per erics recent tweet there's no further non-disclosure terms in place between Eric and Vincent hence the reason for the PR officially disclosing the name of Vincent's company.

I guess almost a full calendar year into this lengthy process Eric and Vincent have now decided no further confidentiality is needed rendering the below statement moot:

"It is in WNBD shareholder interest that this process is not rushed, and that we do not upset the apple cart by diving into further detail about the company at this time because of the fact that it offers no benefit to do so. The acquisition is transformational for Winning Brands and the lift that it will provide is long lasting. In the larger scheme of things, a few days, or weeks, or even months is absolutely immaterial to the positive impact that will follow, and endure. The confidentiality provision protects our customers, staff, negotiators, the bank and other institutional interests, and even the court, from errant phone calls, e-mails and confusing communications at cross-purposes."

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satter

04/20/22 5:25 PM

#236396 RE: MontyPython1 #236374

That you can reveal its placed under trusteeship, lost its line of credit, but not that it filled for bankruptcy. Than that is my point of not disclosing fair, full and frank disclosure to shareholders and investors. Its not right, nor fair to shareholders to invest, only to find out after. And now that the name is revealed its public information but you have to pay to access it. Filling for bankruptcy is a much stronger indicator of the financial struggles of operating successfully with the technology and products. What we hear instead is taking contract orders.