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The Cheap Investor

04/20/22 8:13 PM

#236406 RE: satter #236397

In my opinion, you are a very savvy investor, but I believe you are missing one very important aspect in the pinksheet world. I believe you know if there is one or two significant contracts from the tech company investors will forget about dilution, bankruptcy, and any other issues that are being discussed now. Most pinksheet investors are not like you who does his due-diligence and find all available information before they invest in. I'm sure you have seen it a hundred times. A pinksheet stock with no business or no revenue comes out with a PR and people run to invest in that company. I am also sure that you are aware that are many pinksheet companies selling at two or three times the present price of WNBD. The pinksheet world is all about perception. Most pinksheet investors are not long term. So all we really need is one or two revenue-bearing PRs from the tech company and all these other important matters will be forgotten.
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doogdilinger

04/21/22 9:54 AM

#236426 RE: satter #236397

Even if he could raise any private placement monies for the planned new tech division subsidiary it would still be via the issuance of WNBD shares...which means he would be diluting WNBD stock right!

So he can't already be on record as adamantly claiming/stating that he's gonna be funding GestureTek without diluting WNBD stock and then turn around and issue dilutive PIPE shares from WNBD's remaining available treasury stock.

Plus I highly doubt that any PIPE investors are gonna give any OTC PubCo with an already bloated float private placement monies anyways right cheers.