Replies to post #237230 on Winning Brands Corporation (WNBD)

[satter]

I am just using Eric's words and applying true meaning of a joint venture partner of GestureTek Health.

And saying I am not sure if Vincent is coming to the new subsidiary company, or will be working/staying at GT Health as a joint partner working./helping Eric with WB.

As far as assets, I believe the value is not placed per say on the asset itself. but what Eric sees as business potential.


I might try to get a copy of what they refer to as the "APA " if its available submitted at Court. Right now indication is assets valued less than $10,000 but I prefer to try to dig deeper. You might not believe this I try to be as fair as possible.

WCB and the Creditors entered into an agreement of purchase and sale dated effective December 29, 2021 (the “APA”) wherein the right, title and interest of the Creditors and the Bankrupt in the assets would be conveyed to WCB by way of vesting Order, with a receiver being appointed for the purpose of effecting the conveyance;

24. The liquidation value of the Bankrupt’s hard assets is less than $9,000. The value of its trademarks is $1,000;