Replies to post #237945 on Winning Brands Corporation (WNBD)

[satter]

That statement/situation now raises new questions if accurate. Because if WB acquired a majority ownership of GestureTek Health Inc then it acquires typically its majority share ownership of debts and or liabilities of GT Health also.

GestureTek Health Inc in my view likely was/is in financial trouble. Eric seems to have taken offense to my Twitter comment here

#WNBD No need to explain, Satter. We all know what you were trying to do. Cheers. https://t.co/Fg6ChkeDCw

— Eric Lehner (@WinningCEO) June 6, 2022

And instead of answering, he dodged with saying we all know what I was up too. Hmmm. Ok.

Eric also made a point of saying he was providing financial aid to GT Health Inc in his last financial filing.

GestureTek technology products never stopped being produced. This is because of the legal right of GestureTek Health to carry on independently of the aforementioned proceedings. This right arises from multi-layered intellectual property licensing arrangements. The persistence of GestureTek Health through the time that GestureTek Systems came under the control of trustees was supported by Winning Brands via financing help and management input. GestureTek Health has sales presently. The entity has technical staff to meet current needs. The effect of the acquisition will be to also leave WNBD with a majority vested interest in GestureTek Health. GTH past and current customers include government institutions, well-known corporations, hospitals, airports and retail chains, amongst other organizations. GestureTek technology is in sync with present trends in society and presents strong growth drivers. When the distraction and constraints that had arisen from the GestureTek Systems proceedings are retired, full attention and energy can be applied to restore GestureTek brand momentum by unifying previously separated approaches into one cohesive brand strategy.

He also made a point of saying he was not inheriting any debt.

Contrary to shareholder concerns, the Tech Division will not be inheriting legacy debt. The court vesting order will provide unencumbered ownership of the rights and assets in question to Winning Brands

I am target enemy number 1 on twitter for alleging to bash Eric but really just trying to get clarification. Shareholders should know what's up. Financial investments are on the line.