Replies to post #237985 on Winning Brands Corporation (WNBD)

[satter]

I said I could not agree "if" he acquired majority ownership as in a stock purchase, and not an asset purchase. I am posting a general concept that if you acquire a majority ownership of a corporation as Eric is implying, ( stock purchase, ) you acquire just not the assets, you acquire liabilities. Picture if GestureTek was to purchase 51% of WB. Do you think then GestureTek would inherit 51% of WB's assets and WB would be left with 100% of its liabilities it has.


What I am saying is Eric should clear it up. I can't say what the situation is since we have joint venture relations, to joint venture partner, to majority vested interest, to majority owner. WB is a Public company and now GT Health Inc is will be, not Private anymore, then there are shareholders to be responsive too. GT Health Inc is not part of Vesting Order and receivership situation that Eric is waiting for, so I don't understand why the GT Health Inc delivery/sales are not part or can not be part of WB now.?


Yes you can call it speculation as I don't know for sure either way. If Eric owns 51% of GT Health Inc, he does not need to say joint venture partner. He does not need that banner on GT Health Inc. He can just change it to say the Parent company is Winning Bands, or GT Health Inc is a subsidiary of Winning Brands. Personally think it would better illustrate the corporate structure.