Replies to post #166762 on Winning Brands Corporation (WNBD)

[just_an_ant]

An order for a new NA would likely be financed with the PO and AR financing that the company has. And it is financing that is 'easier' to obtain because of the customer and size of the likely order.

If a company is leaning towards making a name change of an existing product, it would make sense to draw down on existing inventory of the 'old name' product; so that future production of the new label product could begin sooner as a replenishment for distributors and 'new' retailers.

It seems to me the increase in dilution was more tied to 'debt' restructuring as well as continued 504 type financing to fund operations (which overhead costs have been reduced compared to prior year).

WNBD is more lean and 'fit' imo with changes they have made - going to full contract manufacturing in both Canada and USA. It can more focus on 'team' selling, in store demos, customer service, retailer/distributor management as it builds the brand across North America.

[extra]

windbad Insiders are cashing out,,,
because they can see that BK is Imminent .

When windbad is forced to file BK [soon , IOO] ,
ALL REMAINING CASH + ASSETS/INVENTORY IS LOCKED DOWN ,
AND THE BK COURT WON'T GIVE ANYPENNY TO ANYINSIDER .
[It's ALL preserved to pay outsider past-due bills ,
and unpaid salaries of low-level UNRELATED direct employees.]

It's obvious from the 10-Q , that BK is Immununt :

1] 95% Cash Drawdown
2] 95% Inventory Dradwown
3] Niagra psuedo-'factory' shutdown
4] 95% 'advertising' reduction
5] "Forgiveness Deal" paper shuffle to 'allow' Insider bonuses

The 'handwritng' BK grafitti is all over+under+around+thru
windbad's smelly-soapshop-scam , and even 1000+ leaky cans
of 1000+ banana-breath , cannot ever clean-up ewreck's
self-inflicted + fully-pre-planned toxic-death-spiral mess .

All IOO , as always , based on obvious + proven Facts ,
that are even 'documented' in windbad's own stream
of NEVER-AUDITED , but FREQUENTLY-REVISED finanshills .

GLTA who need it .
+ Thanx , as usual , from windbad's short/504 team .