14. Mr.Lehner,have you ever been approached by a stock promoter,who posts on the message board IHub, to do investor awareness (i.e. stock promotion campaign)....
Answer: On May 11, 2009, an iHub poster who had visited our office on a well-publicized tour, solicited our business, in writing, for his professional services. We did not consider the solicitation inappropriate because we are routinely approached by stock awareness organizations. We enquired further with him as to what he had in mind, but were not able to proceed further for a combination of reasons. These include (A) The fact that Winning Brands at the time was not yet Current Information tier. It is a violation of regulations to carry out the promotion of stock for which there is not “adequate public information” available, particularly if during the same period exempt share subscription(s) are under way. (B) The share price at the time, approximately .0049 was in the opinion of the company going to increase naturally by itself on the basis of growing interest in the firm. The creation of additional demand through promotional activity would in my view have created a non-sustainable spike. (C) Stock promotion, even when it is legal, is extremely expensive. The firm did not have the requisite budget, even if the right circumstances had been present. After careful consideration, the company therefore respectfully declined the interest that had been expressed in providing such services to us. In retrospect, it was the correct decision, because the share price did continue to advance naturally from .0045 in mid-May 2009 through higher lows until June 7, 2010, with active trading. In the summer of 2010, the prospect of losing the Walmart account alarmed many watching WNBD, including the formal Market Makers. This was a primary catalyst for the sudden decline in the share price at the time. The current market capitalization (“value”) of the company is too low, in my opinion, relative to its merits and progress and will increase again, despite the current O/S. For the record, Walmart ordering resumed and things are fine with this account.
Hey Eric...at the very end of my very public 2 hour visit asking you a simple matter of interest question about whether you were considering engaging in any promo/awareness is a question not a solicitation! And you telling me "no not at this time but I’m welcome to email you an example of what an awareness campaign consists of" is just that...me emailing you an example of what an awareness campaign consisted of as per your request! I mean do you really think readers are stupid enough to think that if my much publicized visit back then was really a promo solicitation that you would've waited 3 and a half years to call it that?
Furthermore in our only subsequent follow up meeting in Sept 2009 it was you who called me and invited me out for dinner...supposedly because you wanted to pick my brain on how promo actually worked in conjunction with 504 share leakage...and you also asked me if I could source alternative financing instruments for WNBD at that time.
So you're right that you didn't consider my QUESTION inappropriate during my shareholder visit...just like I didn’t consider your follow up dinner invitation a SOLICITATION lol sheesh!
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