Replies to post #197751 on Winning Brands Corporation (WNBD)

[doogdilinger]

Here's some quick excerpts of the WNBD CEO's previous Reverse Split answers directly off his corporate website prior to the 500 to 1 reverse split that crucified his round 1 believers! His typical blog spinning today is chock full of excuse making bs pretending he never once inferred that there wouldn't be a R/S that harmed his round 1 longs! The fact of the matter is that the MASSIVE 500 to 1 R/S wiped out his longs...and the ongoing post R/S dilution has continued to destroy his longs shareholder value falling a further -95% in post R/S share price value!

Keep in mind that the excerpts below are directly off his own WNBD corporate website and they don't even begin to cover ALL his other Reverse Split statements to shareholders over the years given by him via ihub board mod memo's, emails and blogs which I'll provide later on...especially the BIGGEST DOOZY of them all...when he defiantly claimed there would be no sacrificial crucifixion of his shareholders...which I guess he still believes he didn't do with his 500 to 1 reverse split sacrifice/crucifixion lmfao>>>

A reverse split is definitely one of many steps that the firm could take. However Winning Brands is conservative in the utilization of any measure that is structural in nature in order to increase the likelihood of long term benefit. Simply put, the firm would only undertake a reverse split if in the opinion of qualified advisors who have a demonstrated track record of professional competence in this arena feel that on balance such a measure would be beneficial to the shareholders in general. This may include, but not be limited to, the ability of the firm to expand the scope of its financing activities in European capital markets (where Winning Brands shares already trade albeit with still underdeveloped support), achieving a minimum price per share to qualify for a stock exchange, being able to achieve reportable events over a reasonable “per share” basis, reducing the number of “notional” shareholders – those holding a single share or sub-board lot quantity – by substituting a cash amount for fractional shares, or many other technical considerations.

Decline of a share price after consolidation is exactly the situation which Winning Brands Corporation would like to avoid. Winning Brands management has been conservative in all matters pertaining to capitalization.

Ultimately, it is the goal of the management of Winning Brands Corporation to earn the confidence of the investment community through decisions which are responsible, even if they cannot be entirely without risk. The effect upon retail investors currently holding shares of Winning Brands Corporation is an important criterion by which management evaluates the benefit of financing strategies. It is one of several criteria, but a very important one. The long term goal of all Winning Brands financing is to obtain capital for the advancement of the total worth of the organization. This may involve the utilization of new capital sources for the realization of opportunities – some of which may involve risk. However the operating parameters of the company are better disclosed than for many junior public companies, and in particular better than the majority of Non-Reporting Issuers. This means that a reverse split is possible at a suitable time, but will be handled responsibly, with an eye on preserving shareholder value.

[Black Beerd]

Pathetic!!!! I won't clutter the board and I'll let Doog put the MANY MANY links up proving this CEO is yet AGAIN misleading shareholders. Its unbelievable that he would again go to such length with more smoke and mirrors. After back stabbing clearly all pre split shareholders to have the audacity to try and defend these actions is just not acceptable.

BTW..there are no friendly shareholders posting...those friendlies were chased off by the performance of this CEO...because some call it out and know how to read his balance sheet and blogs they are truths 1st and foremost...negative only because that's how securities are measured and that's by the numbers and filings...not by BLOG BS that only measured up the the accelerated level and dates of dilution. DEAD FISH STINKS FROM THE HEAD 1st. This was nothing more than an embarrassment and rubbing the FORMER loyals nose in the dirt. Welcome to pinkyland where only this exists.JMO


Chin Up!!!

[Belgianshareholder]

Eric, you are a fool. I hope you go bankrupt...

[doogdilinger]

2. 3(a)10

the process does not provide the company with further working capital. Lack of working capital has a bearing on the company’s ability to generate sales. This is also the reason that the company has not yet implemented a reduction of its authorized share count. It would be cynical to decrease it to a much lower figure prior to knowing what degree of dilution is required to complete the 3(a)10

So in other words...no follow through on the promised Authorized Share reduction because he's too busy preparing to issue FREE TRADING SHARES via the 3a10 bs...which doesn't even help fund the company...just pays off the many creditors in free trading stock haahahahahhahaaha

[doogdilinger]

3. DTC (Depository Trust Corporation) Chill

bwahahahahaha...only took him how many years to come up with that "blame the old funders" crap?????????

What happened to all the previous blog bravado explanation blatantly lying to his round 1 shareholders telling them it was some minor technical glitch with eric was going to have immediately corrected!!!!!!!!!!!!!!!!

[doogdilinger]

4. Poor Sales

In other words...eric is clueless how to brand his products even though his former sales head patricia miles got him in all the relevant Canadian big box accounts!

[doogdilinger]

5. Lack of USA national banner

Oh but over 3 full years ago everybody was in the office on a Saturday night set to hit the ground running as soon as they received the expected calls from all 3 big USA accounts...even though any fool with half a brain need only look at the pathetic Canadian sales numbers to know that no USA Big Box purchasing manager is gonna be dumb enough to grant their valuable shelf space to a product with such poor results/performance north of the border!

[doogdilinger]

6. Lack of activity or sporadic activity in other Winning Brands products

No critics even wasting time discussing the so-called other products...because for years WNBD themselves talks about them for a few months then doesn't mention them for months...then repeats the process all over again. Yet the entire time none of the secondary products have ever added much of anything to WNBD's top or bottom lines...so nothing but wasted blog mumbo-jumbo

[doogdilinger]

7. Losses by shareholders

The only shareholder losses that matter are the shareholders who held through the reverse split believing the blog bs that the R/S was being done in CONJUNCTION with an uplisting to the OTCQB!

So any blog weaving bs about old longs making profits here years ago is misdirection bs at its finest...and the only thing that any longs who held through the R/S have to show for their loyalty is the cold hard reality that even the post reverse share price has fallen over -95% while the rate of dilution has begun to ramp up each passing quarter to higher and higher levels

[jollyjack]

What the heck really!!!

The DTC chill really nailed the coffin shut on this one, and nothing will happen until its riscinded. A subscriber caused the Chill and until that subscriber is sorted out no uplisting. Wait a minute lets just read Rule 504....This smells of negligence... Eric hope you are still keeping tabs. You've just hoisted yourself by your own petard.

Rule 504 does allow companies to sell securities that are not restricted, if one of the following circumstances is met:

The company registers the offering exclusively in one or more states that require a publicly filed registration statement and delivery of a substantive disclosure document to investors;

A company registers and sells the offering in a state that requires registration and disclosure delivery and also sells in a state without those requirements, so long as the company delivers the disclosure documents required by the state where the company registered the offering to all purchasers (including those in the state that has no such requirements); or

The company sells exclusively according to state law exemptions that permit general solicitation and advertising, so long as the company sells only to "accredited investors."

Even if a company makes a private sale where there are no specific disclosure delivery requirements, a company should take care to provide sufficient information to investors to avoid violating the antifraud provisions of the securities laws. This means that any information a company provides to investors must be free from false or misleading statements. Similarly, a company should not exclude any information if the omission makes what is provided to investors false or misleading.

While companies using the Rule 504 exemption do not have to register their securities and usually do not have to file reports with the SEC, they must file what is known as a "Form D" after they first sell their securities. Form D is a brief notice that includes the names and addresses of the company’s owners and stock promoters, but contains little other information about the company.

In February 2008, the SEC adopted amendments to