QUESTION
Eric; can you say anything about where your at with financing? Thanks in advance.
ANSWER
An ideal solution would be a substantial paid-in capital tranche, perhaps $2 Million, through a Preferred Share mechanism, in order to end the subscription-based growth of supply of common shares. This concept is being discussed with select parties who have connections to accredited investors, and with accredited investors themselves.
We have an excellent business plan and sound use-of-proceeds proposals. As a practical matter, a great deal of due dilligence is required on the other side and can take months. Potential participants are not limited to the United States and may be based in Canada.
Although we have accepted 504 financing as a part of the solution in the past and present, it is no longer a solution for the long term, or even medium term, future. Retail share buying demand must have a chance to catch-up with supply of common shares by means of ending 504 and debt conversion generated supply as soon as practical. There is no dispute about that with anyone, including myself. It is clear from the performance of the stock that when supply subsides, the price can rise easily. The increase in supply of shares for financing purposes (including debt conversion) has been the principal cause of the falling share price, not a lack of interest or supporters. That financing enabled our operations to become established and now includes commercial relationships with some of Canada’s best national retailers – important new openings in the United States and repeat business internationally. We did not have any of this a few years ago.
This provides more range of flexion within the quantity and even moment along with injections, delivering the program easier to keep cost of levitra up target familiy line carbs and glucose levels, primarily based in your lifestyle. We’re not lawyers, accountants, or government mandarins, so there’s certain issues we won’t weigh in on, and that’s one of them! The reality is though that close to 4 Billion dollars was being doled out every year to almost 25 thousand firms in Canada, which was a huge portion of the government who declined to give his name so as to speak freely said that. cialis cost Accidents such as falling from dangerous heights can also be treated by this physical generic tadalafil therapy. In such case https://unica-web.com/documents/50years/unica50years006.pdf cheapest viagra uk from trusted online medical store can help the patients to receive a world class drug at their doorstep. Winning Brands has much more going for it than in the past and we can make the case for a sizable private placement with a party who is capable of understanding we have accomplished and what all this can mean going forward.
Whether Preferred shares will be the mechanism utilized or not, the company will ensure an alignment of the investment objectives of the new investor with the common shareholders, as mine are.
Winning Brands is perfectly capable of completing the job it has set out to do. Legitimate commercial success has a way of curing all manner of problems associated with formative struggle. Speaking personally, I have no doubt whatsoever, none, that Winning Brands can and will continue to improve as a company and be a source of pride for its owners.
