Over the past week, the company has received calls and correspondence from people purporting to be new shareholders, asking for news or assistance to increase the share price.
I have made it clear to all parties that I am only interested in arrangements that benefit shareholders as a whole, rather than participating in any promotional activity.
I have pointed out publicly since last year that non-toxic, not dilutional working capital would help maintain Winning Brands current status more consistently, and help to activate its joint ventures.
I have already gone through the exercise last year of people claiming to be part of investment groups promising loans if I would first help them increase the price of Winning Brands shares (for them). I have refused to participate in any scheme that puts the cart before the horse. If an investor or investors have the best interests of Winning Brands (and the value of their holdings) in mind, then the authentic approach is to strengthen the company itself as the first and most important foundation stone of share price appreciation.
Unless arrangements are genuine, then it is not worth doing. Accordingly, this is what Winning Brands would do with $50K, for example, at the moment: The following are the bullet points in shareholder correspondence that can be shared with anyone because they speak to the company’s integrity:
Priorities, contingent on financing:
- Bringing all legal paperwork, accounting updates, and current information into compliance
- Bringing two new joint ventures into operation to prove that Winning Brands can increase sales into new areas
- No reverse split during the period
- The company will put certain JV transactions into place that would increase Winning Brands genuine value as an enterprise by double the figure of its current market cap (as determined by projecting the real benefits of its proposed new joint venture(s))
- The new relationships would be publicly announced during a 90-day period for the benefit of all shareholders equally
- This is all achieved with a $50K non-toxic loan (not convertible) – repayable in installments beginning in 90 days and finishing in 180 days
- In other words, for merely the value of one good day’s trading, I can accomplish all this for our shareholders from business arrangements that are already in the wings and waiting for Winning Brands to perform its public housekeeping and prepare.
- I already proposed something similar publicly a year ago, but did not have a taker. Perhaps your team is more capable and sincere.
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Over the past year it has never occurred that so-called stock buying teams are what they claim.
Winning Brands has always let it be known, publicly, that a non-dilutional arrangement is on the table for persons who are willing to conduct themselves authentically.
I have no interest in participating in any back-room arrangements. This is why I state with total and complete confidence that the stock buying of the last week had no impetus from the company whatsoever and reflects no insider knowledge of any contemplated business that has not already been discussed publicly.
The company continues to appreciate any interest shown by current and future shareholders and will gladly deliver the best results it can based on the caliber of arrangements that it can make.
Respectfully,
Eric Lehner, CEO
