Winning Brands Corporation (PK) (WNBD) Quote

Every so often I check in to see how the WNBD train wreck is coming along. Not at all surprised to see where the company is now at, with Eric Capt. RS, at the helm of his own private, now empty, piggy bank. Now the chickens have come home to roost, and despite flogging, the dead horse is now dead in the water. There is no positive outcome for WNBD here, as no one in their right mind will take the company on as a going (sic) concern, its most likely that the intellectual property etc. associated with their products will be sold off to the pay creditors, and the company folded. its a bit late to say DYOR (heck its not as though posts on this board didn't shout buyer beware) , however GLTA. Jollyjack

Ya, I see that, blaming the creditor for his inability to pay. It's very simple. He or his lawyer try to make an arrangement but he is broke. And he wants to blame others for the position is in that he is responsible for.

Yep, he is responding to tweets on X now, but yeah today's actions was weird

It has happened before with no explanation. It would be good if it would continue so it could give people holding a chance to get out if they want.


However whatever happens on the market does not change the other events happening, being the Bankruptcy applications & Eric having to move from his office/warehouse location. No one seems to know where he is now located?


I find it bizarre, that Eric has not said anything since April 10, 5 months ago. I get he is in extreme conditions but does he think his silence helps? By the time he speaks, he likely will be hit with negativity, but things are pretty quiet, so his presence might not even be noticed much if and when he shows up.

30.9mil volume today and closed at 2, I have no idea why

Well maybe WNBD can drum up enough sales now to pay the IT who looks after GestureTek . com website

STILL AVAILABLE USA AND CANADA

He has not gone Bankrupt. However, a creditor has petitioned the court asking the court to declare Eric and his company insolvent ( Bankrupt ) That won't be decided till sometime in 2025.

In my opinion, it was not the economy that caused the deep financial issues, it was the GestureTek Acquisition. I think if he had not gone there the business would be running as it had before the acquisition, not wonderful but running.

He may have went Bankrupt. Tried to place an order for the 1000+thru Home Depot, and it wasn't available,
It looked like he was trying to turn things around once, and most likely couldn't do it .Wondering how much the
economy had to do with it.

Erik might be dead. Not that it makes any difference.

Perhaps that is the proper conclusion to come to grips with. This of course does not matter now and might not be believable to you, my main reason for being here was to try to give a heads up, warnings about Eric and the business, even though for some it came across as bashing, and counterproductive. I also thought strongly the acquisition was going to lead to a disaster and that itself was a false business story being presented

Eric has done a significant amount of misleading, misrepresentation, and some outright dishonesty while being able to project this image of a nice trustworthy guy.

I could supply a detailed list but at this point likely folks are not interested.

I will update this situation and hope for a miracle as it will require one.

I have mentally written this one off,

Off the ignore list. Eric has gone silent and does not know what to say. He had to move from his office location, likely due to nonpayment, asked to leave, evicted.? He could be hiding from people looking for payments. That is speculation and could very well be not true, but it's a possibility.

The audits for me were BS. Audits are expensive, likely did not have funds for it, and they would not change anything. The only thing that would, would be a whole lot of funding but where would that come from? He was defaulting on the creditor that filed the bankruptcy application. In the Niagra Mist bankruptcy application, it reported tax arrears of $330,363.08. That is owing to the Government and is substantial.

He has lenders but the problem is, I suspect he just continually asks for more to borrow while none gets paid back. If this is true, at some point those lenders put up the stop sign saying no more until you start paying back.

I won't say there is no hope but will say there's little hope. If he could have borrowed to make a deal with this creditor that be one thing, but it did not happen. I have no doubt Eric ran to whoever he could to try to borrow and no one stepped up to the plate. The lender/creditor surely would have considered some reasonable offer versus getting maybe nothing from this possible bankruptcy and it did not happen. For me, it's a sign lenders with exposure are coming to grips with taking their loss and not willing to sink another penny with Eric.

many have tried to contact Eric by PM/DM and all are being ignored, no one really knows what is going on

All we do know is what was said in his last tweets
he is working on the audits
and that he is working on trying to get better financing
and what folks on here and other site unearth and share

all we can do is hope he comes thru, if not it is what it is and we all learned another hard OTC lesson

This was the message you got that was up briefly when you went to GestureTek..com.

I wonder if our in house reporter with the direct communication line to Team Eric PR machine, could get an update if this website IT person/company will get paid sometime soon so they may put food on their table to survive, plus an update on the bankruptcy applications, and finally a new address update location on office/warehouse if there is one.?


Eric - you told me 3 1/2 months ago you would pay me within a few days, and still nothing!!! My rent was due a few days ago, I have no food - I need to know when you will pay me! I was told by Vince last Monday that I would be paid on Friday but it's now 3 days later and he says he can't reach you - please let us know!

Here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175017044


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175020407

Kutter: Show him my post, this one please -

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175017044

And this one, please.

Please note that WNBD is not Bankrupt. They did not file for Bankruptcy. A creditor has petitioned the court asking the court to declare WNBD Bankrupt. Eric did contest the application so this won't be decided till next year sometime.

I am not saying this as Mr basher, I do not think Eric has much chance of success here. I am trying to give a fair take on this by saying it's not a done deal, that Eric has contested it. I think in the end the court will grant the application and I think they can deal with it despite the Corporation being Incorporated in the US. Eric resides in Ontario, the Corporate office is in Ontario, and assets mostly are in Ontario as far as I know. However, it is the Court's decision, in the end.

The fact that Eric is no longer at the office location that he moved to, that he has not told anyone, has not disclosed about the bankruptcy application are factors I believe that there are deep troubles going on.

My bro sent me this, it makes sense now

https://www.hoyes.com/blog/what-it-means-to-have-u-s-debts-in-canada/#:~:text=If%20you%20have%20significant%20US,this%20applies%20only%20in%20Canada.

☹️

Yes, agree, that its too bad Eric doesn't have the courage to face his investors. Shameful.

SMH

I included in my post the link to your post where you said.

What I've read is the court case and everything. My take is that these are separate from WNBD and incorporated under their separate enities such as GersterTech or Niagra Mist.


You made the following complaint ( below ) about incomplete post, no link, etc, yet I was just pointing that I posted more than you did with your info you supplied that included no link to your full filing nor even the court file. We have no idea even what court case you read. I was OK though with what shared as it was done with good intentions.

How come you can post snapshots, and make claims yet you can't post a link to the full filing? So far nothing to go on but your incomplete posts


In any case, hope that clears it up for you.

It would have been much better if Eric would have shared this with his shareholders. I waited sometime before posting hoping he would be responsible. People have the right to know.

He posted this once on Twitter, that if there were any setbacks, he would and will let people know, that he does not play games with people's hearts, minds, and money. Respect matters.

That does not appear to be the case. Enjoy the rest of weekend. Take Care.


Hello Nate - I can assure you that if there were any setbacks, any doubt in my mind, or any remaining material unmanageable uncertainty about the Tech Div acquisition, I would and will let people know. I don't play games with people's hearts, minds and money. Respect matters. https://t.co/2evDeXUPb5— Eric Lehner (@WinningCEO) August 1, 2021

The quote doesn't make sense in replying to a post. You're the one with the info, I do appreciate the posting of it. Thanks

I posted more than you did. You did not even post a court file number never mind a snapshot.

The screwing is from the CEO & from any1 who knew the situation about the court
and that he is no longer in his office he move to & remained silent about it.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174983096

I cannot just drive there from where I am, and I do not see a way of searching their court documents

I see. Thank you Dick Tracey.
It's the Eric Lehner desperation distraction avoid the negative issue show.

Perhaps you can make post 241104 a sticky instead.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175017396

Application For Bankruptcy Order Filed On WNBD

And I just noticed I posted the Bankruptcy Application for Niagra Mist instead of Winning Brands. Here is WNBD.

The Canadian Court will determine if it has jurisdiction. It will look at where the business office and the assets are located including maybe bank accounts ( Canada). It might also look where the creditors are located. Canada and the US. It might also look at where the Director resides, Canada.

I do not believe Winning Brands has a strong argument that the proper jurisdiction is the US or that the Court in Ontario, Canada can not deal with it. This is an opinion, not a fact.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175014514


I posted more than you did. You did not even post a court file number never mind a snapshot.


However, my intent, good or bad is to inform people of what is going on while others' ( no names mentioned ) intention is to offer deflection.

It's not available online. There is no online system in Canada like the US has with Pacer in the US. I posted instructions on how to get the filing. You can email for it.


csd.scjrecords@ontario.ca , toronto.bankruptcy@ontario.ca



I am not the only one who knows about it.



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174780073

How come you can post snapshots, and make claims yet you can't post a link to the full filing? So far nothing to go on but your incomplete posts

I do have to say, it doesn't make sense, but I am not an attorney and I do not know what kind of treaties have been signed on such things

Well if it's true, then it's true.. we got screwed..

We will see I guess

Ty

I am not the one you should be asking.


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175015462

I was reading the first one posted and didn't see that

So why does it say Ontario Canada on the top of the page and then day pursuant to laws of Wilmington, Delaware United States

It sounds like you're reading the GestureTek Bankruptcy and by all means, why don't you share some details on what court case you are reading?


I broke the GTek Bankruptcy in May/2022



It won’t be deliveries from customers of GestureTek Systems Inc that will switch over since the bank petitioned them into Bankruptcy in 2019 reporting no assets and total liabilities of $307,992. You referred to that as losing their bank line of credit. pic.twitter.com/E0LML3n9wY— satter (@satter770736012) May 6, 2022

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175014921

No, you did not read this Court case - BK-24-00208698-OT31. It's filed against Winng Brands Corporation. Please Read below. It says in the matter of the Bankruptcy of Winning Brands Corporation. It has nothing to do with GestureTek. I have no idea what you are reading and suspect it's the old bankruptcy of GestureTek Systems Inc. from 2019 that I first revealed a few years ago. This is an Application for a Bankruptcy order against Winning Brands.

Makes sense

What I've read is the court case and everything. My take is that these are separate from WNBD and incorporated under their separate enities such as GersterTech or Niagra Mist.

Both filed bankruptcy but not WNBD.
Hope it makes sense

You did not find Court File - BK-24-0020-8698-OT31. As I have said a few times it's a petition or application for Bankruptcy on WNBD. There also is a Court file on Eric Lehner and another one on Niagra Mist.


This again this will be decided next year. The outcome is bleak. Imho.


I posted instructions with email accounts where you can email & ask for copies.


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175012779


I don't want to post docs & then have someone come along to suggest they could have been altered or manipulated

The only thing I found is within WNBD, he Inc. Gester Tech separately, which was filed in the courts as being bankrupt.


Not to have any effect on WNBD

Re: TAB Post 241079 - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175010297


He has me on his ignore list, can't read this. Can you c/p again this to him. Thank you. There is no searching for the file as there is no online court system in Canada.

WNBD is not currently Bankrupt. A creditor has petitioned the Court to have him and his companies declared Bankrupt similar to what happened to GestureTek Systems Inc in 2019. A decision won't likely come till Q2 2025, maybe Q1. it depends on the Court scheduling. In my opinion, it's very unlikely Eric/WNBD will survive.

Eric is no longer in the office/warehouse location he moved to. From around July 15th. It's being advertised for rent. He likely was evicted, asked to leave for nonpayment, is delinquent, pick your choice.

You can try emailing for the file. Not sure if you're allowed to post email addresses here.

csd.scjrecords@ontario.ca , toronto.bankruptcy@ontario.ca


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175012201


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175012607

Actually, it was filled electronically in Barrie but since there is no Bankruptcy Court there, it could be found in Toronto at the Court at 330 University Ave.

That won't bring him to the Barrie Courthouse, Records Dept, to look up the Court File. A creditor has petitioned the Court to have them declare Eric, Winning Brands, and Niagra Mist declared Bankrupt.


This will be decided sometime next year, likely Q2, maybe Q1. I believe Eric has almost no chance of surviving the bankruptcy applications.


This is the same thing that happened to GestuteTek as they were petitioned into Bankruptcy in 2019


https://bankruptcycanada.com/bankruptcy/petitioning-a-debtor-into-bankruptcy/


TAB can't read this since he has me on ignore.

https://www.ic.gc.ca/app/scr/bsf-osb/ins/login.html?lang=eng

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174858851