satter
3週前
WNBD AI News Is Another Eric Fluff PR
The WNBD Tech Partner Is A Delinquent Shell
Before anyone buys into Eric's Bs Fluff today's news update regarding a "software development team" engagement, it is time to look at the hard financial dockets instead of the promotional press release.
Winning Brands ($WNBD) claims they have engaged a software team from Pineapple Express Cannabis Company ($PNXP), dba "Autonomous AI Holdings." Let’s pull the actual exchange data from the OTC Markets Portal to see who Eric is actually partnering with.
1) Official Shell Risk & Delinquent Status: The OTC Markets Regulators have officially flagged PNXP as a "Shell Risk" and "Delinquent SEC Reporting." They are not a thriving software house; they are an insolvent, sub-penny shell ticker.
2) Negative Equity and $0 Revenue: Independent financial analyses confirm that PNXP has negative shareholders' equity and makes less than $1M in revenue, with a total intraday market cap sitting at a microscopic $42,000 USD. They don't have the capital to develop software for themselves, let alone another company.
3) The 500-Million Dilution Engine: On May 12, 2026, PNXP’s board rushed through an emergency amendment exploding their authorized share structure from 75,000,000 to 500,000,000 shares because they completely ran out of operational cash.
This is a carbon copy of Eric's failed February 2022 Metaverse Tech PR campaign. Back then, he used heavy promotional buzzwords like *NFT virtual storefronts* and *3D Studios* to hype the bankrupt 2019 GestureTek assets, which delivered zero audited dollars over a 48-month loop.
Now, he is teaming up with a failed cannabis delivery shell that just diluted its own share pool by 500% to market an *AI Executives BOT* gimmick. It is two capital-starved entities trading worthless paper to manufacture volume so their respective funding creditors can dump post-split shares onto retail buyers. The court judgments and the share consolidations are the only real math here.
satter
3週前
Today's Announcement. The WNBD 4-Year Replay Loop
From 2022 "Metaverse" to 2026 Dilution.
For anyone celebrating today's "Many changes underway" PR as a fresh operational turnaround, it is time to take a textbook lesson in historical due diligence.
Go look at the official wire from February 15, 2022: "Winning Brands Previews Metaverse Capability of Its New Tech Division.
https://finance.yahoo.com/news/winning-brands-previews-metaverse-capability-172200988.html
Four years ago, the exact same CEO used the exact same heavy promotional phrasing to promise retail investors an imminent corporate evolution. He boasted about a "metaverse tools studio," "3D NFT virtual storefronts," and "blockchain tracking" that would make WNBD an active participant in global enterprise tech.
What actually happened with that grand 2022 Metaverse launch? Absolute zero.
Not a single audited dollar of technology revenue, not a single commercial purchase order, and not a single contract receipt ever materialized on the ledger. Why? Because purchasing bankrupt 2019 GestureTek software assets out of a liquidation sale means nothing if you have zero operational capital to commercialize them.
Instead of building actual enterprise software, management spent the last four years accumulating massive, unpayable liabilities. The mathematical consequence of that capital-starved loop was the brutal 1,000:1 reverse stock split on May 28, 2026.
Taking the website offline for a "504 Maintenance" screen over the weekend was a cheap theatrical copy of his old playbook. He manufactures weekend suspense to prime the retail pump on Monday morning, creating the high-volume window his bailing creditors require to convert their toxic debt notes and dump fresh post-split shares onto a new wave of buyers.
The historical data always outlasts the loaded words.
1973Scoobydoo
3週前
First you said you were loading this morning to take profit by the afternoon, and now you are begging for a crash back to $0.005 just to get an entry.
Let me answer your statement, the secret to day-trading is buy Low sell High, just an FYI if you did not know. So my target buy in is at $0.005, if I have to move the bid up tomorrow, I'll move the bid up tomorrow.
But whats your angle? apparently its not making money. There is a group of communist, leftist, market-socialist, anti-Trump folks that want equality in the markets. I hope you'r not one of them? I don't know.
All stock-related comments and opinions expressed here are my own and do not constitute financial advice. Investing involves risk, and you should always do your own research and due diligence before buying, selling, or holding any security.
satter
3週前
Who Cares?
Ask if these shareholders care:
And chaaaa-ching, all fall down🙈, as Eric raids the piggy bank yet again🤑! Hang on in there, 3rd time's a charm🙏🙏🙏
November 9, 2005: A 1-for-200 reverse split.
April 25, 2013: A 1-for-500 reverse split.
May 28, 2026: A 1-for-1000 reverse split
600,000,000 shares now 6!— Bladerunner2049 (@bladerunner2404) June 4, 2026
I made some really bad choices during COVID and this is one of them.
Hopefully the company proves me wrong but I've mentally accepted this as a loss years ago . pic.twitter.com/VUpa3yS32w— Matt (@MattB_2013_) June 13, 2026
2350$ wasted with your worst CEO management ever!!!
Resign Resign Resign, $WNBD— M-Trade (@MTrade2021) May 29, 2026
1,050,000 shares now worth $14.50 💀💀
We’re cooked pic.twitter.com/A0kJHpxvXe— Unknown Legend (@UnknownLegendEF) May 29, 2026
Thanks for the news @WinningCEO. It’s been down the drain since GestureTek 🤦♂️— The Shaunzy Show (@El_Shauno) May 29, 2026
Dilution. Reset. Dilution. Reset. Guy sure knows how to steal. Professional.— D_Mike89 (@D_Mike89) May 29, 2026
$WNBD. $WNBDD. This news release does nothing for shareholders you wiped out along with whatever credibility you had remaining. The #stock is doomed and will find its way back to #trading .0001. If this company is going to survive going forward, you'll have to resign as CEO.— 💰💰Not Just An OTC Stock Trader🤑🤑 (@TruthToPower23) May 29, 2026
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https://www.canlii.org/en/on/onsc/doc/2021/2021onsc612/2021onsc612.html
Did Mr. Perlman’s losses arise from fraudulent misrepresentation?
[40] Mr. Perlman also alleges that Mr. Lehner engaged in fraudulent misrepresentation when he represented the status of Winning Brands’ finances to him. I conclude that Mr. Lehner knowingly misrepresented Winning Brands’ finances and that Mr. Perlman was induced by the misrepresentation to make loans to the Defendants in November 2017, December 2017, and January 2018. By February 2018, Mr. Perlman was aware of the Defendants’ poor financial situation. He made the further loans in spite of that knowledge because he felt, as he describes it, “trapped.” By this point, he cannot be said to have been induced by Mr. Lehner’s prior statements.
[42] Here, I find that the representations Mr. Lehner made by email to Mr. Perlman dated November 14, 2017 constitute fraudulent misrepresentations, on which Mr. Lehner relied when he made the loans dated November 14, 2017, December 14, 2017, and December 18, 2017, for a total amount of $55,000 CAD.
[47] However, I find that Mr. Lehner’s representations regarding Winning Brands’ outstanding loans were false both in what was said and what remained unsaid. In Winning Brands’ 2017 Q3 financial statements, which were signed and certified as accurate by Mr. Lehner on November 7, 2017 (approximately a week before the above email exchange), Winning Brands’ liabilities totaled almost $3.5 million. To the extent Mr. Perlman’s request for information was specific to information about loans, Winning Brands’ loans totaled over $2.3 million. In the financial statements, the loans were characterized as “Loans Payable – 2008 to present” (almost $1.5 million), “Loans Payable – 2006 & 2007” (over $88,000), and “Loans Payable – Brand Development” (over $700,000).
[55] In sum, Mr. Lehner’s representations, as detailed above, constitute fraudulent misrepresentation, which induced Mr. Perlman to make the loans from November to January 2018, causing him losses of $55,000 plus interest. I note that, as there is no evidence the Defendants have been assigned into bankruptcy, I am not making a declaration specifically under s. 178(1) of the BIA.
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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157491786
I can tell you that my loan was never repaid - so i'm pretty sure that there are others out there haven't repaid as well. I've never wanted WNBD to fail and I don't believe the people that are sitting on bad loans ever wanted WNBD to fail.
Dennis for 6+ years it's been embarrassing for me to acknowledge the fact that I was duped. Heard every excuse in the book why Eric couldn't repay the loan.
I actually wonder how many other people are out there are waiting to get paid back?
BTW - You're correct - Eric does read this message board.
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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157555054
I know of 5 people that loaned money to him and never got paid back for my part was just over $70,000
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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169218660
TB – I’ve spoken to Eric and have emailed him several times over the years and as recently as 6 months ago.
I do have a question for you though – why should I have to be the one to reach out to Eric and ask him what’s happening in the background? If he can write and call to borrow money, why should I have to chase him for repayment? He can write or call his creditors with updates – can’t he?
Seems like a one-way street to me.
All I can say is don’t loan him money Teddy when he’s looking to make payroll, fund a special project, or to stay current. But I think you’ve already known that for quite some time now…
I do wish you luck though
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SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK
BEAUFORT CAPITAL PARTNERS, LLC,
Plaintiff,
-against-
WINNING BRANDS CORPORATION a/k/a WINNING BRANDS CORP.,
23. In sum, the total following amounts are due and owing by Defendant to Plaintiff:
Date of this Pleading
April 27, 2022
Remaining Principal
Accrued Interest
Per Diem
Indebtedness
The Promissory Note
$22,500.00
$18,681.85
$7.40
$41,181.85
The Debt Purchase Agreement
$42,368.69
$54,687.19
$9.29
$97,055.88
Total Indebtedness:
$64,868.69
$73,369.03
$138,237.72
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@satter770736012 was right in every word he said. I was an investors for years. Eric is not only a manipulator, he is a snake oil sales man. I went broke because of him, and yes I did take the risk to invest but the POS was literally diluting and taking our money.— Mali (@MaliTwades) October 25, 2023
1973Scoobydoo
3週前
we all have different ways to make money, by the time the market closes, I hold nothing, funny how folks hold on to s!#h, then they blame the company, the CEO, the dog, the weather, Trump. jajajajaja. Lets see what happens this week.
All stock-related comments and opinions expressed here are my own and do not constitute financial advice. Investing involves risk, and you should always do your own research and due diligence before buying, selling, or holding any security.
1973Scoobydoo
3週前
we all have different ways to make money, by the time the market closes, I hol nothing, funny how folks hold on to s!#h, then they blame the company, the CEO, the dog, the weather, Trump. jajajajaja. Lets see what happens this week.
All stock-related comments and opinions expressed here are my own and do not constitute financial advice. Investing involves risk, and you should always do your own research and due diligence before buying, selling, or holding any security.