Winning Brands Resumes Filings at OTC Markets
March 09 2017 - 2:05PM
Marketwired
March 9, 2017
Operations on Schedule for Comeback
NEW YORK, NEW YORK-(Marketwired - March 9, 2017)
Winning Brands Corporation (OTC PINK:WNBD) www.WinningBrands.com
has resumed filing at OTC Markets. This step delivers on the
company's announcement in January 2017 that it was ramping-up
operations following a quiet period, by implementing measures to
restore momentum, increase shareholder value and achieve new
goals.
Regaining the OTC Markets Current Information Tier requires
completion of 2015 and 2016 filings. With the uploading today of Q2
2015 at OTC Markets, the updating process is underway, according to
schedule. Q3 2015 and Q4 2015 will be uploaded within one week.
2016 filings will begin shortly thereafter. By this schedule
Winning Brands will be granted, and will be operating within, the
Current Information "Pink" Tier again in Q2 2017, as planned.
This operational progress will support Winning Brands'
announcement on January 11, 2017 that the company is preparing a
minimum $1.5 Million Regulation A, Tier I filing with the SEC, by
means of a Form 1-A. That filing is also scheduled for Q2 2017. The
fact that a $1.5 Million securities purchase agreement has already
been entered into in connection with the Regulation A plan benefits
Winning Brands by removing any uncertainty about participation of
subscribers in the Regulation A offering.
The updated 2015 and 2016 operating results being filed with OTC
Markets show that despite the company's 2015 and 2016 challenge in
obtaining capital for marketing, resulting in weaker sales during
those past periods, Winning Brands retained operational integrity
and managed to continue reducing its losses compared to earlier
years. Consistent loss-reduction on a year-over-year basis, over
several years, has been a hallmark of Winning Brands performance
during its public period. This effective cost control positions
Winning Brands as a strong candidate for achieving profitability
from its lower cost base when pent-up sales and marketing
opportunities are activated. The proceeds of the Regulation A
financing will enable this new activity to occur.
To enhance future shareholder value for Winning Brands'
shareholders beyond the company's original business plan, Winning
Brands is placing new emphasis on revenue sharing opportunities
with product innovators. This expands Winning Brands' scope of
business prospects beyond its legacy sector of environmental
cleaning solutions. Winning Brands management considers the
combination of restored momentum for its core brands and access to
new shared revenue from the pending joint ventures to be the key to
its future success. Winning Brands reports that there are already
inventor candidates waiting to participate in revenue sharing
alliances in response to Winning Brands' innovation outreach at
www.InnovatorsCommunity.com. This website recruitment platform for
new product launch alliances is generating deal-flow of
opportunities that did not exist for Winning Brands previously. The
new website has been under development since 2016 at which time the
operational structure of Innovators Community was being refined
Winning Brands CEO, Eric Lehner, comments: "Let's be blunt. Most
aspiring micro-cap companies don't succeed. The hurdles are too
great. However, there is a small group of survivors who become
winners. They persist, they adapt, they evolve. The process is
Darwinian - it's survival of the fittest. It is from these few
micro-cap survivors who have overcome the longest period of
learning and challenge that the greatest can actually be expected.
Such firms have shown that they have the tenacity to make it.
Winning Brands is such a company. We are proven survivors,
passionate about what we do and positioning ourselves to go beyond
surviving to thriving. The outlook for Winning Brands is definitely
improving again. By combining the lessons of our legacy work with
the new energy of enthusiastic innovators, we have the best of both
worlds for good things ahead."
Mr. Lehner maintains a CEO weblog for the benefit of
shareholders at www.WinningBrandsCorporation.com/blog. It is a
journal of the company's mission, providing answers to many
shareholder questions. It is a regular source of public information
pertaining to the company pursuant to SEC Fair Disclosure
guidelines.
ABOUT WINNING BRANDS CORPORATION: Winning Brands is expanding
its scope to include cooperative product launches with innovators
whose projects can benefit from public company partnership. Winning
Brands has previously been, and continues to be, a manufacturer of
record for advanced environmentally oriented cleaning solutions
such as ReGUARD4(TM) fire service cleaner, KIND(R), 1000+(TM) Stain
Remover, World's Most Versatile Cleaning Solution(TM), and others
through its subsidiary Niagara Mist Marketing Ltd by means of
contract packaging. 1000+ is an alternative to conventional
cleaning solvents for consumers because of its unique desirable
properties;
Winning Brands (PK) (USOTC:WNBD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Winning Brands (PK) (USOTC:WNBD)
Historical Stock Chart
From Apr 2023 to Apr 2024
