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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Bop Design Announces Tips to Convert Web Leads Into Paying Customers

Category : Stocks

Building Relationships From an Online Call-to-Action

The rest is here: Bop Design Announces Tips to Convert Web Leads Into Paying Customers

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Strike affects Bus Eireann services

Category : Business

Bus Eireann says the “vast majority of its services” are not operating due to industrial action, including some cross-border services.

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Crown Post Office staff go on strike

Category : Business

Staff at some of the UK’s largest post offices are taking industrial action in a growing dispute over closures, franchising, jobs and pay.

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EU considering Bangladesh action

Category : Business, World News

The European Union says it is considering “appropriate action” to encourage an improvement in working conditions in Bangladesh factories.

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Winning Brands Corp. (WNBDD: OTC Pink Current) | Winning Brands Reverse Stock Split

Category : Stocks

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Winning Brands Reverse Stock Split

PR Newswire

NEW YORK, April 24, 2013

NEW YORK, April 24, 2013 /PRNewswire/ — Winning Brands Corporation (OTC Pink: WNBD) www.WinningBrands.com announces that a reverse split of its common stock will go into effect as of April 25, 2013 on a basis of 1:500. A 90% reduction in the current authorized level of common stock will be implemented by the Winning Brands Board, providing a new lower common share cap of 500 million.

The result of the action will be a reduction in the number of Winning Brands common shares outstanding to 9,996,078 as of April 25th. No fractional shares will be issued. The trading symbol will be WNBDD for 20 days in order to designate the corporate action, following which the symbol will revert to WNBD. The new CUSIP Number will be 975012204.

Winning Brands CEO, Eric Lehner, comments further: “There are two benefits to the company from this action. The first pertains to corporate finance. This share consolidation is a step toward the company’s previously announced plan to become registered with the Securities & Exchange Commission by adopting a more conventional share structure and thus providing a more attractive basis for financing the registration related activities. Appointment of auditors registered with the PCAOB (Public Company Accounting Oversight Board) will follow. If SEC registration is obtained, Winning Brands will seek quotation at the OTCQB level of www.OTCMarkets.com with possible dollar volume liquidity advantages for shareholders. The second benefit to Winning Brands is an improved basis to accelerate operational work, including the recruitment of new sales personnel, with the top priority being the hiring of U.S. sales management.”

Most Winning Brands common shareholders do not need to take special steps in order for their holdings to be converted into the new shares, because this will be carried out automatically by FINRA member investment dealerships before and during trading transactions, with restated holdings appearing automatically in electronic accounts, pertaining to the new CUSIP number. Winning Brands shares are not currently eligible for clearance through all brokerages and implementation procedure amongst organizations may vary.

All shareholders are invited to e-mail the company with questions. The questions will be tabulated and form the basis of a conference call to be announced in the first week of May, in which answers, clarification and further explanation will be provided. Please address all enquiries to the Office of the Assistant to the CEO: Jean@WinningBrands.ca. Mr. Lehner maintains a CEO weblog for the benefit of shareholders at www.WinningBrandsCorporation.com/blog. It serves as an overview of operational highlights, provides answers to many shareholder questions and should be considered a source of public information pertaining to the company pursuant to SEC Fair Disclosure guidelines.

Mr. Lehner concludes: “This is a case of Winning Brands advancing. The reverse split is part of an assertive registration and company uplisting effort. Winning Brands has risen upward through the OTC ranks of non-reporting issuers in our formative years to reach the highest available level in Pink Sheets, “Current Information”. Now we are targeting the next level up – OTCQB. In the business, we have earned very desirable retailer relationships as a foundation for success. We must increase consumer awareness of our products and consumer traffic to these well-known retailers. Additionally, aggressive business development in the industrial and commercial sectors with our existing products, as well as new ones that are currently under development, is being planned. The bottom line is that we can accomplish a great deal more and are ambitious to get it done. We continue to mature as a young publicly held venture and look forward to deepening our relationships on all sides”.

ABOUT WINNING BRANDS CORPORATION: Winning Brands is a manufacturer of advanced cleaning solutions including 1000+ Stain Remover, World’s Most Versatile Cleaning Solution™, through its subsidiary Niagara Mist Marketing Ltd. www.1000Plus.ca 1000+ is an alternative to conventional cleaning solvents and is considered to have unique desirable properties. 1000+ Stain Remover is a Schedule Contract Holder under the U.S. Government’s General Service Administration www.WinningBrandsGOV.com and is now registered with the U.S. Department of Defense EMALL. The innovative stain remover and multi-cleaner was known during early marketing as Winning Colours. The brand’s remarkable cleaning characteristics in household, commercial and industrial applications can be seen on Facebook (www.facebook.com/1000PlusStainRemover) and Youtube (www.youtube.com/results?search_query=1000%2B+stain+remover&oq=1000%2B+Stain+&aq=0&aqi=g1&aql=&gs_sm=c&gs_upl=5756l10795l0l13588l12l12l0l1l1l0l219l1669l2.6.3l11l0). 1000+ Stain Remover is available coast-to-coast in Canada in some of that country’s largest retailers and a growing number of U.S. outlets. Winning Brands intends to launch complementary products to its existing channels and expand its reach into additional sectors of its marketplace. The company’s goal is that 1000+ and its other Winning Brand peer products become household names and favourites in their categories. Additional key brands include CLEAN1 Hard Surface Cleaner, KIND Laundry Products and ReGUARD4 bunker gear cleaning solutions for firefighters.

PRODUCT INFORMATION and INTERVIEWS:

Jean Wursten-May, Assistant to the CEO
220A-11 Victoria Street, Barrie, Ontario, Canada L4N 6T3
Tel: (705) 737-4062 Fax: (705) 737-9793 jean@winningbrands.ca

1000+, CLEAN1, KIND and ReGUARD4 are trademarks of Niagara Mist Marketing Ltd in connection with indicated uses. Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company’s future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.


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Saxena White P.A. Files Securities Fraud Class Action Against UniTek Global Services, Inc.

Category : World News

BOCA RATON, FL–(Marketwired – Apr 19, 2013) – Saxena White P.A. has filed a securities fraud class action lawsuit in the United States District Court for the Eastern District of Pennsylvania against UniTek Global Services, Inc. (“UniTek” or the “Company”) (NASDAQ: UNTK) and certain of the Company’s executive officers. The class action is filed on behalf of investors who purchased or otherwise acquired UniTek’s common stock during the period from May 18, 2011 through April 12, 2013, inclusive (the “Class Period”). The complaint brings claims for violations of the Securities Exchange Act of 1934.

Read more: Saxena White P.A. Files Securities Fraud Class Action Against UniTek Global Services, Inc.

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FCA hints it may act on teaser rates

Category : Business

Action may be taken against so-called “teaser” rates on savings accounts, the Financial Conduct Authority has hinted.

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HBOS: Should Andy Hornby and Lord Stevenson get boardroom ban?

Category : Business

Former HBOS chief James Crosby has offered to give up his knighthood and a third of pension – but should his successor Andy Hornby and the bank’s former chairman Lord Stevenson face action?

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HMRC workers to strike over cuts

Category : World News

Thousands of HM Revenue and Customs staff are set to go on strike, as part of a wave of industrial action being staged by civil servants.

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Libor probe continues in New York

Category : Business

A judge tossed many claims in the biggest Libor-related class action suit, but New York attorney general Eric Schneiderman has not given up his pursuit.

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