Credit Card Fraud Reduction Possible? Winning Brands and Securter Explore How
April 20 2017 - 9:08AM
Marketwired
Apr 20, 2017 10:17 ETCredit Card Fraud Reduction Possible?
Winning Brands and Securter Explore HowJoint Venture Discussion
Starts via Innovators Community
TORONTO, ONTARIO-(Marketwired - April 20, 2017) -
Editors Note: There is a photo associated with this press
release.
Winning Brands Corporation (OTC PINK:WNBD) www.WinningBrands.com
and Securter, Inc. www.securter.com have entered into an
Exploratory Discussion Agreement ("EDA") regarding the launch of
Securter's new patent-pending technology to reduce credit card
fraud - a major and growing problem in digital commerce. The
agreement arises from Winning Brands' Innovators Community
initiative, through which innovators can partner with Winning
Brands for mutual advantage. www.InnovatorsCommunity.com
The EDA provides for a six-week negotiation period during which
both teams will seek an operating agreement to proceed. Winning
Brands will be announcing Exploratory Discussion Agreements for its
Innovators Community projects to avoid rumours, openly mobilize
expert assistance and increase awareness of the prospective
projects for the benefit of both announcing parties.
In such joint venture launches, Winning Brands will deploy a
portion of its current and future Regulation A financing proceeds
to support breakthrough opportunities as well as contributing the
work of subject matter experts. Winning Brands has formed an
"adaptive network" model that assigns subject-matter experts to
Innovators Community launch projects according to those experts'
specialties. This means that vetted projects are aligned with
appropriate talent for each launch. Innovators, such as Securter,
regard the joint-venture basis of cooperation with Winning Brands
as appealing because Winning Brands focuses on revenue sharing
rather than equity acquisition. Innovators otherwise find their
technologies or company ownership heavily encroached by traditional
venture capital relationships.
Winning Brands CEO, Eric Lehner, comments: "It is deliberate
that this potential joint venture is not related to our historical
product base. This is to demonstrate to present and future
shareholders that we are increasing the scope of WNBD aspirations
beyond existing limitations. Our adaptive network of subject matter
experts is an original operating model by which we will ensure that
deep industry knowledge is always present in project management. In
the Securter project under discussion, much vetting of the patent
pending technology has already occurred. The willingness of Winning
Brands to share public company resources and expertise in return
for revenue sharing opportunities is a terrific alternative method
for innovators to get their projects off the ground or grow. We all
know that the financial technology sector is vast in its reach and
has an enormous appetite for new products and services that improve
efficiency and reduce risks. With the Securter EDA, Winning Brands
proves that WNBD's upward potential is now limited only by the
talent of the world's innovators - which is vast. We already have a
waiting list. When our OTC filing catch-up is completed in the next
30 days, and the Current Information designation is attained in Q2
2017, progress will accelerate."
Winning Brands 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. Mr. Lehner also maintains a Twitter presence:
www.Twitter.com/WinningCEO.
ABOUT SECURTER, INC.
Securter Inc. is a private Canadian corporation which has been
developing a patent-pending new digital payment platform that
dramatically reduces costs associated with credit card fraud, while
increasing cardholder security. The company's team has R&D
branch operations in Israel, where early adoption by an established
and vetted digital online payments processer is expected to launch
Securter's technology as well. By joint-venturing with a public
company for the launch, without needing to be distracted by the
issues associated with direct public company operation, Securter
will improve its access to resources, retain focus on its
operations and retain better security and control over its
confidential and proprietary interests.
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.
www.InnovatorsCommunity.com. Winning Brands has previously been,
and continues to be, a manufacturer of record for advanced
environmentally oriented cleaning solutions such as ReGUARD4™ fire
service cleaner, KIND®, 1000+™ Stain Remover, World's Most
Versatile Cleaning Solution™, 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; VIDEOS Link; WEBSITE
Link. The versatility of 1000+ Stain Remover can be seen on
FACEBOOK. 1000+ Stain Remover is available to U.S. NAVY personnel
at 7 NEX depots in Japan, Spain, Italy and the Middle East; in the
U.S. at HOME DEPOT (online), WALMART (online), DO IT BEST HARDWARE
stores and many independent retailers. In Canada, the leading chain
retailer is LOWES HOME IMPROVEMENT:. 1000+ Stain Remover is also
available in select international markets including Australia, New
Zealand, Indonesia, UK, Serbia and the Caribbean. TrackMoist,
ReGUARD4 www.ReGUARD4.com and BRILLIANT
www.BRILLIANTWetCleaning.com are industrial products by which
Winning Brands serves specialized professional markets.
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.
TrackMoist, 1000+, KIND, ReGUARD4 and BRILLIANT are trademarks of
Niagara Mist Marketing Ltd in connection with indicated uses.
CONTACT INFORMATION
Winning Brands INFORMATION and INTERVIEWS:
Eric Lehner
CEO
(705) 737-4062
eric@winningbrands.ca
Winning Brands (PK) (USOTC:WNBD)
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