New developments with regard to the expansion of a company’s distribution channel are almost always seen as a positive by the markets. On Monday, Winning Brands Corp. (OTC:WNBD) started the week with an announcement of that nature, and it could be a good time for investors to take a closer look into it ahead of today’s trading.
New Partnership
The company came into focus on January 6 after it announced that it had managed to get new sales representation in South Korea for its GestureTek-branded immersive experiences. In the news release, the company revealed that it has also received an order for the first GestureTek ScreenFX system as part of the new partnership. The company went on to note that the system would be shipped to Seoul so as to display it in a showroom.
Key Details
It should be noted that Winning Brands Corp had also bagged the patent protection rights related to GestureTek and the business legacy in 2022. The acquisition had been completed with the aim of creating a technology division within the company. GestureTek is primarily known for its gesture-controlled interactive experiences for those in public spaces. It may be a good time to add the Winning Brands Corp stock to the watch lists.
Key Quote
Winning Brands Corporation CEO, Eric Lehner, comments, “Winning Brands Corporation announced in December 2024 that exciting new GestureTek installations would be occurring in 2025. Our new reseller relationship in South Korea is a very positive development. Our partner is a sophisticated organization that can choose any business and technology relationships in the world that they like. Our new partner would not waste their time on pointless alliances. This new relationship is helpful to both parties.
