Winvest Group Ltd. (OTC: WNLV) (the "Company") acknowledges that OTC Markets has updated its profile page on February 6, 2025, with a Stock Promotion Flag, indicating the presence of promotional activities related to its stock. In response to OTC Markets' request for clarification, the Company is providing the following statement.
The Company became aware of the stock promotion activities on February 5, 2025, through its routine market monitoring and investor inquiries. Based on an internal review, the promotional materials primarily originated from StockWireNews, which is owned and/or operated by SWN Media LLC, and were engaged by Sincerity Australia Pty Ltd., directly or indirectly. These materials, distributed via emails, social media posts, and published online articles, were created using publicly available information about the Company’s business, market potential, and stock performance. Since these activities began, the Company has observed an increase in trading volume and a moderate rise in stock price.
The Company has engaged Sincerity Australia Pty Ltd. (“Sincerity”), an Australian firm, as an awareness consultant under a written agreement. Sincerity assists in raising public awareness of the Company through various channels, including emails, social media, YouTube videos, and other marketing initiatives. As part of these efforts, Sincerity has engaged SWN Media LLC and TD Media LLC for information dissemination. The Company, however, retains editorial oversight and may direct amendments or removals of content deemed misleading.
Upon reviewing the promotional materials, the Company confirms that they do not contain exaggerated, misleading statements regarding stock price movements, or speculative claims. All promotional materials - including emails, social media posts, and online articles - are co-created by the Company and Sincerity, and approved by CEO Jeffrey Wong before public dissemination. Sincerity and its affiliates are strictly prohibited from using any non-public or unverified information in the awareness efforts.
Following an internal review and inquiry with management, the Company confirms that its officers, directors, controlling shareholders, and third-party service providers have engaged in securities transactions within the past 90 days. However, all such transactions were conducted in full compliance with Rule 144 (which governs the resale of restricted or controlled securities) and were unrelated to any promotional activities. Furthermore, no securities transactions were made during the promotional period by the Company, its officers, directors, controlling shareholders, or third-party service providers.
Over the past twelve months, the Company has engaged only Sincerity Australia Pty Ltd. for investor awareness services. The Company has not retained any other third-party firms for investor relations, public relations, marketing, or stock promotion. Sincerity is required to use only publicly available, Company-approved materials, such as press releases, regulatory filings and the investor deck. The Company does not authorize speculative or misleading content, and any non-compliant material identified will be promptly addressed and corrected.
The Company confirms that it has not issued any shares or convertible instruments at a discount to the prevailing market price at the time of issuance. The only outstanding convertible securities are 300,000,000 shares of Series A Preferred Stock, issued on June 3, 2021, through a private transaction related to an acquisition that resulted in a change of control. Each Series A Preferred Stock ($0.001 par value per share) is convertible into 50 shares of restricted common stock and unrelated to any promotional activities.
For further information, please contact:
Jeffrey Wong, Chief Executive Officer
Winvest Group Ltd.
50 West Liberty Street, Suite 880
Reno, NV 89501
Email: jeffrey.wong@winxglobal.com
Phone: +1 775-996-0288