InvestorsHub Logo
Followers 193
Posts 8095
Boards Moderated 0
Alias Born 02/22/2014

Re: None

Wednesday, 02/01/2017 1:12:24 PM

Wednesday, February 01, 2017 1:12:24 PM

Post# of 2575
Federal contracts news SOUM!!!


SoOum Corp's (SOUM) Subsidiary Western Grade, LLC Awarded 3-year Federal IDIQ Contract Marketwire "Press Releases"
SHOW LOW, AZ -- (Marketwired) -- 02/01/17 --

Western Grade LLC , a Civil Contractor and wholly owned subsidiary of SoOum Corp (OTC PINK: SOUM), has secured an Indefinite Duration, Indefinite Quantity (IDIQ) Federal contract with a Division of the United States Government. The contract will deliver road construction and maintenance projects for a duration of 3 years with a $950,000 USD limit. An IDIQ contract provides for an indefinite quantity of supplies and/or services during a fixed period of time.
The contract should add to the revenue stream of the Company for the next 3-years, enhancing Western Grade's contract pipeline.
About SoOum Corp
SoOum Corp is a publicly held (OTC PINK: SOUM) Physical Commodities Trading firm. Specializing in arbitrage based transactions of Physical Commodities , as well as offering an e-commerce Trading Platform.
About Western Grade
Western Grade, LLC a wholly owned subsidiary of SoOum Corp. is a well-respected general contractor capable of Commercial and Industrial, as well as residential projects. The company offers unsurpassed expertise and state of the art technical capabilities.
For further information, contact: Steve Messina , SoOum Corp. , #646-801-3772 and investors@sooum.com. www.sooum.com.
Cautionary Note Regarding Forward-Looking Statement
Statements in this press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve some risks and uncertainties. The Company cautions that various factors, including the factors described under the caption forward-looking statements in the Company's annual report on Form 10-K, could cause actual results to differ materially from the statements contained herein. These factors include the following: business conditions and volatility in the commodities market, and the general economy; competitive factors including compressed gross profit margins; shifts in market demand; product availability; reliance on key customers; fluctuations in foreign currency exchange rates; income tax legislation; and the risk factors listed from time to time in the Company's reports filed with the Securities and Exchange Commission . The Company undertakes no obligation to update any forward-looking statement.

Image Available: http://www.marketwire.com/library/MwGo/2017/2/1/11G129103/Images/GSA-ae8bbd8aac4fa6a99b3558741fd3686d.jpg
Steve MessinaSoOum Corp.646-801-3772 investors@sooum.comwww.sooum.com

Source: SoOum Corp
Replies:
F'ing HUGE HITS..........BYE BYE
taconacho on 2/1/2017 1:01:46 PM
SOUM .002 boooooooooooooom
$treet Trader on 2/1/2017 1:02:01 PM
Lets fucking go!!!
MillionaireBy28 on 2/1/2017 1:02:02 PM
Yiii haa $soum does it again
VEGASREAL8TOR on 2/1/2017 1:02:23 PM
Yes, that is great news, thanks!
bradlee on 2/1/2017 1:08:26 PM


Report TOS

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.