"Lets be honest here.....do company's and hedgefunds REALLY care about small time investors like us?
Wealthcolony only spent about 2 mill on the shares. Wealthcolony market cap is almost 1 billion.
So Im sorry to say, I cant agree with the idea that Wealthcolony is worried about our feelings.
If companies cared, the following companies would have cared and not wiped out commons.
etc etc etc
The fact of the matter is this.....will Wealthcolony make more money by keeping commons in tact OR by converting there commons into preferred shares.
And what about the remote possibility that, they take the business private. Maybe they just wanted the assets, and more importantly the real-estate that SOUPQ has.
BUT don't get me wrong now, I do CARE. I have a 800,000 share position in SOUPQ right now. I feel the rewards out weighs the risk 10-1.
And to be completely honest, all I want is .20 per share. LOL"
Yeah!!! Lets be honest, No, most companies don't care about shareholders, but some do.
Sunedison, Arch Coal, Halcon, Line Energy, you have to remember these were once high flying stocks and if not most some people made a lot of money on them, but what these energy companies do is they file BK, not only wipeout shareholder, they wipeout the lien holders from the Far East, most specifically China and the beauty of the law in America is, they can remerge out of BK and shaft everyone at the same time. Hillary during the debate called out on Trumps BK (4 of them) and he said, well, you wrought the bill and I took advantage of it.
Yes, WC is not worried about our feelings, only theirs.
If WC sell into the market place by law, they have to file within a few days at the most, so filings as of right now.
Remote possibility of taking the business private, it's virtually impossible. SOUP has noting to offer, other than just a below average soup, nothing, their revenues are nothing to even discuss, they might as well have zero revenues. They have no assets, at the most probably some fixed fixtures, like, hood for the kitchen, walking coolers, office furniture, cash register. Do you think for one minute WC would have lay out close to 2 million dollars and take on the debt for those assets. They have no real estate, none whatsoever. SOUPQ had nothing, but a measly couple of million dollars annually, nothing to sneeze on. And believe me, shares will stay intact, they did this for not for SOUPQ they have bigger plans, how big, I don't know, we just have to wait and see Gallant Brands assets, when their assets is issued, then we can assume some numbers, but for now 0.20 Short to Mid term is a possibility.
I think WC did this out of spite against the original SOUPQ management and they have bigger plans. I repeat again, they will not take this private and shares will stay intact.