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SOUPQ BOUNCING!!!!! .016 CRUSHED .0162 UP, L2 THIN!!

SOUPQ the opportunity of a lifetime the ticker SOUP is so sweet how many times did they mention "brand" in the pr?? LONGS WE ARE SO SET ITS NOT EVEN FUNNY, HAGAN WAS REPEATEDLY TALKING TO US, REPEATEDLY

Soupman, Inc. Emerges from Bankruptcy READ IT AGAIN ..WHOOOOOO EMERGES FROM BANKRUPTCY.
-Company's Brand & Financial Position Strengthen as New Management Completes Transition.

News provided by Gallant Brands, Inc. d/b/a Soupman, Inc.

NEWS PROVIDED BY
Gallant Brands, Inc.
Sep 28, 2017, 08:17 ET
EATONTOWN, N.J., Sept. 28, 2017 /PRNewswire/ -- Soupman, Inc. (the "company"), owner of the Original Soupman brand, emerged from bankruptcy on September 8, 2017, with a clean balance sheet and a new management team committed to living up to the brand's value.

The brand, created in 1984 by Al Yegenah and made famous by Seinfeld in 1995, filed for Chapter 11 bankruptcy protection on June 13, 2017, as a result of overbearing legacy liabilities and corporate governance issues.

After an arduous legal battle, Gallant Brands, Inc. ("GBI"), led by shareholders of the public entity (LED BY PEOPLE WHO STILL HAVE SHARES OF SOUPQ) acquired the assets of Soupman, Inc. from bankruptcy, eliminating over $11 million in debt and trade liabilities.

"We are selling great soup, and we're going to sell a lot more," said Joseph Hagan, president of GBI when asked if the business would continue operations. "A new regime is poised to finally capitalize on this brand's colossal value." (SOUP SUCH A LOVELY TICKER ISNT IT?)

Hagan continues:

"I am proud of the collective efforts of our team. We have all worked diligently to avoid interruption in operations and to identify those business opportunities that move our business forward. We are especially pleased to have the support of our long-term shareholders (Gallant Brands was created SPECIFICALLY TO BUY SOUPQ SO THEY DONT HAVE LONGTERM SHAREHOLDERS YET), vendors, suppliers, franchisees, and our customers. Their patience and commitment through this transitional period for Soupman has been pivotal in our re-emergence. We look forward to keeping the public informed of our streamlined business model, new customers, and exciting new opportunities."

About Gallant Brands, Inc.

Gallant Brands, Inc. (GBI) was founded with the specific purpose of purchasing Soupman, Inc. assets and operating the company under new management. GBI has identified one critical employee and has engaged a team of financial and food industry veterans with over 100 years' experience collectively as its management team. With an emphasis on strong cash flow, the Gallant team will implement simple operational changes, capable of saving the business over $1.2 million per year in spending while aggressively pursuing new business opportunities. Gallant is committed to communication, transparency, and accountability with the Soupman, Inc. constituents.

SOURCE Gallant Brands, Inc.

You just read:

Soupman, Inc. Emerges from Bankruptcy

NEWS PROVIDED BY
Gallant Brands, Inc.
Sep 28, 2017, 08:17 ET


http://www.prnewswire.com/news-releases/soupman-inc-emerges-from-bankruptcy-300527223.html