Soupman Inc. (fka SOUPQ)

[TradingGems]

SOUPQ those of us who hold know what we own. NOTICE HOW THERE HAS BEEN VERY VERY VEEY TINY VOLUME THE last week? and the weeks before the PR the only big volume day in the last 3 weeks was that 1 PR day. SHARES THAT WERE LOADED BY THE BIG BOYS ARE LOCKED. Today here we are at 10:30 and less than 500k volume. shhhhhh

FACTS MATTTER AND I WILL ALWAYS ATTEMPT TO SNEAK THE FACT ON THE BOARD

SOUPQ WC AND CREW BOUGHT 194 MILLION SHARES
SOUPQ JR FREEDMAN BOUGHT 66 MILLION SHARES with his own personal money
SOUPQ ONCE TRADED AT $2.40
SOUPQ HAS EMERGED FROM BANKRUPTCY
SOUPQ FLOAT IS TINY
SOUPQ JUST RELEASED A PR AND WERE VERY CAREFUL WITH THEIR WORDING. A lawyer normally proof reads PRs from $750 million hedgefund companys... EVERY WORD IS CAREFULLY PLANNED, DISSECTED, DETAILED. I read enough words to hear what i hear eh hem ....

SOUPQ OH WAIT PEOPLE ARE SAYING THE WEBSITE IS SUSPENDED? UMMM well how can you explain the PR put on the site by the NEW MANAGEMENT. this link works just fine for me or do i have a special computer?

http://originalsoupman.com/news/soupman-inc-emerges-bankruptcy


I can go on and on but im walking on eggshells when i post here so i'll stop there. FACTS ONLY

THE MOST VALUABLE THING FOR WC IS THE SOUPQ BRAND. not the assets. I don't know how many times they have to say THE BRAND for people to understand. The only needed to say it once for me, but lets highlight for ya why don't we.

Soupman, Inc. Emerges from Bankruptcy READ IT AGAIN ..WHOOOOOO EMERGES FROM BANKRUPTCY? WHO?
-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 (keeping the public informed? why when GLB is a PRIVATE company?) 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