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.
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.
Some of the most knowledgeable Ihub penny traders are here. Do you think it's to lose money?
Here:
https://en.m.wikipedia.org/wiki/Form_8-K
It's investing 101, but I'm in a good mood.
Agreed. The best days are ahead for SOUP. Anyone that did not believe shares would stay intact has been proven wrong. Trading would have been canceled already, but instead we saw a 33 percent bump. $SOUPQ
That system is full of flawed data. Claims to be a helper to newbies, but they don't understand that charts have little to nothing to do with pennies. IMO he has probably caused many to lose money.
I like Money
THE WALL STREET JOURNAL posted it. GO BUY A COPY.
Letter they filled? That makes no sense.
If WC backs Gallant, their wholly owned subsidiary with 10-20 million in operational funding, you can just take a Zippo and burn the chart. I've seen some funny posts about Seinfeld being out of date...well the reruns have generated billions. And there is so much demographic targeting marketing technology available these days that they will easily be able to get their product into the right stores in the right neighborhoods. Not only that, they can franchise properly, and expland on that front as well. I think this is a gold mine.
Hey Zues, I think you're absolutely right. People aren't looking at it that way because WC created Gallant Brands (this my friend is the potentially EXPLOSIVE part of any upcoming PRs), and it confuses them. People have NO IDEA what dollar amount WC will roll into this wholly owned subsidiary, but my guess is it will be enough to excite the living hell out of every stock investor/trader with a pulse.
It's kind of like standing on the beach in the middle of a hurricane while holding a tide chart, telling everybody, "now according to my chart it says high tide doesn't come until 3 pm..." as massive waves are about to surge over the shoreline onto the streets and flood the downtown area.
Charts have zero to do with this situation.
Sporty, you are SOLID! Stay Wise and Strong throughout this event we are enduring here in FL.
Hidee Ho there fellow stock trader! Gee whiz looks like you had your thinking cap on.
Do some DD. Wealth Colony is not responsible for actions committed by previous management, it's in the Pacer Docs. If you're afraid, then don't buy it. Not everyone was born to make lots of money.
Well, it has been explained a few thousand times on here why they won't be canceled, but if that wasn't enough to convince you, then maybe you should read some of the law360 articles, especially the one in which the lawyer for the old management accused WC of trying to just pump the price of the stock. Or check out the WSJ article in which the writer arrogantly referred to WC as, "penny stock investors." Anyone with 2 brain cells can see what is going on here. SOUPQ loses the Q and the commons get a major pps boost. That's all you need to know, but thanks for your heartfelt concern. How thoughtful.
Fleets of Powerline Rigs are up on the Georgia Border heading south, the country is as ready as can be, Florida is supported. Go SOUPQ go away IRMA
Link to Jason Alexander's (George)'s SOUP stock ownership:
http://www.aimhighprofits.com/otc-stocks-soupman-inc-soup-no-soup-for-you
OTC Stocks: SoupMan, Inc. (SOUP) “No Soup For You?”
Most everyone who is investing in penny stocks today was alive on July 5, 1989. Imagine if you had invested $1,000 in Apple stock back then or in the top 10 penny stocks on that date. Imagine how many new penny stocks have listed since then and how many people who buy penny stocks have made millions since then. Al Yeganah is now a member of that penny stock list simply because that date was a moment in television history for a generation and for Al who eventually became famous for his “No Soup For You” quote since Soupman, Inc. (OTCBB: SOUP.OB) was the first penny stock to ever have a Super Bowl ad to promote their truly spectacular culinary selection. Seinfeld may have made Al Yeganeh famous by referring to him by a name which he never liked, but SOUP stock investors are about to have one of the hottest penny stocks in the food service industry. SOUP has just launched a new product line and is franchises are about to begin popping up in by one of the best franchisee’s in restaurant history.
On February 1, 2011, Soupman, Inc., parent company of the “Original SoupMan,” began trading on the OTC Bulletin Board. Although they never gave out penny stock advice during any episodes except the one involving Kramer, Newman and “The Sponge,” the Seinfeld finale aired to 76 million viewers in 1998, four years after Al opened his iconic restaurant on Eighth Avenue and 55th street. Few of the worldwide tourists, patrons or investors in the pennystock SOUP know that Al hated to be called the Soup Nazi. He is a shareholder in the public company but flies under the radar allowing the higher profiled celebrity investors like Reggie Jackson (“Mr. October”), Shaquille “Shaq” O’Neal (“Superman”) and Jason Alexander (“George Costanza”) to do the marketing for the best penny stock in the food service industry. After going public, SOUP.OB made sure to keep the original Soupman restaurant the exact same as it was when Al started it in 1984 and with the exact same rules which are in 8 languages on the wall.
HERE'S GEORGE:
It has been reported that Jason Alexander does own stock in SOUP, have not seen him listed on any form 4s for selling even after it was taken off the OTCQB.
http://www.gettyimages.com/detail/video/jason-alexander-on-loving-the-soup-at-the-original-news-footage/158585417
I can see a deal with Whole Foods/AMZN right away, the relationship is already somewhat established and it's a perfect alignment. Thanks for the good news. Watch out for the flying debris and floating gators...I'm on the First Coast and I'll be doing the same.
I expect SOUP to be fully reporting very soon. As far as a major exchange goes, WC may very well list that as a goal, but I have no information as to whether they will state that or not. The stock originally IPOed on OTCQB which has far more stringent guidelines than the regular OTC.
WC has a plan. Just look at two of the big companies in the same sector. It is not an exaggeration to say that soup is a multi billion dollar industry. Amazon just bought Whole Foods, and SOUPQ is carried by Amazon. Of course price has been an issue and WC is going to make this brand competitive. Lots of good things to look forward to here for those interested in taking a long term approach, as well as the short term.
I've always believed this was a great buy, but that WSJ article with the details about the text messages, and the obvious elitist viewpoint of calling WC "penny stock investors" tells me that WC has every intention of keeping the common shares intact.
Yeah WSJ is elitist and they look down on tough guys like the ones that run WC. And that should make you and everyone else that owns this stock very happy. WC is scrappy. They will turn SOUP into the great company that it was meant to be and when it's done, they might even send the snobby writer a fresh salmon wrapped in a copy of his paper.
Ever hear the expression "read between the lines?" I LOVE THIS WSJ ARTICLE...This is gonna be bigger than anyone thinks...I LOVE how those guys from Jersey played hard ball here with the texts...I MEAN I FREAKIN LOVE IT...and they won!!!these boys are STREET BRAWLERS and you are damn right the shares are staying intact...because they want CASH for their 51%....Im going out tonight, drinking martinis listening to a little Sinatra, might even have a cigar while listening to THAT THEME song from that HBO show about the family with the Dad that was into waste management, yeah BABY WE ARE GOING TO ROCK
Also you have to like that Wealth Colony was described as a "penny stock investor"...yeah, penny stock investors buy pennies to turn them into dollars...there's your news buddy
It will come, probably alongside the 8k. These guys seem to be on top of things so my best guess is sometime early next week. Not necessarily Monday. I think it takes about 2 days for filings to go through. Also, I imagine that they plan to keep in communication with shareholders, unlike the previous ownership.
You know what, thanks for the information, I will look at it. But you have a problem here with one of your posters. Do us all a favor and get this guy to stop, he's going to end up causing problems for you here.
This thing has had 2 trades all day. Out of consideration to others on this board I will hold back and not go into full detail. Keep doing what you are doing to other people and I will take the gloves off.
I like this headline
https://www.law360.com/articles/961487/soupman-ch-11-sale-gets-ok-with-buyer-now-acquiring-debt
Soupman Ch. 11 Sale Gets OK With Buyer Now Acquiring Debt
By Vince Sullivan
Law360, Wilmington (September 7, 2017, 6:23 PM EDT) -- The tumultuous sale process pursued by bankrupt food distributor The Original Soupman Inc. came to a close Thursday when a Delaware judge approved the sale to an affiliate of shareholder WealthColony Management Group LLC after it agreed to acquire $4.7 million of the debtor’s secured debt.
During a hearing in Wilmington, attorneys for Soupman described a global settlement that had been reached between the company, its post-petition lenders, its proposed buyer and secured creditor Hillair Capital Investments LP that addressed issues raised by the court last...
To make a simple analogy, it is the same as buying a bar that has 50 grand in debt. The only reason why you would agree to acquire the debt is because you have a plan to make a boatload of money on the deal. It would be the same as you making a deal with the creditor who the 50 grand is owed to. He does a background check on your financials and you pass the smell test, and you both agree that it is a great plan moving forward. You are going to clean the place up,operate more efficiently and you are going to make a profit and everyone is going to be better off. Also in this case the analogy would also have to involve one or two partners. They represent the common shares. You bought two of them out for a total of 51% but you have this other owner that doesn't see things your way. Did you buy up 51% of the ownership just to throw it away? I don't think so
I dig your style $SOUPQ
I can see why'd you would be interested in such a great lololol stock. But I just have one question, why do you need 2.2 BILLION SHARES? Are there more on the way? Or will those be dropped after the REVERSE SPLIT?
Key to Commons Staying Intact in 13d
They are listed as shared dispositive power 119,335,964 shares worth.
That power is shared amongst themselves, but also with the remaining holders of common shares, meaning us, since they are common shares. They just happen to have quite a lot of them.
I see they do hold 547,000 shares of sole voting rights, and those are preferred shares.
Yeah, here's the problem, when they do that, they have to offer compensation to the shareholders, and as all of us who have been following this on a daily basis are well aware of, this Judge is very concerned about fairness. In fact fairness to the stockholders was stipulated in the judgement.
Played HS football with a guy that got a full ride to UW where he played with Bledsoe...back then before he even got drafted I knew what a good guy he was so when the Pats got him I became a fan, then there's my born and raised better half...and her connections
You support the Pats? Always liked your horns now I really like them. GO PATS!
SOUP(Q) is no longer Bankrupt!!! This is HUGE...up we go! Somebody get Jim Cramer on the horn!
Amazon just bought Whole Foods and as we all know Amazon sells SOUP but the price point is an issue. However under new leadership that issue will be resolved and I foresee SOUP becoming a staple at every Whole Foods in the country. Big winner here.
NYT CNBC article and it's stratosphere time
Just get in your DeLorean and hit 88 mph
GRAND SLAM!!!! Look at this:
For anyone worried about legal definition of stockholder:
https://www.accountingtools.com/articles/what-is-the-difference-between-a-stockholder-and-a-sharehold.html
Yes Sir THIS IS GOLD wait till the news picks this one up.