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You are very correct millions. In excluded assets everything revolves around employee benefits and the shares mentioned are the ones owned by the old employees and by no means feeders to them as the commons as a whole. Of coarse they will be worthless to the old employees because they didn't pay their bills and the trustee will yank them and any other benefits they may have in order to pay some of the bills. Remember, the 13d and the chapter 7 both state that WC owns Soupman Inc. (the cooperation in which the ticker is registered under) and the 8k that was put out by the old company was not accepted by the sec and was thrown in the trash where it belongs. Go soupq
Can't pm my friend but to answer your question it's gonna take a sec filing to clear the air and get this going. It's got quiet here too so some know something. We have a good stock here but it's definitely one that takes patience. Go soupq
Should be getting about time to be hearing something SEC related. It's been 3 months since the last REAL report. I wouldn't mind seeing something financial to see where Gallant is going to take Soupman Inc. in the future. The potential is there and they seem to be trying to maximize several different angles to grow quick. Go soupq
It's beyond me why there is still a connection trying to be made between soupman Inc. (the company that controls the ticker) and soup liquidation LLC (the leftover guys that sold the ticker) when the first paragraph of the chapter 7 petition clearly states that they are not affiliated, hence the name change. Oh well, doesn't matter to me because it hasn't and won't affect this ticker that isn't bankrupt at all and as of 9/08 doesn't even have any debt. That's the reason it's still and will continue trading.As far as the soup liquidation boys, now that's a different story. they didn't pay their bills. Go soupq
Sure it does. They just called us loyal investors which is the same thing. If you are a shareholder than that makes you an investor. It's that simple. Read the 13d and it will explain which investors and which public company they own shares in. Go soupq
Sure got quiet here in soupq land. Soup must just about be ready. Let's eat!
The shares that got dumped that day were the very shares we've discussed in excluded assets under letter (h). Under the NDA set forth by the judge, both parties had to agree to that or. Those shares are the perfect and only reason that the old disgruntled employees would even consider it. WC being the reporting entity would have had to have a form 4 that never showed up and that's the only other place that kind of volume could have came from. Go soupq
Good afternoon Ip. Read your post but have to disagree this time. The SEC has nothing to do with a private company. If soup had gone private after the purchase everything would have ended on 9/12 when Karson said he sold eveything and wasn't the man anymore and WC was, all in the form of an 8k.
The ticker didn't hault because the very next day WC claimed undisputed ownership of the public company in the form of a 13d. That 13d would not or could not even exist if WC had taken Soupman private. Remember, WC owns tons of shares and according to the SEC they are the owners and reporting entity of a very public SOUP. There is no "saving the commons" because according to the 13d, asset purchase agreement, and the first paragraph of the chapter 7 conversion, WC did indeed get the ticker too. We are just waiting on the NDA agreement to be nullified.
Let's nip the latest 8k attack in the bud before it happens. I'm speaking of the one the old crew thought they had to throw out there to stir the pot. The reason it didn't make the cut is because according to the 13d they weren't the reporting entity anymore. Bummer. Thats why it's not posted with the SEC news and instead is with the meaningless section of news right above the fairways rubbish that doesn't even pertain to this ticker. That's how relevant that 8k is.
Now let's take care of the but but but chapter 7 and debt ridden shell bla bla bla mumbo jumbo broken record stuff. It's simple enough. The first and the only real paragraph talks about the fact that WC paid off all the company debt which brought it out of chapter 11 and bought everything. The next sentences, basically say hey, we sold everything but in the deal we were such jerks about it that WC wouldn't pay the lawyer we hired to screw them. Problem is, were broke and can't pay him either. Since WC owns Soupman Inc, and they aren't bankrupt anymore can we come up with a different name and convert this petition to a chapter 7 and get this lawyer off you back and get on out of the picture because joined paying us to be here anymore and it's holding up the show. Judge said ok since it didn't affect the original petitioners of chapter 11. In other words if it was soupman Inc. the public company going through chapter 7 liquidation it would say just that with no need of a name change. Instead, it's a couple of leftover cooperate employees that named their selves soup liquidation LLC in order to file chapter 7 and get themselves out of an empty office. It just may satisfy the NDA though. Go soupq and have a real nice day.
That's exactly what it is million. Keep trying though. When the chit chat starts here in a little bit some rookie will get scared and sell a few.feut stay by your button because the people telling you not to buy them, are. Go SOUP q.
I did look that up a dozen times and it still doesn't say that in excluded assets. Instead the excluded assets mainly focus on cooperate employee personal benefits and assets. The only reference at all to common stock in the excluded assets is where the SHARES OF common stock owned by employees was excluded. Thanks has a totally different meaning that all common stock ass you put I if you doubt me just take a look, it's letter (h) under excluded assets. M question then is why would they want to keep heir shares to a worthless ticker that just doesn't add up as per the cancelation theories here on this board. Go SOUP q and glta
Thought it would be best to give it another try to clear up a very important thing regarding the common stock in the asset purchase agreement. Under excluded assets letter (h), which is the only place the common stock is mentioned, it doesn't say all common stock is excluded as has been being said, it says all SHARES OF common stock are excluded. In the paragraph above they are referring to what the employees are retaining in the agreement. Since it does not say all common stock then that means the common stock was not excluded in the purchase agreement. If it was, then why would the old employees want to retain their shares of common stock. As per the asset purchase agreement and the last 13d the common stock is and has always been safe from any chapter 7 or ridiculous assumptions of being wiped out. Go SOUP(q).
You should be right about that. The only reason we heard about the petition for chapter 7 in the first place was because justdafacts dug it up. According to the sec it's irrelevant or they would have mentioned it long before he did. Go SOUP(q).
Very discouraging I must say. I'm waiting to see what gets posted with the sec to see the authenticity of all that. The fake news has been flying around here slot and at this point sec posting is all I trust.
Exactly right sir. That's what I've been telling you all along. We have to be informed legally of relevant issues. Your legal notice of change of ownership was posted in the form of the 13d that came out on 09/13/2017. What we haven't been notified legally of is any of the things being discussed on this board about SOUP(q) shares being affected by the chapter 11 conversion to chapter 7 because it deals only with the leftover irrelevant issues of the old corporate staff and will in no way affect the trading of this stock. So relax, its all being done legally.
WC would have been better off paying the personal bills of the leftover soup liquidation LLC folks as well. These guys are slower at liquidating and getting out of the picture than they were at trying to stiff everybody and causing this mess.
Also, under that same document, the chapter 7 conversion would have to be filed through the sec if it had any relevance to the outcome of the ticker.
You've got to spend money to make money and soup(q) has proven to me several times that it is the place to practice that philosophy. Join in sir, making money is fun. Go soup(q).
Any black Friday sales on SOUP(q) shares this morning? I feel like adding to my position.
Hope you decide to drums. The employees of a soupman couldn't be better judges of how stable or unstable the vibe is. Happy Thanksgiving to you sir.
You know mega, it might have been someone like me that simply looked in the top right hand corner of the 2 8ks and 3 13ds where it says stock: no'soupq (soup) and realized that according to the sec the q was removed when wc brought soupman Inc. out of chapter 11. The big mystery to me is why this chapter 7 issue isnt in the form of an 8k as the sec would require if it had any relevance to this stock. Any answers to that.
It aint no thing money, these guys are to easy to read. Theyve been living on borrowed time for a while now. Hagans revenge aint gonna be pretty for the short guys.
Hey money, do you think the liquidation process has to be completed before we hear news either way, or if were good, can we hear something prior to that.
Great, you coming to lunch too?
Far out. Youre invited to lunch too.
When it comes full circle so bad that even you are pointing out things to support that Hagan has the ticker dont you think that its time to form one team and say quit wasting our time for both sides. Either cancell it or run with it. Someone owes both sides at least that much.
I sure hope something gives one way or the other money. This quarter of a penny movement every day is getting old. Im saying its sh$t or get off the pot time. Forget the money, im starting to focus on the amount of time that everyone here has wasted arguing about the same thing and then arguing about it again and the pps staying basically still. Win or lose, just do something.
Hey ip, this is my last post but wanted to give you a little info that I ran into yesterday. Maybe you can do better with it because i am a bit computer illiterate. I was surfing finras daily lists yesterda and couldnt find soup or soupq in the lists of cancellations or, get ready, bancruptcy. I only went from june 1rst to present. I couldnt find it in symbol changes either but im hoping that because i couldnt find it in bancruptcy that maybe it wont be long to find it in symbol changes without the q. Remember EVERYBODY. Me not finding it in no way means that it isnt there.
Not without a fight anyway.
The 13d doest state a percentage of ownership, it states ownership with common stock and soupman inc. At the very top. Does that info help you short this stock.
They wont answer that because that information doesnt help them short this stock.
Its clear to me but I expect you to say otherwise because if you dont it doesnt help you short this stock.
And if someone didnt read the 13d they would believe everthing you just posted and sell their shares so you could short this stock.
Unless that chapter 7 is the result of losing control of the ticker as is the case here. Chase the people that dont know that to short this stock.
Stock market lesson number one.
He who owns more than half the shares in any ticker owns control of that ticker.
I hope you have a good trip and nice winter. I live year round on the gulf coast. Expecting 90 degrees this weekend.
Anyway money, I have to say that I have never agreed with the reverse merger issue, at least not at this time. I believe all that is gonna happen already did. When WC did the takeover of the stock and then bought all the assetts to go with it, that made the ticker safe and able to trade just the way it is and always was. In short i dont see the need for a reverse merger when nothing changed with SOUP(q) but who controls it. Of coarse that is just my opinion.
Mornin money,
Dont take it personal. Theyre just doing their job and doing it quite well I must say. Alot of traders dont do their own dd and actually buy or sell according to what they read on this board making them easy targets with things like false 8ks and relevance of chapter 7 bankruptcies. Us longs that have been here since the beginning and did our own dd know that the ticker was the first thing that was taken control of and the assetts were then puchased to go along with it. Of coarse if those lazier traders knew that, these guys wouldnt have much luck shorting the stock. Since their are traders that simply buy and sell off the word of this board it is quite easy for shorters to come up with false 8ks and use inevitable chapter 7 bankruptcies to divert attention from the 13d thats says it all. I must say that it seems to be working quite well for them and the naive traders that wont do their own dd only have theirselves to blame.
Once again, they did on 9/28. If that pr were to come out today would everyone be happy and accept it. If so, whats the problem accepting it now.
PR OUT...
POSTED LINK AT THE TOP OF THIS PAGE. BEEN THERE ABOUT A MONTH. LETS TAKE IT AND RUN.
Thanks bro, I cant seem to get a post up that doesnt get deleted this morning. Weve always been good here so lets run with it. Go SOUP(q)
Thats Karson in the 8k not hagan