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soup liquidate llc fka soupman inc is on the court docs... click on the link and read it
no
States Trustee's (302-573-6491).
1. Debtor's full name Soup Liquidation LLC
2. All other names used in
the last 8 years
fka The Original Soupman, Inc.
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, 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.
as i stated many times before the law does not require a majority shareholder vote if the transaction is in the best interest of shareholders... if the boys running this show thought they could not come to a deal with the old soup croneys they would have done the hostile takeover... was not needed.
correct, shareholders will not receive any distributions from the company in bankruptcy... who would think that the old bankrupt owners were going to be handing out money?
our payout will come from Gallant dba Soupman Inc after the treasurer sells the ticker to them during the distribution of assets.
The bankrupt estate does have control over it, until it is transferred to Gallant dba Soupman
excellent post! Thanks
I did find this on facebook...
Original SoupMan Yes, we live! Better than we’ve ever been.
LikeShow more reactions · Reply · 2 · November 10 at 7:38am
Manage
Tony Wesolowsky
Tony Wesolowsky so, the company lives?
LikeShow more reactions · Reply · November 10 at 7:10am
me neither
link please
that is not new information. that is not wrong information. They do not and should not have anything to do with the shares until after the chapter 7 is discharged, then the trustee for the bankruptcy will handle the assets. Stock is an asset. Who might be interested in the stock?
Read the documents from the court, there was an agreement between soup llc and WC / Gallant ...
why are those people asking for compensation from soup while they are in bankruptcy? tax deductions for their losses?
#JoeKnowsStock is going to pay longterm shareholders thanks with dividends... imo
wait and see
nice post
looks green to me
their not there
After the debt is discharged, saved shares will be announced.
Docket # 226
Filed Dec 07 2017
Final Application for Compensation (and Combined Third Monthly) and Reimbursement of Expenses as Counsel to the Debtors for the period from August 1, 2017 to October 31, 2017 (combined monthly) and for the period from June 13, 2017 to October 31, 2017 (final) Filed by Polsinelli PC. Hearing scheduled for 1/18/2018 at 11:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #2, Wilmington, Delaware. Objections due by 12/28/2017. (Attachments: # (1) Notice # (2) Exhibit A-B) (Ward, Christopher) Less
Debtor: 17-11313 Soup Liquidation LLC
now does anyone see why WC wanted the old guys to get all debts cleared in chapter 7 before they acquire the stock... watch what the trustee does with the shares... this is getting good!
with the news of former CFO breaking yesterday, today would be a great day for a positive pr... aside from the fact that the CFO was replaced with much more talented board members lol
GO SOUP!!! today is the day!!!
They are private right now, just give it a few more days...
Makes sense to purchase the other company and take it public with soupq shares, can't wait for this news to pop!
The Original Soupman continues to grow its current business model in both foodservice and retail including expansion of the product line into broth’s, clean label and healthy soups.
Additionally Island Fresh will offer marketing support and will wrap their fleet of trucks and vans with The Original Soupman Brand creating further branding exposure. This combined with the Original Soupman refreshed website, e-commerce capabilities and overall social, digital and marketing support will ensure rapid awareness and company growth.
“We are ecstatic to expand our business in cooperation with Island Fresh,” says Joseph Hagan, President of The Original Soupman. “The alliance will set the Original Soupman on fire in ensuring rapid growth with our combined expertise to truly live our motto, “Soupman-Soup For All™”
“This is just an incredible win-win, and a match made in heaven,” says Michael DeVito of Island Fresh. “Our combined forces will help us bring soups to many more Original Soupman fans, and we expect to grow our company exponentially and in a timely manner.”
Recently, The Original Soupman announced it had formed a New Management Team /Board of Advisors to provide a high level strategic and tactical plan as the company continues to unleash the colossal value in the amazing Original Soupman brand and company.
Last chance before the news comes out...
Docket # 198
Filed Sep 13 2017
Transcript regarding Hearing Held 09/07/2017 RE: Omnibus Hearing. Remote electronic access to the transcript is restricted until 12/12/2017. The transcript may be viewed at the Bankruptcy Court Clerk's Office. [For information about how to contact the transcriber, call the Clerk's Office] or [Contact the Court Reporter/Transcriber, Reliable, at telephone number: 302-654-8080.] Notice of Intent to Request Redaction Deadline Due By 9/20/201... More
Debtor: 17-11313 Soup Liquidation LLC
Related 183, 186, 188
Tomorrow secure hearing minutes will be unrestricted.... now is the time to buy!!!
3 Days until restricted hearing minutes are released to the public... hope all the longs have big bags to hold all the $
Gallant isn't bankrupt, they're loaded and gonna share the wealth as a thank you to long term shareholders? did you not read hagans first post on the old website?
true, private now, will re-enter and be public, shares will be saved! thx for posting! Go Soup!!!
hearing minutes unrestricted as of Monday per Judge's order...announcement on the horizon, I smell dividends for longs= $$$$$
I smell dividends coming... cold hard cash!
right, what did those say again?
5 more days until super secret hearing minutes are released.
yeah maybe their shares... not ours
Hillarious! Tell em Skinny
why do you people think that the asset purchase agreement would spell that out and give everyone information about deal, impacting the value of an asset which is part of a transaction that has yet to be completed?
Does not work that way, you did read where it says nobody should say anything to impact the share price right?
Do you think releasing information in an asset purchase agreement that is made public would influence the share price?
Just be patient-
I posted about this already... they cannot, would not, and should not take the stock until the original owners file chpt 7 and it is discharged otherwise they take on the liability ...
wait, 6 more days...
for now, yes excluded... after the discharge of all debts, INCLUDED IN A BIG WAY
false
so soupman either owns majority of the shares, or the asset purchase is in the best interest of shareholders... otherwise, not allowed without a vote... that is the rules, in black and white-
How can nobody else see this???
On September 7, 2017, the Court entered an Order Authorizing (A) the Sale of Substantially all of the Debtors Assets Free and Clear of all Liens, Claims, Rights, Interests and Encumbrances; (B) the Debtors to Enter into and Perform Their Obligations under the Asset Purchase Agreement; and (C) the Debtors to Assume and Assign Certain Executory Contracts and Unexpired Leases [Docket No. 191] (the “Sale Order”) authorizing, among other things, the
sale of substantially all of the Debtors’ assets. The sale closed on September 8, 2017.
Docket # 198
Filed Sep 13 2017
Transcript regarding Hearing Held 09/07/2017 RE: Omnibus Hearing. Remote electronic access to the transcript is restricted until 12/12/2017. The transcript may be viewed at the Bankruptcy Court Clerk's Office. [For information about how to contact the transcriber, call the Clerk's Office] or [Contact the Court Reporter/Transcriber, Reliable, at telephone number: 302-654-8080.] Notice of Intent to Request Redaction Deadline Due By 9/20/201... More
Debtor: 17-11313 Soup Liquidation LLC
Related 183, 186, 188