SoOum Corp. (fka SOUM)

[A Few Pennies]

I'm talking about the way the deal is structured, not the share structure.

As for the share structure, a maxed out O/S is a major red flag. That means they must issue new shares (dilute) in order to raise more money. If the A/S is maxed out then there is no more money to raise from common stock so bagholders will sell stock down to .0001. It never fails, the only value here is in owning the preferred stock.