They are bidding on approx. 30 U.S. government contracts. Currently the U.S.Export-Import banks authority expired. Small Foreign business cannot get government loans to buy U.S. products. Sooums government contracts Im sure have been put on hold because of this. No wonder there has been no word from them on those contracts. I bet most of those contracts are for foreign buyers. If you go to sooum Facebook web page. They are following the Export-Import Bank. Now if this was not Important to them... Why would Sooum be following them on their facebook page.
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.