InvestorsHub Logo
Followers 28
Posts 711
Boards Moderated 0
Alias Born 01/31/2005

Re: None

Saturday, 10/14/2017 11:11:56 AM

Saturday, October 14, 2017 11:11:56 AM

Post# of 21990
If the current shares of SOUPQ are going to be canceled and the company no longer a corporation but an LLC (with no shareholders), then would it not behoove Wealthcolony to dump all their shares on the market now while us small shareholders know nothing, in order to get the most out of those shares that they can before they go *poof*? And would that not account for the billions of shares trading since Sept 7th? And if they did this, would it not be a good idea to spread rumors that GBI is going to reverse merge into the old Original Soupman?

We shareholders who are of little consequence in the larger scheme of things are at an extreme disadvantage because we do not know what the end game is going to be, while Wealthcolony being the largest shareholder AND the buyer, has the opportunity to cover the cost of buying the company's assets by selling their shares.

This is just me thinking. I'm not trying to bash or cause a stir but it is most certainly a possibility unless they are barred from selling those shares.

I know the judge had some reservations because of this very possibility when Wealthcolony submitted the POA agreement for approval the first time. Normally the sale of the assets to Wealthcolony would not be allowed for this very reason, but Wealthcolony and Hillibird (sp?) resubmitted the POA agreement with changes that satisfied him. Do we know what those changes were?

Note: If there is a problem with anything I post, please be kind enough to drop me a private message and let me know what it is so that I can correct anything that violates this board's rules.

Join InvestorsHub

Join the InvestorsHub Community

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.