SoOum Corp (SOUM) CEO Pens Letter to Shareholders Laying out Intentions for 2018
NEW YORK , Jan. 16, 2018 (GLOBE NEWSWIRE) -- SoOum Corp. (OTCPINK:SOUM) (SoOum or the Company), a Physical Commodities Arbitrage Trading company offering a web-based International Trade platform, SoOum.com, released a Letter from the CEO, as follows:
Dear Shareholders and Friends of SoOum :
I am personally very excited about this year ahead of us, and heres why.
First and foremost, I am pleased to say that we are on a solid financial footing, as all SEC filings are current, and we have a solid plan to get our next report (10K) completed well ahead of schedule.
Second, our business model is attracting a larger and more diverse number of Investors interested in SoOum , which we hope will pave the way for better financing and capital raising opportunities. In fact as I write to you now, we are analyzing and choosing our pathways carefully and performing our due diligence and cost/benefit analysis for capital investments.
Third, our team is truly coming together. Through the formation of our advisory board, and other additions to our personnel, we have been fortunate enough to have gained valuable and experienced professionals in multiple business disciplines that we hope will enable SoOum to grow quickly and efficiently.
We are committed in 2018 to fully engage a robust campaign to bring in as many new subscribers as possible. We also have a solid plan for converting our free members to paid members, while signing up new members as well. To that point, a large portion of our focus will be to expand our membership with intentions of a healthy and long term revenue stream.
As of today our platform contains over 47,000 importers, exporters, and traders for our growing membership to leverage, as we continually develop the flow and functionality of the system. Our new platform allows paid members to earn commissions on these transactions, and our shareholders are beginning to see the growth and value in our company that we have been working so hard to establish over the past year.
Furthermore, I am happy to say we have received a warm welcome from the international trade community, and the initial review of our platform has been strong.
We are also in discussions with other trade firms on simply partnering to bring new revenue to both our organizations and combining our expertise and involvement, not only regarding commodities, but with international payments/banking and data security as well. With that being said, we are working on integrating blockchain technology to offer a secure means of transacting for our users.
With regards to cryptocurrency, our platform already provides a payment method for commodities via the major currencies, along with some cryptocurrencies supported, as well.
In conclusion, great opportunities lie ahead of us in 2018. Our new marketing team is fully committed to the expansion of our platform, as well as increasing exposure of our brand. Our business model will allow us to pursue more than one revenue stream, and even though there will be challenges to face in 2018, all of our efforts are focused on one thing, our Mission; to fight global scarcity.
Thank you for your continued support in our Mission.
Sincerely;
/s/
William Westbrook Chairman and Chief Executive Officer SoOum Corp.
