SoOum Corp. (fka SOUM)

[okwife]

SOUM will not be allowed to do a reverse split. imo. also they don't know if they want to do a 500 old for 1 new or 1000 old for 1 new reverse split. finra won't ok a rs for a r/m unless it is valued over $5million usd. is this co. worth $5m ?http://www.tradeboss.com/default.cgi/action/viewtradeleads/
what co. worth $5m would want to hook themselves up with this failed sooum co. that is a habitual r/s fake scam co. operated by crooks?

The Actions will be effective 20 days from the mailing of this Information Statement, which is expected to take place on April 16, 2018, and such Actions will result in the following:



1.) The Articles of Incorporation will be amended to create a one for 1000 reverse split of the Common Stock. The common and preferred shares will have a par value of $.0001 per share. The preferred shares are blank check preferred and they may be issued with the preferences determined by the board of directors.



2.) Each five hundred shares of common stock outstanding will be converted into one share of common stock of the Company.

The Plan of Recapitalization provides for the mandatory exchange of shares from the current common stock to new common stock representing one-five hundredth (1/1000 th ) of the previous number of shares held. We urge you to follow the instructions set forth in the attached Information Statement under “Approval of a Plan of Recapitalization and the Amendment of the Company’s Article of Incorporation to Provide for a Reverse Stock Split”.