SoOum Corp. (fka SOUM)

[bucks2pennies]

rumors floating around to the effect that SEC is tightening rules on how company can use A/S to dilute (attain financing through issuing shares).

If true, company must have secure 'upfront' cash on deposit before being able to issue new shares. Applies to Pinkyland too!!

If true, that would put a BIG crimp on company's use of this avenue for a piggy bank financed by unsuspecting investors AND curtail R/S on a whim.

Companies like SOUM would have to secure more outlying financing sources and limit use of issuing new shares.

Could this be true? Would work for me!