Soupman Inc. (fka SOUPQ)

[Millions242]

Agree with the Reverse Merger. A reverse merger happens when a publicly trading company merges with a private company and the private company survives, occupying and operating in the publicly traded company's legal shell.
The only way one lose is to sell. That is why Joe Hagan has NOT sold not one share. Liquid Gold.

Don't forget: Gallant Brands Purchases Soupman Inc. Out Of Bankruptcy

Gallant Brands Inc. (GBI) has acquired the assets of Soupman Inc. from bankruptcy, eliminating more than $11 million in debt and trade liabilities. Soupman Inc., owner of The Original Soupman brand, now has a clean balance sheet and a new management team, according to the Sept. 28 announcement.

https://www.theshelbyreport.com/2017/10/16/gallant-brands-soupman/

Benefits of a Reverse Merger
In most cases, a reverse merger is solely a mechanism to convert a private company into a public entity without the need to appoint an investment bank or to raise capital. Instead, the company aims to realize any inherent benefits of becoming a publicly listed company, including enjoying greater liquidity.

There may also be an opportunity to take advantage of greater flexibility with alternative financing options when operating as a public company.

The reverse merger process is also usually less dependent on market conditions. If a company has spent months preparing a proposed offering through traditional IPO channels and the market conditions become unfavorable, it can prevent the process from being completed. The result is a lot of wasted time and effort. By comparison, a reverse merger minimizes the risk, as the company is not as reliant on raising capital

https://www.investopedia.com/ask/answers/08/reverse-merger-ipo.asp