Replies to post #54111 on SoOum Corp. (fka SOUM)

[iSmellCrickets]

First off the last RS was done specifically stated as a means to gain more control over C shares, as too many shareholders were holding too many shares for the company to stay liquid, aka get financing from utilizing the power handed to them with the authorized.

So they did a huge split, now as time has gone by, they'll be following through with what they stated they extinguished shareholders stake, and have more shares to play with. Now, it's close to time again to return even more shares into company hands, for larger moves.

With the 6 digit trading going on , many times that is a pure sign within 2-6 months there will be a reverse split.

You can't sell debentures without enough shares in the treasury to fulfill the loan requirements.