Replies to post #325 on Soupman Inc. (fka SOUPQ)

[uncleremus]

I thought wealth Colony had 41.8% of the common stock....where did you get that number? With the 31 million shares that have signed consent they can take over the board and get Karson out. This is the only way for common shareholders to avoid getting wiped out but it's not clear how the judge is going to rule. If WC can demonstrate a path forward with an arrangement with their secured creditors the judge can vacate the chapter 11 filing and the DIP financing which she is on record as to have questioned.