Replies to post #4717 on Soupman Inc. (fka SOUPQ)

[DarkPool]

Re: 2dollarbill Post# 4385
HERE ARE THE RESTRUCTURE PLANS THAT WEALTH COLONY WANTS TO IMPLEMENT. THIS WILL AVOID BANKRUPTCY.

Restructuring
Phase I ? WealthColony Management Group, LLC will work with other interested parties to establish and fund a new company (“Newco”) which will acquire all
bulk wholesale (i.e., non-tetra/grocery) rights from the Issuer to manufacture and sell Soupman products, including sales to franchisees, convenience
stores, national restaurant chains, retail merchants and food truck/carts for $1,000,000.

?The proceeds from the sale of the bulk wholesale rights will be used to stabilize operations, including creditor relationships, order fulfillment and other
operational matters during the Transition Period.


Phase II ? Newco obtains additional financing and restarts bulk production and pays royalties to the Issuer on Newco sales. ? Newco embarks on plan to refinance/replace existing creditors on more favorable terms.
WealthColony Management Group, LLC advised that in formulating its proposal, it took into account that the Issuer’s SEC filings indicate that the Issuer
has generated no revenues from the bulk sale of soup to franchisees during the last twelve months, and that its proposal provides the Issuer with an opportunity to
monetize a neglected asset and help protect brand quality which is risked when franchisees acquire soup from third parties.
The letter further advised the Board that WealthColony Management Group, LLC reserves the right to pursue all other options to protect the Limited Partnership’s
investment in the Issuer, including, but not limited to, seeking to change the composition of the Issuer’s Board of Directors.
Replies:



Report TOS

[sorc92]

They already bought at least 51% of the commons .

[the third leg]

Mate they own 51% of the commons, same damn shares I own. Please use common sense

[jlee3]

except wealth colony already bought and OWN 51% of the stock, common shares

[Liquid1974]

They are a shareholder that holds 51% of the commons its in their best interest. Wouldn't it be yours?... SOUPQ

[the third leg]

One way only this makes it worth while for the hedge fund, one way only

Run the pps over 2.00 in 2018 and make another 200 million dollars. It should cost them under 10 million when it's all done.

Cost of shares, new management, advertising, overhead of operations, etc etc etc.