InvestorsHub Logo

OMMB

10/19/17 2:08 PM

#17616 RE: lp555sss #17602

They didn't make millions pumping it and it wasn't a criminal PR. This whole time you haven't paid attention to the basic advice of people on this board.

Wishful Thinkers - "WHY WOULD THEY THROW AWAY THEIR SHARES IN SOUPQ? THEY MUST BE GIVING THE COMPANY TO SOUPQ SHAREHOLDERS. THAT"S THE ONLY LOGICAL THING TO DO!"

Why would they abandon their shares in SOUPQ? They would do this because they bought ALL of its assets and own 100% of the fundamental business. Every share they hand over to SOUPQ shareholders would result in them, as a whole, owning less of the final company, since they only own 50% of SOUPQ shares (or 41%, who knows).

It's so simple. They bought shares of SOUPQ and tried to turn the company around by influencing the board. Didn't work. They then went with option B and bought all of the assets in the bankruptcy hearing, abandoning their original investment.

SOUPQ is a shell and doesn't own any soup, soup trademarks, ladles, pots, pans, lobster, salt, peppa, or any heavy D up in the limousine.