Replies to post #105 on SoOum Corp. (fka SOUM)

[janice shell]

Well, this is the official definition. I doubt it has anything to do with reality, where this stock's concerned:

deed of assignment

Definitions (2)
1. Agreement under which some or all assets of an insolvent debtor are assigned to a trustee, for selling them and distributing the sale proceeds equitably among the creditors.

2. Assignment of a part of the proceeds of a letter of credit by its beneficiary (usually an exporter or seller) to the manufacturer or producer (of the goods being exported or sold) as a guaranty of payment for those goods. Also called letter of assignment.