NEW YORK, Sept. 17, 2015 (GLOBE NEWSWIRE) -- Soupman Inc., (OTCQB:SOUP) is pleased to announce that it has commenced trading on OTCQB®, the venture market for entrepreneurial and development stage companies. OTC Markets Group announced today SoupMan Inc. (OTCQB:SOUP) has been verified for trading on OTCQB, effective September 17, 2015.
The OTCQB venture marketplace offers investors transparent trading in entrepreneurial and development stage U.S. and international companies. Beginning on March 26, 2014, OTCQB companies began to be required to meet more stringent standards and eligibility requirements. To be eligible for OTCQB, companies must meet a minimum of bid price test, be current in their reporting and undergo a new annual verification and management certification process designed to improve the information available to investors.
Jamie Karson, CEO and Chairman of Board stated, "The upgrade to OTCQB is a significant milestone which provides another level of transparency to our investors, and has been one of my main focuses since joining The Original SoupMan team. This should also provide further liquidity for our shareholders."
About SoupMan Inc. (OTCQB:SOUP)
In 1984, The Original SoupMan® opened its doors at 55th Street & 8th Avenue in Manhattan and quickly became a worldwide destination. Rated #1 by Zagat and praised by the New York Times as "Art, not Soup," it set the standard for innovation and excellence long before the famous "Seinfeld" episode made it a cultural icon. We sell soup across America in Tetra Pak cartons in grocery stores next to Campbell's and Progresso as well as in our franchise restaurants, soupmobiles and foodservices. Jamieson Karson is our CEO and Chairman of the Board. Shaquille O'Neal is an advisor and equity partner, as are Mr. October, Reggie Jackson and the award-winning actor, Jason Alexander. Soupman Inc., is a fully reporting public company trading under the symbol SOUP. For additional information on our company please visit: www.originalsoupman.com Follow us on Twitter @OriginalSoupMan, TheOriginalSoupMan on Instagram and "Like" us on Facebook.
Safe Harbor Statement:
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates", "expects", "intends", "plans", "believes", "seeks", "estimates" or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include statements regarding our ability to provide further liquidity for our shareholders and the expected benefits of our up-listing to the OTCQB. All forward-looking statements in this press release are made as of the date of this press release, and the Company assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements, such as our ability to increase the volume and trading of our stock by up-listing to the OTCQB, our ability to grow our brand, our business, and otherwise implement our marketing plan, including raise necessary capital, and the risk factors discussed in the Business and Management's Discussion and Analysis sections in our Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K. Copies of these filings are available at www.originalsoupman.com.
CONTACT: For More Information or Interviews Contact Diane Lilli Bender Group PR 973.744.0707 Diane.Lilli@BenderGrouppr.com