NEW YORK, Nov. 14, 2017 (GLOBE NEWSWIRE) -- SoOum Corp. (OTCPink:SOUMD) (OTCPINK:SOUM) (“SoOum” or the “Company”), a Physical Commodities Arbitrage Trading company offering a web-based International Trade platform, SoOum.com, released a Letter to Shareholders detailing the Company's newly rebuilt International Trade Platform, as follows:
Let me begin by saying how grateful I am for being part of such a magnificent group of visionaries and achievers.
SoOum’s mission provides the company with multifaceted avenues in reaching its goals. This was engineered from the beginning with the core mission of addressing shortages and minimizing global scarcity.
SoOum had to navigate many different paths in order to progress toward this mission, but has always stayed true to both the humanitarian and value-building elements that emerge from the mission itself.
Since the beginning, the Company has been able to build supply chains, introduce International marketing and promotion to frontier marketplaces, gather suppliers worldwide, and partner with or acquire other businesses. Yet, the overall goal of the Company has always been to find the most productive ways to address shortages and minimize global scarcity. That being said, this path has been straight at times and winding at others. But one thing is certain: We have always kept our eyes on the prize. With this optimistic spirit, we have built, and we will continue to build.
Presently, we are focused on building a subscription-based virtual system (SoOum.com) that operates globally 24/7, matching importers with exporters and provides a clear trading pathway for International Traders. It employs over a decade of data gathered by the SoOum team and includes intelligence gleaned from the best databases across the world. This system is sufficiently dynamic so that each of its subscribers have flexible pathways to a relatively quick physical commodity trade.
Unlike other international trade databases, ours is not just another global "Yellow Pages"; it is a complete live trading platform. Because SoOum.com provides the ease and ability to accommodate a live trade transaction from start to finish, we truly are on an effectual path toward making a sizable impact on scarcity in the world while driving value to our Shareholders.
During this past quarter (and year) we have worked hard, even in the face of tough market conditions, to build and launch our online 24/7 global trading of physical commodities. Now we are happy to report that it is in full operation and ready to be introduced to the world.
The world can join us in different ways, such as becoming an exporter, importer, freight forwarder, spread investor, or trader within our system.
We have made our system so simple that international trade can be done on the move, from your phone, your home computer, or even at the office. Trade can now happen while you travel, while you vacation, and while you attend family and social events. This is a system that you take with you wherever you may go, all the while addressing scarcity through SoOum as well as making a living for yourself and your family.
This systems technology does the heavy lifting, while providing you the opportunity to be flexible as you multitask.
We are making it our focal point to not become a global “Yellow Pages” nor a supply chain builder, but a gap filler. This will ensure our subscribers make money while fulfilling a magnificent global duty to minimize global scarcity.
The power of our system, simply, will be its functionality, alongside our commitment to build upon our subscribers’ feedback as to what works and what needs enhancement, enabling viral growth through continual flow of interactions among members and SoOum, and an “it works” message that speaks for itself.
Going forward, I greatly anticipate the sharing of SoOum’s successes and advances with our shareholders and friends.
Thank you for your support, and I look forward to seeing you on the trail.
Chairman and Chief Executive Officer
About SoOum Corp
SoOum Corp is a publicly held (OTCPink:SOUMD) Physical Commodities International Trading firm. Specializing in arbitrage based transactions of Physical Commodities, as well as offering a web based International Trading Platform- www.sooum.com.
For more information regarding this press release please contact SoOum Corp Investor relations - firstname.lastname@example.org
Cautionary Note Regarding Forward-Looking Statements in this press release regarding the Company’s business which are not historical facts are “ forward-looking statements” that involve some risks and uncertainties. The Company cautions that various factors, including the factors described under the caption forward-looking statements in the Company’s annual report on Form 10-K, could cause actual results to differ materially from the statements contained herein. These factors include the following: business conditions and volatility in the commodities market, and the general economy; competitive factors including compressed gross profit margins; shifts in market demand; product availability; reliance on key customers; fluctuations in foreign currency exchange rates; income tax legislation; and the risk factors listed from time to time in the Company’s reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement