NEW YORK, April 02, 2019 (GLOBE NEWSWIRE) -- SoOum Corp. (OTCPINK: SOUM) (“SoOum” or “the Company”), a physical commodities international trading company and trade platform, continually seeks to expand operations and explore new business opportunities. Currently, SOUM focuses on the distribution of quality 100% USDA beef to Malta, and the rapidly expanding cannabis markets worldwide.
As the company moves forward, it continues to build operations on the island of Malta where it will distribute 100% USDA Beef. SoOum’s FIRST successful shipment worth US$56,000 just reached Malta. The arrival of the beef not only marks a milestone for SOUM but also for the island itself, as the country did not import 100% USDA beef directly from the United States since the 1970s.
The Company intends to utilize Malta for distribution of various agricultural commodities such as select meats, natural resources, construction supplies, and other manufactured commodities within the EMEA (Europe, Middle East & Africa) and beyond.
Furthermore, as previously announced, the company continues discussions in Nigeria to help introduce effective ranching operations, and to start and manage a modern abattoir in the country. This will broaden SoOum Corp's global footprint and enhance the company's overall mission (see Press release - http://bit.ly/2OetEAm).
SoOum.com, the company's web-based trade platform, contains current trade regulations for compliant importation and exportation of cannabis and cannabis related products worldwide
About SoOum Corp
SoOum Corp, a publicly held (OTCPINK: SOUM) Physical Commodities International Trading firm, specializes in arbitrage based transactions of Physical Commodities and offers a web-based “International Trading Platform". SoOum.com, currently seeking different ways to enter the rapidly expanding cannabis markets - www.sooum.com.
For more information regarding this press release, please contact SoOum Corp Investor relations - email@example.com
Cautionary Note Regarding Forward-Looking Statements in this press release regarding the Company’s business which are not historical facts is “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.