Soupman, Inc. (OTCMKTS:SOUP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 25, 2017, Soupman, Inc. (the “Company”) appointed Mike Wyse as its Chief Restructuring Officer and Interim Chief Financial Officer. The terms of his compensation are currently being negotiated.
Mike Wyse has been the Managing Partner of Wyse Advisors LLC since November 2015. He has in excess of 19 years of experience advising companies and other constituents through stressed, distressed and bankruptcy situations. From July 2014 to July 2015, he was an Executive Director at Donlin Recano & Company, a corporate restructuring firm. From January 2012 to July 2014, he was a Vice President at Great American Group, LLC, a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Mike graduated Saint Bonaventure University in 1999 with a BBA/MBA in accounting.
About Soupman, Inc. (OTCMKTS:SOUP)
Soupman, Inc. is a manufacturer and seller of soups to grocery chains, educational institutions and its franchisees. The Company manufactures and sells soups in three segments under the brand name, Original Soupman. In the grocery segment, the Company’s soups can be purchased in stores (such as Kroger, Publix, Safeway and HEB). The Company packages its soups in Tetra Recart shelf stable cartons. In the food services segment, the Company sells the Original Soupman soups in bulk frozen heat ‘n serve pouches to its franchisees and licensed locations. The Company is selling heat n’ serve pouches to a national restaurant chain. In the educational segment, it sells its bulk flash-frozen Original Soupman soups and other products to schools and colleges, such as the New York City Public school system. These additional products include vegetarian items, such a Mexicali Beans, Stewed Pinto Beans and Curried Chick Peas with Tomatillos. Soupman, Inc. (OTCMKTS:SOUP) Recent Trading Information
Soupman, Inc. (OTCMKTS:SOUP) closed its last trading session up +0.00180 at 0.00720 with 416,122 shares trading hands.