STATEN ISLAND, N.Y., May 25, 2017 /PRNewswire/ -- Soupman, Inc. (OTCQB:"SOUP"), makers of gourmet soup made famous on "Seinfeld", today announced that it has hired Michael Wyse as its Chief Restructuring Officer and Interim Chief Financial Officer, effective immediately. Mike is the Managing Partner of Wyse Advisors LLC, with more than 19 years of experience advising companies and other constituents through stressed, distressed and turnaround situations.
"The Company has immediately filled the functions of the CFO position to manage our business and lead the efforts to explore all strategic funding alternatives. I am confident in Mike to spearhead this process," said Jamieson Karson, CEO.
About Soupman, Inc.
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. For additional information on our company please visit: www.originalsoupman.com, Twitter@OriginalSoupMan 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 the Company's ability to raise the capital it needs to remain in business. 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 continue to reduce liabilities and expand our product line and distribution, our ability to execute our business strategy and position the Company for future growth, 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 www.originalsoupman.com.
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SOURCE Soupman, Inc.