Dallas, TX / ACCESSWIRE / October 16, 2014 / Swordfish Financial Corp (OTC: SWRF) announced that it has filed Schedule 14f-1 with the United States Securities and Exchange Commission (US SEC) announcing that a change in the Board of Directors will occur when the merger is consummated with SoOum Corp.

In due time, SWRF intends to change the Company's ticker symbol, as well as, the corporate name to SoOum Corp. to reflect the main business operations.

SoOum Corp., will become SWRF's wholly owned operation subsidiary and it is engaged in the trade and arbitrage of commodities. It is a global operation with its main office in New York and satellite offices in Oregon, Utah, Arizona, Texas, and internationally Malta and Egypt. The Company was established in 2013 in Delaware.

SoOum's goals are progress and evolution in international trade from true price discovery, creating local entrepreneurial opportunities, and filling shortages/offloading surpluses. They are creating, through technology a shorter time frame from shortage or surplus, to trade.

By making physical-commodities-arbitrage more methodical with a repeatable technology driven process, SoOum pursues and matches world shortages/surpluses. Uniquely, the Company amasses proprietary, native and indigenous global-trade intelligence. Then, SoOum's process filters this data through reliable economic analysis, fast computing with proprietary algorithms and risk analysis. Once opportunities are identified, SoOum creates a hierarchy of physical-commodities-arbitrages which are efficiently and systematically answered by our world class, internationally deployed, Trade Architecture Team to the conclusion of consummating arbitrage transactions.

Will Westbrook, CEO, SoOum Corp. states, "We look forward to becoming a public Company. The completion of this transaction, if it is consummated, will enable us to broaden our investor base, create a liquid market for our stock, and financially support the accelerated growth of our business as we strive to become a leader in international commodities trade. We see this merger as an important milestone in attaining the goals for our Company as we continue to expand our reach internationally and technologically."

More information with regard to this reverse merger transaction can be found on the Company's Form 8-K and Schedule 14F-1 filed with the Securities and Exchange Commission.

For further information contact Rich Kaiser, YES INTERNATIONAL, business consultant, 757-306-6090 and/or www.yesinternational.com. and/or to http://www.sooum.com.

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to matters such as prospects, anticipated operating and financial performance. Actual prospects and performance may differ from anticipated results due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the Company, including risks of market volatility, the level of capital expenditures required to fund ongoing trading operations and the ability of the Company to execute its business strategy. These and other risks are described in the Company's reports filed with the United States Securities and Exchange Commission. These forward-looking statements are made only as of the date of this communication and the Company undertakes no obligation to update or revise these forward-looking statements.

Contact: Rich Kaiser
YES INTERNATIONAL
757-306-6090

 

SOURCE: Swordfish Financial Corp