Swordfish Financial, Inc. (SWRF) Provides an Update on the Completion of SoOum Merger
October 30 2014 - 11:00AM
Access Wire
New York, NY /
ACCESSWIRE / October 30, 2014 / Swordfish Financial, Inc.
(OTC:SWRF) provides a shareholder update regarding the process of
the pending Swordfish/SoOum merger.
SWRF is pleased to report the final steps of the forthcoming
merger with SoOum Corp. SWRF has contracted a leading provider in
investor communications and financial printing, to distribute the
information statement (Schedule 14f-1) as officially required as
part of completing the merger. The printing has been completed and
the mailing in process. The certification that this information
statement is being delivered to shareholders of record, along with
a FINRA filing, and final forms to the US SEC, enables
closing. SWRF has been advised that final merger can occur in
approximately fourteen (14) days.
SoOum CEO, William Westbrook, reported that, "The motivation,
morale and vision of the entire upper management in SoOum is
healthy and increasing. The merger with Swordfish, which is nearing
its completion, fulfills SoOum's demand for new talent, specialized
experience, technology and market reaches."
Luis Vega, SoOum's, Chief Operation and Trade Officer, reports
they have seen a significant increase in new trade opportunities
due to the publicity it has received from its merger announcement,
http://www.sooum.com/.
Also of note, in development news, SoOum has been working with
Trade Risk Group (www.traderiskgroup.com) in attaining credit
insurance for its top importers, thereby enabling the Company to
offer a broader range of payment terms to its leading customers and
enhancing its capacity to grow with less risk.
For further information regarding this release, contact Rich
Kaiser, Business Consultant, YES INTERNATIONAL, 757-306-6090 and/or
yes@yesinternational.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
757-306-6090
www.yesinternational.com
SOURCE: Swordfish Financial, Inc.