Swordfish Financial, Inc. (SWRF) Announces a New Board of Directors
October 16 2014 - 2:00PM
Access Wire
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