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 [email protected].
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.