On October 1, 2017, Jamieson Karson resigned as Soupman, Inc.'s Chief Executive Officer and as Chairman of the company's board of directors. Further, on October 1, 2017, Ronald Crane resigned as a member of the company's board of directors. The resignations of Mr. Karson and Mr. Crane were not the result of any disagreement with the company regarding the Company's operations, policies, or practices. The company expects that, if the Conversion Motion is approved, a trustee appointed by the Court will assume control over all assets and operations of the Company. Mr. Michael Wyse, Interim Chief Financial Officer and Chief Restructuring Officer, will continue in that capacity until a trustee is appointed and assumes control.