On August 21, 2017, WealthColony Management Group, LLC announced that it has received a letter from counsel to Soupman, Inc. in which counsel advised WealthColony Management that the Company cannot acknowledge the effectiveness of the actions taken by WealthColony Management to replace the Company’s Board of Directors because, among other things, it is unable to verify that WealthColony Management has received the affirmative vote of a majority of the outstanding shares entitled to vote in order to remove a director.