On August 18, 2017, WealthColony transmitted a letter to Jamieson Karson, the Chief Executive Officer of Soupman, Inc. in which WealthColony delivered written consents pursuant to and in accordance with Section 228 of the general corporation law of the state of Delaware, signed, in person or by proxy, by the holders of shares of common stock, Class B convertible preferred stock and Class C convertible preferred stock representing approximately 51% of the voting power of the Company’s outstanding capital stock, which percentage exceeds the minimum number of votes that would be necessary to authorize or take action at a meeting at which all shares of voting stock were present and voted.