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UPNT registration revoked:
https://www.sec.gov/litigation/admin/2019/34-87452.pdf
UPNT SEC Suspension for severely delinquent Financials:
https://www.sec.gov/litigation/suspensions/2019/34-86798.pdf
Order:
https://www.sec.gov/litigation/suspensions/2019/34-86798-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2019/34-86797.pdf
The Mar 2015 financials has NO REVENUES, $2,107 in INVENTORY.
Thanks Joeyohso for bring this one to my attention, it also came across my Twitter account, but I really think,
THIS ONES A DUD
Here are some clips from the recent financials statements. This should really be sub-penny. It's only trade on 5 days this year. NO REVENUES THIS YEAR!!!
We did not realize revenues for the three-month periods ended March 31, 2015 and 2014. During the three months ended March 31, 2015 (“first quarter”), we recorded total operating expenses of $4,680, consisting of $4,004 in professional fees and $676 in general and administrative expenses. In the comparable first quarter of 2014, we recorded operating expenses totaling $4,331, consisting of $3,436 in professional fees and $895 in general and administrative expenses.
The accompanying financial statements have been prepared in conformity with accounting principles, generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. However, the Company has sustained losses of $1,612,134 from June 7, 2005 (inception) through March 31, 2015, including a loss of $6,796 for the three months ended March 31, 2015. Furthermore, the Company has recognized only minimal revenue since its inception, which raises substantial doubt about the Company’s ability to continue as a going concern.
On February 11, 2014 the Company issued 200,000 shares of common stock to an officer and director for services rendered. The shares were valued at $0.0042 per share...
Our Website
Approximately 2 years ago, we redesigned of our principal Uplift website. We also shut down or discontinued our former websites, www.epigaia.com, www.alldayenergyspray.com, and www.upliftenergy.com in favor of just the one website. During last year, we spent considerable time and energy revamping and modernizing www.upliftnutritioninc.com and strongly encourage any investor or interested person to visit this website.
Our newest products, Grey-to-Great and Mitigator® were added to our web-site last year with online purchase ability. Sales through the website have been slower than anticipated.
Inventory
We no longer carry inventory of Active UpLift® and All Day Energy Spray®, Tonify or X-Mint.
We recently increased our inventory of Gray-to-Great and Mitigator® after the end of the quarter. As of our first quarter ended March 31, 2015, we had sufficient inventory of Gray-to-Great and Mitigator® in inventory. $2,107. .
With regard to Gray-to-Great, its particular manufacturer has several thousands of bottles of Gray-to-Great on hand and can mix and process a new supply in fairly short order as our inventory dwindles. With regard to Mitigator®, we can obtain new product quickly. If we do encounter an inventory problem, we are able to obtain either product relatively quickly for sale.
Hope they expect any big orders
Marketing
Because we are no longer marketing our principal energy drink products, not to mention Tonify and X-Mint, and given that we only began marketing two entirely new products early and late last year, we do not believe that comparing cost of goods sold and other comparisons for the same periods in 2015 and 2014 is particularly relevant or meaningful.
We have spent nominal funds marketing expenses for the quarters ended March 31, 2015 March 31, 2014. This is because, in large part, we have lacked working capital for such purposes.
Yup, $8,000 in sales last year.
Under this agreement, we have become a Mitigator ® distributor whereby we obtain wholesale pricing as a re-seller. We are pleased to announce that we sold approximately $8,000 of this new product during the fourth quarter of 2014.
One of the more interesting stocks out there. Not often that an otc ticker has a real product that is being distributed and sold.
Excellent find!!!
Was reading up on their website. Looks like it works for many bites and stings.
? Fire Ants
? Mosquitos
? Bees and Wasps
? Horse Flies
? Jelly Fish
My son is constantly getting eaten by mosquitos.
Looks like Regis Philbin is endorsing it also.
Yep. They have real products, distribution and real SALES!
Its not very often that you can grab a product and test it out with the OTC.
rgresham....that sounds like a good idea!
I would like to take alook at the product. Wonder if they sell any in the houston area. May grab a small chunk and see if i can find a tube and make a determination on whether to buy more.
I can use this working in my yard JT!
This ticker looks like it's owned by the same people as PRTT. UPNT already did a roll back, so it looks like it's setting up to me.
As you might know, I'm an avid hiker. I bought some of this stuff and it really works!
Filings current and SALES! Hmmmm,.....
Mitigator®
After the end of the fourth quarter, our management entered into an distributorship agreement with a related party to take on the sale of a new anti-itch, sting and bite cream product designed to resolve insect sting and bite trauma known as Mitigator ®. See www.mitigator.net. Mitigator® works by:
· Removing the top layer of dead skin
· Opening and softening the skin ’ s pores
· Drawing the toxins from the open pores
· Creating circulation, thereby forcing toxins through the open pores to the surface
· Neutralizing the toxins and cleansing the affected area
· Satisfying the impulse to scratch
Under this agreement, we have become a Mitigator ® distributor whereby we obtain wholesale pricing as a re-seller. We are pleased to announce that we sold approximately $8,000 of this new product during the fourth quarter of 2014.
Hate those red ant bites!
Ibox is wrong. I'm going to fix it.
UPNT invented a cure for red ant bites! It's coming to market!
Looks like UPNT might be coming out of the gates soon!
Company is current with filings
Could something be coming?
Maybe a merger???
You see the 8K filed today?.......et z
Ditto. Now all we are missing here is Kimzerfantanistic. lol
LOL,
You`re right and yes that is quick.
No. If you check our previous posts, you'll see the sp must have been .01 before the split. You stated it would go to .20 as a result of the split.
And I asked how long before it went back to .01.
I guess the answer was "pretty quick", huh? ( :
Okay thanks, so it did split.
Yes I noticed that on otc markets as well. That is why I was not sure if the R/S occured.
So if this split at .20 that would make it a $4.00 share after the R/S. The current price is .0063.
That make the loss 99.843%. Yikes
Right. A 1:20 R/S.
Happened Nov 21.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=%252fvhNGtqaGc6aD4gJxHLQCg%253d%253d&CorpName=UPLIFT+NUTRITION%2c+INC.
And they're OTCQB at OTCMarkets?
http://www.otcmarkets.com/stock/UPNT/company-info
They don't even show the A/S let alone have the info on the R/S or the adjusted O/S.
This was listed for split.
Can Finra reject a request???
Either way at .0063 the S/P is in the toilet, best asks looks like a penny.
Wow. What happened?
I don't see any news of a split.
It went to .13 and then .20 then on Nov 12 plunged on one small trade to .0063.
Very odd. lol
I didn`t think it would drop this soon.
Did this even split???
$0.0063
And how soon before it goes back to .01? ( :
I SAY WE GO TO .30.. ATLEAST!
I say they go to $0.20
R/S 1:20
http://www.nasdaq.com/reference/upcoming_splits.stm
That will get the sp back to where it was this summer before the big drop.
UPLIFT NUTRITION, INC.
252 West Cottage Avenue
Sandy, Utah 84070
NOTICE OF ACTION TAKEN BY WRITTEN CONSENT OF OUR MAJORITY STOCKHOLDER
To Our Stockholders:
Please be advised that our principal stockholder, owning sixty-eight and eight-tenths per cent (68.8%) of our issued and outstanding shares of common stock has approved, by written consent in lieu of a stockholders’ meeting, the proposals to make amendments to our Articles of Incorporation, specifically, to effect a reverse stock split of our issued and outstanding common stock on a twenty (20) shares into one (1) share basis, to increase our authorized capitalization from 100,000,000 common capital stock to a total of 110,000,000 shares of stock, consisting of 100,000,000 shares of common capital stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share, and to further amend our Articles as necessary to give our directors the discretion to set the rights, preferences and denominations as to the newly authorized preferred shares, and to otherwise allow the directors to adopt an employee incentive or employee stock option plan as they may deem appropriate in the future.
On September 22, 2011, our board of directors approved the above proposals to amend our Articles of Incorporation as appropriate and otherwise file what forms are required by the Secretary of State of Nevada to implement and effectuate such amendments.
As of noon today this is halted. Don't know for what reason.
I SAY WE GO TO .30.. ATLEAST!
Why?
Put UPNT on your watch list, there is a lot of activity around this one.
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