Universal Power Industry Corp (UPIN)

[threewheeler]

had this on high watch until now Item 8.01 Other Events

The Company is filing two recent press releases, announcing its post acquisition share structure and an exclusinve agreement with Advanced Optoelectronic Technology, Inc. The first press release states that the Company has 125 million authorized common stock, and that no other class of stock is authorized. The Company corrects this statement. There are an unlimited number of common and preferred stock authorized, and no preferred stock outstanding.