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You are telling me that UPZS should NOT have $700,818 "brew house" equipment on their books ?
I need some help ! I am not a CPA.
I note that UPZS list "Brew House EQ." in the amount of $700,818 on their Q1
Credo Ventures LLC witch is 50% owned by UPZS obtained a loan from Sandy Dorian in the amount of $495,000 ( the other 50% is owned by Kevin Serrano , Sandy Dorian son)
The loan is secured by the restaurant equipment.
The restaurant is closed and bankrupted.
No payments were EVER made on the 2018 loan.
IMO the equipment is owned by Sandra Dorian.
SO WHY DOES UPZS STILL HAVE THIS ( $ 700,818 ) ASSET ON THEIR BOOKS?
The following is an excerpt from the annual report.
Note 1 – Organization Unique Foods Corporation (the “Company”) formerly Unique Pizza and Subs Corporation a Delaware corporation was incorporated November 20, 2003. The Company’s mission is to be a leading national franchiser. The Company has a store conversion strategy which targets existing pizza shops as potential franchisees. The Company will provide all franchisees with a customer call center, state-of-the-art point-of-sale system, economies of scale buying power and other services to potentially increase the new store’s profit margins. The Company also has a variable interest entity relationship with a California based restaurant and has wholly subsidiary with Jose Madrid Salsa and PopsyCakes.
OTC Market
UPZS in "QUOTE"
Ditch on "DISCLOSURE"
Date Publish 4/16/20
Yes , came out yesterday you can find it at OTC Markets.
Have you had an opportunity to review the FARCICAL annual report?
Christopher Street revenue for 12 Months $106,402
Mr. James C Vowler you have "COOKED" the books on this one.
For the 12 Months ending Dec. 31 2019
NET LOSS OF $821,888
I think TRACI ANDERSON (auditor) has been quarantined for 14 days.
Unique Foods @uniquefoodscorp·Apr 6
Shareholder Update:
Due to the unforeseen circumstances of the Coronavirus our financials were late being filed.We apologize all of the necessary documentation has been sent to our auditors & our filings should be updated later this week &we will be back to Current Status on OTC
The late filing is of great benefit to him.
It gives him more time to dump @ .0001.
Once the BAD news comes he will be dumping @.00001.
IMO you just might see a bankruptcy filing.
He's apologizing for the big red stop notice.
Remember those two in Philadelphia.
He's back.
I guess you could be right, UPZS has never had CASH. Unless they paid $111.00 for Pizza Fusion.
Mr. James C Vowler informed shareholders that UPZS acquired PIZZA FUSION.
How did UPZS financially acquire PIZZA FUSION?
Does anyone know ?
News:
Saddle Ranch Media Inc -Tri Cascade Inc 4.3.2020 NEWSLETTER Re T-Mobile-Sprint Merger.pdf
COME ON MR. JAMES C VOWLER.
I was very very interested in UPZS tweet today regarding the sale and shipping of Wine and Sangria.
"Christopher Street Products" is owned by Vinny Viola.
His parents own a RETAIL liquor store "Midland Wine & Liquor" located in Staten Island, NY.
I called the store and was informed that all " C S " sales would be shipped from this store.
The State of NY. prohibits shipping of wine by a retail store out of state.
NEW YORK
Winery direct shipping permitted, up to 36 cases per year; retailer shipping prohibited.
I have been following and posting about UPZS for ten corrupt years.
MR. JAMES C VOWLER the CEO of UNIQUE FOODS CORP has never acknowledged the closing of the "TAP HOUSE SPORTS GRILL"
UPZS promotional partner JACK BREWER has disassociated himself from UPZS
WHY !!! MR.JACK C VOWLER is a very untruthful CEO.
UPZS problems with CREDO VENTURES LLC
HOLDS:
Hold Type:BOARD OF EQUALIZATION HOLD
Hold Date:10-JAN-2018
Hold Type:FRANCHISE TAX HOLD
Hold Date:26-FEB-2020
UPZS has a HUGE problem with one of their SUBSIDIARIES Credo Ventures LLC.they have not paid FEDERAL TAXES @ PAYROLL TAXES.
If you think you can operate a BAR / RESTAURANT better than Credo Ventures LLC ( a subsidiary of UPZS ) here is your opportunity.
https://www.simongrouprealestate.com/murrieta-restaurant-for-lease/
Take a look at the notes !
I feel UPZS will file bankruptcy.
Come on guy's / ladies i fail to understand why you would invest in this company.
MR. JAMES C VOWLER is a downright liar.
Look at the UPZS website.
I went on UPZS tweeter page.
UPZS lists 7 campanies
I have followed this stock for years along with a few others.
Can anyone tell me what ASSETS UPZS have ?
I think shareholders should be more concerned with all the NOTES UPZS have on their books.
Check the last Q3.
This could lead to bankruptcy.
YES I AGREE !
He sold a "few" pizza franchise" which all have now closed.
UPZS has the PIZZA FUIONS name" all are closed"
He lied about the purchase of the Salsa building.
He has lied about the products UPZS can sell under the " CHRISTOPHER STREET PRODUCTS" name.
WHY ! in the hell would anyone invest in this company?
November he promised a PRESS RELEASE ???
That's why the stock price is at .0001
When you have an incompetent CEO like MR.JAMES C VOWLER this is were the UPZS share price should be .0001
UPZS has no ability to breakout from .0002-.0003
Didn't MR.JAMES C VOWLER promise a PRESS RELEASE back in November.
An OFFICIAL press release will never happen.
MR JAMES C VOWLER IS A DOWNRIGHT LIAR AND NOT TO BE TRUSTED.
I am so thankful I made the right decision years ago not to invest in an "UNIQUE PIZZA AND SUB" franchise after a personal meeting with MR. JAMES C VOWLER.
I would like to hear from past "UNIQUE PIZZA AND SUBS" franchisees as to why they closed up shop??
Who in their right mind would invest up to $600,000 in a pizza franchise when the corporate company ( UPZS ) has no open stores.
What Does a Pizza Fusion Franchise Cost?
Cash Required: $125,000
Total Investment: $400,000 - $600,000
A person only has to do a few minutes of due diligence to known that MR. JAMES C VOWLER uses UPZS as his weekly pay check.
SELL , SELL , SELL
I forgot to mention that MR.JAMES C VOWLER LIED about purchasing a building for the production of SALSA
I post this for all UPZS investors think about over the weekend.
The website still lists " THE TAP HOUSE "
The website still lists "PIZZA FUSION"
The website still lists "UNIQUE PIZZA"
NONE OF THESE BUSINESS ARE OPEN FOR BUSINESS
Mr. James Brewer has disassociated himself from UPZS.
Christopher Street Products: well that's another ?? ( may be the end of UPZS )