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Thursday, September 08, 2022 12:15:03 PM
https://www.otcmarkets.com/otcapi/company/financial-report/337898/content
Sebastiano Galantucci and Andrea Pagani go back to the Tron days. Consulting tag team.
Seems the same kinda failed business plan with a Vancouver, British Columbia company that ATMH is trying to do.
(Newsfile Corp. - February 16, 2021) - Upco International Inc. (CSE: UPCO) (OTC Pink: UCCPF) (FSE: U06) ("Upco")
Upco International Inc. Announces Change of Board and Corporate Update
Big Going Concern
The Company has accumulated deficit of $7,303,349 as at April 30, 2022 and has incurred operating losses to date. We have no cash on hand. The Company expects that while it is restructuring and completing certain identified acquisition targets it will continue to incur operating losses. The Company has been funded to date by current management and expects this funding to continue until such time as initial revenues from currently planned operations commence. There can be no assurance that the Company will continue to receive funding from management or that it will be able to raise sufficient funds from the sale of securities or debt, or that the funding it does receive will be sufficient to pay for its operations. Management’s plans for the continuation of the Company as a going concern include the identification and completion of acquisitions.
Stay tuned!!
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