PITTSBURGH, Aug. 27, 2014 /PRNewswire/ -- Unique Pizza and
Subs Corporation (OTC Pink: UPZS), a Delaware Corporation, is
pleased to announce 30 million shares of its common stock will be
removed from the issued and permanently retired and the company
also announces the development of a frozen breakfast pizza. With
the retirement of the stock, the total issued and outstanding is
50,593,923. This cuts the overall issued stock by over 37% and
keeps the company in a strong position moving forward. Unique Pizza
and Subs is also developing a breakfast pizza for distribution
to the major fast food industry. Capitalizing on Dr.
Reddy's contacts they are in discussions with major
fast food chains in the United
States to distribute this new product line.
James Vowler, President and CEO
of Unique Pizza and Subs Corporation, said, "It is our corporate
goal to make sure as we grow, we also continue to build share value
for our loyal shareholders. By retiring over 37% of the common
stock it positions Unique to achieve our company goals while
allowing the shareholders to enjoy the much deserved assurance that
we will continue to make the right choices for the company and for
their much valued investment." Vowler continues, "About 12 years
ago we developed an entire line of breakfast pizzas and had a lot
of success in the locations we sold them in. Dr. Reddy has always
expressed a strong interest in developing and supplying a Unique
gourmet frozen breakfast pizza to the major fast food industry and
is willing to use his connections to open those doors for us.
Retiring this stock and developing a frozen breakfast pizza were
always part of the overall corporate plan and is another positive
and transparent step in achieving our worldwide expansion."
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
27E of the Securities Act of 1934. Statements contained in this
release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
SOURCE Unique Pizza and Subs Corporation