ListenToMe
4 years ago
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2021) - Upco International Inc. (CSE: UPCO) (OTC Pink: UCCPF) (FSE: U06) ("Upco") announces corporate developments.
Up One Inc, fully owned subsidiary of Upco International, has successfully updated the app Upco Mobile Messenger improving the security of the communication by increasing the cryptographic algorithm and has prepared the necessary steps to add the technical component to use UpcoPay.
The app Upco Mobile messenger will be renamed UpOne in step with the company name. Furthermore, two different sections in the app will be created:
UpcoNet (to host all the existing features we have today in the messenger, plus extra services)
UpcoPay (to host the ecosystem for the fintech and the payment and remittance part)
Oktacom Inc, wholly owned subsidiary of Upco International, has signed 4 new contracts this month in the telecom area mainly in the United States. This is an important milestone as we are preparing the operation to manage the next targets who will join our Federated Carrier Program.
In addition, the company has a new Office in Buenos Aires, where our Financial Department and NOC will operate cohesively.
ListenToMe
4 years ago
Upco International Inc. Announces Corporate Update April 16th, 2021
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2021) - Upco International Inc. (CSE: UPCO) (OTC Pink: UCCPF) (FSE: U06) ("Upco") is pleased to inform shareholders of corporate updates and strategies. These documents can be accessed from the SEDAR website at www.sedar.com.
Upco International Inc, in response to a query from BCSC, would like to communicate a better disclosure on its Annual General Meeting procedures.
As part of the customary business undertaken in the Annual General Meeting, which will be held on April 22nd 2021 as stated in the press release dated March 11th 2021, Upco International Inc has presented five names as candidates for a seat on the Board of Directors. Upco International Inc has a "plurality" election, whereby the three candidates receiving the largest number of votes are elected.
Amongst the people being put forward as candidates is Mr. Estanislao Peña, who is at present Senior Partner with Kingsley Gate Partners. Before that he was Managing Partner in Caldwell Partners since 2016. Over a career of more than 25 years, he has worked in many different countries. He has spent over 20 years in the telecommunications sector; participating in the start-up of Nextel's operation in Argentina; working in the United States with responsibility for Mexico, Brazil, Peru, Chile and Argentina; and finally in Chile as CEO of Nextel Chile. From that position he transitioned to the CEO of Paperless LatAm, leading its regional operations. Mr Peña has a Bachelor of Science in Business Administration. He also furthered his education at Georgetown's McDonough School of Business, where he graduated from the senior leadership program. He is a native Spanish speaker, fluent in English, and also speaks Portuguese and French.
Upco International Inc further announces that it has changed its auditor from Davidson & Company LLP, Chartered Professional Accountants (the "Former Auditor") to MSLL CPA LLC, Chartered Professional Accountants (the "Successor Auditor") effective March 11, 2021.
The Company confirms that there have been no modified opinions in the Former Auditor's reports for the two most recently completed financial years or for any period subsequent to the most recently completed period for which an audit report was issued and preceding September 30th, 2020; The Company's Board of Directors and Audit Committee each approved the appointment of the Successor Auditor in place of the Former Auditor; there were no reportable events (as defined in National Instrument 51-102) in connection with each of the Former Auditor's audit of the Company which occurred prior to new appointment as auditors of the Company; and the Notice of Change of Auditor was approved by the Company's Board of Directors.
In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the audit committee and the board of directors and have been filed on SEDAR.
Upco International further announces the acquisition of fully and outstanding Share of Brilliance Global LLC, a corporation registered in Delaware that has been renamed Up One Inc and Andrea Pagani will assume the role of CEO of it.
The company's focus will be in the digital area, thus diversifying from the wholesale telecom business that is active in the other subsidiary, Oktacom inc. led by Mr. Juan Ramos Taboada.
As stated in the Webinar held on 23th July 2020, Up One Inc. will own the license of the Application Upco Mobile (the Asset) and it is preparing to split the two sections of the app:
Upco for telecommunication (UpcoNet) and
Upco for Fintech (UpcoPay).
The Company is currently evaluating a Marketing plan with a company specialized in branding and communication in order to launch the new brand and promote the new services in the fintech and telecom area.
Upco International Inc further announces that its technical department is working to upgrade the application Upco Mobile principally to enhance messaging and call security by implementing the following algorithm:
AES-256, Curve25519, ECDH, HMAC-?SHA256??, Encryption keys exist only on user devices and nowhere else.
This is a critical update prior to the implementation of the fintech section within the application.
Additional improvements are:
File transfer speed will be more rapid than before. Users can send any size files, at very high speeds.
Auto correct will be displayed in quick reply mode.
Better experience in sending multiple pictures.
Users will be able to add a password to their profile to move the app from one device to another without SMS validation - very useful for travellers with different SIMs and phones.
Improvement on the Upco - Out calls.
About Upco International Inc.
Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp. With the forthcoming addition of the Upco e-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments. The application will also allow vendors to securely share account information with their clients.
Please visit www.upcointernational.com for further information.
ON BEHALF OF THE BOARD OF DIRECTORS
Andrea Pagani, CEO and Director
office@upcointernational.com
+1 (646) 7661275
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively "forward- looking information") within the meaning of applicable securities laws. Forward- looking information is typically identified by words such as: "will" "may" "believe", "expect", "anticipate", "intend", "estimate", "development", "forthcoming", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. Upco cautions investors that any forward-looking information provided by Upco is not a guarantee of future results or performance.
Corporate Logo
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80676
UPCO INTERNATIONAL INC. (U06:FF) NA
N/A 0.00
Upco International Inc (UCCPF)
0.172 0.00
Upco International Inc. (UPCO:CNX)
0.17 -0.03
News Provided by Newsfile via QuoteMedia
Related Articles
AAP, Inc. Corporate Update
Synex International Inc. Annual General Meeting - Voting Results
Hemisphere Energy Provides Operations Update and Corporate Guidance
Hunter Technology Provides Corporate Update
Explore Oil & Gas 360
U.S. rig count had an increase of 9 this week, at 411- oil and gas 360
U.S. rig count increased by 9 this week, at 411
Exclusive 360 Energy Expert Network Video Discussion: “Pioneer Energy’s ESG Solution for Well Pad Methane Emissions”- oil and gas 360
Exclusive 360 Energy Expert Network Video Discussion: “Pioneer Energy’s ESG Solution for Well Pad Methane Emissions”
U.S. rig count increased by 5 this week, at 397- oil and gas 360
U.S. rig count increased by 5 this week, at 397
U.S. rig count had an increase of 2 this week, at 432- oil and gas 360
U.S. rig count increased by 2 this week, at 432
Powered by
Legal Notice
Our Newsletters
Sign up to receive free Oil & Gas 360 Newsletters
EnerCom Services
Membership Login
Username or E-mail
Password
Remember Me
Forgot Password
Follow Us
Latest Press Releases
Press Releases
More than 60 New Electric Vehicle Chargers Coming to Ontario and Quebec
The portable generator market is projected to reach USD 2.5 billion by 2026 from an estimated USD 1.8 billion in 2021, at a CAGR of 6.7%
Upco International Inc. Announces Corporate Update April 16th, 2021
PHX Minerals Inc. Announces Pricing Of Upsized Common Stock Offering
3 Top Dividend Stocks for Reliable TFSA Income
Contact Our Team
Oil & Gas 360® c/o EnerCom, Inc.
410 17th Street
Suite 250
Denver, CO 80202
360support@enercominc.com
303-296-8834
E-mail for Advertising Information
or call 303-296-8834 x 243
Login
Username or E-mail
Password
Remember Me
Forgot Password
Market Data copyright © 2020 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
We've updated our Privacy Policy to support new EU data protection law.
Got itLearn more
:)
notification icon
News
Market Data
Register for streaming realtime charts, analysis tools, and prices.
Renee
3 years ago
rakp
3 years ago
CCaptain
4 years ago
