Upper Street Marketing Incorporated Letter to Shareholders

RALEIGH, N.C., April 4, 2022 /PRNewswire/ -- As a shareholder of Upper Street Marketing Incorporated (UPPR), this is a much overdue communication to inform you of the recent and significant changes to the Company. In 2020, concerned shareholders filed a lawsuit on behalf of all shareholders against UPPR management. As of August 2021, the lawsuit was settled through negotiation. As a result, Joseph Earle, Gordon McDougal, and Mark Livingston resigned as officers and as members of the Board of Directors. In addition, they returned 60 million shares to the Company's treasury and forgave any monies owed.

A new management team was installed. John Quinn is Chairman and CEO. Rick Dubois and David Goldhagen joined Mr. Quinn on the Board of Directors. Kenneth Yonika is Chief Financial Officer. Mr. Quinn has achieved the following: 

• All filings, fees with transfer agent and taxes with the State of Oklahoma are now current
• We completed our own five-year internal audit.
• Pinnacle Accountancy Group of Utah, a PCAOB registered firm, has been engaged to approve the audit.
• Randy Katz, of Clark Hill PLC, has been hired to assist in securities and legal matters.

With the completion of the audit in late summer, we will file a Form 10 registration statement with the SEC to recommence trading. We are optimistic that we will be trading by third quarter. Our management team has been approached by several companies that have expressed an interest in going public with UPPR. We plan to capitalize on these opportunities. 

In conclusion, it was time to communicate with the shareholders regarding our status. The management team is motivated with the goal of making good on each shareholder's investment. Please look forward to more communication as we make progress.

For Further Information Contact:
Upper Street Marketing Inc:
Phone (888) 731-3711
Email: [email protected]
Website: www.upprinc.com

About Upper Street Marketing Incorporated:

At UPPR Inc., we develop green products and industries that nurture our planet and give new life and direction to communities and individuals. Our foundation starting point is sustainable plant-based biomass. We then partner with industry to turn this biomass into BioPlastic pipes that bring water, BioPlastic bags and packaging to carry our food, biodegradable compostable cling film that wraps and preserves, BioCrete that builds our homes, plant biomass for textiles and food. We believe in living green and develop products that will be good for us and our planet.

Cautionary Language Concerning Forward-Looking Statements:

 Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate", "believe", "estimate", "expect", "intend", and similar expressions, as they relate to the Company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about the Company's business, based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors. Such statements could be affected by risks and uncertainties related to: (i) our ability to execute the Company's business plans with the uncertainty of agricultural crops (ii) product demand, market, and customer acceptance of the Company's products, (iii) the Company's ability to obtain financing to expand our operations, (iv) the Company's ability to attract qualified sales representatives, (v) competition, pricing and development difficulties, (vi) the Company's ability to conduct the business if there are changes in laws, regulations, or government policies related to the Company's products, (vii) the Company's ability to conduct operations if it faces product recalls, and (viii) general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

SOURCE Upper Street Marketing Incorporated