Upco International Delays Filing of Interims Financial Statements

Further to this exemption, the Company has implemented a blackout policy that monitors and restricts trading in the issuer’s securities by directors, officers and other insiders of the issuer until the Q2 2020 Filings are filed as described, in principle, in section 9 of National Policy 11-207.  The Company estimates to file interim Q2 Financial Statement and MD&A within 30-45 days.The Company confirms that since the filing of its Q1, 2020 interim consolidated financial statements, there have been no material business developments other than those disclosed through news releases.

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.


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