{"id":7561,"date":"2015-11-23T00:02:11","date_gmt":"2015-11-23T00:02:11","guid":{"rendered":"\/?p=7561"},"modified":"2015-11-23T00:15:00","modified_gmt":"2015-11-23T00:15:00","slug":"pumpers-stop-upper-street-marketing-inc-otcmktsuppr-in-its-tracks","status":"publish","type":"post","link":"\/articles\/pumpers-stop-upper-street-marketing-inc-otcmktsuppr-in-its-tracks\/","title":{"rendered":"Pumpers Stop Upper Street Marketing Inc (OTCMKTS:UPPR) in its Tracks"},"content":{"rendered":"\n

After quite a lot of time of sitting around and waiting for something to happen, Upper Street Marketing Inc (OTCMKTS:UPPR<\/a>)’s shareholders finally saw what they thought was a light at the end of the tunnel when on November 6, the company announced the acquisition of SPRiZZi – the manufacturer of a clever beverage system that resemblances Keurig’s K-Cup coffee pods. The major difference between the two systems is that SPRiZZi delivers soft drinks. <\/p>\n

Immediately after the press release, the volumes started to grow and the ticker began to climb in the right direction. Less than two weeks later, the gains stood at 66% and at $0.50 per share, people thought that this might be just the beginning. Then, however, the pumpers came along and ruined the party.<\/p>\n

The now infamous Wolf of Penny Stocks as well as his friends related to the Epic Stock Picks crew pocketed a grand total of $55 thousand and they told everyone who cared to listen how great UPPR<\/a><\/strong>‘s position is at the moment. Willingly or not, the management team helped by announcing yet another acquisition, this time of a natural sweetener company called Nature’s Agave.<\/p>\n

Neither this, nor the pump managed to give the stock an additional boost. Instead, the increased awareness brought a volume spike and a 26% drop which means that UPPR<\/a><\/strong> is now sitting at a little less than $0.37.<\/p>\n

So, there you go, the pumpers can ruin just about every stock out there. Having said that, in UPPR<\/a><\/strong>‘s case, they probably shouldn’t get all the credit.<\/p>\n

Once you take a closer look, you’ll see that the pre-pump push the stock was going through is a bit hard to explain. Indeed, the SPRiZZi idea sounds really clever, but the fact of the matter is, it’s been around for a couple of years now and it has yet to deliver results.<\/p>\n

It was first introduced to the general public in May 2013 when Michael Breault, the mastermind behind SPRiZZi, initiated a KickStarter campaign. People liked the system so much, that in a matter of just three days, the $25 thousand target was reached. When the fund raising was over SPRiZZi was nearly $60 thousand richer and Mr. Breault promised that he is starting work on getting the units done and shipped to the people who backed his project. Right now, almost two and a half years later, the backers have yet to receive their machines which means that some of them are more than a little upset.<\/p>\n

And it’s not like UPPR<\/a><\/strong>‘s previous business endeavors can give you any confidence, either. On September 30, for example, the company had the following figures in its financial statement:<\/p>\n