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Microcap & Penny Stocks : UPGD 'Smart Card' potential $2.4 Billion World Wide

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To: Bear Down who wrote (196)4/10/2000 12:43:00 AM
From: jjs64  Read Replies (2) of 203
 
Bear;

DT really piqued my interest, so I've spent a few minutes laughing at UPGD's "filing" here are some goodies:

From the 8K

4. Global CyberSystems, Inc.

Global CyberSystems Inc., was incorporated in Nevada on January 12, 1998. As part of the UltraCard acquisition agreement (see note C (1)), the Company received a 50% interest in the newly formed corporation with the remaining 50% being owned by UltraCard. On July 11, 1998, the Company entered into a master distribution agreement with UltraCard which provided Global with the exclusive distribution rights for the UltraCard products and technology in territories and applications as follows: (1) in the U.S., Global holds the exclusive distribution for banking applications and retail/convenience applications; and (2) worldwide, Global holds the exclusive rights to gaming applications for the UltraCard products and technology. As of September 30, 1999 and December 31, 1999, Global had not commenced its operations and the carrying amounts of its assets, liabilities and stockholders' equity were nominal.


Now, just who is the "Global Cybersystems"? The State of Nevade had this to say about Global...

Name: GLOBAL CYBERSYSTEMS, INC.
Type: Corporation
File Number: 613-1998
State: NEVADA
Incorporated On: January 12, 1998
Status: Reinstated
Corp Type: Regular
Resident Agent:
LAUGHLIN ASSOCIATES, INC. (Accepted)
2533 N. CARSON STREET
CARSON CITY NV 89706

President:
DANIEL S BLAND Oh my!
5535 PEREGRINE WAY
BLAINE WA 98230

Secretary:
DANIEL S BLAND Quite the busy boy, isn't he?
5535 PEREGRINE WAY
BLAINE WA 98230

Treasurer:
DANIEL S BLAND And look who controls the $$$
5535 PEREGRINE WAY
BLAINE WA 98230

Now, just for fun, lets see what the State of Florida says about Upgrade and its officers and directors:

4/10/00 OFFICER/DIRECTOR DETAIL SCREEN
CORP NUMBER: P97000011746
CORP NAME: UPGRADE INTERNATIONAL CORPORATION

TITLE: PSTD
NAME: BLAND, DANIEL
5535 PEREGRINE WAY
BLAINE, WA 98230

TITLE: D
NAME: ERICKSON, RON
3700 EAST VALLEY STREET
SEATTLE, WA 98112

TITLE: D
NAME: ZUCKER, DAVID
330 14TH STREET SANTA CRUZ, CA 95062

TITLE: D
NAME: BURKE, MALCOME
1115 595 HOWE STREET
VANCOUVER B.C. CANADA,


With an address like that, I wonder what Malcome does for UPGD? I wonder what else our Howe Street connection is involved in?

Buyer Beware!
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