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The Issuer’s subsidiary launched officially the eSim product and it is starting to create the sales network.
The Issuer’s subsidiary is starting to create a full operation team to integrate the new acquisition target inside the organization.
The issuer worked on further developing its mobile App and also its VOIP whole business, Upco released a new update of the application with improvement, bug fixes and two new Language support, it is also complete the full API for the eWallet and Upco Is preparing the Graphic to deploy it in the app.
Upco’s Management decide to go ahead with the first acquisition after the Due Diligence belong to US Target and Upco is preparing the Purchase Agreement.
The Management is continuing the Due Diligence on the German targets mentioned in the LOI sent in October.
The Middleware UpcoPay is now under test for hosting Crypto Currency and exchanging fiat Currency within the same environment.
The Issuer’ subsidiary in conjunction with MLC srl, the mineral water company, is working to get Upco Mobile messenger in China via the marketing campaign jointly agreed and we got already more than 3k download in a week.
The Issuer’s subsidiary entered into an exclusive agreement with a prime firm of Attorney at law in Tirana (ALBANIA) to start a feasibility case study and implement an eWallet under Blockchain inside the Albanian banking systems. The issuer’s subsidiary also has been selected to increase the security of the government communication and it will be test the telephone system powered by Upco. The same agreement has been extended for all the Balcan region (Albania, Kosovo, Northern Macedonia and Serbia).
New Customer acquired, FORA s.p.a. located in Parma (Italy).
New Customer acquired, eService srl located in Sicily. http://ercolinet.it/