Zupintra Corporation, Inc. - OTC BB symbol (ZUPC).
MIAMI, Nov. 14 /CNW/ - Zupintra Corporation, Inc. has filed amended
Management Discussion and Analysis ("MD&A") for the year ended March 31, 2006
and the quarter ended December 31, 2006 with the Ontario Securities Commission
as a result of their review of the Company's continuous disclosure reporting.
The following items have been addressed in the amended MD&A's as a result
of the review:
- more fully explained reasons for the growth in revenue and consulting
- more fully explained reasons for material changes in non-cash working
capital accounts, and;
- provided a quantitative reconciliation of Net Income/Loss to EBITDA.
As a result of the same review, the Company has filed an amended
Management Information Circular, replacing the one originally issued
February 2, 2006. This amended filing provides information on:
- compensation plans under which securities of the Company are
authorized for issuance,
- the name of the auditor of the Company and the date when the auditor
was first appointed,
- how security holders may contact the Company to request copies of the
Company's financial statements and MD&A,
- the fact that that additional information relating to the Company can
be located on SEDAR, and;
- the Audit Committee and Corporate Governance.
Zupintra Corporation, Inc's core business runs through its wholly owned
subsidiary, Zupintra Communications, Inc. Zupintra is a facilities based
wholesaler of international voice traffic within the carrier to carrier
network. As a wholesale VoIP provider, Zupintra Communications Inc. signs both
origination and termination contracts with next generation carriers and
profits from negotiated rates.
FRANKFURT - WKN No.: A0DQU5
In compliance with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, ZUPC notes that statements contained in this
announcement that are not historical facts may be forward-looking statements
that are subject to a variety of risks and uncertainties. Accordingly, ZUPC
wishes to caution readers of this announcement that its future actual results
may differ materially from those that any forward-looking statements may
imply. There is no assurance the above-described events will be completed.
There can be no assurance of the ability of the company to achieve sales
goals, obtain contracts or financing, consummate acquisitions or achieve
profitability in the future. The above and additional factors are discussed in
detail in the company's filings with the U.S. Securities and Exchange
Commission. These may be viewed at www.sec.gov and many other Web sites
For further information:
For further information: For Investor Relations contact: Email:
firstname.lastname@example.org, (416) 815-1771, www.zupintra.com