Business
Upper Street Marketing, Inc. Announces an LOI for the Acquisition of the Learn2Grow Division of Preferred Commerce, Inc.
Upper Street Marketing, Inc. Announces an LOI for the Acquisition of the Learn2Grow Division of Preferred Commerce, Inc..
About this update from Upper Street Marketing, Inc.
[{"type":"text","content":"\n\n LOS ANGELES, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Upper Street Marketing, Inc. (OTCPINK:UPPR) announced today that it has executed a Letter of Intent with a planned closing date by March 15, 2018 to acquire the Learn2Grow division of Preferred Commerce Inc. (the “Company”) which is a subscription driven company that specializes in consumer education and promoting healthier living.\n The Company has two well-known products, Learn2Grow.com and Growums.com / Growumskidsclub.com. Learn2Grow.com has been a go-to destination for the enthusiast gardener for nearly 10 years with millions of visitors each year and literally hundreds of millions of page views. Learn2Grow.com, its content and databases are said to be the most accurate information available. The content has fueled universities, garden clubs and at one point was most of the data used to fuel any of the searches for plants or gardening information on Lowes.com. The Company and Lowe’s had a partnership for nearly 3 years to provide content to Lowes.com. Learn2Grow.com has recently teamed up with an expert chef to create a monthly subscription box product called “Dig In.” Subscribers will receive a monthly box filled with everything needed to grow and prepare their own healthy food from seed to table. Subscribers will receive enough seeds and starter pellets to grow over $700 in vegetables, herbs and micro greens and each month they will receive new tools and gardening products to help them be successful growing. The differentiating factor is by including an expert chef, the product has now opened itself to an even wider market, cooking. Along with the gardening products the subscribers will receive culinary products such as kitchen utensils and tools, salts, spices, oils and an array of products to assist them in creating healthy meals with the very products they have grown from seed. The recipes and coaching are from the chef engineered to take even a poor cook and turn them into a home chef with the skills and creativity usually learned in culinary schools. This is truly a “get with the times” subscription product with an audience of over 100 million people as potential customers and a potential market penetration into the hundreds of millions of dollars. Growums, the Company’s second product, specializes in combatting c...