Correction of Release Dated July 17, 2018: Ubiquitech Reports 2018 Second Quarter Revenues of $948,584 and Earnings of $151,870.
Denver, CO - (NewMediaWire) - July 18, 2018 - Ubiquitech Software Corp. (OTC: UBQU), through its operating
subsidiary HempLifeToday.com, today announced its second quarter 2018 financial
results. The company realized revenues for the quarter of $948,584, including
all discount codes, rebates, and other incentives. The company had net income
of $151,870 for the quarter ending May 31, 2018.
CEO James Ballas said “We made some changes to our sales and
execution models during the first part of this fiscal year and are beginning to
realize some of the effects of these changes. The company experienced a 37%
increase in sales from April to May. We are confident that these changes will
lead to more consistent sales increases and ultimately higher margins for the
company. Most importantly, these changes will better support the company plans
to increase our loyal customer base and expand our brand awareness. The Company
already has plans underway for fourth quarter, and into 2019, and the Company
is very excited about what might be realized from these initiatives going
forward.”
About Ubiquitech Software Corp
Ubiquitech Software Corp, through its subsidiaries is a dynamic
multi-media, multi-faceted corporation utilizing state-of-the-art global
internet marketing, DirectResponse (DRTV) Television, Radio, Internet Content,
and traditional marketing to drive traffic to the new and emerging
multi-billion dollar industries like its subsidiaries HempLifeToday™ and
CryptoBuy.com
About HempLife Today™
HempLifeToday™ focuses on the exciting and dynamic new thinking
in the world today that recognizes the important health and life enriching
enhancement that CBD Oil from the Hemp plant can bring. Through its network of
quality USA growers HempLifeToday.com™ has developed multiple and proprietary
CannazALL™ CBD oil products that include; It’s popular CBD Tinctures,
Concentrated Oils, GelCaps, Skin Salve, e-liquid, and CannazALL Pets™ CBD
products all offered @ www.HempLifeToday.com
About CryptoBuy
CryptoBuy.com focuses on the burgeoning new world of Crypto
Currencies and is created to be a service to persons interested in tracking and
trading the many existing and future Crypto Currencies worldwide.
This press release contains forward-looking statements. Words
such as "expects", "intends'', "believes'', and similar
expressions reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive means of identifying
such statements. These forward-looking statements involve a number of risks and
uncertainties, including the timely development and market acceptance of
products and technologies, the ability to secure additional sources of finance,
the ability to reduce operating expenses, and other factors described in the
Company's filings with the OTC Markets Group. The actual results that the
Company achieves may differ materially from any forward-looking statement due
to such risks and uncertainties. The Company undertakes no obligation to revise
or update any forward- looking statements in order to reflect events or
circumstances that may arise after the after the date of this release.
Contact
Investor relations
IR@UbiquitechSoftware.com