DENVER, CO--(NewMediaWire - Jul 17, 2017) - Ubiquitech
Software Corp. (OTC PINK: UBQU), through its operating
subsidiary HempLifeToday.com, today announced its second quarter
2017 financial results. Revenues for the quarter increased to
$1,038,371 from $664,106 during the prior year period, and earnings
increased to $73,101 from $41,777 during the second quarter of
2016.
The company credits continued awareness of the benefits if CBD
oil derived from hemp, increased exposure and demand for its USA
grown and formulated CannazALL™ brand hemp CBD products, attention
to customer service, and innovative marketing initiatives for the
increase in sales and profits. The company anticipates continued
new product offerings during the balance of 2017.
CEO James Ballas said, "While we are very happy with
our growth we always want to do better, and this year to date we've
put a lot in place to create even greater growth moving forward. In
fact, we are really looking at 4th quarter being our strongest
growth curve ever as what we have put in place will have come to
full fruition by then, as much of our marketing takes a little time
to get geared up, but once it does it continues to grow and we have
proven we can do this very profitably. We believe we are building
this Company the right way and we will continue on this
path.
COO Luke Dreyer added, "We believe that to continue to
succeed all we have to do is get our CannazALL products into the
hands of more and more people, as our products are so high quality
the more people using them, the more new customers we get. This is
why we have invested so much in our free trial offer, and our
referral program, as our customers recommend us to others at a very
robust level as well. This is why we strive to produce the finest
products that we can and stand behind them with our guarantee. We
believe in our products and we believe in what we are doing, and it
is this belief that will continue to propel this Company
forward.
Complete quarterly financial results for the company have been
posted to OTCMarkets.com.
About HempLife Today™
HempLife Today™ was created by a group of highly motivated,
skilled and health minded people who have learned that Hemp, and
Hemp related products, can be a great source of increased health,
vitality, and overall wellbeing in our lives. We also believe that
high grade CBD (Canabidiol), could very well be the miracle
supplement the world has been waiting for as more and more people
discover the health benefits of this remarkable extract. HempLife
Today™ offers its quality CBD products
@ www.HempLifeToday.com
About Ubiquitech
Ubiquitech Software Corp., through its subsidiaries, is a
dynamic multi-media, multi-faceted corporation utilizing
state-of-the-art global internet marketing, Direct Response (DRTV)
Television, Radio, and traditional marketing, to drive traffic to
the new and emerging multi-billion dollar industries like its
subsidiary HempLife Today™
HempLife Today™ 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 HempLife Today.com™ has
developed multiple and proprietary CannazALL™ CBD oil products that
include its popular CBD Tinctures, Concentrated Oils, GelCaps, Skin
Salve, and e-liquid, all offered @ www.HempLifeToday.com
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 date of this release.