DENVER, CO--(NewMediaWire - Jan 10, 2017) - Ubiquitech Software
Corp. (OTC PINK: UBQU) is announcing its final name change with
timeline on FINRA filings and all legal proceedings as well as a
timeline on symbol change. The new name of the company will be Endo
BioSciences Inc., and HempLife Today™ will continue to be the main
subsidiary of the company.
The Company had voted last year to rename the company HempLife
Today Inc., but after much deliberation and discussion on the
future of the company and what would be best for growth and
sustainability a final vote was taken and Endo BioSciences Inc. was
selected as the new public entity.
The company unanimously agreed that the name Endo BioSciences
Inc. better reflects the vision of the company and broadens the
business model so that new divisions and products can be added in
the future. While the Company will continue its primary focus on
HempLife Today™ and the continuing growth of the Hemp CBD
(Cannabidiol) industry, with this new name the company has more
options in the future as more is learned about the medical value of
cannabis and its many applications.
"After all this time we are now actually happy that we had
delays with our original name change," said James Ballas,
CEO. "We always make what we believe are meticulous and
strategic plans and do our best to stick with them, but sometimes
we also find that positive things can emerge from what appear to be
roadblocks, and the naming of the company has shown to be one of
these situations. Had we gone with our original choice we would not
have the ability to capitalize as well on growth and emerging
technologies in our industry that we know are coming in the future.
But, with Endo BioSciences Inc, the sky is the limit with what we
can do with HempLife Today. Very, very exciting."
The origins of the name come from "Endo" which means "internal,"
or "from within," "Bio" for biology and the body, and "Sciences" as
in "applied science" which encompasses the body, healing, and
medicine. In the companies case this refers to natural medicine and
holistic healing.
In addition, while the company understands that the name and
symbol change is vitally important to the growth of the company and
its shareholders. The company also wants shareholders to focus on
the core growth of the company, the outstanding CannazALL™ CBD
products it creates, and the consistent quarter by quarter growth
that the company experiences as what is most important.
"This is not the easiest business model in the
world," adds Tim Zorn, President, "and there are
many areas that are not as simple to navigate as other businesses
we have developed. But, speaking for myself, and everyone who works
with us, we all know that this company is the one that we believe
will be the greatest success and have the most impact, and our team
has done a stunning job of bringing us to this point. It's going to
be a fantastic year."
The new name has been reserved with the State of Colorado, and
all appropriate domains have been reserved as well. Additional
State of Colorado requirements will be met over the next week. Once
all documents are returned from the State, they will be transmitted
to the Transfer agent for processing through DTC. Then a new
complete package will be submitted to FINRA to finalize the name
and symbol change.
We thank our investors for their patience with this process, and
are grateful that investors continue to recognize the importance of
CBD in our world today. We look forward to continuing to grow
company sales and profits, and leveraging our success into new
product offerings in 2017.
"We look forward to updating our shareholders again this
week, twice per week for the rest of the month, and letting
everyone know the incredible strides we are making for 1st quarter
and throughout 2017," said James Ballas, CEO.
About Ubiquitech (HempLife Today™)
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
HempLifeToday.com™
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, Oils, GelCaps, CBD Powder,
Skin Salve, Wax Crumble, 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.