Ubiquitech Reports 2017 Gross Annual Revenues Increased to $4,514,104 from $3,493,113
March 01 2018 - 7:35AM
InvestorsHub NewsWire
Increase of 29.22% from the Previous
Year
Denver, CO -- March 01, 2018 -- InvestorsHub NewsWire --
Ubiquitech Software Corp. (OTC: UBQU), through its operating
subsidiary HempLifeToday.com, today announced its fourth quarter
and fiscal year end 2017 financial results. Revenues for the
quarter increased to $1,237,656, and to $4,514,104 for the year.
The company had net income of $352,447 for the year ending November
30, 2017.
CEO James Ballas said “We are extremely happy to continue to
grow and strengthen the company. This marks the fourth consecutive
year of double digit revenue growth. The CannazALL brand continues
to expand its presence in the growing CBD marketplace, and the
Company continues to add new and inventive offerings to this
product line. We look forward to our impending launch of our
CryptoBuy division and the excitement that it will bring to the
Company.”
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:Ubiquitech Software Corp Investor relationsIR@UbiquitechSoftware.com
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