Correction of Release Dated July 17, 2018: Ubiquitech Reports 2018 Second Quarter Revenues of $948,584
July 18 2018 - 4:21PM
InvestorsHub NewsWire

Denver, CO -- July 18, 2018 -- InvestorsHub NewsWire --
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 relationsIR@UbiquitechSoftware.com
Ubiquitech Software (PK) (USOTC:UBQU)
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