Sunday, April 23, 2017 2:26:21 PM
EXCERPT FROM PR AS FOLLOWS:
DENVER, CO--(Marketwired - Apr 17, 2017) - Ubiquitech Software Corp. ( OTC PINK : UBQU ), through its operating subsidiary HempLifeToday.com, today announced its first quarter 2017 financial results. Revenues for the quarter increased to $1,103,766 from $697,640 from the prior year period, and earnings increased to $113,929 from $34,350 during the first quarter of 2016.
The company credits continued awareness of the benefits of CBD oil derived from hemp, increased exposure and demand for its USA grown and formulated CannazALL™ brand hemp CBD products, new product offerings, strong Internet presence, superior customer service, and the implementation of its Rapid Ship program for the increase in sales and profits. The company anticipates continued sales increases along this trend-line for the balance of 2017.
"We are continuing to see an explosion in the awareness and acceptance of the benefits of CBD as a whole," said James Ballas, CEO. "As word about the quality and effectiveness of our products continues to spread, our CannazALL™ brand is rapidly becoming the CBD oil nutraceutical of choice and we are doing everything necessary to benefit from this awareness and continue our quarterly growth."
*Complete quarterly financial results for the company will be posted to OTCMarkets.com later today.
He that can have patience can have what he will — Benjamin Franklin
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