Ubiquitech Software Corp (UBQU)

[ChampionOfTheSun]

Now, something very important that has not been addressed properly, and I take full responsibility for this, is the name change, or lack of name change. I do not have to be reminded as to how I stuck my neck out on this subject and was not able to follow through. I can only tell you that for over 15 months this was the plan and we were moving ahead, and this was always the number one topic of all strategic meetings. However, month after month of delays and some legal opinions actually proved fortuitous, from our perspective, and we believe the Company moves forward even stronger remaining as UBQU as the Company could be vulnerable if we were only a hemp Company, and we do not want to be limited to this. We have a lot of experience on our management team and staff, and we are capable of so much more. Why limit the Company's future growth and opportunity by staying in one genre, as, simply put, remaining as UBQU offers more opportunity for the Company, for our shareholders, and for the growth and strength of the Company as a whole. Some will agree, some will disagree, and we believe that time will prove us correct in this decision, but this was the main reason as to why we are staying as UBQU.

Change of direction, possibly not 100% by choice, but it worked out for the best (fortuitous).