Wednesday, March 22, 2017 9:11:58 AM
Lets see what happens.
New Alert for Wed. 3/22/17
Ubiquitech Software Corp. (UBQU)
Ubiquitech Software Corp. (UBQU)'s subsidiary, HempLife Today has built a brand that is growing by double digits on a year-over-year AND quarter-over-quarter basis...these numbers aren't small by any stretch of the imagination especially considering what's going on in the arena right now.
But unlike other companies in the canabis space, (UBQU) is taking on a different niche. They aren't focused on "opening up another head shop" and they aren't trying to compete with every mom and pop grow...They're working to build a major CBD brand with noticable earnings growth
As stated on their most recent filing found here “(UBQU) revenues for the quarter increased to $1,225,015 and to $3,493,113 for the year. Earnings increased 840% from the previous year to $334,350 from $39,651 in 2015...Fourth Quarter Revenue Increased 35% from the Previous Quarter!”
(UBQU)'s subsdiary, HempLife Today, has a product portfolio full of new and unique CBD products.
But there could be much more on the horizon for (UBQU) especially when the topic of "continued growth" comes into the conversation!
As stated in their most recent guidance report here “The company anticipates that revenues for the quarter ended February 28, 2017 will increase over 50% from $697,640 in the first quarter of last year to approximately $1,050,000.”
On top of this, the company is also focusing on decreasing their debt as well...which we all know can be a major sticking point especially for OTC Companies:
Ubiquitech Pays Down $65,000 Debt since January 1st, 2017; Anticipates Continuing This Trend of Debt Repayment Throughout the Year
(UBQU)'s CEO even said it himself, "This is a solid company with solid products, revenues, and profits in a growth sector, and we also benefit from our products being derived from Hemp," adds James Ballas, CEO. "Our products are already legal, can be delivered to all 50 states, and are 2014 Farm Bill compliant. This means we don't have to wait for states to legalize as this is not an issue for us, but we do benefit from the free publicity when they do. In closing, I can't say it enough...if you believe in what we are doing then we encourage you to join us. We won't let you down."
(UBQU) & The Boom Of CBD Starts At The Open!
A flurry of new scientific research into CBD therapeutics is showing extremely promising results. CBD is lining up to be the “next big thing” in the Health and Wellness Industry. The CBD market for 2015 was estimated at $202 million.
Multiple reports forecast the market to be between $2.1 billion and $3 billion by 2021! Right now (UBQU) has been following this trend with its own triple digit growth, quarterly expansion, new product placement, and streamlined business ops to decrease debt and increase revenues on a potentially game changing level!
Get ready as the “Age of Green” because it could be here to stay! Make sure to do your research on Ubiquitech Software, Inc. (UBQU) now & if you so choose be ready to act at the opening 9:30am EST bell today Wednesday 3/22/2017. Stay tuned for more updates on Ubiquitech Software, Inc. (UBQU) coming soon.
Recent UBQU News
- Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • InvestorsHub NewsWire • 06/11/2024 02:13:55 PM
- Ubiquitech Software Corporation Retains Vitello Capital Ltd. to Aid Strategic Planning and Assess Global Acquisition Opportunities • InvestorsHub NewsWire • 10/11/2023 12:09:01 PM
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