Ubiquitech Software Corp (UBQU)

[Chip79]

DENVER, CO / ACCESSWIRE / November 23, 2021 / Ubiquitech Software Corp. (OTC PINK:UBQU), through its operating subsidiary CannazALL™ (www.CannazALL.com) is announcing today that it has negotiated an agreement with its largest noteholder to retire all outstanding convertible debentures currently held by them.

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Under the terms of the agreement, the noteholder will not convert any of the outstanding notes into shares of common stock of the Company. These notes will be retired in various increments over the course of the next twelve months.

CEO James Ballas said "This represents a large step forward for the Company. We expect to continue moving the Company forward from both a capital structure standpoint, and equally as important, continuing to re-ignite the growth of the business by executing our plans for 2022 and beyond"

We encourage shareholders to visit our official Twitter account for more updates:

www.twitter.com/CorporateUbqu