Ubiquitech Software Corp (UBQU)

[Chip79]

Hi Campe, the $2.2M website number was listed as an asset, not an expense that was my miss-read of the financial doc, sorry about that.

We'll have to see if their comment regarding larger sales volume in later quarters holds true in order to hit the $5M revenue number. Unfortunately we are back to "its coming in the future" wait and see mode.

Still no explanation on the terms of the acquisition, or why they took another $50K loan at the end of May. Why would this be needed if IO is raking in the bucks???