$UBQU Ubiquitech Reports 2018 Gross Annual Revenu
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Posted On: 03/04/2019 7:52:39 AM
$UBQU
Ubiquitech Reports 2018 Gross Annual Revenues of $3,760,099Press Release | 03/04/2019
DENVER, CO, March 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (OTC: UBQU), through its operating subsidiary HempLifeToday.com, today announced its fiscal year end 2018 financial results. Revenues for the year were $3,760,099, and the company had net income of $5,275 for the year ending November 30, 2018.
CEO, James Ballas, said: “We are extremely happy to report company results for the fiscal year end 2018. As CEO, I am well aware that results have leveled off over the last few quarters and this is due to the fact that the company continued to invest heavily in growth strategies while regulatory and industry conditions remained challenging. The company will continue to adjust and invest throughout the first half of the current fiscal year. The CannazALL brand recognition initiatives currently being developed will continue to solidify our foothold in the growing CBD marketplace, and we expect improved growth now that favorable legislation has been enacted. With our investment in the company we look forward to improving and expanding our customer support, increasing the speed in which customers receive products, improving our customer online experience, adding new CannazALL CBD products, increasing our advertising budgets and exploring new ad platforms, and announcing phase two of our extremely popular Ambassador Program. The entire staff at HempLife Today is working hard and we firmly believe that we are on the right track to achieve all of our stated goals for the company. Please bear with us as we continue to build the company and we will have lots of exciting news to come, including updates on our name and symbol change which we know you all are waiting for.”
About Ubiquitech Software Corp
Ubiquitech Reports 2018 Gross Annual Revenues of $3,760,099Press Release | 03/04/2019
DENVER, CO, March 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (OTC: UBQU), through its operating subsidiary HempLifeToday.com, today announced its fiscal year end 2018 financial results. Revenues for the year were $3,760,099, and the company had net income of $5,275 for the year ending November 30, 2018.
CEO, James Ballas, said: “We are extremely happy to report company results for the fiscal year end 2018. As CEO, I am well aware that results have leveled off over the last few quarters and this is due to the fact that the company continued to invest heavily in growth strategies while regulatory and industry conditions remained challenging. The company will continue to adjust and invest throughout the first half of the current fiscal year. The CannazALL brand recognition initiatives currently being developed will continue to solidify our foothold in the growing CBD marketplace, and we expect improved growth now that favorable legislation has been enacted. With our investment in the company we look forward to improving and expanding our customer support, increasing the speed in which customers receive products, improving our customer online experience, adding new CannazALL CBD products, increasing our advertising budgets and exploring new ad platforms, and announcing phase two of our extremely popular Ambassador Program. The entire staff at HempLife Today is working hard and we firmly believe that we are on the right track to achieve all of our stated goals for the company. Please bear with us as we continue to build the company and we will have lots of exciting news to come, including updates on our name and symbol change which we know you all are waiting for.”
About Ubiquitech Software Corp
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