Business
Ubiquitech Second Quarter 2017 Revenues Increase 56% From the Previous Year, Net Income Increases In Excess of 75%
Ubiquitech Second Quarter 2017 Revenues Increase 56% From the Previous Year, Net Income Increases In Excess of 75%.
About this update from Ubiquitech Software Corp.
[{"type":"text","content":"\n \n \n Ubiquitech Second Quarter 2017 Revenues Increase 56% From the Previous Year, Net Income Increases In Excess of 75%\n \n \nUbiquitech Second Quarter 2017 Revenues Increase 56% From the Previous Year, Net Income Increases In Excess of 75%\n \n DENVER, CO--(Marketwired - Jul 17, 2017) - Ubiquitech Software Corp. (OTC PINK: UBQU), through its operating subsidiary HempLifeToday.com, today announced its second quarter 2017 financial results. Revenues for the quarter increased to $1,038,371 from $664,106 during the prior year period, and earnings increased to $73,101 from $41,777 during the second quarter of 2016.\n The company credits continued awareness of the benefits if CBD oil derived from hemp, increased exposure and demand for its USA grown and formulated CannazALL™ brand hemp CBD products, attention to customer service, and innovative marketing initiatives for the increase in sales and profits. The company anticipates continued new product offerings during the balance of 2017.\n CEO James Ballas said, \"While we are very happy with our growth we always want to do better, and this year to date we've put a lot in place to create even greater growth moving forward. In fact, we are really looking at 4th quarter being our strongest growth curve ever as what we have put in place will have come to full fruition by then, as much of our marketing takes a little time to get geared up, but once it does it continues to grow and we have proven we can do this very profitably. We believe we are building this Company the right way and we will continue on this path.\n COO Luke Dreyer added, \"We believe that to continue to succeed all we have to do is get our CannazALL products into the hands of more and more people, as our products are so high quality the more people using them, the more new customers we get. This is why we have invested so much in our free trial offer, and our referral program, as our customers recommend us to others at a very robust level as well. This is why we strive to produce the finest products that we can and stand behind them with our guarantee. We believe in our products and we believe in what we are doing, and it is this belief that will continue to propel this Company forward.\n Complete quarterly financial results for the company have been posted to OTCMarkets.com.\n About HempLife Today™\n He...