Ubiquitech Reports 400% Earnings Gain; First Quarter Revenues Increase 135% as SEO Traffic Increases Dramatically and Company Lowers Prices and Ads Rewards Program
(firmenpresse) - DENVER, CO -- (Marketwired) -- 04/20/16 -- Ubiquitech Software Corp. (OTC PINK: UBQU), through its operating subsidiary HempLifeToday.com, is announcing its first quarter financial results. Revenues for the quarter ended February 29, 2016 increased 135% from $297,250 in the first quarter of last year to $697,640. Earnings increased 400% from $12,697 in the first quarter of 2015 to $63,511 in the first quarter of 2016. Hemp Life Today is known for developing the purest and most potent CBD Hemp derived products available under the proprietary CBD brand CannazALL™
The company continues to grow its revenues and increase margins as it progresses toward its goal of $10,000,000 in revenues during 2016. The company has efficiently lowered prices to consumers in order to be the leader in quality USA grown CBD products and drive traffic to its web portal . As a result of the Company''s exponential growth in online content, HempLifeToday is experiencing rapid growth as well, with organic sales from SEO traffic accounting for over 40% of orders in March. This is up 1,000% over March of 2015 and is projected to continue doubling or tripling every month throughout 2016.
One of the main catalysts feeding the content on the Internet is the "buzz" concerning the price reductions the Company has implemented. As previously reported, these price reductions are due to the incredible growth of the Company, its growing production capabilities, its expanding network of domestic partnerships, and the ability to source more quality Cannabidiol (CBD) products at lower costs from within its network of Grow Partners. As a result, HempLifeToday has been able to pass significant savings on to consumers.
In addition to the enormous growth in SEO traffic and the incredible price reductions, the build out of the companies affiliate program is progressing on schedule and is expected to contribute significantly to revenue and earnings during the second half of 2016. The company has also instituted a popular Rebate/Rewards program that gives customers a generous $25 Rebate/Reward for every $250 in products purchased. This program continuously engages the customer and offers an incentive to continue using the CannazALL™ brand.
"The progress made over the past two years has been incredible," said Tim Zorn, CEO of HempLifeToday. "We continue to execute our business plan, and provide superior product to our customers at very competitive prices. We are in the early stages of consumer discovery of the benefits of CBD oil. The company is positioned to participate in the enormous future potential of the growth in sales of CBD related products."
About Ubiquitech
Ubiquitech Software Corp., through its subsidiaries is a dynamic multi-media, multi-faceted corporation utilizing state-of-the-art global internet marketing, Direct Response (DRTV) Television, Radio, and traditional marketing, to drive traffic to the new and emerging multi-billion dollar industries like its subsidiary HempLifeToday.com™
HempLifeToday™ focuses on the exciting and dynamic new thinking in the world today that recognizes the important health and life enriching enhancement that CBD Oil from the Hemp plant can bring. Through its network of quality USA growers HempLifeToday.com™ has developed four CannazALL™ CBD oil products that include; It''s popular CBD Tinctures, Oils, Capsules and e-liquid
This press release contains forward-looking statements. Words such as "expects", "intends'''', "believes'''', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company''s filings with the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Datum: 20.04.2016 - 06:00 Uhr
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News-ID 1429289
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