|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0000 - 0.0001|
|52 Week Range||0.0000 - 0.0066|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 4, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CEO James Ballas states, “This mid year review will help shareholders to better understand our plans for the remainder of 2019 as well as our plans for 2020 and beyond. The Company remains committed to its name and symbol change and will keep shareholders aware of any changes in this status. The new Website will feature new design, images, videos, and more, as well as more payment options, products, information, and of course a major component of the new site will be devoted to the growing Ambassador Program.
We all know that legal cannabis markets are booming and pot is increasingly being accepted into our society. There seem to be countless advertisements courting subscribers to this or that service for marijuana penny stocks that have, allegedly, doubled or tripled in price. But you need to be careful and treat any advertisements touting great investment performance with a grain of salt. I shouldn't have to tell you that this advertising can be very misleading.There can be statements that are technically true, but at best they're misleading … at worst, they're deceitful. Example: If a stock goes from 2 cents to 4 cents then technically it has gone up by 100%. However, this is not the same as a stock going from say $2 to $4 or $20 to $40.Consider the following. When someone buys or sells a stock "at market," they will receive the best price that currently exists in the market. If they are selling, they will get the highest price that anyone in the market is willing to pay. If they are buying, they will get the lowest price that anyone is willing to sell at. Suppose a stock is bid at 2 cents and offered at 4 cents. This means that the most anyone will pay for the stock is 2 cents, and the lowest anyone will sell it for is 4 cents.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, say someone sells 100 shares at the market and hits the bid. The last trade is two cents. Suppose one minute later someone else buys 100 shares at the market and pays the offer price. Now the last trade is four cents. This is +100% from the prior trade. The stock has apparently doubled, but in reality it hasn't moved! And if you paid 4 cents for your investment, you literally need to wait for the stock to double and the bid to become 4 cents just to break even!Just remember that if it seems too good to be true, it probably is. * 10 S&P 500 Stocks to Weather the Earnings Storm Here are four examples of seemingly legitimate companies whose stock prices would suggest otherwise. I'm not saying that you can't make money with them … it's not outside the realm of possibility. But neither is the chance that space aliens will invade tomorrow, enslave us and ship us off to work in some dilithium crystal mines on the other side of the galaxy. But I wouldn't bet on it, just like I wouldn't bet on these stocks.[A word of warning: Due to their extremely low prices these and other penny stocks can be very volatile. This makes them dangerous investments.] Marijuana Penny Stocks: Rocky Mountain High Brands (RMHB) Click to Enlarge The first one is Rocky Mountain High Brands (OTCMKTS:RMHB). RMHB refers to itself as "a publicly-traded, lifestyle brand management company that markets 'good for you' products to health-conscious consumers."It seems to be a "real" company, insofar as it has a decent-enough website and people apparently actually work there. But take a look at the stock.The last trade was at .0044. That is less than one cent!On the chart above, the highest price displayed on the X axis of the price scale is .018 … just under two cents.If you aren't aware of the scale, this chart can be very misleading. If it goes from .0044 to .0088 is that really a double? Is it the same as a stock going from $4.40 to $8.80 or $44 to $88? Absolutely not.Commissions, liquidity constraints and transaction costs will keep this from happening. The stock is not trade-able. Ubiquitech Software (UBQU) Click to EnlargeThis next gem is Ubiquitech Software (OTCMKTS:UBQU). The company considers itself a "multimedia, multi-faceted corporation focused on utilizing state of the art global internet marketing and traditional marketing to drive traffic to multibillion-dollar industries."To illustrate some of the misunderstandings of these types of markets, check out this ridiculous analysis from insiderfinancial.com:"Ubiquitech Software Corp might as well have found a way to reinvigorate its ailing prospects having taken a significant hit. The company is in the process of changing its name and has also decided to forego its cryptocurrency ambitions all in the effort of focusing on the hemp business. HempLife Today is the proposed name change that the company believes reaffirm long-term ambitions and plans.The restructuring drive appears to have caught investors' attention given the increased trading activity around the stock in recent trading sessions. While the stock is still languishing at all-time lows having lost more than 80% in market value, a high turnover in traded shares could as well signal a change in the direction of trade.The stock has started showing signs of bottoming out having spiked by more than 60% in recent trading sessions. After the recent spike higher, the stock faces immediate resistance at the $0.006 level on further movements on the upward.A rally followed by a close above the critical resistance level should reaffirm the emerging uptrend, setting the stage for the stock to continue climbing high. Below the $0.006 resistance level, the stock remains susceptible to further declines given the underlying bear trend and the fact that short sellers are still in firm control". * 10 Best Stocks to Buy and Hold Forever You have got to be kidding me. Resistance at six-one thousandths of a share? Short sellers in control? Apparently whoever wrote this drivel doesn't realize that in order to short a stock it needs to be marginable. Penny stocks are not marginable, so there are no short sellers in this market. Again, this stock is not tradeable and this analysis is completely invalid. GrowLife (PHOT) Click to Enlarge This is GrowLife Inc (OTCMKTS:PHOT). They say they are "a nationally recognized cultivation brand" that deals in hydroponics. Hydroponics are essentially a way of growing cannabis without soil, but with water, sand or even gravel. GrowLife provides this equipment to the grow houses that, well, grow the pot. They also supply lighting and "other cultivation supplies" for use in many environments, including for commercial use.The last trade was at .008. If it "rallies" to .016, did it really a double? On paper "yes." But as I mentioned earlier, percentages can be tricky, as they mask the true value when used in a misleading way. I'd much rather see a stock like Roku (NASDAQ:ROKU) double.In real life, could you actually make this trade with a meaningful amount of money? Not a chance. Green Cures & Botanical Distribution (GRCU) Click to Enlarge Last, but certainly not least we have Green Cures & Botanical Distribution Inc (OTCMKTS:GRCU). According to its website, Green Cures deals in infused drinks, which it considers "nutritional, botanical, sports and body care products." It doesn't have a brick-and-mortar retail presence, and it is currently focused on online sales to generate sales."From concept to production and distribution, Green Cures & Botanical Distribution Inc., is continuously creating and introducing products that promote a healthy lifestyle." Yeah, sure. One look at the stock and you'll think otherwise. * 7 Stocks to Buy for Spring Season Growth GRCU stock closed at .0029. If you wanted to invest $20,000 in it -- and were actually able to buy it -- you would be long 6,900,000 shares. That is more than 10 days worth of the average daily volume! It would not be possible to trade that many shares without affecting the price.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 4 Marijuana Penny Stocks That Could 'Double' appeared first on InvestorPlace.
DENVER, CO, March 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (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. 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.
Denver, CO, Feb. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp, through its subsidiary HempLife Today™, is announcing to shareholders that sales from its popular new Wholesale/Ambassador program more than tripled over the period from November 15th 2018, through January 31st 2019, with sales of over $50,000 in January alone. Through this initial test period the Company surpassed its initial target of 500 registered Ambassadors. The Company achieved this growth through offering the Wholesale/Ambassador program to its customer base as well as a growing online advertising campaign and through social media.
Denver, CO, Feb. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp, through its subsidiary HempLife Today™, is giving shareholders an update on its third-party verification of all CannazALL™ CBD products derived from hemp. First announced on February 22nd, 2017, third-party verification has been available on demand as customers have requested, and the Company is now ready to go forward with its original plans to have third-party verification available on the HempLife Today™ Website, as well as on its new Ambassador Member areas. The Company delayed this important feature as it was advised by counsel to await the legal outcome of hemp legislation in the US.
Denver, CO, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is giving shareholders an update on its Search Engine Optimization progress and additional SEO plans for 2019 and beyond. First announced in news on August 29th 2018, the Company hired an SEO specialist in order to improve and dominate the hemp CBD space for its popular growing brand of CannazALL™ CBD products. Since that time the Company has made great strides towards its targeted goals of additional organic Web traffic.
DENVER, CO, Jan. 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is informing shareholders that it is currently in production with two new additional sales videos featuring CEO James Ballas. As on camera talent for over 25 years and featured in over 200 Direct Response television and radio commercials as well as many industrial videos, product spokesman presentations, and voice over work. James is no stranger to the camera, and in his career has offered products on DRTV from camping equipment, outdoor products, kitchen items, and even guitars signed by Paul McCartney, Eric Clapton, The Who, and more, and the Company plans to use him more extensively in 2019.
Denver, CO, Jan. 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is informing shareholders that it will activate and go live with its Online Ambassador Sales Portal the week of the 21st. With the Online Ambassador Sales Portal HempLife Today™ Wholesale/Ambassadors will have the option of pushing online sales of CannazALL™ hemp derived CBD products directly to their own Webpage, supplied by HempLife Today™, and have HempLife Today™ package and ship the orders for them. With the Online Ambassador Sales Portal, Wholesale/Ambassadors will also have their own account and dashboard, where they can track sales and commissions earned giving them full control as they build their business and customer base.
Denver, CO, Jan. 16, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™ is informing shareholders, and giving them the first look, of its new video highlighting the 2018 Farm Bill legalizing hemp in the United States. The Company produced this video in order to bring more awareness of the Farm Bill, what it means to the industry, and to bring additional awareness to HempLife Today™ and its CannazALL™ brand of hemp-derived CBD products. The Company believes this video will help educate the general population on the importance of the 2018 Farm Bill, and tie this favorable new legislation to HempLife Today™ and the CannazALL™ brand.
DENVER, CO, Jan. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLifeToday.com, today announced a new funding relationship with a New York firm to help ensure that 2019 growth initiatives are met, coupled with better inventory pricing. This debt is not convertible into free trading stock of the company for two years. As a condition to the funding arrangement the company increased its authorized shares to meet the reserve requirement of the loan covenants. Although a significant amount of shares will be on reserve, they will not be issued unless the lender elects to convert.
Denver, CO, Jan. 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU) is updating shareholders on the progress of its name and symbol change to HempLife Today™. The Company announced on December 12, 2018, that it had retained a law firm specializing in name and symbol changes for companies trading on the OTC, and the Company is currently working to expedite this process so that the name and symbol change takes place as quickly as possible.
Denver, CO, Jan. 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is announcing to shareholders that it is increasing its direct mail campaigns for its popular new Wholesale/Ambassador program across all of its customer databases. Through direct mail campaigns the Company can reach virtually all of its databases of HempLife Today™ customers and invite them to become Wholesale/Ambassadors through the HempLife Today™ Website. Once paid and registered, a new Ambassador is given instant access to the Company’s wholesale pricing and also receives CannazALL™ CBD brochures, business cards, customer support, and access to Phase 2 of the program announced on December 20th, 2018.
DENVER, CO, Jan. 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is releasing a complete update for 2019. This update includes all aspects of the Company, its progress, and outlook, so that shareholders have a better understanding of the Company goals. CEO James Ballas states “We wanted to kick off the new year by telling all of our shareholders the exciting plans we have for 2019, and to also use this release as a template for tracking our progress throughout the year.
Denver, CO, Dec. 21, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is acknowledging the 2018 Farm Bill signed into law by President Donald J. Trump at 4 PM Eastern on Thursday 12.20.2018. This historic bill ends the prohibition on hemp and hemp derived products and now makes them a legal agricultural commodity in the United States. Because of the 2018 Farm Bill HempLife Today™ will have all previously stated opportunities available in 2019.
Denver, CO, Dec. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is announcing Phase Two of its popular new Wholesale/Ambassador program. First announced on November 5th, the Wholesale/Ambassador Program allows those who successfully register to become a wholesale agent of the Company, with the ability to purchase all CannazALL™ hemp derived CBD products, for resale and personal use, at wholesale pricing. The Company stated in the news from November 5th a goal of 10,000 active Wholesale/Ambassadors within the next 5 years.
Denver, CO, Dec. 18, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its subsidiary HempLife Today™, is seeking to keep shareholders informed of the new industry favorable legislation, and what this can do for the Company and its quality brand of USA grown and formulating CannazALL™ CBD products derived from hemp. Last week, Congress agreed to the final version of the 2018 Farm Bill, and President Trump is expected to sign the legislation within days. With this new favorable legislation, the Company expects key areas that have been more challenging since the Company took its first order in December of 2014, to become more accessible and friendly to the industry.
Denver, CO, Dec. 14, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), is formally announcing to shareholders that it has retained a law firm to officially file a name change to HempLife Today™. The Company believes that due to the new positive federal legislation under the new 2018 Farm Bill, expected to be signed into law this month, and the growing HempLife Today™ brand of CannazALL™ CBD products, the time has come to officially change the Company name to HempLife Today™, and the new symbol will be announced once approved. The Company has retained the services of a legal team that specializes in name changes for OTC stock companies, and is now working with this team to expedite the said name change as quickly as possible.
Denver, CO, Dec. 11, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLife Today™, is bringing awareness to shareholders of the impending 2018 Farm Bill that could be signed as early as this week. The bill would legalize hemp cultivation and could be a catalyst for explosive growth in the hemp and CBD Oil industry, that some forecast could top 20 billion by 2022. The hemp legislation introduced by Senate Majority Leader Mitch McConnell, R-Ky., earlier this year also allows states to become the primary regulators of hemp cultivation, enables researchers to apply for federal grants and makes the crop eligible for crop insurance.
Denver, CO, Dec. 03, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLife Today™, is announcing the addition of its new Benevolence Program targeted for the over 2 million active duty and reserve military personnel, and the over 2 million police and firefighters in the United States. Through this new program, all persons who meet Company criteria will be able to purchase CannazALL™ Hemp derived CBD products at below wholesale prices, with no minimums and no obligations. The Company offers this new program in order to get more CannazALL™ products to those who can benefit, and since the Company's beginning, military persons and first responders have been one of the largest segments of persons reporting by using CannazALL™ Hemp derived CBD products.
This special discount code is available to all CannazALL™ customers, new orders, shareholders, and friends and family. The Company encourages all shareholders to post this discount on all social media and to alert friends and family as well.
Denver, CO, Nov. 26, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLife Today™, is giving shareholders this update on the progress of its National branding campaigns for its popular CannazALL™ brand of Hemp derived CBD products. Under the CannazALL™ brand, since 2015, the Company has sold over $10,000,000 of hemp derived CBD products, introduced over a dozen new CannazALL™ products, acquired over 60,000 customers and registrations, expanded production capabilities to meet future demand, created new advertising and awareness platforms, delivered over 55,000,000 milligrams of USA grown and formulated CBD, and expects 2019 to be its first breakout year in awareness, new customer acquisition, and gross sales.
Denver, CO, Nov. 14, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLife Today™, is giving shareholders this update on the progress of its Search Engine Optimization (SEO), for its Website www.HempLifeToday.com. First announced to shareholders on August 29th, 2018, the Company is already seeing positive results and believes that SEO will play a strong role in creating greater retail sales volume as the Company moves into 2019, 2020, and beyond. Because of this, the Company is committed to continuing a robust SEO presence.
Denver, CO, Nov. 09, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLifeToday.com, is announcing the launch of new advertising campaigns for its CannazALL™ brand of Hemp derived CBD products, and new Wholesale/Ambassador Program first announced on 11.06.2018. The Company expects these new campaigns to significantly boost both retail, and Wholesale Ambassador sales in 2019. The Company’s market testing has shown excellent ROI per advertising dollar spent, and the Company expects to improve ROI as advertising budgets increase for these platforms.
Denver, CO, Nov. 06, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLifeToday.com, is announcing the launch of its much anticipated new wholesale distributor program, with Company projections of over 10,000 active Wholesale Distributor “Ambassadors” over the next five years. First announced on July 24th 2018, the new Wholesale Ambassadors program was officially launched this past Friday, the 2nd, and is off to a brisk start, with Social Media campaigns, paid campaigns, Direct Mail, and in-house marketing to the HempLife Today™ customer base to follow.