There were a fair number of stocks that had managed to clock significant gains on Thursday and one of the more notable gainers was the Ubiquitech Software Corp (OTCMKTS:UBQU) stock, which ended the day with gains of more than 100%.
Trading Data
On Thursday, UBQU stock surged 104.08% to $0.0002 with 64.96 million shares, compared to its average volume 130.84 million shares. The stock moved within a range of $0.0001 – 0.0002 after opening trade at $0.0001.
CannazALL(TM) Offers Corporate Update on its Plans to Capture Greater Sales in Multi-Billion Dollar Hemp CBD Industry
In light of such massive gains, it may be a good move for investors to take a closer look at the development from yesterday which led to such gains. Yesterday, Ubiquitech Software Corp provided a corporate update through its operating subsidiary CanazALL. The update was with regards to the progress that the company had made in the highly lucrative hemp-based CBD industry.
The update was provided by the Chief Executive Officer of the company James Ballas. Ballas noted that since the beginning of the year the company expanded the CanazALL brand considerably and brought out as many as 35 new high-quality CBD products.
He went on to note that fast shipping through Priority Mail had also made it possible for the company to get its products to customers within 2 to 3 business days from the day of ordering. Back on June 6 this year, the company had also launched a new eCommerce store front, he added.
Key Quote
CEO James Ballas “As we get through the summer and closer to Labor Day weekend, I wanted to take this opportunity to give an update to shareholders on all the progress the Company has made so far this year, what our goals are moving forward, and where we project to be in 2023. Much of this was released in news back in June but I want shareholders to get this information directly from me and in this format as I am very excited about the direction of the Company.
