News about fresh marketing opportunities on a grand scale can sometimes be a significant positive for many companies. Hence, it may be a good move to take a look at the announcement from Ubiquitech Software Corp’s (OTCMKTS:UBQU) fully owned subsidiary CannazALL yesterday.
Trading Data
On Monday, UBQU stock ended flat at $0.0002 with more than 326.24 million shares, compared to its average volume of 153.41 million shares. The stock moved within a range of $0.0001 – 0.0002 after opening trade at $0.0001.
Cannazall(TM) Announces Approval from Hearst Media to Run Short-Form Streaming Television Infomercials for its Popular Line of Hemp Derived CBD Products
CannazALL announced yesterday that it had been provided the much needed approval from Hearst Media Group and Hearst Communications to run Direct Response television infomercials for its hemp based CBD products, which have gained in popularity. It should be noted that Hearst Media Group and Hearst Communications is one of the biggest media operation in the world and the latest development could be a shot in the arm for the company’s marketing campaign.
At this point in time, CannazALL is working on the production of its one minute and two minute long infomercials which are going to be featured in ‘The Miracle of CBD’ on Hearst streaming media. In addition to that, those infomercials are also going to inform the viewer about the different options they have with regards to actually ordering the product. James Ballas, the Chief Executive Officer of the company, noted that it had always been the goal of the management to move into Direct Response Television marketing.
Key Quote
CEO James Ballas states “It has always been a goal of the Company to move into the Direct Response Television space as soon as we were able to and now is that time. With our exciting new arrangement with Hearst Media we will be reaching into the CBD market deeper than ever before with our messaging and we believe this media opportunity is perfect for our brand awareness and sales. We look forward to getting started and scaling these campaigns as quickly as possible”
Technical Data
UBQU stock is trading above the 20-Day and 50-Day Moving averages of $0.0002 and $0.0002 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0002.
