Ubiquity Broadcasting net revenues down for Q3

Ubiquity Broadcasting Corp. (OTC: UBIQ) said its third quarter 2013 net revenues were USD19,800 as compared to USD103,865 for the same period last year.

Total operating expenses for the quarter were USD2,367,870 compared to USD1,242,247. Net loss was USD2,348,070, or USD0.04 per diluted share, compared to a net loss of USD1,138,367 for the same period last year.

For the nine month period ended September 30, 2013, revenues were USD58,787 compared to USD219,696. Total operating expenses were USD6,291,045 compared to USD3,879,618. Net loss was USD6,202,258, or USD0.10 per diluted share compared to a net loss of USD3,645,444, or USD0.08 per diluted share for the same period last year.

Based in Irvine, California, Ubiquity Broadcasting Corp. is a technology focused media technologies company that owns a portfolio of intellectual property relating to Internet, Social Media and Cloud-Based applications, where it also owns and operates an in-house, state-of-the-art production facility. For more information go to www.ubiquitycorp.com.

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