UBIQUITY, INC. (OTCMKTS:UBIQ) Files An 8-K Other Events

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UBIQUITY, INC. (OTCMKTS:UBIQ) Files An 8-K Other Events

Item 8.01 Other Events.

Suspension of Trading

On March 20, 2017, the Securities and Exchange Commission (SEC)
announced the temporary suspension of trading in the securities
of Ubiquity, Inc., a Nevada corporation (the Company or Ubiquity)
(OTC Link: UBIQ), to Section 12(k) of the Securities Exchange Act
of 1934 (Exchange Act). The trading suspension commenced at 9:30
a.m. EDT on March 20, 2017, and terminates at 11:59 p.m. EDT on
March 31, 2017. The trading suspension may be extended by the SEC
for a period of up to thirty (30) calendar days.

The SEC stated the following in its release (Release No. 80275)

The Commission temporarily suspended trading in the securities of
Ubiquity due to a lack of current and accurate information about
the company because Ubiquity is delinquent in its requisite
periodic filings with the Commission to Section 13(a) of the
Exchange Act and Rules 13a-1 and 13a-13 thereunder. This order
was entered to Section 12(k) of the Exchange Act.

Periodic Reports that Have Not Been
Filed

Ubiquity has not filed its Annual Report on Form 10K as of, and
for the annual periods ending December 31, 2015 and December 31,
2016, respectively; or any of the quarterly reports on Form 10Q
required under the Exchange Act for 2016. The Company has not
been able to obtain the requisite financial information from a
non-U.S entity that the Company consolidated in order to prepare
financial statements and other disclosures that are required to
be included in these Exchange Act reports. As a result of this
significant issue, the Company could not have confidence that
such disclosures would be true and correct in all material
respects, despite the Companys diligent efforts to obtain such
information from its non-U.S. entity.

Administrative Hearing that May Result in Revocation
of Registration Under the Exchange Act

Additionally, on March 20, 2017, Ubiquity was named as a
respondent in an Order Instituting Administrative Proceedings and
Notice of Hearing to Section 12(j) of the Exchange Act, File No.
3-17884 (the Order). The SEC stated in the Order,

In view of the allegations made by the Division of Enforcement,
the Commission deems it necessary and appropriate for the
protection of investors that public administrative proceedings be
instituted to determine [among other things]: B. Whether it is
necessary and appropriate for the protection of investors to
suspend for a period not exceeding twelve months, or revoke the
registration, of each class of securities registered to Section
12 of the Exchange Act of the Respondent, and any successor under
Exchange Act Rules 12b-2 or 12g-3, regardless of corporate name.

A related Administrative Procedures Ruling was issued on March 21
and provides that the administrative hearing will be held on
April 17, 2017. A pre-hearing conference will be scheduled as
required under this Administrative Procedures Ruling.

If Ubiquitys registration under Section 12(j) of the Exchange Act
is revoked, then Ubiquitys periodic reporting obligations under
the Exchange Act will terminate and the trading of Ubiquitys
securities will cease unless Ubiquity is able to otherwise
register its securities.

The Company is assessing its best course of action under the
current circumstances to preserve the value of the Company for
its shareholders, including participation in the administrative
hearing. There can be no assurance that Company will be able to
prevail at the administrative hearing or that the registration of
each class of its securities registered to Section 12 of the
Exchange Act will not be revoked.

Appointment of New Transfer Agent

In March 2017, the Company terminated V Stock Transfer Company as
its transfer agent and appointed Transfer Online as its transfer
agent. Transfer Online provides free online access for
stockholders to retrieve account information, share balance and
history of transactions. Transfer Online provides the following
information to stockholders:

view edit shareholder account information,
view stock holdings,
view process proxy votes, and
the ability to download commonly used forms.

Ubiquity has been informed by Transfer Online that it will
distribute a stockholder information packet with instructions on
how to create an online account. Each Company stockholder will
then be sent an e-mail assigning a password. Stockholders may
contact Transfer Online at [email protected] or by calling
the Transfer Online help center at 503.227.2950, and asking for
the Companys dedicated account executive, Carolyn Hall.


About UBIQUITY, INC. (OTCMKTS:UBIQ)

Ubiquity, Inc. is focused on providing a platform, which enables anyone to connect to Internet-based content on any type of device. The Company’s signature product is the Sprocket. The Sprocket can be downloaded onto any type of device (such as mobile phone, tablet, laptop) and then customized to provide the user with access to all Web-based content, social media outlets, video-based content, private networks, social networks, personalized files, intelligent search, and virtually all other media. The Sprocket also provides detailed analytics and data on the end users, delivering value as a marketing tool to the content providers and advertisers. The Company has various products that function on the Sprocket platform, such as GiftSender (a mobile wallet); Monkeybars (a social mobility distribution platform), and its video search engine. The Company also has video intelligence software, which it proposes to sell to government customers.

UBIQUITY, INC. (OTCMKTS:UBIQ) Recent Trading Information

UBIQUITY, INC. (OTCMKTS:UBIQ) closed its last trading session 00.000 at 0.280 with shares trading hands.