Ultrack Systems Inc (MJLB)

[motionjoe]

thx for ur feedback.

without having done much DD, i can't answer many of the quantitative questions. likely won't be much though given where the company is in its formation.

qualitatively, i'm looking at it as a potential investor, one who hasn't had to endure the dilution. it's appealing bcz it is in a state where the laws may be changing, it is in a space where traditional vice companies (alcohol n tobacco companies) cannot play due to the laws, n it is round 3 of the mj craze--where manufactured runs will be less the reason for runs n where, imo, runs will be predicated on legit plays.

in general, i find it funny when folks throw numbers n ratios into the discussion when discussing pennies. now, i agree that numbers n ratios are important n are the language of investors, but their importsnce are minimized in pennies. pennies are pennies for a reason.

with all of that said, still thinking things through. time will tell n glta.

all of this is imo only.