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I'm looking @Q1 2022 for MJLB mega gainz...
Meaty PR would do Wonders to Kick-start Penny-Season...
Nice @sk-Slappage..Time 2Start Rollin this Puppy back2 DOUBLE-DIGITz...
One great things that will come from this is the front-loading Traders that have been Preying on the Inexperienced Investors, will No Longer have these unreporting Scam/Shell Stocks to frontload anymore...
Anyone who does Not know about the NEW SEC Rules that go into effect Sept. 28th, and the New Rules that have already went into effect during the past year, it would DO YOU WONDERS To Research these New Much needed Rules.
OTC Stocks that are not Current in their filings will be deleted, Sept. 28th is the day this Particular New SEC Rule goes into effect.
Obviously this does NOT include Ultrack/MJLB, bcuz MJLB has kept up their filings. BUT...
The BIG Picture, what this means is that the OLD OTC way of trading is about to Cease to Exist as we have known it for DECADES! This Rule should have been Implemented Decades ago, NO MORE SCAM STOCKS WILL BE PUBLICLY TRADED After Sept. 28th without being Current in their Filings.
If a OTC Stock is Not Current with their Filings, they will be Deleted. This Levels the Playing field for Traders/Investors. The ONLY Stocks that will be available to be Publicly traded will be the Legit "Real Deal Stocks"
Also, the Rules have changed for the "TOXIC DEATH SPIRAL LOAN INDUSTRY" The Bastards who have been responsible for Decades of devastation of Small/Micro-cap Stocks.
I have studied & followed the Toxic Finance Industry for almost 25 years, between 2003-2008 I worked for numerous OTC Companies helping them get out from underneath the Toxic Loan agreements they signed without knowing Exactly what they were getting themselves into.
Late 90's early 2000's many OTC CEOs signed Toxic Loan agreements without having Proper Legal Counsel to explain exactly what they were signing, only to watch their Stock get Massively Short sold, as the Toxic lender "LENT THE COMPANY THE COMPANIES OWN CASH, THAT THE LENDER 'OBTAINED' FROM SHORT SELLING THEIR OWN CLIENTS STOCK"!
Hard to believe that this was ACTUALLY LEGAL IN THE USA 20 YEARS AGO... This dark chapter in the History of the OTC in the USA is Finally Changing for the benefit of Traders/Investors.
This is why I keep posting that Q4 2021 and Q1 2022 could be some of the Best Trading the OTC has ever seen?
IMO, Q1 2021 Was just a Taste of what's coming to the OTC...
This is why I picked a handful of Real Deal OTC Stocks in late 2020/early 2021 and Went Long on them, MJLB is one of my biggest OTC Long positions...
MJLB Shorted-&-OverSold..4thQ-2021..Sept. 28th Deletion Day=only Real Deal OTC companies will be left to trade...
Game time coming up..MJLB NEED's THAT Certification ASAP.......
Dec..2021 thru Feb..2022 MJLB gonna make All-Time Highs...IMO
OTC Summer Doldrums ends Sept..28th..Rocktober starts after...IMO
Totally Agree DD..New OTC Playing-field coming..4thQ should Rock...
Check this out, this is OT but really cool, back in early April, 2 orphaned baby squirrels got blown out of their nest in a storm in our woods here. a Female cat of mine carried the 2 baby squirrels to my door like they were baby kittens. One died but one lived, I bottle fed it 3-4 times a day til it could eat on it's own, here are early April and last week pics...
We found their mother dead...
April;
Last week;
Last week was nasty..stayed in the A/C all week...
12-Months or-more=much lower Capital gains taxes..Mikey likes it...
Summer Vacatn almost over...lol
I've been holding since Dec..10-11th 2020..2.4mil on those 2 days anyways..many more buys since then, but that's my core position...
The PAYTient will be Rewarded here..YUGELY Rewarded...IMHO
Dilution Pollution dragging this one down...
Wash rinse repeat...
Gettin cheap again...
They have expanded into Europe now, so IMO as soon as Certification hits MJLB should see a nice big spike is sales, and therefor monthly revs as well...
RSI @11.56 Still WAY Oversold...
Ultrack Systems="MJLB" Reports A-Q2 227% Jump In Revenue To $162,055 And Net Gain For The Period Vs. Loss Last Year
https://topnewsguide.com/2021/08/13/ultrack-systems-otcmkts-mjlb-reports-a-q2-227-jump-in-revenue-to-162055-and-net-gain-for-the-period-vs-loss-last-year/
Posted By Admin on August 13, 2021
Ultrack Systems (OTCMKTS: MJLB) reported a 227% jump in Q2 revenue, the three months ended June 30, 2021, to $162,055 vs. $49,415 the comparable period the prior year. The filing with the OTC of unaudited financials also showed a net gain the the three months of $16,550 compared to a net loss of $152,254. The primary difference in the period was a reduction in officer compensation to $9,222 compared to $151,500 last year — a $142,278 decline.
MJLB is ready to receive its certification in Canada and USA for its DrivelineELD product. It is also planning to enter the European trucking fleet market. Ultrrack Systems (OTCMKTS: MJLB) is a GPS tracking company which has announced plans to achieve strategic expansion within the European fleet market with the Teltonika line of products.
MJLB stock closed yesterday at $0.0637, down 4.93% in light volume of 225,603.
The only new expense item listed of importance in Q2 2021 vs. last year was $51,391 for consulting.
In a series of tweets, MJLB has unveiled a new corporate vision website and has tweeted regarding completing in-house testing this week and said it has fixed any major/medium/minor bugs in its product. “We have also been adding a 2-way messaging system from the backend server to vehicle. Just added another benefit for our clients.” Prior, it made news when it announced it would begin shipments this week its upgraded solar-powered Dry Van Tracker. It will have a 4/5G/LTE improved solar panel and housing plus improved battery capacity. In a corporate tweet, MJLB said it was planning for initial shipments of the product to begin in early August.
MJLB said it is making progress on USA-Canadian simultaneous certification as well as entering the European market with the addition of the ‘Teltonika’ product line. Investors have been awaiting news on North American certification on its flagship Ultrack DriveLine. MJLB has submitted paperwork with a new government testing agency, with the new testing certifying DrivelineELD for the USA and Canada markets simultaneously.
MJLB announced it is entering the key European fleet market. MJLB unveiled plans to enter the European fleet markets with Teltonika hardware. See more at https://teltonika-networks.com This company makes routers, modems, gateways, switches and IoT platforms.
Ultrack CEO Michael Marsbergen said, “We are in the process of adding the complete Teltonika line of products to our fleet tracking platform which opens up a huge market in Europe.” He added that once the Company’s North American certification is in place, MJLB plans to adapt its Driveline ELD to the European market and using the Tachograph mandate in keeping a record of driver hours based on the data from the engine control module from the trucks.
Marsbergen added, “One Driveline ELD device will perform multiple protocols and change between Canadian and USA mandates automatically upon border crossing. I maintain that our device will be an industry disruptor and likely to become the new standard in fleet tracking and management. Our product simply does more while offering easy options for using different options.”
Ultrack Systems "MJLB" Reports A-Q2 227% Jump In Revenue To $162,055 And Net Gain For The Period Vs. Loss Last Year
https://topnewsguide.com/2021/08/13/ultrack-systems-otcmkts-mjlb-reports-a-q2-227-jump-in-revenue-to-162055-and-net-gain-for-the-period-vs-loss-last-year/
Posted By Admin on August 13, 2021
Ultrack Systems (OTCMKTS: MJLB) reported a 227% jump in Q2 revenue, the three months ended June 30, 2021, to $162,055 vs. $49,415 the comparable period the prior year. The filing with the OTC of unaudited financials also showed a net gain the the three months of $16,550 compared to a net loss of $152,254. The primary difference in the period was a reduction in officer compensation to $9,222 compared to $151,500 last year — a $142,278 decline.
MJLB is ready to receive its certification in Canada and USA for its DrivelineELD product. It is also planning to enter the European trucking fleet market. Ultrrack Systems (OTCMKTS: MJLB) is a GPS tracking company which has announced plans to achieve strategic expansion within the European fleet market with the Teltonika line of products.
MJLB stock closed yesterday at $0.0637, down 4.93% in light volume of 225,603.
The only new expense item listed of importance in Q2 2021 vs. last year was $51,391 for consulting.
In a series of tweets, MJLB has unveiled a new corporate vision website and has tweeted regarding completing in-house testing this week and said it has fixed any major/medium/minor bugs in its product. “We have also been adding a 2-way messaging system from the backend server to vehicle. Just added another benefit for our clients.” Prior, it made news when it announced it would begin shipments this week its upgraded solar-powered Dry Van Tracker. It will have a 4/5G/LTE improved solar panel and housing plus improved battery capacity. In a corporate tweet, MJLB said it was planning for initial shipments of the product to begin in early August.
MJLB said it is making progress on USA-Canadian simultaneous certification as well as entering the European market with the addition of the ‘Teltonika’ product line. Investors have been awaiting news on North American certification on its flagship Ultrack DriveLine. MJLB has submitted paperwork with a new government testing agency, with the new testing certifying DrivelineELD for the USA and Canada markets simultaneously.
MJLB announced it is entering the key European fleet market. MJLB unveiled plans to enter the European fleet markets with Teltonika hardware. See more at https://teltonika-networks.com This company makes routers, modems, gateways, switches and IoT platforms.
Ultrack CEO Michael Marsbergen said, “We are in the process of adding the complete Teltonika line of products to our fleet tracking platform which opens up a huge market in Europe.” He added that once the Company’s North American certification is in place, MJLB plans to adapt its Driveline ELD to the European market and using the Tachograph mandate in keeping a record of driver hours based on the data from the engine control module from the trucks.
Marsbergen added, “One Driveline ELD device will perform multiple protocols and change between Canadian and USA mandates automatically upon border crossing. I maintain that our device will be an industry disruptor and likely to become the new standard in fleet tracking and management. Our product simply does more while offering easy options for using different options.”
According to the filing, alot of it is from a decrease in salary pay, but obviously sales are up and much more so after Certification finally takes place...
But what's really going to make a big difference on the OTC IMO, is after Sept. 28th when the SEC Rules kick-in and Major deletions of non-reporting Tickers get deleted, the ONLY OTCs that Traders will be able to trade, will be the "REAL DEAL" Stocks like MJLB etc.etc.
ALL the non-reporting Scam stocks will be gone, forcing traders to trade OTC stocks that are Above board, and IMO stocks like MJLB will start seeing alot more action/volume...
Back to Double Digits Coming..Q4 Gonna be Awesome..IMHO...
MJLB Q2 227% Jump in Revenue Growth..SHARE PRICE GONNA CATCH-UP SOON!!!
MJLB Tweet; We are on target to re-submit the DrivelineELD Friday of this week for Certification in Canada and the USA. Backend server is being upgraded to accommodate the 2-way messaging feature. The future is very bright and not long now!
$MJLB We are on target to re-submit the DrivelineELD Friday of this week for Certification in Canada and the USA. Backend server is being upgraded to accommodate the 2-way messaging feature. The future is very bright and not long now!
— Ultrack Systems Inc. (@UltrackI) August 9, 2021
MJLB should be trading @MINIMUM..$0.15-.20
Awfully Low Float to Price ratio here...
Looks like Cup & Handle pattern on daily-chart...
ENMI in freefall -70% unreal..waiting for bottom...
This POS is still trading??
What happens when the O/S-A/S gets maxed??
Sept..28th Deletion D-Day..coming up quick...
Finally current..But hefty Float=9,348,342,976=06/21/2021
Good this's current..BUT Dam; Outstanding Shares==226,828,797,262 = 06/30/2021 Authorized Shares = 1,000,000,000,000 = 04/21/2021
Sept..28th coming up quick..click Deleted...
Reload time??..This moves on low-volume at this price...
I wonder how much dilution that cost? lol
Interesting..Noted...