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No one certified yet. But as Jake consistently shows us, there is a great story to be told about everything that has been done and is in the works. But it's scattered and buried in the noise. Moreover, Jake doesn't have access to private information, such as the contracts that we all assume are pending. Why let FPInnovations drag the share price in the mud? I wish the company would be more proactive and tell the great story of Ultrack, like Jake does.
Point taken. I meant that this has become a quagmire. But, unlike Vietnam, there is light at the end of the tunnel.
If this is a slight speed-bump, I'd hate to experience a major speed-bump.
it looks like it will close at a 4-month low. I don't understand all the optimism here about today's close.
Yes, but this is hell; this is another Vietnam. We need to rely on something other than FPInnovations. They're holding this stock hostage, and their has to be some other solution for the time being. (I can heard the chorus: Pay-tience)
it's been bouncing off of .055 for a month now, so it seems like a bottom to me. But it's still way, way too low. The street is treating certification as if it's not a done deal; as if it were uncertain. I don't understand that judgment. It's not uncertain, IMO. It's just late.
why not today? I keep asking myself that question.
Jake for world ruler!
We can all agree: if Jake were writing the PRs for MJLB, the share price would be, at least, double where it is now. And nothing Jake says is mere puffing. It's all true.
It's astounding that with all these positives--powerful positives that signal explosive growth--and all the catalysts immediately in sight (days away, not months or years away), the share price has lost 70% of its value over the past three months and is still tumbling. I've told everyone I know to buy this stock, and most have done so. I don't lose a minute of sleep worrying about that decision. I remain as confident as ever about my advice to them. Thanks, Jake!
we'd be dead drunk by now...
oh please, why not today? Please, please FPInnovations, please, we'll raise another $50,000 for the certification if that will get your fat a**es in gear. But please, with a cherry on top, do your job and certify an ELD. You'll never have to answer another phone or email again. Just please certify ELDs.
I wish it were going up. It should be. But I'm afraid that, without certification, we need a strong PR from MJLB, and they don't seem to want to give us one. Haven't had a really positive PR since Feb 11. So we're in the unthinkable 5-6 cent range--somewhere this stock should NEVER be at this stage in its development. But no one knows it exists, much less appreciates the unparalleled upside story and risk/reward ratio here.
Waiting for FPInnovations to certify Ultrack's ELD feels just like waiting in an airport when your plane has mechanical problems and they won't tell you if and when you're going to depart. You want them to just tell you around what time we'll be leaving, but you do want it to be sooner rather than later.
Seems like MJLB's share price is being held hostage by FPInnovations. That's a shame.
What other OTC stock is more undervalued, has more catalysts, more upside, and less risk than MJLB right now? If there are any, they are few and far between. Surely this is the stock to put your money on at this time and in the future. We should not have to wait for cert. for this stock to rise.
absolutely true. why on earth do they think they're unaccountable and should be unreachable--though they have 9 phone numbers in several different Canadian provinces? I tried them all. Still, MJLB is going green from now on. And why shouldn't it? It's so easy being green...
it's just the beginning? We've been waiting since April 1--they submitted the device for testing in late February.
nevertheless, we're closing above 7 cents today. I feel it in my bones. Big power hour coming every day in June.
yep, and that's really saying something...it's a super suckfest
One thing I wish they had said at the end of the tweet: "Keep a watchful eye on the master lists of certified ELDs posted on the FPInnovations and Transport Canada websites." That would have been nice.
I think we'll get certification this week or early next week. They want certified ELDs to purchase before June 12. There must be a big push to get the process done. It does, indeed, sound like Ultrack submitted the updated device to FPInnovations. And that's very good news!
On the bright side: "Hardie and Company working on website updates and finalizing the DrivelineELD brochure. Summer Ads on WesternHighway News coming next week. Very positive response to the 3 magazine Ad's currently running.
Hopefully heads are rolling at both places. But it's June--the nightmare will end soon. And the whales are back! Green for as far as the eye can see. Green--what a lovely sight and summer it's going to be! Green, green, and more green. Then certification and the big PRs will drive the stock price to the moon.
But it's coming soon. Most important, it's June and the whales are back, slowly showing themselves. I predict green every day this month.
Hardie and Company "finalizing the DrivelineELD brochure." Certification must be imminent!
yeah, baby! "Very positive response" to the 3 ads running.
Why don't they tell us more about this (from Feb 2 PR): "The Company is also pleased to report that Ultrack has begun the testing phase of the Company's new ELD product and anticipates certification by March. This new ELD product integrally partners with TELUS $TU and Iridium Satellite $IRDM. These partnerships provide potential for exponential growth once the new ELD device becomes officially available for our current customer base as well as new clientele."
Why were they so good at PRs in Jan-Feb and so bad since?
The last PR (April 29th) said: "All of our premier ELD Ads continue to run in earnest and we continue to expand our reach in full anticipation of the DriveLineELD being available before this summer." I'm surprised that we haven't heard:
1. When the updated DrivelineELD was submitted for certification.
2. about any sales yet. The pre-summer product launch started in May.
3. about North American expansion
4. or, if none of the above, share retirement.
There just has to be some good news (somewhere, anywhere) to report. Again, I know I keep saying it but no "good news" press release since Feb. 11. The others have just been finalized manuals, retaining marketing agency, and bad news about ELD delay. This is Ultrack's time to shine. Can FP Innovations really hold this company and its stock price hostage for four+ months? That shouldn't happen. Slight-speed bump, okay. But completely hostage, no way. Let's start the party already.
That was April 7. It's now June. A new ad should be out now. What business have the ads drummed up? That's what I'd like to know.
another delay?!
11 days away from the June 12 mandate, and still not a single device has been certified. FP Innovations pocketed $50,000 plus from every ELD vendor for this kind of work. Nice going FP Innovations! The street is acting like it doesn't expect to ever see a certified device. This is the great mystery to me. We see all the catalysts right in our immediate view (all should have arrived 6 weeks ago). Yet, the market is discounting every one of them as if it weren't just a delay that's already lasted 6 weeks but a reality that won't change.
something's up. Anyone know what?
when? back up to where?
the new ad should be out today. maybe we could hear about how successful the ad campaign has been in drumming up sales?
With all the news we already have and the public information about what's coming this month, we should be sitting at 10-12 cents easily right now. Massive news should send the stock to 35-50 cents. MJLB has introduced several new products and had a terrific quarterly report, which was unexpectedly good. But no press releases, only Twitter messages, on any of it. Instead, since February Ultrack has had three PRs:
1) retaining marketing agency Hardie and Company
2) finalizing manuals
3) notification that certification would be delayed
I don't understand those choices about what to highlight.
I thought that mgmt would use the three-day weekend heading in to the first day of June to come up with a press release that would start moving the share price back up. Specifically, I expected a press release that would update shareholders and let the investment community know about all the great things that will be unfolding this month and for the rest of the summer. Better still, I thought maybe a sale would be announced. The share price has been at a crisis level and still falling for two months. Sure, the certification delay didn't help. But the share price had already hit 6 cents in April--well before the delay was announced.
On the other hand, many here simply view the stock as being buffeted about by forces beyond mgmt's control. I don't think that's entirely right. Not at all. I like what mgmt is doing, and I feel confident in their abilities and vision, but it's time to start taking control of the stock's share price.
I would be surprised and dismayed. Most of us thought this stock would not go under 10 cents again after February. But now we're talking about a 60% drop from 10 cents. That's not right. We need to hear about pending sales or share retirement or a timeline for certification or, better still, all three. This is getting serious now. There are so many positive things happening. We need to hear about them, immediately. How is the pre-summer product launch going? Positively spendidly, right?
I'm getting worried about the share price. We can't have another two weeks or more of this. Something (other than certification, which may not happen until late June) has to be done to get the share price heading in the right direction. Otherwise, the stock could fall to even more absurd depths--which could very well limit the upside potential. I hope all this is wrong, but we need a relief rally of some kind, IMO.
Calm down. I hear and feel you on this. But we're going to be fine...more than fine. This stock is real and is getting beat up for no reason right now. It's going to get certified, sooner than later now. And if that's what it takes, I guess that's what it takes. It's not fair what we've been going through...not fair in the least when you compare the very real strengths of this company (right now) to all the garbage OTC stocks with far higher market caps. Then consider all the near-term catalysts and the explosive growth that MJLB will experience in Q2, and this has been an absurd few months. But, then, life isn't fair. This, my friend, is the most significant and true phrase ever spoken. Life isn't fair. The more one internalizes it, the easier it becomes to accept things as they are. We will make a fortune on this great stock. But at the moment, life isn't fair.