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A tweet will be out very soon, IMO. I think this week will be a very good one. My hunch is that last week's sale-a-thon for under .007 was quite deliberate to get cheap shares in someone's hand. That someone now owes us (viz., an MJLB promotion of some kind)--and has every interest in seeing the stock double, triple, or more. We'll see. This week strikes me as the one--if not the big one--the one that gets this thing started in the right direction, finally.
I wouldn't be surprised to see a tweet at around 2pm today. I also expect some kind of MJLB stock promotion next week. We'll see.
Here's my story and I'm still sticking to it. Yes, this certification process has taken way, way longer than anyone expected, including Steve. But the problem is that Ultrack is offering the only non-cookie cutter ELD. All the others are the same: Android based. The protocols were developed to deal with Android, not Microsoft. So we've been waiting and waiting for TC to make a ruling. But the difference between Ultrack and the others that has caused this huge delay will prove to be Ultrack's greatest asset once it gets certified. And it will get certified before December, at the very latest. Market share will be ours. The share price will soar back over 10 cents. Sooner than later. I know the wait has been excruciating. It's killing me but...good things come to those that wait. And, after all, Ultrack's ELD has already successfully completed 93% of the tests. I can't believe that anyone, much less most people here, believe that Steve won't/can't figure out a way to get the last 7% done, if that turns out to be the necessary course of action. Certification isn't easy, to be sure, but it's certainly not rocket science...and it's not the Manhattan Project (though that is the way TC is treating this whole process with their NDAs, which only serve to keep us and everyone else in the dark).
I've spoken with Robin at ComDriver. There is an Ultrack ELD and it is at Transport Canada, as Steve has told us. Why would Robin at ComDriver lie to me about Ultrack's ELD?
ULTRACK--undervalued by at least 1000 percent IMO..It's easily a 9-cent stock...was 26 cents.
Adjustability on the backend--everyone else has it; Ultrack doesn't. LESS IS MORE! Ultrack's ELD can't be tampered with; unlike all other Android ELDs, in which backend adjustments can be made by administration from their apps. LESS IS MORE! And it is precisely this crucial issue that has been delaying certification for the past six months. No one here has even mentioned the issue--and that should tell you something. Steve is fighting to make sure the device is consistent with the spirit and intent of the Mandate. Let's hope TC agrees (I think they will).
buy your shares for under a penny now; supply won't be lasting much longer.
They still have the two contracts from early last year--few would have guessed that and it's huge. Also, the Pet Tracker appears to be in the late stages of development. Few observers would have predicted that as well. Indeed, most said there was no Pet Tracker--that it was "another scam." Hence, the share price drop of 95%. I think the share price is absurdly low now. Easy 5-bagger and probably a lot, lot more in the next 3 months.
I'm definitely not Steve. Anyhow, the Q&A on Twitter looks very good to me. Lots of great things happening and coming soon. I'm curious to hear what others think.
fwiw, i was in contact with Steve today, and there are lots of good things going on, even the Pet Tracker. But the bottom line remains ELD certification and then contracts. When and only when that happens will this stock take off. And I do believe it will soar. There aren't many bagholders left. So many people have already sold. Hence the share price. And the float is very low. I've seen stocks with 8 billion shares that have fallen 98% over years suddenly, with good news, rise 1000% in a week. I know you're wondering what he said about certification--he's doing everything he can to expedite the process. There's a NDA so he can't talk about it. But I'm figuring sometime in September, hopefully early September.
PS: I only get one post a day, so I'm replying to the post above: What insider information? I said there are lots of good things going on, even the Pet Tracker. Nothing insider about that. As for the ELD, I said there's a NDA so he didn't tell me anything new other than that he's doing his best to get it done as quickly as possible.
Certification will arrive. Then contracts (I believe he has $900,000 in hand) will be announced. The stock will immediately turn around and return to 10 cents and probably much more. I can't find any other stock that is more likely to be a 10-bagger before the end of the year. If you think you have one, post it and let's take the Pepsi challenge.
Get in right now or regret it later. It could be over a penny by the end of the day.
This is what retail trading looks like on this stock. I'm hoping the update is a good one. Maybe there will also be news about what stage the company is in with its pet tracker project.
The drop in the share price to under a penny was all about the 20 million shares that were put on the market. It was a transaction whereby someone got very cheap shares. It has nothing to do with a material event. It seems that this "20-million-share-fire-sale" was completed yesterday. The share price now can and will go up. All we need is news of certification, and the share price will rise significantly from here. None of the 4-6 million share trading days had anything to do with retail trading.
So you think he was denied by TC? Where is the proof of that? Post what he says on Telegram (some of us aren't on that site). If something truly dreadful has happened, why only 2.55 million shares have traded today? That's roughly $20,000. You think that signals the end of Ultrack? Disastrous news has just arrived? $20,000 worth of stock traded?
Steve has 20 million reasons why he wants the share price to go up. M-Loan will be explained soon enough.
MJLB will hit 10 cents before the summer ends. Mark my words.
This stock starts its turnaround today. News of certification is imminent. Lots of money will be made on the way up. Next few weeks are going to be big. My reading of the situation is that Transport Canada has been extra careful with oversight of Ultrack's Microsoft ELD because they know it will gain a great deal of market share, so they want to make sure there are no cracks in it to be exploited by truckers. It's all going to be good from here. And remember, MJLB came from subpennies in December 2020, to hit a high of 26 cents in February 2021. It did it before, it will do it again. This time it will rise because it will actually have a certified ELD and contracts.
I agree. Remember, if 9 out of 10 fleet managers prefer Android to Microsoft ELDs, that still leaves 10% of the market to Ultrack. That's a huge dollar amount. And, btw, don't they need Truck ELDs in Brazil, Spain, Britain, Australia, Nigeria, Korea, and most places in the world where trucks deliver goods? I would think that they would. So why won't those places be markets for Ultrack expansion? They should be.
I think the real problem is not that Steve is a crook but that he's not very bright. He stumbled on to a good idea: a Microsoft version of an ELD. And perhaps he's a bit of an idiot savant regarding these types of devices. I don't know. I think Ultrack will get certified eventually and the stock will soar back up to 10 cents and above (he did it once, he can do it again). But he's arrogant and has made so many mistakes along the way. For example, the Pet Tracker. He announced it (like other things) and just never followed through with it. Why not mention its status. Even if he reconsidered after looking at how saturated the marketplace is, fine. Tell us. At least it looks like he's not just saying anything to divert from the certification process. Why doesn't he do a PR dedicated to the Pet Tracker alone, updating us about the state of this project? If it's dead, okay, tell us why. But to say nothing after having featured it is unforgiveable. He just doesn't seem to understand that his credibility is taking huge hits for darn good reasons. All of this is not to say that I think he's lied about the ELD or certification. I think he really believed in December that it was weeks not months away. But what's worse? Getting it 6 months wrong or willfully lying about it? It's a close contest. The bottom line is that Steve should reconsider everything he's said over the past year and try to clear up why so many promises, projects, announcements have not only not come to fruition but haven't even been mentioned in any updates since he first announced them.
Today's action is a good sign. The whales are back, and they're loading up now. Why? Because certification is coming. These trades are going to make someone a lot of money. Get in now and take part in this fire sale. You'll make money with them. I've done this many times. It works. Indeed, I predict that we'll close up today.
there is probably some legal mechanism by which buying a loan company for truck fleets "establishes" Ultrack in the U.S. market. It strikes me as an "establishment," in some legal sense, that is necessary for Ultrack to move forward and conduct its business in the United States. I don't know what that legal necessity is for establishing a business in the US to do business in the US, but this is what this moves strikes me as accomplishing.
Something has gone wrong since the end of March, when we were told that cert was 90% done. So the big and important question is: how bad is the problem? Is it fatal or just another bump in this long and circuitous road? We can all agree that Steve's silence since March has been extremely unwelcome and unhelpful to shareholders (there is an NDA, but that never stopped him from talking in the past). Fwiw, I think it's more likely that he would have said something if the problem were fatal. If the problem is just another delay, then he probably figures that telling us how long he thinks the delay will be is more risky than it's worth (I'm sure he regrets predicting in Dec. that cert was weeks not months away). Better to just wait and give us the good news when it arrives. If and when the share price soars, all will be forgiven (that's the logic he's probably using now).
MJLB will spike big time once ELD certification comes through. Big time. Mark my words.
Anything is possible. But it's improbable because, for the ELD to be non-existent, all of the private conversations I had with Steve over email, which contained many significant details about the device, would have to have been false. Above and beyond the fact that the information didn't strike me as in any way false or lacking in credibility, the question is raised: why communicate with me at all if this is all a charade? No, I think it's highly unlikely that the ELD doesn't exist.
The silence over the past two months is inexplicable--except for the fact that far too many OTC stocks don't put out timely PRs to explain what they're up to. It seems to be optional. I'm as frustrated as anyone with what's been going on since December 2021. Indeed, I'm completely exasperated with this whole thing. That said, there's still good reasons to believe that it will have a happy ending. I think the product is different from the rest of the competition. And many fleet managers and truckers will appreciate the differences.
Does anyone have a guess as to why it's taking so long for the last 10% to get done? I have two theories:
1. ComDriver is under scrutiny, so Transport Canada is making Ultrack redo some tests that it had already passed.
2. ComDriver remains under serious scrutiny by Transport Canada, so Ultrack pulled its ELD and took it to CSA Group.
These are just "worst case" scenario theories and I hope they're both wrong. But how can we explain this delay?
It is close. Transport Canada and ComDriver have been gumming up the works lately (which is not to say that Ultrack doesn't deserve a significant portion of the blame, they do). But cert will happen...sooner than later. Then the stock price will soar. Buyers have been looking for a reason to buy---they have been for 14 months. But no good news has been forthcoming. Why? Because certification is the sine qua non for taking this company and the stock to a new level. Once it happens, bang zoom to the moon. Bottom line: Ultrack will offer a very different product in a market space that hasn't nothing but cookie-cutter ELDs. Product differentiation will confer market share. Even if it's a mere 10% of the market, that's huge. In other words, even if 90% of the trucking company prefer Android to Microsoft, that would still leave 10% of the market to Ultrack and Ultrack alone. Then Ultrack goes global.
Folks, we're talking $4000 worth of stock traded today--all of $4000.
very soon now, could be today...a little birdy told me...
Ultrack reported:
1. at the end of January that they had completed 70% of the certification tests
2. at the end of February that they had completed 80% of the certification tests
3. at the end of March that they had completed 90% of the certification tests.
It's now the end of April, shouldn't we expect them to be 100% done in a day or so?
thanks for reiterating your sentiments about MJLB, Saul--I didn't understand you the prior 499 times you've said the same thing. Let me see if I've got you right: Steve is a crook, a liar, and incompetent. Is that about right? Of course, you have nothing better to do but post another message on this board saying those things with nothing substantive behind them--just your reading of what's happened the past 14 months.
"Steve M is a fraud IMO." Sounds like some people should sell and find stocks they believe in. Of course, when this stock goes to 10 cents and above, everyone will tell us how they knew it would all along. As for management, well, this isn't Netflix is it? And it isn't trading like Netflix. We're in the OTC-land, where things operate accordingly.
Here's what Steve M (the so-called fraud) wrote me in February:
"There are over 450 tests of which some are 5 layers deep some take 15 days for 1 part of that test others take 7 days with again 5 layers deep. Also we are the only Windows version of ELD and it has its complications as we have had to go back to Transport Canada for clarification regarding certain test procedures which also delays waiting for a reply back from TC. Our ELD is an independent system in each truck and does not use a backend server like all the android systems use. Relax take it easy and know we are in this for the long haul to see it finished as well."
And here's what he said in December:
"Yes we have all our existing clients that require ELD waiting on our product and quite a few inquiries as well. Some are actually using our product now on demo's and results are very positive. Most companies I have talked to are waiting as currently there are only 12 certified companies seeing essentially the same old same old products. I am not worried that there won't be sales for us in this market The market is huge and the current sales for other companies have been disappointing to say the least. Thanks Steve"
From Steve M., early Feb. 2022:
Com Driver Tech are evidence based testing and I have to complete each test with them so they can verify. There is also a secondary auditor that reviews the testing as we go. Certification will come when it is completed and not a moment sooner or my wishing it would end sooner. You say that you have invested 450k and I do appreciate it but I have over a million invested in this ELD and would also like to see some of my money start to come back into my hands via sales of the ELD I have clients waiting for my ELD product and calls coming in daily inquiring about our product and its features. There are over 450 tests of which some are 5 layers deep some take 15 days for 1 part of that test others take 7 days with again 5 layers deep. Also we are the only Windows version of ELD and it has its complications as we have had to go back to Transport Canada for clarification regarding certain test procedures which also delays waiting for a reply back from TC. Our ELD is an independent system in each truck and does not use a backend server like all the android systems use. Relax take it easy and know we are in this for the long haul to see it finished as well.
Android systems aren't selling. They are mostly a continuation from existing USA ELD systems, which rely on a server doing the heavy workload. Ultrack's system is completely independent of a backend server for ELD; but it still tracks movement of vehicle, and all data and processes are done on the unit in that truck.
One major complaint in the industry from certified devices is the length of time the drivers have to wait before starting their trips waiting for backend server to send data to their phone apps and update driver lists and such. Ultrack's system has none of that delay issues: once in the truck, the driver is ready to enter trip details and start driving.
Steve spent 5 years designing and developing the complete system It is not some off the shelf app. MJLB has gone above and beyond making sure this system is hack proof on admin or drivers side of things. The end goal is to have accurate and legal data on driver hours vs. data from the trucks ECM that can't be tampered with and provide this data to company dispatch as well as ministry officers on the roadside inspections of driver logs.
Androids are not selling well at all according to Steve M. And whatever one thinks about Steve M., he is NOT:
(a) a liar
(b) uncaring about shareholder value. This company retired one quarter of their shares BEFORE a product launch. Most penny stocks would have diluted.
(c) stupid. He has the only Microsoft ELD that will be coming to market. There are many features--important ones--that only the Ultrack ELD will provide. Product differentiation, esp. for the better and when it fulfills the demands of customers--will translate into significant market share.
Remember, MJLB is not Tesla or Netflix or Google. It's a micro, micro, micro cap stock at the moment. They're going to give shareholders a tremendous future and tremendous value. To be sure, the ride over the past year has been circuitous and bumpy, but we're almost where we want to be. Buy now. If there's a better buy out there right now, please inform us which stock you think it is. Then we'll take the Pepsi challenge and see which stock has done better over the coming month.
I just picked up 100,000 at .0289. Should triple my money on these shares very soon now. I suggest everyone do the same.
they're not being held up. they needed clarification from Transport Canada and they got it. ComDriver is being especially careful because of the earlier "tamper" incident. Bottom line, there are two ComDriver auditors to get through--this coupled with the clarifications from the bureaucracy has made the entire process as slow as molasses. But it is in the final stretch. I expect certification by next week.
No one's buying. Amazing! Apparently, no one who has money to invest believes that MJLB will even go up to 4.5 cents. If they did, they'd make a 50% return on their investment. People are turning down a sure 50% return because they know of better things to buy? I don't get it. Yet, day after day, MJLB sits in the 2-cent range with hours going by and no buying. Go figure?
FACT: MJLB's certification is taking much longer than expected because it's the only Microsoft ELD that has applied for certification. It's is not from the same cookie cutter Android mold.
PRODUCT DIFFERENTIATION = MARKET SHARE
The pain we're suffering today will be our reward tomorrow.
Mel Gibson: How do you figure June at the earliest? If it takes 6 weeks to get 9% done, as it just did (even though they had a delay getting clarification from Transport Canada), that would put certification by May. I'm figuring sometime in April, assuming no more delays getting further clarification.
This stock will double, triple, quadruple or more any day now. And no buyers. Complete market failure. I don't understand why Steve M. has been silent for six weeks--at a time when it's so close to certification. We've waited a year, and we will be rewarded. I can't understand why no one wants to make great money in no time by buying right now. Go figure?