Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is a great company that's in take-off mode. We should be trading at around 14-16 cents ahead of certification, and much higher afterwards. The sky is the limit for MJLB -- and I'm talking about the short term not just a year or five years from now. An actual news announcement with what is in the tweet would be appreciated.
Sales increased by 578%, Assets Increased by 332% and Company Liabilities decreased by 60%. THIS HAS ALL HAPPENED BEFORE CERTIFICATION. THIS IS BEFORE PENDING CONTRACTS HAVE BEEN FINALIZED. THIS IS BEFORE NEW CONTRACTS ARE SIGNED AFTER CERTIFICATION. We invested in MJLB because we believe in this company. Just let the world know the good news, and keep letting it know.
Look at how breaking the silence and letting the world know the good news increases SP. Who would have guessed?
huh? looks like we rejoined Planet Earth. Buying, rallying, oversold seem to apply to MJLB.
I'm not selling, I'm buying.
What does a bad chart look like?
No news in three weeks since the truly terrible news. No significantly good news since Feb 11. When will it end? We're trading at around 3.7 cents pre-share retirement. I'm truly shocked at our CEO's silence and at MJLB's inability so far to deliver any of the goods. Not selling a share, of course, but very disappointed. There was a time, not long ago, when we were shocked that the share price had dropped to 10 cents. Now it's at half that, and the silence continues.
i think it happens everyday, no?
We still don't have any idea--not a clue--what the new testing protocol is all about--the protocol that has delayed certification for over a month now and caused this precipitous SP drop. No one is asking, no one is telling. Nero fiddles while Rome burns.
Rome burns while Nero fiddles...
there's no indication that ELD certification won't be coming before June 12, maybe weeks prior to it. MJLB has said it expects its certified ELD to be available before the summer.
you're going to make hundreds of thousands of dollars.
So true. How desperate and impatient must you be to sell at these prices. Heck, Monday will be May 17--90% of the waiting for big news (and more big news) is already over.
$50,000 fee to FP Innovations for certification. Sounds hefty for non-publicly traded companies. But my understanding, which could be wrong of course, is that MJLB's share retirement raised a considerable amount of money (by increasing the share price) for such expenses. That's just my understanding. The fee might very well explain why only 10% of ELD manufacturers in Canada have applied for certification. Their loss is our gain.
if something big were going on behind the scenes, it would explain a lot of things. But it's just a thought
yes, but don't miss the larger and more important point: Ultrack is going to be first out of the gate; MJLB will be a major ELD player signing the contracts, because it will be ready, while most ELD makers aren't, to pick most of the low lying fruit.
I wouldn't be at all surprised, either, if Ultrack becomes an acquisition target for a large globally connected firm. Imagine the possibilities for global expansion with a first-to-market ELD product. And at its current market capitalization and the interest in everything related to EV, MJLB seems primed for just such an approach, no?
From what I've read, it sounds simple: If you're an American truck fleet that wants to do business in Canada, you have no choice but to install a Canadian-certified ELD--and Ultrack manufactured ELDs are going to be one of your only options, since only a handful of ELD manufacturers have submitted their device for certification. GREAT NEWS FOR MJLB SHAREHOLDERS!!! Will the street finally understand this?
FPInnovations spokesman Jan Michaelsen said only about one-tenth of ELD manufacturers have applied for third-party certification.
"technical and bureaucratic challenges" -- what gobbledy-gook language. It means everything and nothing. Typical. The bureaucratic challenge is that there are bureaucrats involved. The technical challenge is that there are bureaucrats involved. Could someone in the press ask someone in the bureaucracy or FP Innvoations what was so important that they decided to stop the process of certifying ELDs after it had essentially finished and make everyone go back to the drawing board for a month's worth of hardware/software revisions?
NPBS: I'm nominating you for the 2021 "optimist of the year" award for your current view that it's "good news for MJLB members this stock is raising fast." I can't wait to hear what you say about MJLB stockholders a month from now when we're trading over 25 cents :)
You and Robostock deserve to make a boatful of money on MJLB--and I'm certain you and the rest of us here will do just that soon enough.
thanks for the detailed and thoughtful response! I hear what you're saying. It seems to me that one contract announcement, no matter how relatively small, or just comments along the lines you just made would boost the share price significantly and, had it been done over the course of the past several months, would have arrested some of the share price decline. But that's water under the bridge.
It's comforting that we're in the same boat as everyone else. But I'm worried that the delay frittered away MJLB's head start. Jake: any thoughts
on why MJLB has gone 3 months without announcing any contracts (if you had told me in mid-Feb that no contracts would be signed by mid-May, I would have been shocked). Why has it been so difficult to make sales when there's a June 12 mandate and you have "disruptive" technology? Some will respond that no one would sign a contract before certification of the device. But we know that they did before. And our CEO said that "calls are coming in" in response to their ads. So there is plenty of interest in ELDs even before they get certified. Indeed, the Canadian govt is urging fleets to sign up as soon as possible. Yes, I'm getting cranky and worried. We're sitting at 6 cents and no one is buying. That's troublesome. Why doesn't it worry MJLB's management--they seemed so concerned about shareholders from Dec. to February.
you have good taste, 7up
I doubt it. But if he says anything important that isn't public information, he'd be committing a crime--and we don't want that to happen(!) He must provide a shareholder update and/or announce a pending contract. This is no way to run a railroad--that's what the street has been saying for the past month.
well, it's only money, right? and we know what money can't buy.
the risk/reward at these prices is unbeatable. it's as if the floor is littered with $100 bills, and still no one is bothering to pick them up. Seems like a massive market failure to me.
if I had anything left to sell, I'd be buying like crazy here. Maybe someone on this board does have something left to sell, maybe.
from your lips to god's ears...but will Nat King Cole be singing at the piano?
those were the days you could get a Polynesian Pearl Diver at the Blue Gardenia and they didn't skimp on the rum..
remember the good ole days, when concepts like "buying," "oversold," "rally," "contracts," "certification," and "shareholder updates" still had meaning. ah, yes, I remember those days well...those were the days of wine and roses, my friends.
what? was my last post too pedantic? anyhow, hoping we have a 2pm announcement of some kind.
Why not "you can't turn a donkey into a race horse," instead? It communicates the same message without the toilet reference, so you can use it in polite company. Seems like the better alternative to me.
the volume suggests something is afoot here. the fact that there's been nothing said about the Apple app seems strange to me as well. I think they are frying bigger fish, and they're going to let us know imminently about the details.
the volume has virtually quadrupled since yesterday. that's a great sign, at least.
CEO said he's getting lots of calls--so it might make good sense (from a market capitalization POV) to offer an "early Bird" special to the first big fish that signs a contract pending certification. Gives you something to announce and to say to future callers--"We signed XYZ, why not you?" I'm no businessman, but that's what I'd do in this situation.
Call me crazy but I think that a new contract will be announced today or tomorrow.
There are OTC companies currently trading at twice the market cap as that of MJLB, and all they're selling are apps that aren't as compelling as Ultrack's GTS. Go figure. When this finally turns around (any day, any week now), there are going to be a lot of people wondering why they can't buy shares at 20 cents when a day earlier people couldn't sell them for 6.5 cents. Certification is a certainty. Huge contracts are pending certification. C'mon whales, there's no money on the down side left. Let's start the climb.
Does anyone have any ideas about the Apple and Android iOS apps? What do they add to the company's bottom line? How do they figure in to the future? I don't understand. Are they free? Why are they spending time on them?