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The latest tweet shows both that Ultrack reads this board (we knew that already) and has a good sense of humor. I think management is great!! Period. They are great and I'm with them all the way. Any doubters will soon see how great this company is and how incredibly undervalued at the current market cap.
This is a completely wrong and absurd prediction. Completely wrong! Here's what you posted: "Given the current short-term trend, the stock is expected to fall -9.57% during the next 3 months and, with a 90% probability hold a price between $0.0446 and $0.0632 at the end of this 3-month period."
What?!!! "90% of the updates provided have not been solid but rather fake news"? What are you talking about, Saul?
You got a great price! good for you! I'm still holding 3.8 million shares. Not worried in the slightest about this one. It's as good as it gets.
Yes, and by "PAYTient," I would say all of three to four weeks is a fair assessment of the wait. So that's not much patience, really. We've waited for six months to get to the finish line. It's right there in sight. Load up now! The wait is essentially over.
Sometime between Sept 16th and Sept 30th, MJLB's ELD will be fully certified for the US and Canada. Massive contracts will be announced right afterwards, and this stock will be trading over 20 cents and probably much higher. That's the real story, folks, don't be misled.
Losing investors' trust? Nonsense. None of the ELD certification problems have anything to do with MJLB. Ultrack had to deal with what the Canadian government threw at them--new protocols. Everything that MJLB has been doing for the past six months will pay huge dividends down the road. This is going to be a global company (US, Canada, Europe, and elsewhere) with hundreds of millions of dollars in revenue soon. It's current paltry market cap doesn't reflect at all where it will be by the end of the year.
They Tweeted on Aug. 19th: "Windows updates complete, final 24 hour burn test on simulator complete, boxed and ready for UPS pickup this afternoon."
What's the big mystery people? Their ELD will be certified in the US and Canada by the end of the month. The stock is going higher--way higher--from here. Get on board now or miss the train--we're leaving the station.
I just wish that they would announce that they've resubmitted their ELD today, like they said they would on Monday. For heaven's sake, let's get this certification nightmare over once and for all. Start the process already...jeepers creepers!!!!
I think the street wants to hear that Ultrack's ELD has been resubmitted for testing--I would like to hear that as well. And contracts...would be nice to have more of them already. Sales, pending or otherwise, would get this stock moving up. Why else would the company hire an advertising firm?
All in good time, of course. But it's time.
I'm always buying -- 4 million shares and still buying.
The lack of buyers here is completely irrational. There is no downside risk, only upside reward--huge reward. There is no threat of dilution, as with so many other upstart OTC stocks. To the contrary, there may be a buyback or retirement of shares--that's what management said a PR a few months ago, when they retired a quarter of the company's shares.
A PR to announce a massive new contract would be sweet, and just what the doctor ordered.
Agree. In February and March, those 250k shares would have been gobbled up in a few seconds flat. The irony is that MJLB is 6 months closer today to achieving its goals--and they're growing loftier and loftier every day.
I think that they should do another share retirement or share buyback now. That would move the stock AND get the word out that big things are in the works with this company--ELD certification and expansion into North America and Europe, and many other things unrelated to ELD technology.
New Tweets: https://twitter.com/UltrackI "August is heating up!"
The big news is that in-house testing will be complete by this weekend! That means MJLB's ELD will be submitted for certification this week. THE PROCESS WILL FINALLY BEGIN. AND THIS NIGHTMARE WILL BE OVER WITHIN 4-6 weeks. FINALLY!!!!!!!!!!!
they've rarely done a Monday PR, unfortunately. But they're finishing the in-house testing of the ELD this weekend, so I'm hoping, along with you, that we get one this coming Monday.
We've been woke for months and months and months. You're preaching to the converted.
So this means, that finally--finally, finally, finally--MJLB's reprogrammed ELD will be resubmitted for certification on Monday. HAL-LE-LUUU-YA!!!!! We may get to the promised land soon.
A smart firm with global reach would be wiser still if it attempted a buyout of Ultrack given its current market capitalization.
To clear up the record on Ultrack's previous submission of its ELD device for testing: ULTRACK had this exchange yesterday on its Twitter site:
Nbrennan@Nbrennan13·22h
Replying to @UltrackI
Thought it was already submitted?
Ultrack Systems Inc. @UltrackI. 21h
It was pre-OBDII implementation, this OBDII was not in the mandate and that's why we were given a chance to re-submit.
So there is no "strike one" against Ultrack in the certification process. It's considered a "do-over." But it won't matter anyhow, because it's going to breeze through the certification process this time around.
from your lips to god's ears...
The certification delays have been disheartening. BUT...the product is 1000% better now than it would have been had they not reprogrammed the device. That's very significant to the big picture. AND, the company is not in "set-back" mode (as if it were a startup drug company that failed a Phase II trial). No, MJLB is in TAKE-OFF MODE. Why were investors so willing to buy in February and March at 16 cents, and unwilling to buy now at 6 cents? Makes no sense.
It's so frustrating that, since February, the company has done so many big and important things to reach their goals, but there's been no major press release to drive the stock up to where it should be at this time. After all, MJLB is six months closer to achieving ELD certification, global expansion, EV related developments, and entry into the pet tracker market. Yet, the share price is lower than in December 2020 (consider that the company retired 1/4 of its shares)
I'd feel more blessed if it were trading at 20 cents or above...
we need volume. A PR announcing a major sale or Q2 results or a share buyback or retirement would do the trick. Then it's off to the races!
If they would put out a PR announcing another round of share retirements, it would spike the volume and interest in this stock. With all the upcoming catalysts, the share price would be 12 cents or above within a week.
New Tweet: DrivelineELD will run most Android apps inside the app using Bluestacks emulator. Screenshots of Co-Pilot and Waze apps running.
https://twitter.com/UltrackI
Another tweet: DrivelineELD will be offering as an option Co-Pilot Truck by PC Miler for the in-cab navigation for drivers. Fully integrated into DrivelineELD. Co-Pilot Truck provides hazmat routes, low bridges and much more.
I don't know how ELD certification became the second incarnation of the Manhattan Project, but it has. When this is completed, I, for one, hope I never hear the word "certification" again for as long as I live.
new tweet: https://twitter.com/UltrackI
Hardware is all in place and just waiting on software final build to complete testing and resubmission. Not long now!
MJLB Q1, 2021 vs Q4, 2020 Highlights. Sales increased by 321%, Assets Increased by 159% and Company Liabilities decreased by 53.5%.
they're going to announce a new product any day now--a little bird told me.
absolutely right, but how dare you be so positive and pie in the sky!
Grab your MJLB shares at 4 cents, my friends!!! Grab your 4-cent shares! This is my sober analysis free of wishful thinking. I'm a born again trader!
No, my friend, it's not going to slide.
so wrong.
"I won't be surprised to see 4's as we get closer to certification." Fat chance!
I'm just looking at it realistically--expansion into Europe and the US is huge, not just decent.