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Need to Force shorts to cover....
Exactly, ZERO Dilution going on here...
News Coming this week...
Can't wait til they are FORCED To Cover...LOL
MM = PAUL IS-A SHORT!!-ZERO DILUTION GOING ON!!!WOWSA...
That was your email reply?? From CEO? AWESOME.......
Tweet said; "ultimate debt reduction rose from 50% to 70%"
Is that a 778K Short-Cover on the Bid@.06??
I would LMAO if he did that...
Do you know-that Note-Holders can ONLY Sell a Certain% of the daily volume Per day? and it's not a Big% either, I'd have to look-up the EXACT Stats, But if I remember right it's like between 5% & 10% of the Daily Volume, they cannot just Dump whatever they want on Investors, and THIS YEAR Jan. 1st More STRICT Rules went into effect for Note Holders...
When they CANNOT Push it Lower They WILL Cover=Bounce-time...
MJLB-Should have hit=TEENS Yest on that News, But Bear/Short raid+MMs shaking for Inventory got in the way...
MM-Manip+Sykes short-notice=Bear/Short raid &They HAVE TO COVER..Add/Hold..IMO
"LOOKS" Can-be Deceiving" just like a Bear/Short-Raid...MMs-need to Load-up their Inventory bcuz Yesterdays News, combined with the Partnership with $25 BILLION Telus is VERY HUGE Impactful Changes for this OTC Penny play...
WAY TOO BIG OF DEALS For the OTC, MJLB is making deals like a NAZ Stock and IMO will be a NAZ Stock possibly this year..IMO of course...BUT, The MMs know this and are doing what I would expect them to do, Manipulate the market to load as much Inventory as possible before MJLB Breaks WIDE OPEN & then they are UNABLE To do anything about it...
They can do this right now bcuz MJLB is still "UNDER THE RADAR" of many Big players, But with the two Massive deals with TWO Big NAZ Companies, "Under the Radar" is Not gonna last very long, this is their ONLY CHANCE IMO...
Agree, Short-Raid going on with yest Massive-news MMs want to Load Inventory before MJLB heads to Teens/.20s & Beyond...
EVERYONE READ THE NEWS, 70% OF WHAT LITTLE DEBT THERE IS HAS BEEN "RESTRUCTURED" INTO NON-DILUTIVE FINANCING...
#1 Rule to SUCCESSFUL OTC Trading="Leave Emotions AT THE DOOR With Your Shoes"...LOL
Yest PR said next-news in coming DAYS=This Week..IMO...
These .06s won't last DIP-N-RIP.......
MUST READ-From=PR yest; "Ultrack Systems also reached a decisive and favorable settlement with its key funder for a substantial debt reduction. This was achieved by restructuring the debt in ways that will prevent any near-term dilution through a preferred class stock deal. Details concerning this debt settlement will be released in the coming days. Worldwide coverage immediately opens up the door for new customers while expanding services for existing ones. I commit to adding value to the Company for our shareholders anywhere we can. We look forward to continuing to execute our aggressive growth strategy throughout 2021 and will actively update our shareholders moving forward."
I see NO Diluter MMs in the action ALL Retail...Except for PAUL now & then...
Gonna rebound soon as the Flippers/Profit takers are absorbed...
Thanx...
Sure is, but Strong-Longs keep accumulating the Float...
New Sticky Monday Jan..11th PR...
If it's "Too Good to-be True" = Then it Isn't True.......lol
Ckeck out this from the Sat.Microcap-Daily article, This is something that makes MJLB a Special Company that rises above the competition, IMO anyways;
https://microcapdaily.com/electric-vehicle-ev-tracking-the-rise-of-ultrack-systems-inc-otcmkts-mjlb/129568/
Ultrack Systems has been busy; in October the Company reported the development of its J1939 CANBUS Device will be completed by the end of the 4th quarter and ready for immediate deployment in vehicle fleets around the globe. The J1939 is developed to provide the most complete and comprehensive list of vehicle information available at the click of a mouse. The Company is not aware of any other single product that provides as much real-time data to vehicle fleet managers as the upcoming J1939.
The Ultrack J1939 CANBUS Device is being developed for transport that does not require Electronic Logging Device (ELD) but would benefit from the comprehensive engine and overall vehicle data that it provides. Our device will have the following features, 4G with external GPS antenna, built in cellular antenna, 4 inputs, 2 outputs, 2 temperature sensor inputs, camera for still images and an SOS button. Among hundreds of other data points, the J1939 logs in real time statistics such as: oil pressure, engine temperature, real-time physical location, fuel rate, engine speed at various points, vehicle speed at various points, and transmission data.
SOMEONE SAY WOW! Nothing like being AHEAD OF THE CURVE!!!
Like I said thats a joke, so is sykes...lol
IMO that is a Joke, so is Sykes...
Need the Fliptards out of MJLB only Strong-Longs...$1.00s
Agree, Excellent point, the reason I'm still BUYING-Not-Selling...
1-11-2021 News; Ultrack Systems (MJLB) Expands Worldwide Through Iridium Satellite (IRDM) and Kore Wireless Contract
https://finance.yahoo.com/news/ultrack-systems-mjlb-expands-worldwide-131500781.html
Newsfile Corp.
Mon, January 11, 2021, 8:15 AM EST·3 min read
Concord, Ontario--(Newsfile Corp. - January 11, 2021) - Ultrack Systems Inc. (OTC PINK: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company has entered into contractual agreement with both Kore Wireless and Iridium Satellite in a strategic effort to expand Ultrack services worldwide.
Ultrack renegotiated an existing Kore Wireless contract that further opens up Ultrack's coverage to an additional 180 countries worldwide. Leveraging the power of in-vehicle video analytics, Electronic Logging Device (ELD) functionality, and location-based services in order to deliver deep insights to fleet managers. Visit Kore's website at https://www.korewireless.com
Iridium Satellite (NASDAQ: IRDM) is "the world's only truly global mobile satellite communications company." With a reliable global network, Iridium powers new and innovative opportunities through industry-leading core technology and an ecosystem of partners with expertise in virtually every market. Iridium is enabling solutions for remote sensing, monitoring, and tracking; cloud computing; command and control of autonomous systems, and more. Annual revenues for Iridium in 2019 were $560 million and the company boasted 1.3 million monthly subscribers. Iridium Satellite currently trades on the NASDAQ and as of January 2021 had a market cap of about $5.3 billion. Visit Iridium's website at https://www.iridium.com
Ultrack CEO Michael Marsbergen stated: "Our new relationship with Iridium allows Ultrack products and services to be effectively used in areas with very remote coverage zones worldwide such as isolated oil pipelines and throughout major oceanways. Iridium Satellite targets areas in which cellular service is limited or non-existent but where the need for corporate connectivity is still essential. Iridium not only opens the doors for Ultrack to immediately expand almost anywhere in the world, but it also provides existing and potential Ultrack customers the confidence to know that no matter where our products and services may be used in the world, we assure a robust infrastructure to keep supply chains running."
Marsbergen concluded "Ultrack Systems also reached a decisive and favorable settlement with its key funder for a substantial debt reduction. This was achieved by restructuring the debt in ways that will prevent any near-term dilution through a preferred class stock deal. Details concerning this debt settlement will be released in the coming days. Worldwide coverage immediately opens up the door for new customers while expanding services for existing ones. I commit to adding value to the Company for our shareholders anywhere we can. We look forward to continuing to execute our aggressive growth strategy throughout 2021 and will actively update our shareholders moving forward."
The Company invites current and future shareholders to check back regularly at our website ultrack.ca Facebook page: www.facebook.com/UltrackSolutions and Twitter page https://twitter.com/UltrackI
Safe Harbor Statement This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
Contact: Ultrack Systems, Inc
Phone: 800-893-9506
Email: info@ultrack.ca
Website: http://ultrack.ca
Facebook: www.facebook.com/UltrackSolutions
Twitter: https://twitter.com/UltrackI
MM PAUL Scooped alot of shares on-the Bid today...
Got rid-of MOST of-the Flippers into Strong Hands...
News-is HUGE Telus & now Iridium Satellite should-be@$.10-.12..at.least-GREEN
More & more traders finding out about MJLB...
MJLB Hardly has any debt to begin with...
MJLB Gonna Bounce Hard Sooner than many think...
Agreed MJLB OverSold Bigtime..Bounce coming...
Intra-day Double Bottom @.068/.069 range after near$.10 Break...
Exactly! Spot-on as always, Excellent post DD...