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facilitating future contracts with American and European trucking fleets is "decent" not earth shattering? Okay, have it your way.
"Not cert news"? There's plenty of cert news. Ultrack submitted updated paperwork and NDA for ELD last week with a new government certified testing agency. This new testing process will certify the DrivelineELD for the USA market at the same time as the Canadian market. Was anyone on this board predicting this? And that's not even the punchline of the press release: a strategic expansion into the European fleet management, which no one was even talking about. And you call this a "decent PR"? Very charitable of you, Saul.
it's absurd that someone is trying to sell 262,000 shares for a measly .061; but it's downright pathetic that they aren't being gobbled up. It all makes no sense to me.
when this stock is trading at 50 cents and above in six weeks, a lot of people are going to be kicking themselves.
There is no competition for Ultrack's ELD--because it alone uses Windows 10 Enterprise to store date securely.
so MJLB has a choice: 6 weeks with FPI or 33 days with COMDriver Tech. Why wouldn't they choose the company that promises to do it two weeks faster?
FPI said 4-6 weeks from the start. "Estimates provided by Canada's so-far only ELD certifying body, FPInnovations of Pointe Claire, Quebec, indicate it takes about four to six weeks to complete the certification process." https://www.truckinginfo.com/10137477/transport-canada-stands-firm-on-eld-deadline
Once again, great job Positive ENRG! Many thanks! Here is the very important information you posted earlier:
Third certifying body has been added! The best part...a 33 day certification timeline---Not 4-6 months like FPI
Time to get excited, IMO
https://tc.canada.ca/en/road-transportation/electronic-logging-devices/registry-accredited-certification-bodies
https://www.comdriver.tech/eld-certification-program
pet tracker news coming
world-beater technology in a vibrant and growing sector. this past three months will appear as a minor speed bump on the road to global domination!
everything you all are saying is true. this is going to be big! no hype, no puffing here. just the truth.
30 days from when? Of course, they'll be no response.
MJLB submitted their device in late February/early March, so how does the claim that some vendors submitted as early as April change the claim that Ultrack was one of the first to submit their unit for certification testing?
agree, their state-of-the-art DrivelineELD is a difference maker. And let's not forget what they told me yesterday: "stay tuned for our update on a new product." The pet tracker will be a significant revenue generator, which along with its ELDs and EV products will take this company to the next level.
I agree.
Like I said, certification will take 4-6 weeks this time around. Don't listen to the rumors, and consider the source. Here are my sources: "With the certification process expected to take four to six weeks..."
https://www.omnitracs.com/blog/webinar-wisdom-new-details-canadian-eld-mandate-and-what-expect-after-june-12-2021
https://www.omnitracs.com/blog/webinar-wisdom-new-details-canadian-eld-mandate-and-what-expect-after-june-12-2021
He also said: "The summer product launch has been going good...interest in our state of the art DrivelineELD has been very positive."
Pet tracker is coming, people, get excited!
I've just heard from Steve Marsbergen himself: "stay tuned for our update on a new product." PET TRACKER DEVICE!
Certification takes 4-6 weeks, not 6-7 weeks...and MJLB's device has already been tested so it should sail through the process. I'd say three weeks upon submission, Ultrack's ELD will be certified.
That is great news for you! Everyone should do the same: take profits from your other holdings and buy tons of MJLB right now! Yes, I'm happy to give advice when I'm 100% certain of what I'm advising.
yes, but it's downright outrageous that this stock is still trading in the 5s.
they told us that in the first tweet today.
As I said last Friday, these prices will not last very much longer. And when MJLB moves up, it will stay up this time. Good things will catalyze in an accelerating chain reaction of revenue growth and expansion. These past three months will appear as a tremendous buying opportunity. Don't miss out. Any moment a news item could come out that will entirely change the direction of this stock. It's not all about certification--which is simply a matter of when, not if.
I like the Mazzy Star, Fade Into You--great taste, one of the best nineties CDs!
These prices will not last very much longer. And when MJLB moves up, it will stay up this time. Good things will catalyze in an accelerating chain reaction of revenue growth and expansion. These past three months will appear as a tremendous buying opportunity. Don't miss out. Any moment a news item could come out that will entirely change the direction of this stock. It's not all about certification--which is simply a matter of when, not if.
Agree, they just need to give people a reason to start buying en masse.
one has to be nuts to ask for .058 for 200,000 shares! it's mid-July. the wait is coming to an end. And there are so many other irons in the fire.
very happy:) This is what happens, I'm afraid, when you don't put out a positive press release for 5 months. It's not that they're not doing great things or making incredible progress towards their goals. It's simply that they don't communicate what they're achieving to the investment community. Very frustrating. I'm sure they have plans to enter the pet-tracking sector. They hinted as much three weeks or more ago. But no follow up. Details about AT&T, ELD reprogramming, brochures, etc. don't move the stock price. I don't know what they're thinking about. They said that a share buyback or retirement or dividend were possibly coming this year. Wouldn't now, when the stock price has been dropping steadily for four months, be the time to return to this subject and say a few words about the company's valuation and stock price? If not now, when? We've all--both Ultrack management and shareholders--been disheartened by the circuitous route that the certification process has taken over the past three months. Why don't they provide a thorough shareholder update to keep everyone informed--most important, the investment community--about all the good things that have and are happening behind the scenes? Surely, the product campaign has produced some sales/pending contracts. Can't they just say that they are getting a healthy amount of inquiries about their ELD? Anyhow, very frustrating because it's almost certain that this stock and company fortunes will be rising steeply in the coming months. There's simply no reason or justification any longer for the stock to be allowed to languish like this. All they have to do is make some positive sounds through press releases (even some Twitter) about their plans and recent movement toward their stated goals (e.g., the EV market).
"We will continue to look all options as the year progresses including possibly reducing more outstanding shares or whether a share buyback and or dividend makes more sense." If ever a share buyback made sense, it is right now. The share price is rock bottom, and certification is around the corner. They told me three weeks ago that they would be making an announcement about the company's "activities and valuation." I say share buyback right now.
Why do you use the word "pump"? What was untrue or exaggeration in the article?
It couldn't be that MJLB is a great stock and they want their subscribers to know about it. Oh no, that just couldn't be the reason.
I will have to wait and see, but it always heartens me, in terms of retiring shares from the market, when a company has already retired one quarter of its shares and suggests that a second installment may be in store before the end of the year. I quote from their press release: "We will continue to look all options as the year progresses including possibly reducing more outstanding shares or whether a share buyback and or dividend makes more sense."
who deployed them?
'm sure they had their reasons. Why blame them? The fact remains: no device has been certified yet in Canada. MJLB will probably be at the head of the pack. So why complain about their methods? Why state that this was MJLB's "oversight"?
would love to hear about a partnership with PetsMart regarding a pet-tracking device.
"The FP Innovations certification testing procedure consists of 3 sections of tests which totals approximately 450 individualized tests. Ultrack has decided to perform these tests in-house before submitting our reprogrammed DriveLineELD for certification. Currently we have performed 400 in-house tests successfully and anticipate completing the additional tests by mid July. We will submit our reprogrammed DriveLineELD for certification once all testing has successfully been completed.
Ultrack CEO Michael Marsbergen commented: “Reprogramming our DriveLineELD chip and performing 400 successful tests has been an unanticipated challenge. Making sure we pass on each test, fixing any related bugs that have popped up and completing changes along the way has been a time-consuming process, but I’m pleased that we are near completion. All of us here at Ultrack are extremely confident that we will obtain successful certification and will announce the availability of this and other industry disruptive products in the near future. I am committed to keeping investors abreast of any and all developments and progress.”
June 30, 2021
https://www.otcmarkets.com/stock/MJLB/news/Ultrack-Completes-Reprogramming-of-Their-DriveLineELD-Product-and-Provides-ELD-Certification-Update?id=309702
$0.015--HAAAAHHAAAAHHAAAHAAAAAAA
The market cap would be $400k