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Ultrack Systems Inc
?One of the most prominent and important industries to grow in the past decade is the electric vehicle (EV) industry, with an estimated market size of more than $160 billion in 2019 and is expected to grow to more than $700 billion by 2026. It is projected that the majority of vehicles sold by 2035 to be EV’s in a market that will be worth several trillion. It is up to innovative and imaginative companies to tap into the potential of the EV market and one such example is Ultrack Systems Inc. (OTC: MJLB), a company that is doing just that.
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?The company, Ultrack Systems Inc., was originally founded in 1989 and is based in Vaughan, Canada. The company is primarily in the business of ground positioning systems (GPS), development, implementation and distribution of tracking systems for leasing transportation, construction and disposal. Ultrack Systems Inc. helps customers with tracking and then locating various vehicles for a wide range of uses such as safety and efficiency purposes.
Below: Line graph showing the price of MJLB for the past 3 months.
?Originally, Ultrack Systems Inc. tried to acquire Vexxar in January of 2018 and the transaction was canceled due to the platforms not being compatible with one another. The acquisition was able to take place in early December of 2020 when the company was able to make the platforms compatible and was finally able to acquire Vexxar, then rebranded the company into what it is today. After the acquisition, the company became listed on the OTC market, as the company has not always been a listed company until now. Before the acquisition, the company finished its development of its flagship device, the J1939. The technology is one of a kind, being the only device in the world that can provide its users and clients more data and information about their fleet than any other technology.
?The stock, MJLB, remained in a dormant stand throughout 2018, 2019 and most of 2020 until the acquisition in December of 2020. Since the acquisition was finalized, the stock has seen tremendous growth, with the stock starting at just $0.01 and is currently trading at $0.17 after several announcements of partnerships and new contracts. The company has a market capitalization of about $21 million and an average volume of 16.5 million. They recently retired 100 million shares of common stock, which reduced dilution and float. The company also reached a settlement with one of the debt backers, reducing debt by more than $100,000.
Above: The candle stick shows an inverse hammer candle, signifying a bull pressure from buyers to push the stock’s value upwards.
Above: MJLB over the last 3 months as candle sticks.
?Despite only getting a new CEO recently and being on the stock market for only a few months now, the company has made tremendous steps in the GPS tracking systems industry with new partnerships and relationships within the automotive and telecommunications industry. One of the first agreements made by Ultrack Systems Inc. was with the telecommunications giant, TELUS (NYSE: TU), an $11 billion a year Canadian company. The size of TELUS is not a testament to how well their management runs TELUS, but a testament to the trust, innovation and technology that Ultrack Systems Inc. has to offer a company like TELUS. It is only one of the many partnerships that showcase what Ultrack Systems Inc. has to offer, as the technology has a significant impact on businesses of all sizes.
?Ultrack Systems Inc. has also entered into agreements with Iridium Satellite (NASDAQ: IRDM), a satellite constellation operator and Kore Wireless, a wireless network data provider. With the new partnership, Kore wireless hopes to unleash Ultrack Systems Inc’s technology upon the world, distributing it to 180 countries. Expanding the new Ultrack Systems into 180 countries will allow the company to not only provide Kore wireless with the systems, but it will also act as a showcase to international companies around the world. When the time is right, Ultrack Systems Inc. will be able to expand and grow into those markets with clients who are already familiar and eager to use what the company has to offer.
?The current relationships and contracts being made in the past few months will pave the way for much larger plans for the company in the years and decades to come. Ultrack Systems Inc. has its sights on one of the largest and fastest growing industries in the world, the EV market. The company has been working with EV manufacturers and integrating its tech in the cars. The company’s tracking solutions and programs have already been adopted and integrated into the BMW i8 and all Tesla (NASDAQ: TSLA). There is also significant opportunities to integrate the solutions into Tesla rivals such a LUCID Motors and Rivian once they grow in the years to come. This would allow Ultrack Systems Inc. to be incorporated into major EV manufacturer’s platforms.
?In 2019, Tesla announced there is potential in having a Tesla based, fully autonomous ride hailing, food delivery, package delivery and transportation arm of the company. With Ultrack Systems Inc. programs already being integrated in all 4 Tesla models has to offer, this would make the autonomous fleet of Tesla’s primed and ready to take on GPS locating services from Ultrack Systems. The same or similar autonomous fleet can also be made by Tesla rivals, allowing a possibility of a partnership between the rivals and is also a possibility of adopting technology from Ultrack Systems.
?Uber and Lyft may find themselves at a significant disadvantage when it comes to ride sharing platforms due to Tesla having a fully autonomous vehicle fleet, which would be tracked by Ultrack Systems. The advent of Tesla’s fleet would force Uber and Lyft to adopt a similar strategy as Tesla simply due to drawbacks of having human drivers, instead of artificial intelligence driving vehicles like Tesla. For Uber and Lyft, about 80% of each fare a customer pays goes towards payment to the driver. By not adopting a fully autonomous fleet of cars, Uber and Lyft would be at a severe disadvantage profit margin wise, with about an 80% higher cost per ride than Tesla, Thus forcing them to adopt Ultrack Systems technology or similar, an incredible opportunity for the company in the years and decades to come.
?Having been officially started only a few months ago, Ultrack Systems Inc. is already on an incredibly strong and steady path to profitability in the not too distance future with their product. The company has made great strides at advancing its proprietary technology and integrated its systems into EV’s, all Tesla’s and BMW. Although the company is still in its infancy, Ultrack Systems Inc. has already reduced debt, reduced dilution, introduced a new innovative product, established relationships with automotive and telecommunications companies, and expanded globally to 180 countries. All of these accomplishments were achieved in a span of just 4 months, imagine what the next 2 years have in store for Ultrack Systems Inc. and its shareholders.
Article is complete, just adding graphs now. Anybody else notice the inverted hammer on the 19th?
May be a stretch but I just read an article that USPS is planning on buying 165K EV delivery trucks over the next 10 years through OSK....what if, and that’s a big what if, but what if that’s the other company and government contract here?
Chart confirmed reversal
MJLB
PLYZ resetting here
Kind of the same reason I don’t “upgrade” on this platform. I’m not going to put money into a company/platform that through all it helps it hinders much, much more
I like the freedom of not being surrounded by Social Media, even contemplated going back to an older BlackBerry phone that doesn’t have apps. It’s just advertisements and companies tracking us. As for DD, I do the basic social media searches, especially with what our previous administration enacted in 2016 in connection to companies being able to use their social media platforms as a place for press release and news announcements and being held liable for what they put out(rightfully so) I’m just more traditional and think that some of the under the radar picks that are going to outperform the average penny stock or any market in that aspect will also be of traditional value. A company that thrives in a digital age will be one that survives without it
Not a Twitter(or any Social Media at that) so I’m unable to see. So weird right now at 2:22 I’m asking who the 22 that they follow are
Load zone
Working on a article to put out there, will let you know when it’s all said and done
Ultrack Systems is pleased to inform our valued investors that $MJLB's new ELD device certification remains on track and on schedule. We are getting all positive feedback. #Q1
— Ultrack Systems Inc. (@UltrackI) February 19, 2021
Charts reset..let's rock
Seeing that they have power plants, I’m more than intrigued. Seems way undervalued here
“After going public in 1987, Rolls-Royce acquired Northern Engineering Industries, a builder of power plants. The aerospace group produces gas turbine engines for civil and military aircraft, and its industrial power group designs and builds power generation, transmission, and distribution systems worldwide. In the early 1990s, Rolls-Royce was the world’s third largest manufacturer of aircraft engines, behind General Electric Co. and United Technologies’ Pratt & Whitney division.”
If you look at charts, the last time we were at these levels lead to all time highs...let's rock this!
Now that that's over with, let's rebound and go red to green
Now that that's over with, let's rebound and go red to green
Thinking it might consolidate to the .1585 range before uptrend again
Would you post a chart for today like you previously have? Want to see if what I'm looking at is the same
Break .006 and it’s game on
Concord, Ontario, Canada -- February 11, 2021 -- InvestorsHub NewsWire -- Ultrack Systems Inc. (OTC PINK: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company has secured two new contracts for Ultrack's products and services to be used in two fleets of high-end car rental companies. Additionally, the Company is now in the final phase before the official launch of Ultrack's new ELD product and substantial hurdles have been cleared successfully.
In early February, the Company inked two new deals for Ultrack's products and services to be used by two high-end car rental companies. These car rental companies represent brand new clients for Ultrack and immediately helps the Company to achieve deeper penetration into the car rental/leasing niche, which happens to be vast. The global car rental market size was valued at $92.92 billion in 2019 and is projected to reach $214.04 billion by 2027, registering a CAGR of 10.7% from 2020 to 2027. North America accounted for the highest share in the global car rental market in 2019, in terms of revenue, and LAMEA is anticipated to exhibit remarkable growth rate during the forecast period. (from https://www.alliedmarketresearch.com/car-rental-market)
Concord, Ontario, Canada -- February 11, 2021 -- InvestorsHub NewsWire -- Ultrack Systems Inc. (OTC PINK: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company has secured two new contracts for Ultrack's products and services to be used in two fleets of high-end car rental companies. Additionally, the Company is now in the final phase before the official launch of Ultrack's new ELD product and substantial hurdles have been cleared successfully.
In early February, the Company inked two new deals for Ultrack's products and services to be used by two high-end car rental companies. These car rental companies represent brand new clients for Ultrack and immediately helps the Company to achieve deeper penetration into the car rental/leasing niche, which happens to be vast. The global car rental market size was valued at $92.92 billion in 2019 and is projected to reach $214.04 billion by 2027, registering a CAGR of 10.7% from 2020 to 2027. North America accounted for the highest share in the global car rental market in 2019, in terms of revenue, and LAMEA is anticipated to exhibit remarkable growth rate during the forecast period. (from https://www.alliedmarketresearch.com/car-rental-market)
MJLB
Investors, please consider this information from Transport Canada to enhance your understanding of ELDs (Electronic Logging Devices) and their massive role in 2021 North American trucking industry. https://t.co/fKsCPeqhuL
— Ultrack Systems Inc. (@UltrackI) February 11, 2021
MJLB
Investors, please consider this information from Transport Canada to enhance your understanding of ELDs (Electronic Logging Devices) and their massive role in 2021 North American trucking industry. https://t.co/fKsCPeqhuL
— Ultrack Systems Inc. (@UltrackI) February 11, 2021
MJLB
Investors, please consider this information from Transport Canada to enhance your understanding of ELDs (Electronic Logging Devices) and their massive role in 2021 North American trucking industry. https://t.co/fKsCPeqhuL
— Ultrack Systems Inc. (@UltrackI) February 11, 2021
MJLB
Investors, please consider this information from Transport Canada to enhance your understanding of ELDs (Electronic Logging Devices) and their massive role in 2021 North American trucking industry. https://t.co/fKsCPeqhuL
— Ultrack Systems Inc. (@UltrackI) February 11, 2021
MJLB signs deal with 2 high end car rental companies
Investors, please consider this information from Transport Canada to enhance your understanding of ELDs (Electronic Logging Devices) and their massive role in 2021 North American trucking industry. https://t.co/fKsCPeqhuL
— Ultrack Systems Inc. (@UltrackI) February 11, 2021
Thanks for the PM! Currently enjoying a vacation at the Grand Canyon, will heed your advice my friend!
“Here's a 3rd party confirmation of the group run coming to MJLB below, this is a PM I sent to another trader I know just over 2 weeks ago;
MJLB Same group that ran ECDP from .02 to $5.58 just started Buying MJLB, their target is the $4.00s we got a dual 3rd party confirmation on this, here is an email a Trader I've known for a while, sent me the day after I heard this group was coming;
Here's the email;
date: Jan 15, 2021, 12:15 AM
subject: Re: Yo
Weird my buddy that owns a restaurant told me about a broker that eats at his place basically gave him stock tip he called me said the guys said buy MJLB they are going to push it to 4.00! That’s crazy weird”
MJLB
Dec 22 2020 referenced Apple EV vehicles on its Twitter
EV is the future https://t.co/VM5CcC5zht
— Ultrack Systems Inc. (@UltrackI) December 22, 2020
MJLB
Referencing Apple EV car back on Dec 22 2020
EV is the future https://t.co/VM5CcC5zht
— Ultrack Systems Inc. (@UltrackI) December 22, 2020
EV is the future https://t.co/VM5CcC5zht
— Ultrack Systems Inc. (@UltrackI) December 22, 2020
Apple investing 3.6B into KIA for EV vehicles. MJLB on its Twitter has Apple EV car in post from Dec 22 2020. Something big is up. If Twitter posts can now hold companies liable, how is it that MJLB can reference Ford and Apple EV vehicles...hmmm
Can I post the last part of your PM here? I don’t want to take credit for it but think it’s worth posting
MJLB Same group that ran ECDP from .02 to $5.58 just started Buying MJLB, their target is the $4.00s we got a dual 3rd party confirmation on this, here is an email a Trader I've known for a while, sent me the day after I heard this group was coming;
Here's the email;
date: Jan 15, 2021, 12:15 AM
subject: Re: Yo
Weird my buddy that owns a restaurant told me about a broker that eats at his place basically gave him stock tip he called me said the guys said buy MJLB they are going to push it to 4.00! That’s crazy weird
MJLB Same group that ran ECDP from .02 to $5.58 just started Buying MJLB, their target is the $4.00s we got a dual 3rd party confirmation on this, here is an email a Trader I've known for a while, sent me the day after I heard this group was coming;
Here's the email;
date: Jan 15, 2021, 12:15 AM
subject: Re: Yo
Weird my buddy that owns a restaurant told me about a broker that eats at his place basically gave him stock tip he called me said the guys said buy MJLB they are going to push it to 4.00! That’s crazy weird
“MJLB Same group that ran ECDP from .02 to $5.58 just started Buying MJLB, their target is the $4.00s we got a dual 3rd party confirmation on this, here is an email a Trader I've known for a while, sent me the day after I heard this group was coming;
Here's the email;
date: Jan 15, 2021, 12:15 AM
subject: Re: Yo
Weird my buddy that owns a restaurant told me about a broker that eats at his place basically gave him stock tip he called me said the guys said buy MJLB they are going to push it to 4.00! That’s crazy weird”
“MJLB Same group that ran ECDP from .02 to $5.58 just started Buying MJLB, their target is the $4.00s we got a dual 3rd party confirmation on this, here is an email a Trader I've known for a while, sent me the day after I heard this group was coming;
Here's the email;
date: Jan 15, 2021, 12:15 AM
subject: Re: Yo
Weird my buddy that owns a restaurant told me about a broker that eats at his place basically gave him stock tip he called me said the guys said buy MJLB they are going to push it to 4.00! That’s crazy weird”
MJLB push pass .08 could run hard today