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Ultrack Unveils Plans To Achieve Strategic Expansion Within European Fleet Markets Through Teltonika Product Line
https://finance.yahoo.com/news/ultrack-unveils-plans-achieve-strategic-173000892.html
Ultrack Systems, Inc.
Mon, July 26, 2021, 1:30 PM·4 min read
Concord, Ontario, July 26, 2021 (GLOBE NEWSWIRE) -- Ultrack Systems Inc. (OTC Pink: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company is making strides to expand Ultrack's product line within key European fleet markets with Teltonika hardware (https://teltonika-networks.com).
Ultrack CEO Marsbergen commented: "We are in the process of adding the complete Teltonika line of products to our fleet tracking platform which opens up a huge market in Europe. Speaking of Europe they are in the process of finalizing their Tachograph mandate for their trucking market. We look forward to adapting our DrivelineELD to that market once our North American certification is in place. "Tachograph" is very similar to the ELD mandate in keeping a record of driver hours based on the data from the trucks engine control module."
From Fortune Business Insights: Europe holds the largest market share of digital tachographs and is projected to dominate in forecast period owning to the early adoption of advanced technology, rapid implementation of these devices in vehicles by various OEMs in this region. Also, Europe is the first to introduce digital tachograph devices in their country. Many companies in this region are investing heavily in research to develop latest technological components for vehicles.
NORTH AMERICAN ELD UPDATE
Ultrack continues on with the DrivelineELD project and the testing process continues to progress toward completion and ultimate approval. The tests that remain are few but most of these remaining tests require a 24-hours testing cycle.
Ultrack submitted updated paperwork and NDA for ELD last week with a new government certified testing agency. This new testing process will also be certifying the DrivelineELD for the USA market at the same time; therefore, when the Ultrack product hits the market, it will be certified for use in both the USA and Canada, immediately.
CEO Marsbergen concluded: "One Driveline ELD device will perform multiple protocols and change between Canadian and USA mandates automatically upon border crossing. I maintain that our device will be an industry disruptor and likely to become the new standard in fleet tracking and management. Our product simply does more while offering easy options for using different options."
About MJLB: Located in Concord, Ontario, Ultrack Systems Inc., (www.ultrack.ca) is a publicly traded company listed on the OTCMARKETS under the MJLB trading symbol. Ultrack Systems Inc., is a provider of GPS tracking solutions. We develop, implement, and distribute electronic monitoring and tracking systems for companies in leasing, transportation, construction, disposal, and many other services driven industries. Our platform includes live tracking, reports, and alerts on a web-based platform. Our mission is to provide the best fleet tracking, reporting systems and our commitment to service. The Company plans to launch a new ELD product in 2021 in partnership with major corporations that will take the trucking industry by storm.
About Teltonika: Teltonika Networks, a part of Teltonika IoT Group, is a leading European developer and manufacturer of networking devices for industrial IoT and M2M applications. Its comprehensive portfolio of cellular 4G LTE routers and gateways provides mission-critical connectivity and remote access to hundreds of thousands of devices worldwide. Reliability, security, and ease-of-use are the core focus areas of Teltonika Networks, delivering connectivity solutions for even the most challenging situations.
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.
Email: info@ultrack.ca
Website: ultrack.ca
Facebook: www.facebook.com/UltrackSolutions
Twitter: http://twitter.com/ultracki
Hold your shares..4th-Q gonna be a shocker...IMO
Heavy Dilution..Why I bailed in.008s N'didn't re-enter...
Hurry??..Market closes@1PM til Tues..Whats the Rush??
Have a Great Vacation everyone...
IMO, There's approx 20-25Mil share Short Position on MJLB Right-Now..Thats why the share price is so low...Hold for the Short Squeeze that WILL Come...
No-way..3.5day wkend starts tomorrow...Quote;
Buying more 8s..wait for it...
5 Patents...
You can see the PPO & ADX Widen on the chart as the Uptrend/share price increases...
The P-SAR dropped to the Buy-side/Bulls which started the Reversal..The Pincher-Play pattern, if you look at the chart below, May 17-18th, when the PPO & ADX were at their Closest "Pinch Point" the share price Bounced from .052 to .085, it should have seen a much bigger bounce, but as you can see the short on MJLB suppressed the Bounce to keep the P-SAR from dropping to the Bulls on May 18th, but as you can clearly see, the share price did Bounce off the Pincher pattern, only to meet this Shrewd ahole short selling entity we are fighting.
Double click chart to enlarge;
MJLB Uptrend 2-charts below;
MJLB Has broke-out from the "Bullish Falling Wedge" that has formed over the last 4 months..For those who are not familiar with the "Falling Wedge" here are a few Quotes from stockcharts.com (and link below);
Nice find..Deserves +1...
It's total BS..He's NOT Dumping his stock...
Sharp did NOT Tweet that he-is dumping..RETC..It's BS...
$227 GRAND on the Bid @.001 WOWsa...
Tweet; @GeorgeASharp Counsel is working on a derivative Breach of Fiduciary Duty suit against management of $RETC which will be filed soon. I am still fighting for the shareholders of $RETC at my own expense.
2:38 PM · Jun 29, 2021
Counsel is working on a derivative Breach of Fiduciary Duty suit against management of $RETC which will be filed soon. I am still fighting for the shareholders of $RETC at my own expense.
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) June 29, 2021
opinions opinions..I'll follow the chart t/a thank you...
Buying the Capitulation..Team-Sharp Forced RETC to get Current...
Fill my 9s pretty pleeze...lol
Gap-Down from .0038 YET TO FILL...
Here's a REAL Wake-up for many Traders who don't know this..After Sept..28th the ONLY OTC Stocks that Anyone will be Able to Trade will be the "REAL DEAL" Pubco's..The rest will be DELETED...
No more delinquent OTCs Shell's will be around for Deep pocket Traders to frontload and run up & down at their whim..Trip/Lotto's scams will be gone...
I have been keeping a list of stocks that will be left, and the ones on the edge of deletion after Sept..28th..What a Glorious 4th Q 2021 & 1st Q 2022 it will be for the Real Deal OTC stocks like MJLB...
This is why I am a minimum 12-month hold here..only adding @these ridiculously undervalued prices..MJLB will Bloom sooner rather than later..Right now it's just the time of year when so many traders are on Vacation..especially after being Locked down for over a year...
Missed this??..Oldie but a Goody; 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.
MJLB May be a "Small Fish" on the stock market, but one of the "Biggest Fish" on the ELD Market..PAYTience Pays...
Missing the Whole DD here...IMO
Amazon could buyout MJLB with their Pocket-Change...
Would-be AWESOME if Amazon bought-out MJLB..Just thinking out-loud...
Not a Gamble..Team-Sharp knows RETC will-NOT get Current tomorrow...
1 More Day for CEO Ponziscam...
Nice @$K slap...
Better go re-listen to the hearing...
Judge's June.30th deadline WAS-BASED on SEC/FINRA June-30th-Rule Change...
Some peeps think-Judge will EXTEND SEC/FINRA June-30th deadline..NOT...
4th-Q..ONLY OTCs to trade will be REAL Deal Pubco's...
Sept..28th Delete Day...
There's 2-deadlines..June 30th is the first..Different aspects..Sept..28=D-Day...lol
Not doing your DD for you...
Judge CANNOT OverRule the SEC & FINRA...
RETC Lawyer trying to-get more time..BUT..FINRA said this from SEC File quote;
Exactly..Load-N-Hold..PAYTience play here...
NO It's not..Quote below from SEC-Website..Read the New SEC/FINRA Rules that go-into effect...