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Porter I am trying to pick up another 1 or 2 mil shares before news breaks! We know for fact an acquisition is coming and big news ahead!
MJLB SEES ASSETS & REVENUE INCREASE! DECREASED LIABILITIES. BOOOOOOOYAAAA
THIS WILL BE A MULTIPLE PENNY STOCK BY NEW YEAR!
HUGE NEWS: MJLB CANCELLED SPLIT FOR ACQUISITION!!! SEE THEIR RECENT QUARTERLY REPORT!!!
"On October 17, 2017, the Issuer engaged in a stock split however due to ongoing negotiations with an acquisition candidate the Issuer cancelled the stock split and anticipates issuing Preferred Series A and B class of shares with a conversion option into common shares. Further details will be released in Q4 once an agreement is in place."
This pause on the sell side is a really good sign!
Now extremely oversold. Rebound coming. https://bvnewsjournal.com/ultrack-systems-inc-mjlb-touches-lower-band-is-a-reversal-in-store/109875/
Looks like Ultrack is in consolidation now. Could be the beginning of recovery. I want to hear more about this proprietary technology they are developing in their partnership.
Bout as low as she can go here. They said in one of their last press releases that they are working in a partnership on a proprietary invention. Just gonna wait for it. The next press release they issue should be a pretty damn good one.
Definitely seeing all the same as you guys... But want to add that there is incredible potential for major contracts. If these guys land just one 500k contract, see this stock bacj up to .20... If it sees 1M or 2M, BOOOM - we will all be laughing.
Good leadership (CEO). Good products (Proprietary technologies). Good initiatives (Shows and conferences). Good compliance for a small company (10Qs, et. al.).
I am an investor, I look for potential... Granted these guys have 2 patents on tech that will be required to be installed by all trucking companies by 2018 throughout Canada, and their products allow for multiple uses/applications, this is a company to watch. They also had USD on their latest filing, so maybe they have opportunities in the US as well???
Will happily put 25k-50k in this one and sit back and wait.
MJLB press release from June 7, 2017. See link: http://www.otcmarkets.com/stock/MJLB/news/Ultrack-Systems-Inc----MJLB---attending-the-2017-Atlantic-Truck-Show?id=161492&b=y
The article mentions they will be attending the Atlantic Trucking Show/Conference this weekend.
Hold in there bud. I don't think you have read their prospectus or understand the potential in this company and its CEO. They are just in the beginning months of listing on an exchange and they have a great future ahead for end of 2017 and into 2018. Their products will be required by law in the fall of 2018 and all trucking companies in Canada will need to install the type of tracking equipment which they hold 2 patents in- there are only so many companies selling these types of equipment.
The company is active, attending relevant trucking conferences to pick up new clients, and their last press release talks about the great new relationships they have made. As you may know, it takes a month or two to have lawyers draft a new contract or sales agreement for this type of product, so hopefully we hear exciting news this month or next that could send this one back over .20 cents.
That is why I keep accumulating. IMHO this is an investment for the long-term and I am prepared to wait until the fall. We just need ONE positive press release of a new client and BOOM
It all comes down to public demand and the company is no scam. You come on here and rant every month. This is a mass dilution phase and nobody knows what is happening concerning the internal workings of the company.
There is no violation of FINRA or SEC Rules on the part of Ultrack Systems because of the impact on a stock cused by advertisers. But of course, people always need be aware of penny stock promoters, and, per your earlier comments, it is those people who will be targeted by the SEC, not the company itself.
Doesn't mean you can't have other competitors in the industry.
Somethinglike 3,000,000 shares of positive buying power this week. Back on the watchlist. This company likely picked up major customers after the conference last month and trucking show coming up June 9/10. Gonna keep eyes on this one.
I am sure you are just as right today as you were 6months ago... You seem so knowledgable.
You posted your "facts" in December and again in March and again now... Don't you think it is a little far out now?
XMAN this is old news. You spammed the same garbage 3 months ago.
The company has a positive future. Please share your article/source.
New Financial Statements show increase in assets and USD!!! Does anybody know if they have expanded into the US? IF they have, this is a great investment opportunity!
I just posted it below for you. It is the trucking company... The ticker once belonged to a marijuana company, that has since flopped.
The trucking company shows a lot of promise. I am invested and will continue to invest in it. They have developed proprietary technology that will be required by the Transportation Regulatory agency in Canada by 2019, and are working on developing business relationships to pump out their technology. This company is ripe for investment as their financials are showing positive growth and they have only been around less than one year.
If you aren't sure about who a company is or what it does, check the OTCmarkets website or the SEC websites for your most reliable information. I recently found their 10Q and letter from their attorney here: http://www.otcmarkets.com/stock/MJLB/filings
Hope that helps.
About the Company
ULTRACK SYSTEMS INC (OTCMKTS:MJLB)
Toronto, Ontario, Canada-based Ultrack Systems Inc (OTCMKTS:MJLB) is a develops, implements, and distributes fleet tracking devices using GPS and proprietary technologies. Recently the company attended the Canadian Trucking Show in Montreal, Canada and announced plans to attend the Atlantic Trucking Show in June of 2017 in New Brunswick, Canada.
Ultrack Systems Inc (OTCMKTS:MJLB) reported that the product that received the most attention from attendees at the Canadian Trucking Show were their E-Log (or Driver Log) system. The Canadian Department of Transportation has adopted the mandate by the federal authorities that Electronic Logging Devices (ELD) will become mandatory in Canada in December of 2019. Ultrack’s ELD offers the user the ability to integrate their E-Log solution into their existing fleet tracking platforms without the need for an additional screen or a separate application. Ultrack believes that E-Log’s functionality combined without the need for multiple applications will provide the company with a strong competitive advantage in a highly competitive marketplace.
Earlier this month, Ultrack Systems Inc (OTCMKTS:MJLB) unveiled their obd2 add-on. This application allows remote monitoring of a vehicle’s engine RPM, coolant temperature, intake air temperature, battery voltage, fuel level percent as well as the standard speed, direction, and GPS coordinates. The add-on will require some additional hardware to be installed on the vehicle.
Ultrack Systems Inc (OTCMKTS:MJLB) provides more than just fleet data services. Their technology is also used for verifying employee hours with a range of software options to best fit the client company’s operational style. Further, Ultrack’s technology can be used by the retail consumer for their own vehicles and recreational vehicles, thereby offering a level of comfort to those who seek to better protect their valuable assets.
Discounted price. I am getting in before the next pop back up to 0.03.
Not to mention they just released new products, had a great reception at a recent convention in Toronto,and have an upcoming convention in June. Looks primed for a bounce back up towards 0.03 level. Not sure what this sonic character is preaching about.
Company appears financially sound and no issues with management. Sonic please post something credible.