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[Bobwins]

TKX.v TrackX is a Canadian company mainly doing business with Fortune 100 companies in the US. They provide software to facilitate/track assets using RFID tags. They do not manufacturer the RFID equipment, only provide tracking software. This is a top pick of Keith Schaefer, Oil and Gas Investments newsletter writer. In fact, he claims to hold over 2 million shares of this stock. He thinks it could be his biggest winner.

TrackX has announced in PR's that they have secured business with Ambev Budweiser, helping them track their beer kegs. Today they announced an expansion of a relationship with a major global appliance maker. Their strategic policy is to get a small contract with a big company and prove the value of their software. Then they expand the contract. One of the common uses for the software is to track assets in a big yard. That was the usage announced today for the global appliance manufacturer.

Here is the PR:

DENVER, Dec. 03, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced another major expansion. An existing TrackX customer, one of the largest appliance manufacturers in the United States, will expand its current TrackX Yard Management solution to an additional 8 facility locations in the United States for a total of 11 facilities. To date, TrackX’s GAME (Global Asset Management for Enterprises) platform has been successfully installed in 3 locations, including at the customer’s operational headquarters in the United States. This new expansion of an additional 8 locations is planned to be completed by October 2019.

“The customer really understands the value of a technology-enabled supply chain to provide the very best experience to their customers,” said Tim Harvie, CEO of TrackX. “Through continued collaboration with the customer team, we will continue to demonstrate the full value of TrackX’s enterprise asset management solutions. We look forward to introducing additional features, functions, and workflows that hopefully will lead to a further expansion of GAME in support of other supply chain initiatives within this leading appliance manufacturer’s operations.”

The initial installation of the TrackX Yard Management solution for this customer represents one of the largest implementations completed by the Company to date. Comprised of 6 buildings, 15 yard trucks, and more than 1,000 trailers on site at any one time, the installation validates TrackX’s ability to accommodate very large and complex environments. Now installed at 3 sites, the TrackX solution has provided the results and process efficiencies anticipated by the customer and is flexible enough to support the customer’s current and future business requirements. Among the many benefits realized are improved equipment utilization, efficient labor management, increased dock efficiency, a reduction in carrier detention charges, improved security, improved gate operations, accurate inventory, and labor savings across all yard related business processes.

About TrackX

TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.

For more information, please contact:

Gene McConnell, TrackX Holdings Inc.
[e-mail]
303-325-7300

Sean Peasgood, Sophic Capital
[e-mail]
647-361-8358


DENVER, Dec. 03, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced another major expansion. An existing TrackX customer, one of the largest appliance manufacturers in the United States, will expand its current TrackX Yard Management solution to an additional 8 facility locations in the United States for a total of 11 facilities. To date, TrackX’s GAME (Global Asset Management for Enterprises) platform has been successfully installed in 3 locations, including at the customer’s operational headquarters in the United States. This new expansion of an additional 8 locations is planned to be completed by October 2019.

“The customer really understands the value of a technology-enabled supply chain to provide the very best experience to their customers,” said Tim Harvie, CEO of TrackX. “Through continued collaboration with the customer team, we will continue to demonstrate the full value of TrackX’s enterprise asset management solutions. We look forward to introducing additional features, functions, and workflows that hopefully will lead to a further expansion of GAME in support of other supply chain initiatives within this leading appliance manufacturer’s operations.”

The initial installation of the TrackX Yard Management solution for this customer represents one of the largest implementations completed by the Company to date. Comprised of 6 buildings, 15 yard trucks, and more than 1,000 trailers on site at any one time, the installation validates TrackX’s ability to accommodate very large and complex environments. Now installed at 3 sites, the TrackX solution has provided the results and process efficiencies anticipated by the customer and is flexible enough to support the customer’s current and future business requirements. Among the many benefits realized are improved equipment utilization, efficient labor management, increased dock efficiency, a reduction in carrier detention charges, improved security, improved gate operations, accurate inventory, and labor savings across all yard related business processes.

About TrackX

TrackX, Inc. (TSX.V:TKX ), based in Denver, Colorado, is an enterprise asset management company deploying SaaS-based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the IIoT by providing unique item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. TrackX delivers significant value to a growing list of Fortune 500 companies and for customers in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.

For more information, please contact:

Gene McConnell, TrackX Holdings Inc.
[e-mail]
303-325-7300

Sean Peasgood, Sophic Capital
[e-mail]
647-361-8358

TrackX is still not profitable but getting very close. Last qtr ending 6/30/18, they reported a loss of around C$250K, including significant amortization that made them cashflow positive. Their year end is 9/30/18 so year end financials should be published in January 2019.

I think TrackX is on the verge of profits and with high software margins, should move into solid profitability in 2019.

TrackX now Services Three of the Top Six Food and Beverage Companies

DENVER, Oct. 25, 2018 (GLOBE NEWSWIRE) -- TrackX Holdings Inc. (TSX.V:TKX FRANKFURT: 3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, today announced a major expansion of its current implementation of its GAME (Global Asset Management for Enterprises) platform to manage yard operations for a Fortune 100 client. The customer, which is the world's second largest processor and marketer of chicken, beef, and pork, has chosen to expand TrackX’s solution from 8 currently installed locations to all 17 beef and pork locations. This expansion is expected to be completed by June 2019.


http://www.trackx.com

TrackX is recommended by the largest hardware company selling RFID equipment and tags. The size of the companies buying this software is remarkable, given TrackX's small relative size. Since they do most of their work in the US, there is a substantial currency adjustment each qtr.

I have a small position in TrackX and think it could be big in 2019.

Bobwins