Ultrack Systems Inc (MJLB)

[JakeFromSF]

Why I am excited about Q2 after release of Q1 details:

Note: Q1 covers January 1st - March 31st

1.) Contracts with 2 high end car rental companies on February 11th. Doubtful they gave us the full payment of the contract upfront so keep an eye out for future revenues from these contracts. https://backend.otcmarkets.com/otcapi/company/dns/news/document/46961/content
2.) March 12th our J1939 becomes available for purchase. "This product is specifically designed for the non-ELD fleet industry that still want all the data an approved ELD device provides."

$MJLB’s j1939 device is in final software testing phase and will be available for sale by Friday. This product is specifically designed for the non-ELD fleet industry that still want all the data an approved ELD device provides. Updates on our official approved ELD coming soon.

— Ultrack Systems Inc. (@UltrackI) March 10, 2021

3.) Expanded presence into Calgary March 22nd.

pic.twitter.com/PvzIKvsLgM

— Ultrack Systems Inc. (@UltrackI) March 22, 2021

4.) The bulk of research and development costs should be behind us! Seeing as we have our manuals out, which means the product is virtually complete (just need that last hurdle of certification to be cleared)

Manuals in! pic.twitter.com/wD02Gm9STp

— Ultrack Systems Inc. (@UltrackI) April 5, 2021

and we upgraded our server on March 30th "to 2-xeon 8 core 16 thread cpu's 128gb ecc ddr-4 ram"

to 2-xeon 8 core 16 thread cpu's 128gb ecc ddr-4 ram to meet the demands of the ELD launch in the coming months. More news to come this week!

— Ultrack Systems Inc. (@UltrackI) March 30, 2021

5.) The EV market hinted at in this PR from December 14th: https://backend.otcmarkets.com/otcapi/company/dns/news/document/45805/content
We are paving the way for further expansion into the EV market and are targeting to arrive in Q2 of 2021.

a.) And then followed up with this PR from April 14th: https://backend.otcmarkets.com/otcapi/company/dns/news/document/48803/content
"Ultrack has added three new features to our web portal specifically for the EV niche that precisely monitors the vehicle's battery state of charge, charging status, and remaining battery time. Ultrack has already tested these new features on the world's most popular EV vehicles including Tesla models and BMW brands. The kind of precise information...is invaluable to government and fleet vehicles." Cough cough
6.) April 19th, first mention of Apps made by Twitter account.

$MJLB We have always had an app for tracking your phone We now have an app for seeing your fleet via phone/tablet. This will be a great service for our clients and adds to the complete package we provide. pic.twitter.com/kt7GE3Tpvo

— Ultrack Systems Inc. (@UltrackI) April 19, 2021

Approval of 3 Apps on April 30th:

$MJLB Just received approvals for 2 Android and 1 Apple app on the Apple store and Google playstore.https://t.co/GsbBVMXL6Chttps://t.co/91I8YJMK0t

— Ultrack Systems Inc. (@UltrackI) April 30, 2021

Approval of 4th App today:

Dear Michael
The following app has been approved for the App Store:
App Name: Ultracker
App Version Number: 1.0
App Type: iOS
App SKU: ca.ultrack.ultracker

— Ultrack Systems Inc. (@UltrackI) May 17, 2021

7.) May 11th, Twitter account reports calls are coming in and response from advertisements have been very good!

$MJLB Our second Ad in Canadian Trucking magazine will be out this weekend. Response has been very good and the calls are coming in. Expecting Apple approval this week on our Ultracker iOS app. Setting up our sales force in Ontario and Calgary and possibly Atlantic provinces.

— Ultrack Systems Inc. (@UltrackI) May 11, 2021

8.) ELD hasn't even hit the market yet!

WE ARE NOT A ONE TRICK PONY! The ELD is massive for sure, but MJLB has shown we can succeed with our other assets! If you think Q4-Q1 was massive and profitable - look out!

Jake