Ultrack Systems Inc (MJLB)

[lk52q]

CEO Michael Marsbergen finally unleash the beast! $MJLB

Ultrack CEO Michael Marsbergen commented on the MOU with M-Loan Inc: "This is Ultrack's second planned acquisition of an American trucking company. Ultrack also continues to move toward the final agreement with Power Moves Transport, Inc. (PWTI). I am highly confident that acquiring multiple North American trucking companies that are in line with Ultrack's mission and other existing business adds significant value for Ultrack's shareholders. I envision a day in the not-too-distant future of fleets of North American trucks doing business all under the Ultrack banner. As far as Ultrack's game-changing ELD certification progress, we are currently at about the 90% completion mark with the approval agency, and we have received additional testing clarification from Transport Canada. While we await the final approval, I continue to add value to the Company."