Ultrack Systems Inc (MJLB)

[work-n-hard]

I respectfully disagree, with the notion that he will/can effect a R/S or raise the AS's without getting current with Nv.
I've notice many other tickers be in this situation and none of them filed anything, while it still showed them as being in Default.
They always showed Active, when those filings were posted.
Think about this: You are in Default and owe us money, but please continue to utilize out system to carry on business as usual???
And as far as how much it cost to become Active, how great or little the cost, I still don't see a company in this situation spending that money before they really have to. Looks to me, that without selling more shares, they were basically Broke.
But all that said, he still had/has AS's to sell, so he had no real need to update Nv., but now, maybe the need is there.
Anyway, we'll see what happens, but I think before anything else gets posted, he will need to reattain Active Status.