Ultrack Systems (OTCMKTS: MJLB) Tweets It Is Running ‘Final Running Tests’ On DrivelineELD Prior To Certification Submission

August 18, 2021

Ultrack Systems (OTCMKTS: MJLB) is getting closer to certification on its Driveline ELD product.  It sent a Tweet yesterday that said: “Sunday evening we received the final build 1.30 of the DrivelineELD. Yesterday and today will be spent running final running tests and doing any windows updates on the devices being submitted for certification.” Yesterday, the MJLB stock closed at $0.0550 in light volume of 579,581— about half its daily…


Ultrack Systems (OTCMKTS: MJLB) Awaits DrivelineELD Certification After Reporting Q2 227% Revenue Spike

August 17, 2021

Ultrack Systems (OTCMKTS: MJLB) and its shareholders are awaiting certification for its Driveline ELD product. Last week it reported a historic 227% jump in Q2 revenue, the three months ended June 30, 2021, to $162,055 vs. $49,415 the comparable period the prior year. The 227% hike in Q2 sales showed the commitment of company management to its business model. The anticipated certification in Canada and the USA for its DrivelineELD…


Ultrack Systems (OTCMKTS: MJLB) Stock Staged For A Breakout This Week After Q2 227% Revenue Spike

August 16, 2021

This week Ultrack Systems (OTCMKTS: MJLB) may be primed for a break out. The company reported last week a 227% jump in Q2 revenue, the three months ended June 30, 2021, to $162,055 vs. $49,415 the comparable period the prior year. And two major news items broke: MJLB said it is ready to receive its certification in Canada and USA for its DrivelineELD product. It is also planning to enter…


Ultrack Systems (OTCMKTS: MJLB) Reports A Q2 227% Jump In Revenue To $162,055 And Net Gain For The Period Vs. Loss Last Year

August 13, 2021

Ultrack Systems (OTCMKTS: MJLB) reported a 227% jump in Q2 revenue, the three months ended June 30, 2021, to $162,055 vs. $49,415 the comparable period the prior year. The filing with the OTC of unaudited financials also showed a net gain the the three months of $16,550 compared to a net loss of $152,254. The primary difference in the period was a reduction in officer compensation to $9,222 compared to…


Ultrack Systems, Inc. (OTCMKTS:MJLB) Updates Investors on New Website

Ultrack Systems, Inc. (OTCMKTS:MJLB) provides GPS tracking and other solutions for commercial fleets.  Yesterday, the company released a string of Twitter updates about the company’s updated website including a new product page for one of its most promising products, the Driveline ELD. The Driveline ELD is an Electronic Logging Device, which is a piece of hardware used to record driving time for commercial motor vehicles. It plugs into a vehicle’s…

August 12, 2021

Ultrack Systems (OTCMKTS: MJLB) Unveils New Website, Sends Corporate Tweet Regarding Completing Weekend Testing, Upgrading

August 9, 2021

Ultrack Systems (OTCMKTS: MJLB) unveils a new corporate vision website and has tweeted regarding completing in-house testing this week and said it has fixed any major/medium/minor bugs in its product. “We have also been adding a 2-way messaging system from the backend server to vehicle. Just added another benefit for our clients.” Prior, it made news when it announced it would begin shipments this week its upgraded solar-powered Dry Van…


Ultrack Systems (OTCMKTS: MJLB) Upgrades Solar-Powered Dry Van Tracker Product, Plans First Shipments Starting Next Week

August 6, 2021

Ultrack Systems (OTCMKTS: MJLB) plans to begin shipments next week of its upgraded solar-powered Dry Van Tracker. It will have a 4/5G/LTE improved solar panel and housing plus improved battery capacity. In a corporate tweet today, MJLB said it was planning for initial shipments of the product to begin next week. MJLB is making news and said it is making progress on USA-Canadian simultaneous certification as well as entering the…


Examining Ultrack Systems Inc. (OTCMKTS:MJLB) Unique Opportunity in Two Continents

August 5, 2021

The global fleet management market size has been forecasted to grow over $10 billion in the next 5 years.  From USD 19.9 billion in 2020 to USD 34.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period, Markets and Markets research reports. One vertical poised for growth is Electronic Logging Devices in Canada.  Canada has instituted a mandate for commercial vehicles to use…


Ultrack Systems Inc (OTCMKTS: MJLB) Concludes Reprogramming of its DriveLineELD Invention

July 27, 2021

Ultrack Systems Inc (OTCMKTS: MJLB) concludes reprogramming of its DriveLineELD product as per the reorganized values and necessities. New testing protocol for commercial trucks FP Innovations counseled Ultrack that a transformed analysis practice was obligatory to get authorization. However, the OBDII added the analysis procedure to the process, and as per the Government’s order dated January 2021, this analysis procedure was not a requirement.  Adding the OBDII analysis procedure to…


Ultra Systems Inc. (OTCMKTS: MJLB) Finalizing Reprogramming DriveLineELD Solution As Per Requirements

July 19, 2021

Ultrack Systems Inc. (OTCMKTS: MJLB) dropped 6.2% in the last trading session. The company announced the reprogramming of its DriveLineELD products as per the latest requirements and standards.  Ultrack reprogramming DriveLineELD solution  In a press release on April 29, 2021, FP Innovations advised the company about the need for a reformed testing protocol to receive certification. As a result, the OBDII test protocol was included in the procedure, although the…