Ultrack Systems (OTCMKTS:MJLB) closed Monday night at $0.0628 up 7.37% in heavy trading of 1,539,839 shares, and said it is making progress on USA-Canadian simultaneous certification as well as entering the European market with the addition of the ‘Teltonika’ product line. Investors have been awaiting news on North American certification on its flagship Ultrack DriveLine.… Continue reading Ultrack Systems (OTCMKTS:MJLB) Reports Progress On USA-Canada Certification, Readies European Entry With ‘Teltonika’ Product Line
Ultrack Systems (OTCMKTS:MJLB) closed Wednesday night at $0.0595 as investors await news on its flagship Ultrack DriveLine ELD. MJLB stock trading was heavy, with Wednesday volume at 1,649,341 shares versus. average daily volume at 1,317,722. It has reprogrammed the product for ELD approval in Canada and certification news is available at its website at http://ultrack.ca… Continue reading Ultrack Systems (OTCMKTS:MJLB) Closes Wednesday Night At $0.0595 In Heavy Trading As Investors Await News On Flagship
As of June 12, 2022 Canadian fleets must register approved ELDs. Electronic logging devices (ELDs) are equipment that automatically records driving time in commercial motor vehicles. This helps make sure that drivers are compliant with hours of service regulations resulting in reduced fatigue for drivers, improved administrative efficiency, and safer roads. On May 5, 2021,… Continue reading Ultrack Systems, Inc.(OTCMKTS:MJLB) Offers Unique ELD Opportunity
The global fleet management market size is expected to grow 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. According to Markets and Markets research. One vertical poised for growth are Electronic Logging Devices in Canada. Canada has instituted… Continue reading Ultrack Systems Inc. (OTCMKTS:MJLB) Could Fill Major ELD Need in Canada
Ultra Systems Inc. (OTCMKTS:MJLB) is currently trading at $0.0566, with more than 91K shares exchanging hands today compared to an average daily volume of 1.49M. Interestingly, the stock has a 52 week high of 26 cents, suggesting considerable room for the stock to run up if the Company releases any positive news. Let’s dive into… Continue reading Ultrack Systems, Inc. (OTCMKTS:MJLB) Could Bounce Hard. Here’s Why.