Ultrack Systems, Inc. (OTC Pink: MJLB) is engaged in the use of wireless and GPS technologies to help manage, locate, and track assets and belongings. Shares of the technology company are gaining 20%, through early trading on Friday, May 26, 2017. Over the past month, the company saw volume of 2.33 million shares. However, volume of 4.78 million shares or dollar volume of $43,020, has already exchanged hands on Friday.
Shares of Ultrack Systems, Inc. are rallying today, after the company released first quarter 2017 earnings. During the first quarter 2017, the company reported total revenue of $31,540 and net loss of $31,631. Furthermore, the company reported total assets of $164,515 and total liabilities of $139,274, during the first quarter. Here is the income statement from the quarterly report:
Ultrack Systems, Inc. Quarterly Report:
Here is the link to the full quarterly report: Link