MicroTRAK – Stock Guru Profile MicroTRAK – OTC: MIOK
Looking for numbers and reading between the lines.
If you review MicroTRAK’s filings you will see on February 20, 2006, they filed their last annual report.
What we know:
MicroTRAK has since their last Annual Report become the exlusive original equipment manufacturer for Land Rover and Jaguar.
MicroTRAK recently announced increased earnings for January of 2007 over $640,000 which represents an increase of 400% when compared to January 06.
MicroTRAK recently stated: “the expenditures on product development and IT systems will pay off in the current year.”
MicroTRAK announced the retention of Malone & Bailey as their accounting firm and underscored the importance of exposure to the financial community and Malone & Bailey’s position of having as clients the largest number of SEC clients of all non-national accounting firms, serving over 100 small public companies.
MicroTRAK’s president recently announced the addition of a new controller referencing the company’s rapid growth and their need for a specialist in the field of growth projection and expansion.
MicroTRAK has made moves a company that has evidence of sustained growth would take. The last earnings announcement was 400%; they have retained a firm that represents small public companies; they have a new controller experienced in growth projection and expansion.
It might be the time to take a very close look at this company before the numbers come out and everyone figures out this company is signaling growth at every announcement.
MicroTRAK GPS
9101 LBJ Freeway
Suite 100
Dallas, TX 75243
Phone: (214) 361-8812
Toll Free: (877) 361-8813
Fax: (214) 594-5933
Email: sales@microtrakgps.com
Website: http://www.microtrakgps.com%20
MicroTRAK GPS, an operating subsidiary of The Tracking Corporation, is a Dallas-based total-solutions provider, with ventures in the asset tracking and vehicle recovery markets. MicroTRAK GPS functions as a multi-faceted corporation focusing on a turn-key approach. This level of dedication provides them with expertise in developing, designing, providing, manufacturing, distributing and servicing GPS technology and products. If you are interested in viewing additional information on The Tracking Corporation, please visit the website at: www.microtrakgps.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by he safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although The Tracking Corporation believes the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by The Tracking Corporation or any other person that the objective and plans of The Tracking Corporation will be achieved.
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