Welcome to our dedicated page for Ultrack Sys news (Ticker: MJLB), a resource for investors and traders seeking the latest updates and insights on Ultrack Sys stock.
Ultrack Systems Inc. manages a diversified technology and asset-management portfolio focused on smart logistics, digital health, consumer wellness, and related growth businesses. News for MJLB centers on the commercialization of its Ultrack security, surveillance, and logistics tracking activities; the Better Pets subsidiary and its pet wellness products, including Health Canada-approved product development and trademark protection; and PUR Rx, a digital health and natural health pharmacy platform formed through joint-venture relationships. Company updates also cover brand development, distribution channels, strategic partnerships, and capital-structure or shareholder matters tied to its OTC-traded public-company status.
MJLB (TSX:MJLB) appointed security industry veteran Sean Dodds to accelerate commercialization and expansion of its Ultrack division.
Management projects Ultrack can scale to $2M–$5M in near-term annual revenue with potential to exceed $10M+ via partnerships, aiming to add recurring, high-margin monitoring and service contracts.
Ultrack Systems (OTC: MJLB) reported 2025 progress for wholly owned subsidiary Better Pets, including Health Canada regulatory validation, the October 2025 commercial launch of Pet Balm, and an AI-driven e-commerce site now live at mybetterpets.com.
Other milestones: USPTO trademark correspondence (Feb 9), packaging and retail-ready merchandising, and distributor interest representing approximately 1,800–2,000 retail locations pending final rollout. Management plans pre-sales, digital marketing acceleration and evaluation of U.S./EU entry in 2026.
Ultrack Systems (OTC: MJLB) announced on October 21, 2025 a Memorandum of Understanding with Empire Media Worx to act as creative agency of record for a full rebrand and marketing push of its Better Pets pet wellness brand.
Empire Media Worx will handle brand identity, media strategy, content production, campaign planning and analytics to support Better Pets’ Health Canada–approved product launch and early retail traction. The company says the initiative aims to accelerate online sales, expand e-commerce and consumer-health exposure, and enhance shareholder value as Ultrack targets the global pet wellness market.
Ultrack Systems (OTC: MJLB) has announced the launch of Better Pets Pet Balm, its first Health Canada-approved product through its subsidiary Better Pets. The company is implementing a four-phase market entry strategy with a lineup of seven SKUs including balms, sprays, and drops, with more products in development.
The company has secured partnerships with major Canadian distributors, including Freedom Pet Supplies which serves over 1,800 retail clients. The products will be available through direct-to-consumer channels and retail partners. The launch comes as the global pet care market exceeded $270 billion in 2024, with projected growth of 6% CAGR through 2030.
Ultrack Systems (OTC: MJLB) has announced significant trademark developments for its Better Pets subsidiary. The company has secured a Canadian federal trademark registration (Registration No. TMA1339765) effective August 15, 2025, valid for 10 years. Additionally, Better Pets has advanced its U.S. trademark application (Serial No. 97929972) with the USPTO.
The company operates in the global pet care market, valued at over $270 billion in 2024 with a 6% annual growth rate. Better Pets' trademark application focuses on non-medicated grooming and cosmetic care products, including shampoos, conditioners, and hemp-derived products. The USPTO is expected to review the filing within 1-2 months.
The company plans to announce additional product updates and strategic roll-out plans for its seven-product roster in the coming weeks.Ultrack Systems (OTC: MJLB) has announced a strategic partnership with PUR Botanicals as the third partner in the PUR Rx joint venture, alongside Synergy Health Rx Corp. The venture aims to create a fully vertically integrated natural health pharmacy platform in Canada.
Each partner brings specific capabilities: PUR Botanicals contributes its Health Canada license and facility infrastructure, Synergy Health Rx manages patient care and prescriptions, while Ultrack Systems handles marketing and brand development. The JV projects $18.75 million in annualized gross revenue based on 12,500 active patients spending $125/month. Ultrack holds a 30% stake in the venture.
PUR Rx will generate revenue through direct-to-patient sales, white-label products, patient services, and brand licensing. The platform integrates prescription services, product delivery, and patient care in one ecosystem.
Ultrack Systems (OTC: MJLB) has launched PUR Rx, a digital healthcare platform, through a 50/50 joint venture with Synergy Health Rx Corp. The platform aims to revolutionize prescription therapy access in Canada, where the digital health market is projected to reach CAD $4.7 billion by 2026 with 8.3% annual growth.
Ultrack will spearhead marketing and brand development, committing up to $10,000 quarterly in marketing spend through 2025. The venture combines Ultrack's digital expertise with Synergy Health's healthcare infrastructure, targeting 25-30% annual revenue growth over three years through recurring service fees, prescription margins, and third-party partnerships.
Ultrack Systems (OTC: MJLB) announced that Better Pets, its recent strategic acquisition target, has filed a U.S. trademark class application for its pet wellness product line. The application covers three key product categories: Class 3 (non-medicated pet products), Class 5 (medicated products & supplements), and Class 31 (edible pet products).
The move positions Better Pets to enter the thriving U.S. pet care market, which reached $137 billion in 2024, with pet wellness accounting for over $11 billion. The product line includes grooming items, nutritional supplements, and wellness-focused treats, targeting the growing demand for premium pet care solutions.
Ultrack Systems Inc. (MJLB) has signed a Memorandum of Understanding (MOU) to acquire Better Pets, a premium pet wellness company from Better Health Sciences portfolio. This strategic acquisition aims to expand Ultrack's operations into the rapidly growing pet industry, which currently values at $157 billion in the U.S. and is projected to reach $350 billion globally by 2027.