Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Global UAV Technologies Ltd C.UAV

Alternate Symbol(s):  YRLLF

Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. The Company, through its wholly owned subsidiaries, provides a full range of UAV-based services and products, including production, research and design of professional grade UAV’s, geophysics and remote sensing survey services, and regulatory... see more

CSE:UAV - Post Discussion

Global UAV Technologies Ltd > If you're serious please read - Otherwise BUGGER OFF!
View:
Post by zero2million on Oct 31, 2018 5:57am

If you're serious please read - Otherwise BUGGER OFF!

This board has become a cesspool of misinformation and mindless bashing.

I find it hard to read through the comments without blocking someone. Seriously folk's - Do you not have anything better to do with your time???

 

To the serious readers:

  • Create and account on the 8020 Connect forum- Andrew Male is responding to questions! It might take time for him to respond, but when he does he responds in full. If you have serious questions for company management (not stupid questions like "what are you doing to get the share price up?") then ask away! I have personally asked many questions and am very satisfied with the answers Im getting.
  • UAV is still a strong play in the drone space - My view hasn't changed even though the share price sucks.
  • Every week it is becoming more evident that UAV is positioning itself to become leader in the automated drone services space. 
  • UAV is making substantial revenues which no other competition in this space (in Canada) is doing.
  • Management is invested and is working hard to get the share price up - I know this because I had a phone call with one of the team members and I can assure you STUFF IS HAPPENING! (If Im not convincing you, the please pick up the phone and call Andrew Male. He will answer your questions.)
  • If I could, I would be buying more shares. Unfortunately the current market decline has made it too perfect to pick up other companies I like - so my cash is being invested in the broader markets. 

If you're getting tired of holding on to UAV, if you're hoping for that super duper awesome news release thats going to turn everything around - Im afraid you're going to have to hold on a bit longer.

I believe that year end is going to be messy. NOT BAD, just messy. I believe we're going to see similar numbers to Q3, just with more Year End stuff on the accounting side. That means potential losses from impairments and possibly adjustments from previous quarters. So take for example the travel expenses that everyone was up in arms about - I believe some of those expense may have been wrongly allocated (Based on my due diligence) and some of it might be capitalizes vs expensed.

Another correction may be in the share compensation (But I don't have enough detail about that one...).

 

Long story short, I do believe that Q4 numbers as far as revenues will be similar to Q3, but the annual statement will provide much clarity. 

 

Overall, UAV will have a great 2nd year, with an awesome 3rd year lining up!

 

Go longs!

PS - Some people have messaged me why Im not commenting on the UAV board and if I have sold: I have not sold and  Im not commenting on this board as much because its a waste of time and the 8020 Connect forum is better.

Comment by Million2billion on Oct 31, 2018 9:25am
Thank you for sharing the facts and your thoughts. I hope it stay this way for awhile hehe so i can buy some more
Comment by ClockworkRed on Oct 31, 2018 9:44am
But are you serious? Really? When you guys talk about doing DD, it's absolutely ridiculous. You don't do DD by calling management, and getting their saccharine responses to your questions.  You need to actually open your eyes to what is going on. The only company in Canada making money in this space?  Are you kidding?  What do you know!?  Are you in Vancouver ...more  
Comment by zero2million on Oct 31, 2018 11:16am
Hi ClockworkRed, You're right, there are other drone companies making money. I should have said that UAV is the only PUBLICLY TRADED company making significant revenues (in the nanocap space...). Also, if you are a serious investor you should ask UAV management about the conference on the 8020 forum. Im sure they will answer you at some point. Have a great day.
Comment by BLB0691 on Oct 31, 2018 7:32pm
Mike Burns of Global UAV will be part of a 3-person panel at Unmanned Systems Canada Conference tomorrow in Vancouver. He will discuss the vertical market for drones in mining and forestry with Deveron UAS and the Province of BC. https://bit.ly/2Js5W10 @UnmannedCanada
Comment by eqimic9 on Nov 01, 2018 12:26am
hahah how to capitalize travel costs???
Comment by greenrush on Nov 01, 2018 8:43am
Management is invested?!?! Lol  Besides Mike Burns who rumour has it is being paid from both Pioneer and Global UAV at the same time each month. Who from management actually has a decent share position in this company?! Does Andrew Male or Stewart Bailey even own a single share? I don’t think they do from what I can find, which would explain the brutal decisions being made with the ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities