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Urthecast Corp T.UR


Primary Symbol: LFDEF

UrtheCast Corp is a Vancouver-based technology company that serves the geospatial and geo-analytics markets with a variety of products and services. The company operates earth observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast's cloud-based web platform and distributed directly to partners and customers. The company's primary source of revenue is from earth observation imagery and engineering. Geographically the company offers its services to Europe, Russia, Middle East, Africa, South Asia, and the Americas. Its only operating segment being the provision of the Earth observation imagery, geo-analytics products and services, and engineering and value-added services.


GREY:LFDEF - Post by User

Bullboard Posts
Comment by goldspeculator1on Feb 14, 2017 11:16am
200 Views
Post# 25843017

RE:Stockhousejohn:

RE:Stockhousejohn:Financing:

It would make sense that they would tap the market for additional capital to fulfill the equity component that the banks would require with EDC coverage.

On a positive note I would expect that additional contracts will be signed and announced prior to an equity raise which would in a perfect world push the stock up a chunk prior to that.

Perhaps I am wrong here but I don't think that 100% debt funding is in the cards here, but I would love to be proven wrong.

GLA
Bullboard Posts