Urthecast Corp T.UR

RE:RE:I might pull out

[goldspeculator1]

Good riddance.  It's amazing the lack of patience people have for news.  

The Company has come out with two arguably blockbuster contract announcements in the last month that I think it is fair to say were unexpected by the market so early in the year.

Revised guidance/CFO leaving - I think that the real test in the numbers will be the lumpiness of the Engineering Services contract of 65M.  If the Company didn't meet certain conditions in Q4 then that would explain a revised number down, but as they've stated numerous times those are not fully predictable on a technical basis.  

New CFO - The Company just significantly upgraded the CFO position and people are looking for all of the ghosts in the closet.  "During Mr. Chu's 12-year tenure at Seaspan, it became the largest container ship lessor in the world, raising over $10-billion in capital through a series of innovative transactions to support its growth."  Isn't this exactly what Urthecast needs to get to the next level? 

Understanding that there is significant seasonality in the EO business a continued ramp in Q4 there would be a significant positive as it will show the strength of the Deimos platforms going forward and makes for a bright 2017 for the underlying business.

What I would like to see coming out of the Q4/year end conference call is greater discussion on status for the Urthedaily constellation.  What are the thresholds for financing etc?

All in all people need to get a grip.  If you're in this for the long haul then you should be over the moon based on the progress that has been made ytd.  If you're not then trade it and or sell and be done with it.  This is a patient game.

I personally have watched this company over the last two years and finally pulled the trigger 6 months ago.  Yes that means I haven't taken my lumps like many of you, but I do honestly believe the Company is finally beginning to live up to the hype...not yet in SP but in actual execution.  This company has the potential to do great things and if the first 30 days of 2017 have been any indication there is a lot more good to come.

GLA