Urthecast Corp T.UR

Primary Symbol: LFDEF

Technology Software - Application

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

Urthecast Corp

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Comment by goldspeculator1on Jun 27, 2017 4:09pm

334 Views

Post# 26410569

RE:110.000 more

1.2M options at .75 cents = exercise cost of 900K

Cost to cover if we use a rough average selling price of 1.28/share is about 703,000 shares

George Tyc had 1,250,213 common shares after exercising his options

As of the last filing of sale he has 613,513 common shares

So the guy has sold 636,706 shares to cover the option exercise. So he is either flat or has used additional personal capital to hold on to as many shares as he could.

If there is continued selling then sure rip him and management a new one but frankly the focus should be on holding the sales and Larson accountable for missed deadlines and poor investor outreach/management.

Don't see anyone complaining about the tech side which is George's world.

GLA

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