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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 > Finally!!!
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Comment by 454Joeon Jan 14, 2019 6:50pm
263 Views
Post# 29230605

RE:RE:Finally!!!

RE:RE:Finally!!!Well let's just think logically here. If they wanted to make the first drawdown they wouldn't have demoted Fabrizio (who then quit) and would have had the financing sealed. But obviously they were not happy with the terms so now they are going elsewhere. You can tell that everything is going to plan so far...they are cutting cost (hence the co-op positions) they are collecting revenue, directors are contributing their own money and are defering compensation, new revenue with geosys, new contract, etc. So far they are executing on what they promised. I think they will get a better financing deal done. As far as the stock, I don't know, but I Know im not selling.
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