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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

Post by ernieballs77on Aug 27, 2020 7:17pm
178 Views
Post# 31467506

OH OH...not to mention the Spanish DEBT

OH OH...not to mention the Spanish DEBTbut look whats due in a month

The Company and Land O'Lakes agreed to further defer the remaining US $3.5 million of the second purchase price instalment for the Geosys acquisition, which would have otherwise been payable on May 14, 2020. In consideration for an extension fee of US $0.25 million and interest accruing on the unpaid balance at 10% per annum beginning on May 15, 2020, the next instalment, and this fee and interest, are now due on October 1, 2020.

3.5m US
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