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.

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Urthecast Corp

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Comment by terminator45on Mar 15, 2017 2:10pm

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Post# 25983451

RE:RE:RE:RE:whats up with the big drop today?

auschucks: Well this shows how desparate UR needed the money. If they really didn't have an urgent need, then could have told Clarus, "we want $1.75 or we walk". Then what? Clarus certainly would not want to turn down a huge fee opportunity so they would have to oblige them. They almost certainly could have found enough believers in the story who would pay $1.75, not some bottom-fishing small fry funds looking to make a quick flip. I've seen many companies turn down deals when they couldn't get their price. Clearly UR needed the money so they caved in on the price.

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