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 29, 2017 7:58am

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Post# 26044948

RE:RE:RE:RE:RE:MUST ADMIT...

Propjoe: Knowing the reason for such a lowball bought deal gives an important insight into management's way of thinking in terms of how they deal with shareholders. I know that the brokers set the price but management does not have to accept if they believe it does not represent fair value to current shareholders. Accepting the lowball price means one of two things: 1) They REALLY needed the money or 2) They really thought their stock was overvalued at $2/share. If they weren't desparate for the cash, they could have simply walked away from the deal and do it later when they announce another MOU signing. By your reaction, I take it the bought deal did not bother you. It sure as hell bothered me and still does.

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