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Urthecast Corp 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

Bullboard Posts
Post by aushuckson May 25, 2017 9:07pm
197 Views
Post# 26286027

a sell is a sell is a sell

a sell is a sell is a selljust like a loss is a loss is a loss and it doesn't matter what kind of spin you put on it.  with all due respect to us longs things are just not looking good at all. the cto sells 200k shares in a downward trending sp when he had ample time to sell in an uptrend in feb. or march which in my opinion doesn't raise as much as a red flag.  i don't like insider sales but it is a fact of life and part of their overall compensation.

chances were he sold into the bid just like the market has been doing since the begining of April and from mid 2015 to the begining of 2017.  they raise 19.5M on a bought deal at 1.50 while the sp is at around 1.75 and now the Cheif Technology Officer and CO-FOUNDER is dumping stock at 1.30? UR gets a government handout for  17.6M and he's selling stock?  what message does that send the SADI funders [our tax dollars]? we shouldn't be piling in, we should be piling out. of course I realize its only 200k shares but thats not really the point here, investors are losing a lot of money.

advice for new investors, stay away, don't buy the pump, buy the facts which are news releases, and don't worry, on a halt or NR before the market opens you will still make money if you act quick enough.  this investment has lost people a lot of money unless they bought under a buck and sold up to 2 bucks.  people got burned at 4.00 and now 1.50.  take a look at HCG and AIM, see any chart similarities?  wait till Q2, won't be pretty, their operating costs are going to bury them and they will be looking for more money.  all imho of course :)
Bullboard Posts