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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

Bullboard Posts
Comment by Links68on Aug 02, 2017 11:30am
195 Views
Post# 26538246

RE:RE:RE:RE:RE:RE:No news before meeting next week

RE:RE:RE:RE:RE:RE:No news before meeting next weekRetire & Night,  I was there with you guys and your sentiment.  I admire your patience.  Just like you guys, 3 years ago this was a 5 year play for me.  At this point I'm seriously reconsidering and it really comes down to 2 things:

1) the original story of the HRC on the ISS was compelling.  Unfortunately this didn't pan out like we all hoped - that's actually ok because they brilliantly raised money at the perfect time, purchased Deimos and announced OptiSar & UD.

2) However, we haven't seen much in the way of tangible advancement on their plans in 2 years.  Sure there are some MOUs, but big deal - these mean nothing unless converted.  Sure there is actually a signed contract, but again big deal - without other MOU conversions by the end of this year that contract basically becomes as good as the paper it's written on.  Sure, the OptiSar technology has been proven and patents have been filed, but big deal - without good execution and a sales team that can prove the value of the technology to the end customers these are also useless.

Realistically the next 3 months will tell us where the share price will be in the next 3 years.  Without any further progress on OptiSar contract conversions we basically take a 2 year step back in its progress and then the program/business model likely needs some revaluation.

UrtheDaily seems to have the highest chance of proceeding on or close to schedule.  What does this add to the shareprice?  Maybe $0.50 at most until launch.  

This coming release I need to see some indication of significant organic growth and more than just "shortly" on OptiSar progress.  If not, my long-term investment may turn into a short-term one.

I hope the both of you are right...  the silence from UR has been deafening.

GLTAL!  A lot of us have been here a long time and our patience better be rewarded.


Bullboard Posts