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Global UAV Technologies Ltd C.UAV

Alternate Symbol(s):  YRLLF

Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. The Company, through its wholly owned subsidiaries, provides a full range of UAV-based services and products, including production, research and design of professional grade UAV’s, geophysics and remote sensing survey services, and regulatory consulting and management. The Company's subsidiaries include Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging In., UAV Regulatory Services Ltd, and NOVAerial Robotics Ltd.


CSE:UAV - Post by User

Comment by kidl2on Mar 02, 2018 10:29am
107 Views
Post# 27651122

RE:Halt

RE:HaltThere was simply nothing in this NR to justify the halt.

At the very least, they should have addressed the “surprise” expense items like the never before seen cost of goods, the crazy increase in consulting fees and share based compensation.

Growing sales is great but if expenses all of a sudden go sky high, shareholders are entitled to a detailed explanation / justification. Today’s NR should have provided a lot more info than it did.

Now shareholders are “flying blind” for another month in terms of ongoing expenses until Q1 shows up.

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