RE:RE:A little realityTheGamble: People like you make forums like this “dangerous”.
Instead of presenting topical counter-arguments, you go on this binge of promoting revenue growth in spite of the fact that this cost of revenue growth might (possibly) result in losses UAV may not be able to absorb without issuing more equity at these (depressed?) prices.
I think it’s also worth considering that $600K of the $1.1 Mil raised from the warrants will go to the Aerial acquisition. They NEED to get their SP up in light of the big share portion of this acquisition:
“Pursuant to the terms of the LOI, and subject to the execution of a definitive share exchange agreement, Global UAV will purchase all of the outstanding and issued common and preferred shares of AIR for the sum of $2.4-million, which will be paid as $600,000 in cash (a portion of which will be used to eliminate all of AIR's outstanding liabilities) and the issuance of common shares of Global UAV equal to a total of $1.8-million based upon a deemed issuance price, calculated at the closing date, and based upon the volume-weighted average price (VWAP) over the 20 days preceding the closing date.”
Top line growth is a great thing but those who dismiss the cost of such growth are simply dismissing reality.
The March 6 NR described Aerial as a cash flowing business which is a chewing gum term especially if this business has debts which Aerial does have according to this NR. So is UAV buying a profitable or just a cash flowing business? Big difference!
With the SP remaining stagnant in spite of the warrants out of the way, I am clearly not the only one who wants some sort of assurance that this new management cannot only grow this little business but also create a little shareholder value along the way.
Disclosure: Flat right now but chomping at the bit to come back in on any sort of positive signal. I love paying higher prices if TRUE results justify them.