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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
Comment by NowDone21on Apr 04, 2018 8:43pm
154 Views
Post# 27833061

RE:RE:Stock Price When the Deal is Final?

RE:RE:Stock Price When the Deal is Final?2 weeks is a very unrealistic timeline. According to TSX rules conditional approval for hardship exemption is only done after 5 business days from the press release that they are asking for it. So it will take until next Tuesday to get that done. And after that they will open the private offering up and god know how much time it will take to close that. Not really sure if anyone will be interested to but this now at all. For backstop commitment they will probably need to do another offering or maybe insiders will sell their stocks but that will take time as well. 
Bullboard Posts