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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 greenrushon Oct 17, 2018 10:16pm
48 Views
Post# 28824206

RE:RE:RE:Another nice little shake out

RE:RE:RE:Another nice little shake out From my point of view, I invested in this company welll over a year ago when spending was under control. They were profitable back then too. Still going to conferences, growing by acquisition and doing work all over North and South America. Then new management came in and all I see is unexceptable (multiple times)increases in spending across the board with little to show in growth.  As for the BVLOS and this supposed army collaboration, they both remind me of a last year when they demonstrated their drone to the department of defence along with other drone companies too and I had really high hopes, but nothing every came of it. Not sure current management can execute anymore. Too busy paying themselves/spending/wasting the money that should be getting used for growth and development. I can say for sure that if things don’t change soon I will be cutting losses and bailing on this company. It’s not the company I originally invested in anymore. I invested in a start up,fast growing ,technology company that kept cost low while turning a profit. Still spending money on exposure but at a rate they could afford. Now spending is absolutely out of control! Just not sustainable and I’m afraid a rollback is coming soon because of it. 
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