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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

Comment by aushuckson Dec 23, 2018 4:28pm
110 Views
Post# 29152360

RE:RE:best F9 launch view ever !

RE:RE:best F9 launch view ever !Goes to show you how you think.  Larson, both of them are multi millionaires, They made their riches off the back of shareholders.  They both saw an opportunity of a lifetime and took it, anyone would.  Scott was the smartest of the two though, he involved Chell to catapult them to 5$ and did the 100M raise to buy the near defunct satties.  The other Larson wanted to do the same when he was at the helm elbiet in desperation, Sai said no and quickly dismissed him.

It's way to late for a pump now, the market and financiers have all but figured them out.  Here's a look into my crystal ball, skidmores are out, Sai's in default, 2 legal disputes have given them cold feet.  It doesn't take rocket science, no pun intended, Sai will drag this out until December 31st and make a terse announcement at 4:45pm PST, the deal is dead and they will continue to seak alternate transactions with other lenders.  Sp 10-11 pennies unless the market has already factored in the failed deal.

There may be one more kick at the cat, another financing at an embarrassing low  price which I'm sure Sai is cringing at right now thinking of how he's going to convince the market and what he needs to do to keep employed.  There's no money to made from the birds in space so forget about trying to sell them. Then there's the matter of  continued listing on the TSX, there will be no more extensions.  Has anyone taken a head count of remaining employee's?

This really suX, i'm pretty much a major shareholder and as the old saying goes, never fall in love with a stock, get out of dodge when those who started or built the company leave.   Game over if Sai annouces his resignation.
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