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Urthecast Corp T.UR


Primary Symbol: 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

Post by bart83NLon Jan 15, 2019 3:26pm
247 Views
Post# 29235674

Re: press release

Re: press releaseI think it makes sense to reconsider the financial position and financial reports of a company when you give them a loan of 142 million. Especially when there is a going concern matter. I think the very weak Q2 and Q3 results made the New York Bank doubt whether to continue with this. But it is not of much matter know anymore how it went. Hopefully they can get a better deal with less dilution and less exercisable warrants / options at low stock levels. 
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