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Urthecast Corp LFDEF

Technology Software - Application
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

Urthecast Corp > Deimos Value?
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Comment by onxy10122012on Jul 27, 2019 2:56pm
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Post# 29967328

RE:Deimos Value?

RE:Deimos Value?When Deimos was purchased Urthecast had a bought deal purchase agreement with Ramond James @ $4.00 per share to make up the remaining 42 million needed. Debt was the remaining 37.5 million euros at that time which I think is now 25 million euros/37 million Canadian dollars outstanding, which leaves them with approximately 87M  ( sale price a guesstimate) - 37M (Sabadel debt) leaves them with 50 Million?

Anyone care to comment or
correct me, open to discussion 
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