Urthecast Corp T.UR

Primary Symbol: 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 > Waiting a long time

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Comment by goldspeculator1on Dec 11, 2019 9:13am

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Post# 30443142

RE:RE:Waiting a long time

Current shares outstanding of roughly 142M

$27M worth of debentures that haven't converted = believe the conversion is around .35 cents so that converts out to 77M shares

122M warrants or so sitting out there at an average of .42 cents

If the company gets there you're looking at less than $3/share for your valuation around a billion.

The nice thing is if this company gets legs and can complete the sale/financing then there will be plenty of cash raised through the conversions if the share price cooperates.

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