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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 Jan 28, 2020 2:50pm
90 Views
Post# 30610108

RE:RE:is it just me or

RE:RE:is it just me or24 cents worth of shares traded today, wow, a market darling.

The problem is that technology moves at lightning speed, their existing satellites are already defunct and probably will only get pennies on the dollar for these if there's any takers, and who would the taker be, and how long has urthedaily been in the works, 4 years, now pretty much old technology. there's way to many companies out there launching sattellites, mostly funded privatey and to boot, without broken promises.

writing is on the wall if they roll back their shares, last ditch desperate attempt to prolong the inevitable , but why would management care as long as they continue to get a paycheck.
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