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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 OlYaleon Feb 04, 2020 12:35pm
110 Views
Post# 30640496

RE:RE:Lending for Lawyers to finish everything... lights are on!

RE:RE:Lending for Lawyers to finish everything... lights are on! You're exactly right. They are lending money because A) They know that its going to get done, and can convert shares, And B) They're getting a good deal at 17% interest plus an upfront financing fee. I have no doubt that in the next 12-24 months, we will all be smiling :) Good luck all. 
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