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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

Comment by URDisasteron Oct 06, 2020 4:58pm
292 Views
Post# 31675388

RE:RE:RE:RE:RE:RE:RE:RE:UR gets CSA contract

RE:RE:RE:RE:RE:RE:RE:RE:UR gets CSA contract For sure no one likes UR goes bankrupt but misleading people and distribute wrong information is outrageous. UR requested an expention to stay under protection until Dec 18th. Even UR secure some money to be able to sell assets and pay off some debts does not mean they will not go bankrupt given they are almost 40 Million in debt and at least need 50 Millions to be able to move on with the UrtheDaily. 
UR story since 2014 after launch of cameras have been all hiding and lies and fluffing to bring more investors in. King of BS and corruption , Scott Larson,  raised stock price to $4 based on absolute bogus promises to pay their own salaries and buy Deimos, and then when he was kicked out his big nose brother contiued on lies and misleading investors and then Don Ozbourn and Chu. Who in a right mind will give a penny more to UR insecured loan, not counting they need at least 50 millions for their constellation plan. 
Why the cameras on board of ISS decommissioned? Have they ever discussed that failure? How about the state of art SAR technology that no one saw any real thing out of that. 

I am sure there are people who either are related to Larsons ( if not themselves) or Chu or Ozbourn and trying to cover up the reality. But please have some dignity and stop spreading more lies and misinformation.

By the way Geosys in France will more likely declare bankrupt due to the France laws and not being able to pay employees salary. 
Based on the Report :
The Stay Period is currently set to expire on October 2, 2020. The Petitioners are requesting an extension of the Stay Period until December 18, 2020, being the approximate date timeframe for the completion of the Proposed SISP currently being considered.

blob:https://documentcentre.ey.com/fa495dc6-ea3b-4f0a-816e-f62469574496

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