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Urbanimmersive Inc V.UI

Alternate Symbol(s):  UBMRF

Urbanimmersive Inc. is a Canada-based company, which develops and markets real estate photography technologies and services. The Company is engaged in developing and commercializing immersive, which is a software as a service (SaaS) platform offering immersive marketing solutions, three-dimensional (3D) photographic equipment and photography services to professional photographers. Its segments include Software, Photographic Equipment and Services. The Software segment offers a SaaS marketing platform to professional photographers and other immersive visual content providers. The Photographic Equipment segment offers a resale service of 3D photographic equipment. The Service segment offers real estate photography and floor plans and measurement services. Its products and services include Print, Visual Media, Property Website, Floor Plan + and 3D Tour & Floor Plan. Through its HomeVisit printing facilities, it provides print solutions for real estate agents.


TSXV:UI - Post by User

Comment by TheInternon Nov 03, 2020 11:51am
96 Views
Post# 31829871

RE:RE:RE:RE:RE:RE:RE:We’ve been patient enough......

RE:RE:RE:RE:RE:RE:RE:We’ve been patient enough......Indeed, they have been pretty quiet compared to previous years, likely more focussed on executing the 3D tour / floor plan roll-out. UI has been CF positive since mid-2019 reducing the need to raise new capital in the short-term with over $1M in cash and equivalent at the end of Q3-2020 probably explaining why they are less vocal.

I'm 100% with you that the debenture is killing the stock price, I would rather have them pay the interest in cash than sit on $1M+ and do nothing with it. Even the pre-payment penalty is not that expensive at 5%, being CF positive is useless for investors if that cash is not put to work
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