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Urthecast Corp 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 > BIDCO proposal
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Comment by Bazveston Jan 11, 2021 7:54pm
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Post# 32272781

RE:RE:BIDCO proposal

RE:RE:BIDCO proposalWhat I meant by the remaing 65% equity in the new company is that if secured lenders get a 35% stake in the form of shares of the newly formed company, does that company also give some shares to UR Shareholders. Or else it seems to me that we are selling UR for debt relief only and we get nothing. 

Also why would Land O Lakes object to this deal, they get all their owed payements?
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