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Bullboard - Stock Discussion Forum 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... see more

GREY:LFDEF - Post Discussion

Urthecast Corp > No News is Good News....
View:
Post by Sunset48 on Jan 04, 2019 3:07pm

No News is Good News....

So now I will put in my 2 cents for whatever it's worth.
The fact they missed the December 31 deadline and no announcement to me is actually a 
good sign.   If they were unable to obtain financing then it would have been a simple task of
making that announcement and moving on.   The fact that there was no announcement tells me they are probably deep into nagotiations and a success and positive financing can still be achieved.
Not easy to get financing these days so I'm trying to look on the bright side and keep a positive attitude.
No easy under the circumstances....but hey.....I'm still virtical so things are good!!!

Good luck to everyone.
Sunset
Comment by URthereum on Jan 04, 2019 3:31pm
Well said. Anyone that has followed the company over the last couple of years knows they usually miss every deadline, and then somehow manage to squeak it out at the last possible moment. They gots heart I tells ya! Following from what you are saying, the NR on Oct. 26 said they have until November 23 to seek a remedy. On November 23, they have new NR saying that extended until December 31st. It ...more  
Comment by DPS101 on Jan 06, 2019 3:25am
Latest sign of life was 2 job postings on linkedin for software engineers on December 19th
Comment by investoretire1 on Jan 06, 2019 8:00am
This post has been removed in accordance with Community Policy
Comment by Pandora on Jan 06, 2019 11:07am
There appear to be 17 full time jobs listed on the side bar -- not sure if that's repetition or not
Comment by nightridefm on Jan 06, 2019 10:54am
This post has been removed in accordance with Community Policy
Comment by investtoretire1 on Jan 08, 2019 3:21pm
This post has been removed in accordance with Community Policy
Comment by displayname74 on Jan 07, 2019 6:53pm
Due to significant voluntary attrition...
Comment by investoretire1 on Jan 07, 2019 7:11pm
This post has been removed in accordance with Community Policy
Comment by displayname74 on Jan 08, 2019 2:09pm
nice try. you really dont think people are leaving? look at linkedin
Comment by investoretire1 on Jan 08, 2019 4:40pm
This post has been removed in accordance with Community Policy
Comment by sade69 on Jan 09, 2019 9:52am
This is the only news i can find, and i really dont know if its good or bad.    Urthecast delisting review extended   2019-01-08 20:33 ET - Miscellaneous   The Toronto Stock Exchange has extended its review of the eligibility Urthecast Corp.'s shares for continued listing. The company has 30 more days to regain compliance with the exchange's requirements ...more  
Comment by goldspeculator1 on Jan 09, 2019 10:01am
Doesn't mean much really.  TMX Group is not in the business of dumping listings when they don't have to as they make money on the listing fees. Even if the company was to be downgraded it just changes the reporting requirements.  As long as they pay their bills the TSX doesn't care.   GLA
Comment by investoretire1 on Jan 09, 2019 12:18pm
This post has been removed in accordance with Community Policy