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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 > Financials
View:
Post by onxy10122012 on Nov 14, 2019 4:53pm

Financials

Out on stockwatch
Comment by Empire123 on Nov 14, 2019 5:22pm
So they would have almost broke even if the sale of Deimos had gone through. Doesnt seem like anything is immenent of a sale. For the financing, looks like something should be done in Q4. 
Comment by Empire123 on Nov 14, 2019 5:48pm
I think I've read these wrong! 
Comment by Cowbaystocks on Nov 14, 2019 6:47pm
Not much new here, but they are still afloat. They keep kicking the ball down the road with these intern financing deals. At somepoint they will need to close these deals on Urthedaily, and on Deimos, or the company will run out of $$. But for now, they look like they have bought some time.  Any drop in SP would be entirely unwarrented, their market cap is 17M and are sitting at roughly 14M ...more  
Comment by DPS101 on Nov 14, 2019 7:06pm
Not great, not terrible. Going the right direction. Seems like key events are happening in Q4, news of both the sale of Deimos and Urthedaily finansing could be dropping in between now and Q1
Comment by nightridefm on Nov 14, 2019 7:58pm
This post has been removed in accordance with Community Policy
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