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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 > To get a discussion going....
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Post by Cowbaystocks on May 20, 2020 6:56pm

To get a discussion going....

Hi all, that actually are invested and follow this company, looking to start conversation here on what's on the go with UR. 

Here's some of my thoughts: 

Geosys is solid - having that business bring in cash now will be key

Demios - seems like the other buyer - from December- must be gone as we aren't getting any key wording like it's almost done etc. It's gone very vague

Urthedaily - still lots here, and I can only imagine a 100M+ investment with a company who have an absoulte garbage balance sheet is very tough slugging. I am feeling like something may be up here though. Website now says launching 2022, lots of positive words in their presser. 

Finances - situation is - they dont get funding/sell demios - they go under. Unless they can keep doing these micro loans. They are bogged down with about 50M in loans, they need to get this restructured or gone. 

Ashucks - I totally agree it's bananas - the value of the company is under last years revenue and they have the driver of their business cash positive. If Tgod, or ACB or any of those companies had even 1 quarter CF positive - ka blamooooo. There's little interest in a company on the brink in the EO industry. Payout for investors should be significant if they can pull this turnaround off. Seems a bit like russian roulette, except you know what slot the bullet is in and every quarter that passes that gets a little closer. 

Hope to hear some thoughts ideas, anything from the crue here. For the people that say this company is fkd, we get it, the balance sheet is a disaster, the money is running dry, so that's a really obvious view point. Those same people have to agree that if they can restructure this company and move toward the URD and solid business growth in Geosys, there is a TON of value.

Thanks

CBS
Comment by ernieballs77 on May 20, 2020 8:07pm
CBS......really??   lmao
Comment by Macpherson99 on May 20, 2020 8:17pm
Cowbaystocks. That was a very good post. Very provocative (encouraging discussion) Posts such as yours are what these Bullboards are all about. IMO  Unfortunately (for the sake of discussion) I am very much in the position of a learner regarding this stock. But I will be very interested and hopeful that you are able to engender further discussion.
Comment by Empire123 on May 20, 2020 11:52pm
Very good thread Cowboy! It's hard to argue any of those standpoints that you have outlined. Here's my take: 1- Geosys- awesome! Cash flow positive as you mentioned and the backbone for now at least. Continue to develope the market here and drive revenues even higher.  2- Deimos- the only thing I'd add here is at what point is it better to just shut it down if there are no ...more  
Comment by nightridefm on May 21, 2020 2:34am
This post has been removed in accordance with Community Policy
Comment by Empire123 on May 21, 2020 3:41pm
"Most potential of ANY company listed in Canada." Now that's a bold statement but one I'm willing to put my hat on. You're right though, there has been not talk of SAR at all. Would it make sense in your mind to shut down Deimos if there isn't a buyer or is that out of the question? 
Comment by ernieballs77 on May 21, 2020 4:39pm
Your all FAWKED IN THE HEADS...lmao its comically..really
Comment by nightridefm on May 21, 2020 4:44pm
This post has been removed in accordance with Community Policy
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