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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 > what a fawking embarrassment and obvious PURE BS.
View:
Post by ernieballs77 on Jun 29, 2020 5:04pm

what a fawking embarrassment and obvious PURE BS.

The Company has signed a non-binding *(Of course) letter of intent with an institutional investor to provide equity or junior subordinated debt financing for a portion of the UrtheDaily project (What portion??) Lmao. Together with the expected ??? lmao..good one senior secured debt, government funding and other supplier financing arrangements, these sources would finance the build, launch and operational commissioning of the UrtheDaily Constellation. The letter of intent includes a binding short-term exclusivity period for the parties to negotiate binding transaction terms for the equity or junior debt.

LMAO
Comment by ernieballs77 on Jun 29, 2020 5:07pm
Somebody getting rich from all these loss's...lmao....and it aint investors. NET LOSS's anyone?? lmao.....PISS TANKIING GARBAGE The net loss from continuing operations of $2.5 million in the first quarter of 2020 increased compared to $1.1 million in the first quarter of 2019, due to the higher operating costs, as described above, and  increased finance costs ...more  
Comment by aushucks on Jun 29, 2020 5:08pm
the way the government is throwing money at covid I could easily see them throwing money UR's way.   I see this as a good sign :)
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