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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 > Unreal...
View:
Post by OlYale on Apr 22, 2021 1:00am

Unreal...

https://earthdaily.com/press_releases/antarctica-capital-announces-formation-of-earthdaily-analytics/
Comment by Bazvest on Apr 25, 2021 6:45pm
How is it possible that the shareholders and the unsecured creditors get stiffed like this when all the same management are at this new corporation, doing the same project, using the same assets, with the same secured creditors. WTF! Is there no legal recourse? 
Comment by NowDone21 on May 15, 2021 1:21pm
Are people suing these guys? If yes, then I am definitely interested. Although in the bigger perspective of things the money I lost is not much but just based on principal itself these crooks should be made to feel atleast some pain. 
Comment by NowDone21 on May 15, 2021 1:39pm
If people are interested then I can take the lead and talk to some lawyers. But I don't know what exactly the legal argument is so will need to get more knowledge before that. We can all hop on a zoom call as well. 
Comment by markpun on May 18, 2021 8:31am
I'll join...agree it's the principle.
Comment by OlYale on May 18, 2021 1:03pm
There is a Discord chat with over 40 people now looking at legal advice. I'd look back through the feed to find that link. 
Comment by loft77 on May 18, 2021 4:31am
I doubt anyone taking that path. Unfortunately the crooks, started new comanies using Urthecast assets while all are getting paid highsalaries and receiving shares on the new private companies and not much can be done.  Urthecast is listed permanently closed and Earthdaily analytics kept the same incompetent executive team the drove it to bankruptcy.  Dan Osborn, Chu and Wade Larson ...more  
Comment by FUurthecast on Dec 07, 2021 5:49pm
Can you please let me know as well! I lost a ton of money on these crooks.
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