Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
As The Joker once said: "It's not about the money". By the way, in case you missed it, the owners are selling again - good signs for sure!
That was funny, Nick! You are getting good! Sorry my response is late. These dang NY giants! Can’t seem to shake them lol! Don’t worry about any cash transfers from me…too small of an amount to interest you :) ta ta
A lot of recent activity so I say it will be a while.
https://fintel.io/so/us/rcat
I don't know what's more surprising - Prigozhin having an accident, or RCAT returning below $1.00. Any bets on when the delisting happens?
oh dear, that ER though ... :)
9.8M in sales on goods that cost 10M, while using up an additional 27M to produce those sales. What a business ... LOL
To tell you the truth, I can't complain. My concern is just how this friendship will progress once all your cash has moved to my account :)
Ha ha! Here I am thinking we have such a delightful friendship! ??
Ha ha! Here I am thinking we have such a delightful friendship! ??
You have a very unhealthy obsession with shortsellers... It's clouding your judgement. Down 10% today, I guess you'll need to wait for the next pumpy press-release to celebrate again :)
I will surely take financial advice from the person that just lost 10%, and will be down 30% before the week is over.
Lol! More like insider shorting! I’m a long term investor, I don’t bother myself too much with the day to day penny pinchers. I simply reached out in remembrance of a certain conversation we had…hoped you remembered too! Alas, Nick! You’re just not any fun! It’s ok, I like you anyway :)
I'm not an insider, however I took a position yesterday. If your Shorting you might want to consider covering.
Happy Trading
If I was you, I'd think about who bought into the close yesterday and consider why clear-as-day insider-buying is happening on such a low-volume stock, and what will happen when (not if) the FTC starts looking into this.
Oh, and wake me up when they actually post good quarterly results. Until then, this stock is still down 75% from the reverse merger price, and will continue to go down notwithstanding shot-term pump-and-dump and insider trading games.
Hi Nick! I can’t help but think about you today! We should both pray for those Titan crew members. I told you. Smarter and wealthier people than us had an interest in the Titanic. You had the wrong shipwreck, my friend! Happy shorting!
Hi Nick! I can’t help but think about you today! We should both pray for those Titan crew members. I told you. Smarter and wealthier people than us had an interest in the Titanic. You had the wrong shipwreck, my friend! Happy shorting!
Isn't a PR that 200 drones were sold an admission that you have absolutely no sales? This company has a $100M+ valuation and boasts about selling 200 units? that's a $50'000 profit at best.
I wonder why there is good selling into any strength? Delisting in 2023 or 2024? Anyone taking bets?
But only up 11% on that news! WTF!
GLTU
SAN JUAN, Puerto Rico , May 10, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, announces that it will fulfill a purchase order to provide 200 long-range, high-speed FPV (first-person view) drones to Ukrainian drone pilots engaged in conflict with Russia.
I am not confused at all, Nick. I first heard about “The Sabby” here. I have no idea who stole money and who didn’t. I simply recognized the same math skills and thought he was the Sabby who traded here. Red Cat isn’t the Sabby and neither are you. Thanks for reminding me that you warned me me! Happy New Year :)
You sound confused. SBF stole money. I don't think they stole money. They also warned you in every prospectus that you'll lose it all. It's the thing that RCAT and me have in common :)
Great! I knew you knew it all! So, tell me…is SBF, the Sabby thing you were warning us about? Or, is the Sabby another crook?
I am an industry veteran and I know and have met and done business with most involved in RCAT. So I am intricately familiar with how the product (the stock) is being sold as well as what the reality of the situation is. It also isn't so hard to look up these individuals and how they have a continuous track record of fleecing everyone for their money. Or to come to the conclusion when a no-name company and no-name owner buy up established companies for a very risky multiple over what they are worth. The obviousness of it all bundled with your cluelessness is the main source of my laughter.
I am also not the only short, all my peers are short too, they just don't find the enjoyment in watching you lose it all. Me, on the other hand, I am having the time of my life :)
Merry Christmas! & rocketemoji.gif lol
Nick, I would like to ask you a question, if you don’t mind? You are the only short I know and you seem to know everything behind the scenes. Let me know.
Ahh! I see. You got too excited for proper sarcasm lol! Practice up! You’ll get better :)
The point being that they are continuously behind the curve. They were a hobbyist company while the hobby sector was booming. Now they are a military company since there's a war going on with drones (none of theirs, but who's counting ...). They will most likely have a ready product just in time for the cease-fire.
You have me confused? Are you a long now? Great! Welcome! Glad you finally changed your mind!
Very Good! Your getting pretty funny, Nick! Funny thing about giving a company your heart….it multiplies!!! Merry Christmas!
Great time to buy! Merry Christmas!
Crickets :)
Oh well, merry xmas to you all. Don't forget to send the RCAT leadership team a christmas card, since you already sent them everything else. LOL
It's at $0.81 now. Time to buy? :)
mel_gibson_hold.gif
lol
Consumer business sold off. Net loss of $10M, with $4M in sales, over 6 months.
... and the stock price is below $1, which means we're in for a split or a delisting. Both are obviously very positive indicators :)
Still holding? Please tell me you're still holding!
in their latest PR, they are now calling themselves ...
"a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders"
I am lost for words. quarterly report tomorrow. I have $50 on "more bonus paid than revenue collected", any takers? :)
I haven't traded this stock in almost a year. It's like printing money at this point :)
Hi Nick! Are you still shorting this stock? Still can’t get it under a dollar I see. Pretty soon, I’ll buy more ?? Still time to join us longs. You are shorting your value. This stock shouldn’t be this low and you know it lol! I bought this stock when it was still Timefire and we’ve come along way. There is nothing you can say that will change my mind. Red Cat is going to Mars!
I hope you sold by now? My exit will be at $0.05
All the cash in hand is from selling the shares in the first place. They are burning through it by paying it to themselves at 3-4x the rate than the revenue from all companies (not profits ... revenue).
As stated years ago, this is an exit vehicle by founders of failing drone companies. The shorts aren't taking advantage of you, the founders are. We're now close to $1 (minimum price to stay on NASDAQ). In a few months this will be delisted, and I'll get to the finishing act: Me telling you that I told you so :)
What’s wrong with $rcat….
from afar, I can only guess there are a bunch
of shorts out there taking advantage of little
interest in this stock…. this can’t be dilution!!??
they have/had so much cash in hand!?!?!
looks like a screaming buy at 1.00… only if
you are a patient shareholder though…
Good luck to all
That's because they pay themselves more than that on a quarterly basis (and before they reward shareholders), and we all know this is a one-time deal. This one is going to zero, gentlemen, as was predicted.
$1 million plus contract and this is the PPS reaction???
GOOD GRIEF!
GLTA
RCAT is down 44% the last 12 months, and 25% year-to-date. the company is still making a higher loss than revenue, and has paid for those revenues as if the companies are as profitable as they once were.
You're right, we do invest differently. I generally don't subsidize someone's exit vehicle :)
CEO of Teale drones coming up on Fox Business Now!
I would think that swarm technology will greatly improve our tranche 2 prospects!!! Exciting stuff. Now let’s sell contracts!!!
https://ir.redcatholdings.com/news-events/press-releases/detail/63/red-cat-holdings-becomes-first-commercial-enterprise
No disrespect to your opinion, but I bought and hold this stock at .86. We invest differently. I respect your opinion, you pay more fees and margin interest than I, but I don’t agree. God speed, Nick! See you on Mars because if you are still in then you’re going too!!!
Yes! The shorts are nuts on RCAT. Update on Stocktwits…the people you block, still show up. I can’t waste my time with obscene videos that they seem to think is an argument, so I’m done with them. Also, you might find this interesting…The shorts have figured out how to combat us longs lol! I slapped the ask on one of my tickets and it filled lower lol! Good for me, but who does that?
Yes! The shorts are nuts on RCAT. Update on Stocktwits…the people you block, still show up. I can’t waste my time with obscene videos that they seem to think is an argument, so I’m done with them. Also, you might find this interesting…The shorts have figured out how to combat us longs lol! I slapped the ask on one of my tickets and it filled lower lol! Good for me, but who does that?
Nothing has changed since they reverse-merged. In fact, it was the business plan from the start to take a bunch of drone companies that are in decline, package them as a "investing into drones" opportunity and provide a nice exit vehicle for the owners of these companies.
Followers
|
173
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
16912
|
Created
|
05/02/05
|
Type
|
Free
|
Moderators |
ORLANDO, Fla., Oct. 5, 2020 /PRNewswire/ -- Red Cat Holdings, Inc. (RCAT:OTC) today announced the signing of a definitive agreement to acquire Fat Shark Holdings, the market leader in FPV headsets. The transaction, subject to customary conditions, is expected to close on or before November 1, 2020.
Founded in 2007, Fat Shark is the leading provider of headsets and goggles for professional racers and drone pilots with an estimated market share of 85%. Fat Shark is presently generating approximately $7 million (unaudited) in annual revenues which will significantly increase the revenue base of the combined companies. This transaction follows the Company's acquisition in January 2020 of Rotor Riot, a leading provider of FPV and drone racing hardware.
"Our expected acquisition of Fat Shark strengthens our position by providing direct access to premier FPV technology favored by professional racers and drone enthusiasts alike. The combination not only provides a fully-integrated supply chain but adds design and development capabilities as well as international manufacturing and distribution. Greg French and Allan Evans bring world-renowned skills and decades of experience to our team. Fat Shark's existing digital platform and innovation also provides a valuable road map to fuel our future growth and our expansion into the enterprise drone market" stated Jeff Thompson, CEO of Red Cat. "Importantly, it positions us to continue to develop and introduce innovative products and solutions as commercial applications of drone technology expand in the coming years."
"Red Cat has emerged as a leader in the FPV sector of the drone industry and we are excited to join their growing team of business professionals" noted Greg French, founder and CTO of Fat Shark. Added Allan Evans, CEO of Fat Shark "We are excited to partner and integrate feedback from the top pilots at Rotor Riot as we develop and expand our digital video systems. Rotor Riot is especially well situated to help us build better FPV products as well as expand into enterprise training and field solutions."
"With the addition of Fat Shark to Red Cat's portfolio we have paired a quality hardware base with Rotor Riot, a robust educational/entertainment brand" stated Chad Kapper CEO of Rotor Riot. "Fat Shark's new line of digital headsets with their "out of the box" functionality meshes perfectly with our popular "Ready To Fly" (RTF) packages. We are excited to promote their functionality on our YouTube channel and our digital store at www.rotorriot.com as well as leverage the strong brand recognition Rotor Riot enjoys. We believe the addition also allows us to continue expansion into the emerging gaming and augmented reality (AR) markets with future innovative products."
About Red Cat Holdings, Inc.
Red Cat is developing a fully-integrated drone supply chain with secure blockchain-based distributed storage, analytics and SaaS solutions for adoption in the drone industry. Red Cat supports education, training and sales of drone products through its Rotor Riot platform and is developing the means to accurately track, report and review flight data that will be useful for insurance and regulatory requirements. Red Cat's maintains a commitment to deliver unrivaled innovation to make drones aviators and products accountable and the sky a safer place. For additional information, visit www.redcatholdings.com and www.rotorriot.com.
Safe Harbor
The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "anticipates," "plans," "expects," "intends," "will," "potential," "hope" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon current expectations of the Company and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled "Risk Factors", copies of which may be obtained from the SEC's website at www.sec.gov. The parties do not undertake any obligation to update forward-looking statements contained in this press release.
Item 7.01 | Regulation FD Disclosure |
On June 4, 2019, we released the press release furnished herewith as Exhibit 99.2.
SECTION 8 – OTHER EVENTS
Item 8.01 | Other Events |
On June 4, 2019, we executed a Letter of Intent with Rotor Riot, LLC (the “LOI”), a copy of which is furnished herewith as Exhibit 99.1. The LOI, which is non-binding, sets forth the terms for our contemplated acquisition of Rotor Riot, a drone technology and media company. Any acquisition of Rotor Riot will be subject to the completion of due diligence, the negotiation of a definitive agreement, and other conditions.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |