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My bad was the wrong ticker - someone slipped it in and I did not catch. Sorry about that
On stocktwits it is posted that ThinkEquity’s new target price is $10. Just FYI
This is the first of hopefully many pr’s don’t forget the infrastructure bill and potential military contracts. Also factor in that they may have need for more capital so there is also the remain 40mill shelf that could be in an offering. Many balls to juggle here. Great news for today. Enjoy
Alstock, I received a call from Core IR regarding my unasked questions from yesterday’s Confrence as I was in the que but never called upon. My question regarding Dronebox’s saas model remaining in play is to be relayed to Thompson. I will relay any answer that I get. I was able to bring up your buyback idea. I am honestly not sure that it
would be fruitful as I suspect Saaby would simply presume downward pressure after any buyback offering. But I asked on your behalf as per you wishes expressed in you p m. It was stand up for their investor relations company to reach out Kudos to them. GLTY’all
Nice idea
$5.2 mill rev projects for the year based upon the first quarter and this without Teal factored is not bad. The Confrence call projected $6 mill in rev from Teal in the forthcoming 6 months. Supply issues in the first quarter which have be resolved. Teal is in the middle of its Tranche review by the fed even this week. It is 1 of 4 vendors under contract consideration for not only the army but the navy and marines as well. Teal is the only vendor allowed in Air Force space at this time. Over $84 mill in assets vs $4.5 mil in liabilities. Teal and Skypersonic to start scaling soon. Skypersonic to build A I platform into Dronebox. Current bidding for European contracts. And much more when taking the first quarter report coupled with information provided in the conference update. Yup much to ponder and be excited for. Unfortunately, I do not see the pps moving until we have a large government contract either militarily or fro
Infrastructure. Fortunately, there is enough swirling around that this scenario is still well in play imo.
Good E R. Confrence Call was encouraging. Much to look forward to
I have given up on predicting this cat. She is odd. But I’m an confident. In stocktwits someone posted that they are hiring an executive assistant. So things are likely moving well I also post a thread from Facebook that Lugos Studios is hiring. If they are still in play (which I doubt) then that is interesting
Lol. Redcat time is a little slower than most.
On 2/22/21. Since there many more insiders have expanded their holdings.
Dang. I actually meant to post a different article. It has been too long since I posted, that I do not recall my intent. Sorry about that.
I should have read what I copied in more detail. My bad
Good article involving Skypersonic and the future of Drone inspections:
https://www.unlvrebelyell.com/north-america-inspection-drone-for-confined-space-market-worth-us-606-07-million-by-2027-and-projected-to-rise-at-cagr-11-8-from-2020-to-2030/
Love the focus on the government and military with this new announcement. Things are starting to happen! Buckle up buttercup. I hope.
RED CAT HOLDINGS CLOSES ACQUISITION OF TEAL DRONES
Download as PDF SEPTEMBER 01, 2021 7:00AM EDT
EXPANSION INTO MILITARY SECTOR REPRESENTS COMPELLING GROWTH OPPORTUNITY
HUMACAO, Puerto Rico, Sept. 1, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces the closing of its acquisition of Teal Drones ("Teal"), a leader in commercial and government unmanned aerial vehicle ("UAV") technology. Teal manufactures the Golden Eagle, one of only five drones approved by the U.S. Department of Defense for reconnaissance, public safety, and inspection applications.
Red Cat Holdings Logo (PRNewsfoto/Red Cat Holdings, Inc.)
"This acquisition solidifies our leadership position within the drone industry, as it completes our ability to provide end-to-end solutions. We can offer both consumer and enterprise drones with an extensive suite of additional software and hardware options and other technologies, along with an approved line of military drones for public safety, reconnaissance and inspection applications," commented Jeffrey Thompson, Red Cat's Chief Executive Officer. "Teal's approval from the Pentagon provides a strategic advantage as the military continues to expand its deployment of drones."
Teal, a Utah-based company founded in 2015, has grown from its origins as a consumer-oriented company into one focusing on the enterprise and government sectors. Teal is redefining what unmanned systems can achieve, providing superior aerial surveillance and awareness for inspections and short-range reconnaissance. Its leading-edge, compliant unmanned systems inform and protect Fortune 500 companies and government agencies with scalable, secure, and rugged drone technology. Teal's open and modular platform allows a critical mass of applications to be developed and integrated for next-generation capabilities. Partners actively integrating technologies with Teal include Autonodyne, Tomahawk Robotics, and DroneLink.
"Teal's prime directives since the beginning were simple: Rebuild the American drone industrial base and accelerate the global adoption of drones across Enterprise and Defense markets. This acquisition represents the best way Teal will fulfill its mission, leveraging Red Cat's expertise and resources to deploy the best unmanned systems in the world, giving superhuman capabilities to commercial operators and military warfighters alike," said George Matus, founder and Chief Executive Officer of Teal."
Teal will anchor the Enterprise Segment at Red Cat that also includes Skypersonic, a remote inspection company. Companies in Red Cat's Consumer Segment include Fat Shark, a drone imaging and communication company and Rotor Riot, which focuses on first person view drones and equipment for the consumer segment. Collectively, the group of complementary companies offers a comprehensive and diversified array of technologies targeted at all segments of the growing drone industry, with a special emphasis on military applications and infrastructure inspections.
Exciting article
https://stocktwits.com/pearltoe/message/374128276
Very good lync on a Teal analysis and further in said lync, a list of the 5 DOD approved drones and how they are differentiated - I hope the entire thread is lync’d as in recommend drilling down as this is were the DOD list is located
https://stocktwits.com/trading_cyclist/message/372638771
So true
Lol. Little Investor.
Good to end green today
Well said. Thanks
If you are talking about our being flummoxed by the pps action- for sure. I am looking at it as an opportunity to buy. Ultimately, I feel that we will be ok based on bullets still in the chamber. But damn the waiting sucks. Do I feel that management is being nefarious- not at all. I am confident that this is not a scam. Has there be missed opportunities - for sure. Ultimately, I feel that we shall be ok.
Nick has admitted in the past that he is a shorter
Thanks. I’ll take the more power. Been great cavorting with ya Nick. But I do need to get back work - enjoy you day sleep. Can’t end without that famous sign off kick rocks buddy. Lol
So true, when the Teal Deal is confirmed, military contrary come in, Infrastructure bill confirmed and government contract start in. Oh and don’t forget 1st quarter numbers mid to late September. These should all tank the price - yup
So far
And the Nickster is back - I actually agree with your take on Dronebox.
Thanks. Might as well lync it here.
https://stocktwits.com/Samshalom/message/369195138
Right. The news was awesome, as was the ER. I’m thinking that it will take another quarterly report, Teal finalization and another order from the government in order to establish good movement. Luckily that can all happen in September. I hope. Good hearing from you again btw!
Now starting to trend upward.
And a nothingburger. Man
Awesome news, significant order for drone confirmed!!
True, I haven’t seen Investor’s post for some time. I suspect that he is Cranky Investor on stocktwits. If so, he has been quiet there as well. What are your thought on how things are going?
Most have move to stocktwits.
lol “as listed below “
The Confrence call had limited questions - people are shy. I myself could not ask questions based upon how I logged in. I reached out to Chad Kapper on Stocktwits with the questions that I would have asked and he was kind enough to answer as loser below. I also did clarify that the CFO misspoke on only $40 mil raised in July - it was $60 mil.
https://stocktwits.com/Kapperccino/message/367941388
The E R is out and it is strong imo.
Welcome back
I mean, the Confrence Call could be to either explain a poor E R or to blow their horn, if it’s good. I’m hoping for the latter. Is ideal, if the Teal Deal is done, that would be great. That is the money maker imo. I hope that you can attend the meeting. Please bring questions
E R tomorrow at 4:00 EST and conference call @ 5:00 in case anyone was not aware
Weird the date of purchase was 3/21