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.
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.
Went back and read the 10k from august
“The Company believes that the oversight of the FAA is beneficial to the drone industry generally, and the Company specifically. Approximately 10 % of the drones sold by Rotor Riot are below the weight threshold required to register. The remaining 90% have more functionality, are more likely to be used for commercial purposes, and therefore, should be registered. The Company believes that the regulations issued by the FAA, such as the remote identification standard, will provide opportunities as such functionality could be offered through our Dronebox platform.
The FAA continues to issue new rules and regulations which are designed to build a traffic management ecosystem for drones. For example, in December 2019, the FAA proposed a rule which would require drones to be identified remotely. We plan to build this feature into Dronebox.”
Really hoping the FAA finally drops the other list of companies they are working with when the ruling gets finalized this month. That would be an instant game changer if we just so happened to be on it.
Thompson added 420 shares to his position, made me lol
https://en.m.wikipedia.org/wiki/420_(cannabis_culture)
420 giggity
No, Read will get 40,000 vested but there are a bunch of warrants that could be exercised at that price. Can’t remember if it’s 40$ or 60$ off the top of my head.
Also all the “resellers” in the s/1a are still holding. If they sell off in an offering take notice. GLTA
Massive dilution before Read gets his 40,000 shares? My gut says no. Float increase sure but I doubt they would ruin this when it’s gets just getting started. She has plenty of room to run considering the hands they are playing
That’s what I’m thinking. The video suggested early 2021, the ruling falls in line with that. Should be an interesting quarter. Hoping for the best. GLTA
I just want to know who the acquisition on the software side will be lol
Not disagreeing with you, anything is possible. Could happen quickly or take a couple months. When I said “easily” hit 250m I mean soon. There’s definitely meat on the bone, the question is are they on top of the ball and ready to play yet?
The FAA rules are set to be officially published this month officially becoming effective 60 days later. Drone makers will have a year-and-a-half to begin adding Remote ID to their devices. I would imagine institutional buyers will flock this quarter or next once it becomes official? We are sitting in a very good spot to be but the question of when still remains. We need more noise from the company. I hope we see it soon.
Correct. That was probably more of a contributor to the initial explosion, we now have a great backdrop. We’re still 2-3 weeks behind UAVS and ALPP and they have taken a breather around the 400-450m mark. Hopefully we’re up next. I think we could see a 180-250m market cap here easily, higher is definitely possible depending on the catalysts they are holding. Hopefully January treats us well, we deserve it.
Recent QB uplist after DJI BAN and new FAA remoteID proposal last week plays well into RCAT’s regulatory themed hands.
Also, seeing how our products are open source and allow for integration I would imagine that could only further benefit US adoption.
We hope to hear more from the company shortly. Hopefully within the next couple of weeks as we have a small uptick in exposure now. Hoping that trend continues and they take advantage.
Same bought a little bit into the dip.
Indeed. It's doing what it should be doing, still trades stringy but we want that for volatility's sake. As investor pointed out the following - $RCAT stocktwits has 6x since this last weekend. If we gain more traction online over the course of the next month who tf even knows. ALPP was up over 1000% in a month on the OTC. They started with 40 followers and now have almost 9000. Goodjob to Investor for pointing out stocktwits.
I also noticed a small uptick of users writing twitter posts, some were previous posters but there were at least a handful of new names tweeting it out. Word is slowing getting out, that's good. Hoping its a trend that keeps.
Feels healthy, whole market seems like it’s taking a breather today. Every drone stock that was hot is down today as well.
We still don’t have that many eyes on this thing, I think we’ll need more than 300 stocktwit followers lol We need noise. UAVS and ALPP ran for a couple of weeks before us so our exposure is just getting out there. I’m hoping for a fun a January.
Yesterday ALPP announced a split something like 1.5-3.5 to 1 and the stock still rose 41% with NASDAQ hopes. With the new DJI ban and FAA ruling you posted yesterday I would think this only makes us more valuable and we should see some money come in at some point. Hell even today’s good volume only amounts to 120K$ @ 3.00$ so far lol
Hoping we start to see more people creep in until we have a major catalyst to really send this. Not surprised by a pullback here and there, we’re still in the trenches with this thing.
Sell now for the Infiniti or hold for the yacht?
Gonna hodl, dronebox ain’t even out yet. Should be hearing atleast one more acquisition soon. WHAT A JOURNEY this shit has been. GLTA this is just starting.
Lol Merry Christmas everyone! Cheers to 2021, wishing everyone the best.
For the first time in three years, I’m at break even. I was up this morning before they +14% the float. I think they need to get shares out there because there simply aren’t any available. This thing needs movement to be healthy. I think the s1 said there was only 196 shareholders holding 500+ shares.
I’m still holding all mine. This is just getting started, we still haven’t even had a catalyst yet.
ITS BEEN A HELL OF A ROAD EVERYBODY, Glad we read the tape right.
So we all grabbing beers together after this? =)
Made me chuckle
Yes, I remember your postings towards governance and also the importance of a US manufacturer. I'm not sure about military practicalities (I feel like lockheed and northrop grumman have that under wraps but who knows there was reference to that potential in one of the past filings) but in terms of enterprise solutions/future work force education I see a mass market, including some sort of government contract. Could be research, could be military, could be job creation. Not sure but I'll gladly welcome anything and everything.
Before we get too excited, They have used this site before for the 2018 Rotor Riot Rampage (did some googling, didn't see this before I posted about the tickets)
https://www.facebook.com/events/gti-government-training-institute-1321-technology-drive-barnwell-sc/rotor-riot-rampage/220483761888201/
The goods news is Rotor Riot has done ALOT of growing up since then and I believe with all the direction they've been receiving this should be a much more organized event. The venue is perfect and they could really showcase their potential ability to train pilots and just have fun. It's great for the community and industry. They mentioned vendors will be there too. Hope this is the start of something, GLTA
“The Pilot Pass gives you entry into ALL activities at the event and access to all flying areas. Activities include Mini Kwad-Camps, Classes, Vendor Alley, Kwad Games, Pro-Flying Exhibitions, Artist Exhibition, Music, Talent Acts, Skate Ramp, Festival Games, and so much more!“
Apparently they will offer some sort of classes there. There is also mini “kwad camp”, hopefully this is our In into STEM programs. Don’t forget DRL is currently running their campaign and we have two pilots from them. hope things are finally turning around for us this coming year!
https://rotorriot.com/collections/new-products
RR just added Rampage Tickets (FPV festival, I've seen them talk about in the Facebook group a couple times - that they were thinking of bringing it back and how'd they be able to "because of Red Cat."
The address on the tickets is the 1321 technology drive barnwell Sc, happens to be a government training institute.
https://gtitraining.org/training-facilities/
Looks like they have a great setup there and could possibly support the educational aspect of RR. Also just looks like a really cool place to fly lol.
"With DJI added to the Department of Commerce's list of Chinese companies prohibited from procuring advanced US technology earlier this month, the opportunity in the drone industry has never been better. Rotor Riot's RTF drones and kits, based on specs from some of the world's top drone pilots, really set us apart in the market and provide a formidable foundation as we look to capitalize on the opening created by the entity-listing of DJI," continued Thompson. "Our US based product lines Fat Shark and Rotor Riot combined with our software platform Dronebox will enable us to serve the United States drone industry, which is the largest drone market worldwide."
Cinewhoops accounted for 30% of monthly sales, crossing my figures some of that was enterprise sales.
They used a cinewhoop to survey this construction site a couple months ago
They just added two new built to fly's on the store today. Cinewhoop, and cl1 both integrated with the SHARKBYTE system.
It stated in 10Q Thompson was in control.
There is that as well however at this point they are no harm. They loaned us 70k at 5% interest. They definitely seem to be in infancy, President has only been in position for 3 months on LinkedIn but don’t forget RCAT and RR were contacting senators back in April. You start small and build. Let them build in the background and hopefully we hear news when there is news worth hearing.
But I do agree with you on that website lol
They just left us a clue guys.
"D. Payable to Aerocarve
During the three months ended October 31, 2020, the Company received advances totaling $70,000 from Aerocarve, which is controlled by the Company’s Chief Executive Officer. The parties agreed that the funds would bear interest at 5% annually until repaid."
The name stood out to me so I went ahead and googled it
https://www.aerocarveus.com/
"AerocarveUS delivers timely, US based manufacuring to the Consumer, Commericial and Government drone and UAV space."
In PR also (taking advantage of manufacturing tax breaks would make sense)
"As a government agency, US sourcing is becoming a top priority and is one of the founding principles of AerocarveUS. Based in the US, we offer government customers unmatched reliability, delivery and support to help manage your drone and UAV fleets."
------
We know the next acquisition is allegedly on the software side but if I had to guess I would think aerocarveUS would be a logically fit sometime further down the pipe. Hope they actually have a contract or two laying around by then...
"AerocarveUS is laser focused on finding solutions to the offshore sourcing concerns and intellectual property espionage seen throughout the world."
Just found a new(ish) Redchip RCAT interview after the fat shark acquisition for anyone interested
Redchip sent this out in email today. Perhaps it will update soon.
https://www.prnewswire.com/news-releases/red-cat-holdings-announces-trading-to-commence-on-the-otcqb-venture-market-december-15-2020-301193173.html
Well that's the amended s1 form.
So what's the move? Uplist to OTCQB? Announce the newest acquisition/release drone box and organically get that Nasdaq bid?
"On December 3, 2020 we were notified by OTC Markets that additional steps were required to complete our OTCQB application and we are in the process of completing those actions in order to finalize our OTCQB application"
FOR STRICTLY DD PURPOSES
HERE IS ANOTHER PR ABOUT THE SMARTKAS AND DEPARTMENT OF PROJECTS
https://www.globenewswire.com/news-release/2020/10/17/2110073/0/en/Dutch-Smart-Agricultural-Enterprise-SMARTKAS-B-V-Signs-Joint-Venture-with-His-Highness-Sheikh-Hamad-bin-Khalifa-Al-Nahyan-in-Dubai.html
The man all the way to the right in the picture is Jason Dekker, CEO of HBK GoChain
*Caution highly speculative thought, do not take this at face value*
If they are working on complete traceability with GoChain wouldn’t it make sense to use a flight recorder that runs on the same governing system? They’re gonna need DATA for this project....
Just sharing what if’s. Don’t listen to me.
No, you’re absolutely right. Don’t listen to me, these are just the ramblings of my mind. I never read that article til today and had to post it. DEFINITELY HAD ALOT OF EXCITEMENT while typing.
As always, do your own research and draw your own conclusions. GLTA
The government of Emirates signed a potential 10 year joint venture project with GoChain and smartkas. This is super exciting stuff guys!
https://smartkas.com/
Signed a joint venture project with HBK GoChain to use GoTrace. I suggest everybody look them up. What are the chances they’ll need a drone flight recorder at some point for this project? Maybe?
“ SMARTKAS the all-round Global Smart Agricultural Solution brings a globally deployable, infinitely scalable, energy & waste neutral innovation to feed the world. Our solution is an AI-controlled, drone & robotics assisted, fully automated and unmanned structure that can be deployed and installed anywhere in the world.”
This is royal family money guys. JOINT VC ROYAL FAMILY MONEY.
https://gochain.io/gotrace-to-be-utilized-by-smartkas-hbk-agricultural-project-in-the-uae/
^Thats important.
Why is HBK GoChain important?
Drone laws are changing and could offer RCAT solutions.
https://www.google.com/amp/s/gulfnews.com/amp/uae/law-issued-to-regulate-drone-activity-in-dubai-1.72409208
https://www.google.com/amp/s/dronelife.com/2020/07/21/new-dubai-drone-law-paves-the-way-for-commercial-ecosystem/amp/
——
https://gochain.io/gotrace-to-be-utilized-by-smartkas-hbk-agricultural-project-in-the-uae/
HBK working with agriculture...Could also open up some windows...
You know you're back in the bubble when the media finally starts talks about it or you overhear people at a grocery store talking about bitcoin again. Block chain is back. Money is coming in, BTC now worth over 350b.
blockchain stocks have been catching a lot of option sweeps last two weeks everything is getting hit. Granted we are no longer a pure mining play, the market needs more blockchain plays and IPOs. Jason Dekker (Ex-CEO of GoChain is now CEO of HBK GOCHAIN (DUBAI based...) https://gochain.io/gochain-and-hbk-joint-venture/ for more on the current CEO https://gochain.io/henry-ines-named-ceo-2/ ) also built a 300 dollar hedge fund back 15 years ago. New CEO (in the us) Henry Ines has a history in banking and ran a genomics blockchain SaaS start up in London.
Their most recent partner is now Penn State https://cointelegraph.com/news/penn-state-set-to-host-its-own-node-for-an-enterprise-blockchain (they'll also be doing blockchain research. Investor here's your government contracts ;) ) I've mentioned their proof of reputation before and how some of the big companies like MSFT, DISH, LENOVO are aboard. There's also other universities across the world that have signed up.
We've heard referencing about funding coming from RCAT to Fat shark and RR; how they'll be able to do more things because of RCAT. Well, where the hell is that money supposed to come from? We know we only have a couple hundred thousand in the bank. If we reverse split into Nasdaq, we're still broke. A deal must be close. I really feel like they have something, don't forget gochain works with msft azure https://azure.microsoft.com/en-us/blog/gochain-blockchain-launch/
Remember that pentagon scandal when they choose msft over amzn. Well that was a 10b cloud contract with azure...)
We're working with a trust government cloud also strengthening our own chain by enterprise value (Gochain nodes are now backed by over 70b or so in enterprise value, if msft were to be an official node at somepoint DAMN)
What else do we know?
Our provisional patent is up this month. So that means we are closer to receiving a patent, how long this process takes I am unaware.
RedChip is signed on til or through Jan21. Since April they haven't done anything investor related (at least publicly) BUT I did see them tweet that we acquired Fat Shark so they are relevant now. The most important thing to note here is that they handle NASDAQ relations and do help with the up listing process. Basically, we have their service for a maximum of two months left, and all we ever got from them was two webinars 7 months ago...I like to think they did more for us somehow perhaps in the background...They also own 50,000 shares so there is some vested interest to see us succeed.
A mystery forth acquisition?
WHO ARE YOU? SHOW YOURSELF!?
HBK GoChain
"His Highness Sheikh Hamad Bin Khalifa Bin Mohammed Al Nahyan, Chairman of HBK-GoChain"
https://gochain.io/hbk-gochain-arabian-bourse/
For those unaware, Sheikh Hamad Bin Khalifa Bin Mohammed Al Nahyan is the presidents son. HBK deals with the DOP (departments of Projects)
A reckoning is gonna happen here soon. I hope I read the tape right. GLTA
First shipments of Shark Byte are going to be arriving at Get FPV in December. I assume RR will be shipping out their preorders then as well. Guess the rumors online were true for a December release.
According to this video around the 9:50 minute mark fat shark will be allowing other camera companies to build around the shark byte system so options won't be limited. Will be cool to see what is developed in the coming quarters.
Not sure if anyone is on Rotor Riot’s newsletter list but Shark byte is now available for preorder!