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DJI is the biggest manufacturer in the world of Drones. The government entities in the US are 70% of the entire market here. The US is the biggest market in the world. DJI can not sell at this point to any local, county, state, federal government due to national security concerns. Thus, all of a sudden you have 1-2 billion in drone sales yearly that are floating in the air looking for US companies. There are not many to fill that demand. And to answer your question, yes RCAT has talked about pursuing government contracts on some of their investor conference calls. This as well as answering a direct investor question submitted stating their engineers who were designing DroneBox had worked many years on classified projects. Enough said regarding military and intelligence etc.
On top of all this, this is not even factoring in the launch of commercial fleets for delivery and how DroneBox as well as their abilities to train and build drones fit into this.
Overall, these factors combined are really what is driving the investment here by both retail and more then likely now institutions who have way more money to spend and are willing to pay more for the stock. But the main reason is really the government market which, I am guessing, RCAT is already on top of and working on as we speak.
So, you can see that this, along with the fact that RCAT has all these other aspects already going for it on top of this, is the reason why with only a handful of public traded drone companies in the country who are US based, this one is probably the best investment there is. It is realistic to think that in a year or two with the launch of DroneBox and a few more acquisitions they could be a 100m a year company. That is only capturing a small amount of the government market. It could be much more and may be why it appears they are building a full scale drone manufacturing company with their acquisitions. Almost like departments at a company. Drones, Goggles, Software, Chips and analytics tracking tech. Would not be surprised if you did not see maybe a small camera company reversed as well at some point. Who knows. But it is becoming pretty obvious, to me at least, that they are avoiding building a company from scratch to be able to deal with the rapid growth. Way easier and faster to do it this way and would have loved to be a fly on the wall when Thompson laid this out for all these owners to join the show. Makes sense and he hit the timing on the nail head. Pretty smart if you ask me. And now it is going to start paying off for all of them as this grows...
Your welcome! We all got trapped in this one and it looks like it worked out. And of course, I learned early on over the years from these boards just like you as well. Made some good decisions and some outright dumb decisions that have cost dearly. But in the end, it all works out I suppose. OTC is definitely like the wild west for sure. But honestly I think these guys are poised to uplist here soon and then OTC no more for this one. Guessing they will file paperwork anytime now and the share price soaring when they do should expedite it. Also think there could be a long shot at a forward split down the road here also. That would be great! But of course, have to keep our eye on the ball in front of us...which is slowly and steadily move up as they begin to drop some major PRs as we move forward. Let us hope that is how it plays out. GLTA and here is to even more amazing days ahead here!
Amen to that! There are alot of dark things in this world today...actually pretty ugly...but this stock is not one of them. Gods time...that is the story of most peoples life isnt it? At least we did not have to wait 7 years like Jacob did for Rachael!LOL Either way, this is going to be a game changer for some here. Glad I averaged down also. And of course, I never sold a share of it along the way so gotta love LTH when tax season arrives.
Can you officially say now that you are happy I got you back in to recoup from 2018 after you left?=-) Was a long road. Now finally after all this patience I think we will make way more then we would have back then. God works in mysterious ways sometimes...
Spot on. Plus the much lower float here. 2-3m. Easily if this continues and volumes build could go 30 plus or much much more over the next couple weeks if it all works out. Depending on how hot the industry gets. Which it looks like it is going to get pretty hot IMHO.
#3 on the IHUB Breakout Boards.
This should bring some more lurkers here very soon.
https://investorshub.advfn.com/boards/breakoutboards.aspx
Knew the day would come. Been a long haul. Lots of positive days ahead here. This is not just a stinky pinky one time pop. This company and industry is about to explode legitimately long term and there are not many options for people to invest currently. We are now going to get seriously on the retail investor radar as well. Plus, the DJI ban will bring the institutional money here shortly looking at all this has going for it. This is just the beginning.....GLTAL
Noticed at stockwits following of fthe stock there increased 6x in just one weekend! Crazy! looking good!
NP. Many here have spent 100s of hours going over this. They have really seemed to protect the share price once the big heave ho comes by all the lockups. And of course, the owners of Rotor Riot as well as FatShark have alot to lose if those shares are not at a huge price in a year with potentially hundreds of thousands or millions of shares traded a daily. But they agreed to it...the lock up. Says alot IMHO. But they can see the logic behind it. It will pay off in the end for all of us here.
Most of this companies shares and debt are LOCKED UP! Thus very little opportunity for price depression as this goes up with sales of existing stock that is issued. They can not even convert the debt or sell any shares for another year if I remember correctly. Thus the low float. However, within the past few months there was a small loan from the CEO for 29k and the owner of Fatshark in the deal got free conversion access to 100k out of a larger sum in convertible notes if I remember correctly. IMHO, I am guessing the CEO recently converted that debt which is very small and my guess is that it is over with. The 100k may not be converted but the way we are going it will be a drop in the bucket soon. Especially when the guy holding the debt did not get to convert the whole debt immediately and he GAVE US A COMPANY WITH 7-8M A YEARS IN REVENUE AND HAS 85 PERCENT OF THE GOGGLE MARKET! Regardless, I honestly believe the institutional money we have been waiting for will start coming in this week due to DJI and other Chinese companies being eliminated from Government procurement lists nationwide. Thus, you will see a dogpile here by mainstreet and Wallstreet I hope. So, these small amounts of stock will not matter and all the other stuff is locked up for the big move. IMHO we are headed into a perfect storm with this float and lockup......some of us have earned it the hard way...you will be more then likely be earning it the easy way if it pans out! GLTAL.
Yes there is really no other public company in the space that has a product like that and it is so high tech and complicated not like another company could bring another one to market quickly. And it’s patent pending. I almost look at DroneBox like a pharmaceutical company that just got FDA approval for a new drug(dronebox being the drug!) similar situation imho.
Manyana baby! Time to roll! You said it all...LOW FLOAT AND DEMAND BROUGHT BY DJI GETTING THE BOOT! Guessing starting tomorrow we will start seeing some of the big institutional money flow in here after their slumber during Christmas. One can hope! There are only a handful of options in this industry and RCAT has positioned themselves in a very unique and solid way! Do not forget a total of only 26m shares outstanding as well!
For all the longs here who have been waiting here for this moment in time for YEARS!.....
I did that! Sorry. Thought it was an accidental duplicate post. Will reinstate. They were not exactly the same but close.
Good day. Slight pullback by some maybe people who took profits from investing under $1. Held really good. They never go straight up over a period of time. Very healthy. Looking forward to next week. Finally realistically have something to look forward to here.
We have definitely have earned a beer here! No pain no gain right?=-)
And they are ag specific! We are not. Plus they have more then 2x the outstanding shares and most importantly a much bigger float. Float is a big deal in these situations. Good example is INTF during bitcoin boom. Went from around where we are to ov 70 a share with a low float! All about supply and demand and attention. Let’s hope that happens here as well! Crossed fingers.
Just think when this really catches the attention and we see a few 100k! Could be coming next week let’s hope.
Spot on. Still early in this cycle. Today will bring more eyes hopefully on retail side. Still a long way to go. Should be interesting to see where we land EOD. Today is not the day of the real big jump IMHO. Guess we will see.
Go Specifically And Research The Ownership Here
https://ih.advfn.com/stock-market/AMEX/ageagle-aerial-systems-UAVS/stock-price
Who do you notice owns a lot of this stock? How is this company similar to RCAT? That same type of money is now coming here although we are in the much earlier stages IE much bigger upside as it pours in with such a low float.
BTW, we have already hit a 52 week high today here at RCAT at 2.75. So yes this is real! And this is still relatively off the map. Soon it will not be. Not hard to imagine that scenario if it comes to pass here soon. This is why people groan for years in OTC. Hopefully all the years of waiting for our day is about to finally pay off in true OTC style...
Article Highlighting Situation Behind DJI Gov Ban
Mentioned in Thompson quote. DJI now in same boat as Huwai.
https://gizmodo.com/drone-giant-dji-added-to-u-s-blacklist-1845912158
Those postings were a little deeper then just about government contracts in general. The posts specifically focused on what I said regarding classified work and pointed out Thompson mentioned in one of the calls his engineers had been doing classified work for years. This is much bigger my friend then just DJI, military training you have dug up combing the internet, and drones. This is a total governmental procurement paradigm shift that(thank God) has finally arrived. Look at this:
https://www.commerce.gov/news/press-releases/2020/12/commerce-department-will-publish-first-military-end-user-list-naming
RCAT giving out coupons? Great idea!LOL Genius Sam!
Cheers! Keep the faith! If we break $2 IMHO then this will run big time. Not sure if you saw the other day how DPW ran(related company Read works for). Ran from right around 2 up to about 15! The float was much biggger there also so who knows what this could do. May have some ups and downs but if they keep PRing good stuff(I am really still here waiting for that first .gov contract being announced in the millions) then eventually with this float and being on the radar at some point it will explode. How long it will be, who knows. But if as DrStevens just found they already have a training center set up in a building populated by military entities then that says alot about how close we are IMHO. I think any smart person here can see what that would imply about the state of government contracts at RCAT. Of course could be wrong. But that was yet another great piece of DD. I will admit, DrStevens is very very very good at DD. I am more of a jack of all trades guy when it comes to investing. But seriously have to give credit where it is due. Especially today with some of the info The Doctor tracked down.
Do you remember me saying my hunch was this is what they were building most importantly? Hi tech specialized military drones for specific purposes with a training center staffed with the best pilots(RR GUYS) training military personnel how to fly at a very high level. That was months ago I posted that post. Looking more and more like it may be coming together that way here soon. Good find.
This may bod well for tomorrow.
https://ih.advfn.com/stock-market/USOTC/red-cat-qb-RCAT/trades
That was the best price appreciation day we have had here in a very long time! Let us hope it continues!
Well, if we attract more attention will get on the break out board which will help. Plus, I think there are much bigger fish upstream investment wise who are eying this also based on some of the discussions Thompson has had with higher level not retail investors that he discussed in some of the webinars. IMHO, this is a great investment for a mutual investment fund in their higher risk higher beta category or a small cap focused type of fund looking for a high growth company and stock early investment opportunity. Guess we will see. Just the fact that we are starting to see more PRs lately is a good sign also.
Another fact is that Thompson gave 29k as a loan to the company that could be being converted recently if I remember correctly. Thus, this dumping could be those shares and by my estimates that could be about gone at this point since they PRd that in a filing a month or two ago. Thus, we may soon be free and ready to go and may have more PRs coming here soon as well. One can hope! Of course, nothing is ever certain in OTC land. But based on the trading today, IMHO technical wise, like I said about a week ago, looks like we are getting very close to a very abrupt and significant breakout soon. Let us hope that comes to pass. Would be great for many of the people who have been here for years to get some of their money back! GLTA!
Bid looks solid to support rise! Keep going! RCAT!
Based on closing date should have some revenues from them. That quote reflects what I have been saying over and over during the last year. The government security changes are creating a massive huge gap between the supply and demand balance in Government procurement. Maybe presenting a once in a lifetime rapid growth opportunity for a company like RCAT. Looks like Thompson agrees based on that quote..
BTW, wish you or I would have been able to find this a few months ago rather then now. Definitely not for a lack of trying. But obviously they have been involved with them for some time. Should have been totally focused on what the leadership was doing outside the company rather then connected companies directly. But either way, is what it is and great find connecting the dots to them being in those leadership positions! Bravo!
Key is our leadership managing it and it being an established .Gov contractor! We now have a direct link to a company that SPECIFICALLY does government contracting for drones! WOW! That is huge and the biggest news here in years at RCAT! This situation is not easy to obtain and can take years to prove to get on as an approved contractor....especially when dealing with Military contracts! This is great news....really think we are on our way. And am wondering if in the end, Drone box will eventually tie into some type of government contract. Makes you wonder. Question is though, will we end up being a sub contractor to that company run by our management or will it actually merge in here? Good question. Either way, these guys are smart enough to understand that the big money is going to be in the public stock they hold and creating value for the shareholders. As I have said in the past, eventually I think this will work out because of the stakes they hold. And as I said recently, sure would not want to be in a large short position in this over the next few days if this all pans out in this fairly hot market we currently are experiencing! Fingers crossed! GLTA.
Good idea. I will change it. Also, that Drone box we have to remember how freaking complicated that whole thing is! I totally understand why it has been delayed for a longer period of time because it is going to be designed to track not thousands and maybe even millions of flights at the same time at some point all over the world! Also, with the .Gov creating a system which it will have to fit into and operate with(maybe even within if we are lucky?)this is not just building some toy for fun like FPV since it will be more commercial IMHO when it is rolled out as a target as well as to government. JMHO but ya, I do not think we can even fathom how complicated it is to create something like that from scratch when it has really not fully existed before with all the coding, tieing into GPS, blockchain...etc.
We are actually breaking TOS just talking about this! Everything should be about the stock and their leaders, industry etc. not about people on the board. If you do not believe me read the TOS yourself.
Thanks Sam. Honestly, there have been posts a couple years ago where we were talking about banding together for a class action lawsuit for gosh sakes! That was before RCAT and all the blocked vote shennanigans against a reverse split Read tried to pull with those "super shares". Total BS. And of course, Reads salary alone should have landed him in prison IMHO.
Regardless, whatever anyone says, we are in a MUCH better position company wise then we were a few years ago with now approaching 15m in revenues I would guess and growing. I am frustrated also but do not want to deter new people who have come here because of the up list. This is mainly because honestly, at these prices if you are entering as a new investor, rather then averaging down...IMHO this may end up being a huge win for someone who is in that situation even though it could go the other way as well since I am no expert. And of course, those people winning big, if it did happen, will also allow us to win as well.
BTW my biggest win investment wise took about four years of patience. Lowest it went was .08 and highest was 4. So sometimes you have to weather these storms over a long period of time and understand that risk on OTC. It is just part of the territory. If anyone can not stomach that then they may be better off going and investing in mutual funds or bonds and collecting their 5% yearly return..... .
Funny all of this negativity on a day when we have the most volume we have had in months! LOL just saying.
Btw how would anyone here know if there are going to be shorts in the future? LOL statement of fear? Projection?
Little wacko but um ok.....
Well regarding all that you said, I guess we’re going to find out here hopefully over the next couple weeks. Honestly though, can’t deny it looks like dumping of shares on the bid at points. However, considering the mass of holdings that are locked up and restricted there will come a day when they want us to go up dramatically. In my humble opinion I’m guessing that day is moving closer. Plus, as I said in the past post, makes sense that they had to try to control the price to complete whatever mergers they wanted before it skyrockets due to equity issues In relation to valuations put on the company they were acquiring. Someone even with some basic knowledge in M&A and finance would understand why this is being done temporarily. Ultimately though, if they wanted to kill the stock and just dilute the heck out of it they wouldn’t have restricted the majority of the shares for such a long period of time. I really do believe that a lot of the reason this has not gone up yet is structural issues. Guess we will see but obviously looking at the volume today things are starting to pick up and it looks like this may be poised for a break out. Would hate to be a short sitting on a bunch of covers right now also. if this starts to move up substantially we might see a lot of “negative nellies” because of this. Gita.
Definitely weird how all the filings have come through at night lately. Rarely see that with a company. Very strange. Maybe because of the time difference in PR? Not sure.
Sorry Sam, I received that update also but thought everyone had seen it on here already.
I am wondering if the financials are going to be decent because the up list right before they file the Q seems like maybe some timing to me. One can hope! Either way, volumes and buying pressure appear to be picking up as well. Really hope that maybe we will have some sort of break out here soon.
Ewing? LOL that maybe does fit for the real JR here at RCAT. LOL