Red Cat Holdings Inc (RCAT)

[Orphanboy]

I would think that if an institutional investor like Hudson Bay feels that TFVR is worthy of attention, then that cannot be a bad thing.

Someone said those shares were already sold. I don't think this 13G addresses that. Only that HB had some kind of convertible security that, if exercised, would give HB 9.99% ownership of TFVR a/o 31 December 2017. They would own 9.99% if they combined the shares they already hold (404,885 on the books) and exercised options that could give them another 4,796,543 shares, for a total of 5,201,428.

Not a coincidence that in early Jan 2018, TFVR changes direction.

Anyway, something is brewing. We will see.