Red Cat Holdings Inc (RCAT)

[investor2004]

Considering the weird amount, no duration on the payment just upon demand(IE IMHO implying short term), I think this is to maybe get us over some "proverbial" goal line where he almost had enough but not quite...so rather then going out looking for it....just threw it in himself knowing he would get it back soon. Maybe even banking on mining...and then the crypto market taking off appreciating whatever is currently in our "crypto piggy bank" at this point.

Anyway, today was the day they said they would be, ROUGHLY, sending out materials...and maybe we see a DEF soon? Also, very interesting, did you notice the guys who bought the VR business have basically defaulted on the 100k note? That was pretty crazy and surprising to me and was in the the PRE14. Maybe as you said, this is for legal expenses to take that asset back and foreclose? Just a thought. This one really does have a ton of smoke and mirrors. Let us hope when the smoke clears, he is more like the great Yoda(the one from the ORIGINAL Star Wars!LOL) then the great OZ.