Red Cat Holdings Inc (RCAT)

[investor2004]

I was here also and and not happy with Read and the old TFVR and watched my investment go down with no way out as you did. So you are not talking to a new investor here which I am sure you are aware. Redcat however has been in business for 5 years though and has 30 employees based on information I have uncovered with DD. Thus, they are REALLY trying to do something and were before going pubic. Very different from Read who basically appeared to be the kind of guy you have been describing and I would agree with you totally he seemed to just using massive crushing dilution for a huge paycheck it appeared.

On the other hand, I believe this company went public because they ALREADY had big news but wanted to share it with the market to be able to fund future growth. And as I have said, ultimately in a few months here we will all see if that is the case regardless of how we feel now. However, just having an early LOI with Roterriot IMHO seems to support my theory also that they reverse merged for this reason. Go google "reverse triangular merger". I personally will be patient with this for some time now because of everything I have said above as well as the potential float and the drone industry about to take a huge leap forward at the FAA. GLTAL.