Thursday, August 22, 2019 10:54:11 PM
I emailed the contact listed on their website POLITELY expressing my concerns over the split, the recent twitter posts and asked them not to forget about their shareholders and employees. This was sent to me less than 12 hours later.
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Hi Alexander,
Thank you for reaching out and expressing your concerns. We want you to know, first and foremost, we are an open company, believe in transparency across our team, customers, partners, and shareholders and work hard day in and day out to meet this standard.
The Twitter post you saw came from a former consultant who had control of our Twitter account whom we recently parted ways with.
Red Cat is working on exciting software for the drone industry and the work being done is important, the technology is complex, and there is a vast ecosystem that needs to come together for it all to work. The employees we work with (BTW employees 1,2,3,4, and 5 are still with the company), the partners we choose, the investors, like you, who believe in us are all paramount to our success.
We have completed the name change, and will have our new ticker RCAT around August 28th. The reverse split was very important for Red Cat as we have started to meet with institutional investors and research analysts and they cannot work with public companies sub one penny. I am the largest shareholder at Red Cat and have my own hard earned cash invested and will work VERY hard for all shareholders! Feel free to reach out to us anytime you have additional thoughts or questions. Thanks again.
Regards,
Jeff Thompson, CEO
Recent RCAT News
- Red Cat Holdings to Report Fiscal First Quarter 2025 Financial Results and Provide Corporate Update on Monday, September 23, 2024 • GlobeNewswire Inc. • 09/19/2024 12:00:00 PM
- FlightWave, a Red Cat Company, Secures $1.9 Million TACFI Award for Advanced Enhancements to Edge 130 VTOL • GlobeNewswire Inc. • 09/17/2024 11:05:00 AM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 09/16/2024 08:08:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 08:53:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/09/2024 12:44:56 PM
- Red Cat Closes Acquisition of FlightWave Aerospace Systems • GlobeNewswire Inc. • 09/05/2024 11:00:00 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 08/28/2024 09:26:05 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 08/28/2024 09:23:22 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/28/2024 09:20:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 08:05:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 09:12:09 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/08/2024 09:16:50 PM
- Red Cat Holdings Reports Financial Results for Fiscal Year Ended April 30, 2024 and Provides Business Update • GlobeNewswire Inc. • 08/08/2024 08:30:00 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 07/30/2024 03:38:26 PM
- Red Cat Holdings to Report Fiscal Year-End 2024 Financial Results and Provide Corporate Update on Thursday, August 8, 2024 • GlobeNewswire Inc. • 07/30/2024 03:02:16 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/23/2024 09:29:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 09:27:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 08:33:54 PM
- Red Cat Secures $4.4 Million of Non-Dilutive Financing • GlobeNewswire Inc. • 07/22/2024 03:40:55 PM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 07/16/2024 10:02:19 AM
- Red Cat Set to Join Russell Microcap® Index • GlobeNewswire Inc. • 06/24/2024 06:30:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:02:36 PM
- Red Cat Signs LOI To Acquire FlightWave Aerospace Systems • GlobeNewswire Inc. • 06/11/2024 11:00:00 AM
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