Red Cat Holdings Inc (RCAT)

[DrStevens]

While I don’t disagree about the possibility of diluation, I personally don’t believe it’s coming or nowhere near the extent you fear. Thompson has been nasdaq listed before and raised over 180 million. I think he deserves some credibility for that. He seems to know what he is doing so far through these two acquisitions and I see no reason to blame/compare tfvr’s failures on him.
This has been a well thought out start up from the jump. To those that have mocked the company over being located in PR probably aren’t aware of the islands research and development 50% tax credit. They are taking advantage of ACT 20, ACT 22 and ACT 73

http://puertoricotaxincentives.com/

Do you really think read would have signed the company over if he knew his 50,000 shares post split would be worthless? Doesn’t seem logical to me at all. YES, this is purely speculation and YES we all got burned 2 years from dilution but if you look at this from a real business standpoint and not an overnight OTC pump, things have been moving in right direction. By 2021 we could really have something here. Don’t forget about hc wainwright, these guys loan out close to a billion dollars to companies each and every quarter. We still haven’t heard a word about financing, if we just run with RR revs for the year and receive financing Q4 or Q1 21’ we could be talking 50 - 100 million in financing. Laugh but that isn’t far fetched, they literally throw 100’s of millions at biotech with weak balance sheets like it’s nothing. Why destroy the stock before it even gets started? I just don’t see Thompson doing that.

Bottom line, I don’t know what the future holds and I could be totally wrong but after all the countless hours of DD I’ve done, RCAT seems to be a legitimate investment opportunity. They haven’t given me any evidence to think otherwise. GLTA.