Red Cat Holdings Inc (RCAT)

[DrStevens]

Sorry I lied they answered 4 out of 5 questions but gave a hint.

Coming into the webinar I presented Bruce with the following questions -

1. Where does Jeff Thompson see RCAT in 2021 and 2022?
DOESN'T WANT TO GET AHEAD OF HIMSELF BUT WHOLE DRONE INDUSTRY IS PROPELLING FORWARD BECAUSE OF COVID19. RR SUBSCRIBER COUNT IS GROWING, STORE IS GROWING. CAN'T SPEAK OF 2021 NUMBERS BUT SAYS THE SECOND HALF OF 2020 SHOULD BE EXCITING

2. Are we still on track for NASDAQ? Do see us there sometime in Q3?
YES! IF ALL GOES WELL.
“STILL EXPLORING OPTIONS” - Redchip deals with NASDAQ it only makes sense and not the NYSE

3. How has COVID19 affected Rotor riot sales/supply chain?
SALES BETTER THAN EXPECTED, APRIL UP 30% YOY, SUPPLY CHAIN HAD SOME HICCUPS BUT WE ARE MAKING DUE AND CRUSHING IT. CHINA IS UP AND RUNNING, THAT'S GOOD NEWS.

4. When will the product launch?
REALLY SOON!
They also spoke about DJI INTEGRATION, WHICH IS HUGE and how they'll market it to consumers and enterprise.
Also was I the only one that thought Dronebox was very aesthetically appealing?! It looked absolutely great.

5. What Companies are we doing case studies? Any big names?
They didn't answer this in particular but gave a hint at revealing more partners down the road. I think they're holding a big hand and aren't in any hurry.

I'm 100% bullish on RCAT

Follow the money guys, read gets his shares in 2021 if we're at 20 bucks he makes a million. He knew what he was doing. GLTA