Red Cat Holdings Inc (RCAT)

[DrStevens]

Something like 95/130 IPO'S were up an average of 63% this year last friday.

Usually in a "good" regular market for IPO's, A little more than half are green. IF RCAT really gets this uplist while everything is trading on crazy speculation who even knows what could happen. SPACS are acting stupid. Imagine the robin hoodies pumping this, People are paying an arm and a leg for software, cloud and data. We are all 3. I can't say RCAT will be the next drone industry leader but for Thompson to have seen the need and this coming, I have to to give it to him.

Given our exposure to DRL viewers and social media presence (RR, RR pilot subscribers, Over 600 K total if count all of them, granted I'm sure there is some crossover so let's just say 250 K potential users) we are a threat to our competitors which should drive value should they ever release the damn product. I've been okay with waiting because sometimes the less people know the better and I have seen enough progress in the background to tell me this is a legit company. It is its infancy BUT growing and most importantly here is the potential VALUE OF DATA. Giving "freemium access" allows us to capture more and more of it. If they really are sitting and waiting drop a big name or two as a client, this will legitimatize everything instantiously and make us an industry player overnight. Thompson said they were doing case studies with DISH, just to name a name for us on the call. Who oddly enough were rumored to be thinking about partnering with amazon back in 2017 for drones and connectivity...

https://www.bizjournals.com/seattle/news/2017/07/13/amazon-dish-network-wireless-phones-homes-drones.html

https://www.cnbc.com/2017/07/06/amazon-and-dish-network-could-be-exploring-wireless-partnership-report-says.html#:~:text=The%20Wall%20Street%20Journal%20reported,interest%20in%20space%20and%20robotics.

For the record, I am not saying we are scoring the amazon contract at all but DISH should be recognized as a potential player and if we're doing stuff with the likes of them, who knows what other companies we've been offering our services to. He told us about DISH before we found the DOT UAV Blockchain paper. Just to add some sort of legitimacy to his claim.

Thompson & Co. realize the payday is bigger than just a couple a million here, me thinks they get paid. Who knows how much longer this market can sustain its self even after the next potential stimulus? next summer maybe? Surely, it's gotta be this quarter or next for us? I'm sure they feel that way too. Too many uncertainties going into the future, especially with credit tightening.


I wonder what the move is, Uplist or get bought out by a SPAC before we hit the QQQ? ;)



Shit, we even have more on paper than nikola ever did LOL

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This is not investment advice GLTA