Red Cat Holdings Inc (RCAT)

[investor2004]

If RCAT has a couple Big PRs in their future of new contracts or revenue streams that are significant that DOES drive a mass of volume, there is just not a ton of this stock laying around on the open market at this point because of all the lock ups that Thompson has negotiated into the deals. My guess is the structural lock ups are there because they know there are some big things coming in the next 12 months and want to let the PPS finally breath once the volume comes. Right now though, honestly, I am as perplexed as you are that we do not have a ton more shareholders showing up here who are new. This considering obviously Rotor Riot as well as Fat Shark are well known in the industry. Of course, an uplist to NYSE or NasDaq would fix this problem very quickly IMHO. Maybe that is the thinking here. Could be closer then we think to achieving that based on that video conference a few months ago. They seemed to imply they were close to qualifying at that point outside of the ageing issue and audited financials. Now that they have Fat Shark seems like they would be in good position as a Nasdaq Capital Markets stock. JMHO. GLTAL.