Red Cat Holdings Inc (RCAT)

[DrStevens]

They just left us a clue guys.

"D. Payable to Aerocarve
During the three months ended October 31, 2020, the Company received advances totaling $70,000 from Aerocarve, which is controlled by the Company’s Chief Executive Officer. The parties agreed that the funds would bear interest at 5% annually until repaid."

The name stood out to me so I went ahead and googled it

https://www.aerocarveus.com/

"AerocarveUS delivers timely, US based manufacuring to the Consumer, Commericial and Government drone and UAV space."

In PR also (taking advantage of manufacturing tax breaks would make sense)

"As a government agency, US sourcing is becoming a top priority and is one of the founding principles of AerocarveUS. Based in the US, we offer government customers unmatched reliability, delivery and support to help manage your drone and UAV fleets."

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We know the next acquisition is allegedly on the software side but if I had to guess I would think aerocarveUS would be a logically fit sometime further down the pipe. Hope they actually have a contract or two laying around by then...

"AerocarveUS is laser focused on finding solutions to the offshore sourcing concerns and intellectual property espionage seen throughout the world."