Red Cat Holdings Inc (RCAT)

[DrStevens]

Depends on how much we can convince funds of our worth/future growth...Also depends on the demand for said IPO. Not a play like this in the drone space, a lot different from the air taxi’s/delivery/autonomous plays out there...We actually have real world applications and solutions for the current industry not a fairy tale that is 10 years out that could be anybody’s game...

The writer of the article states they’ll make a decision when they learn more about the IPO from management/official valuation given. Not sure if that means they’ll be directly in contact with management or if they’ll just wait for news to drop to write another article. The fact that the 20m (initial) IPO isn’t priced in yet makes me wonder if there is another player in background. Think equity was the sole bookrunner a couple weeks ago, more funds could be wanting in which does happen sometimes...Not banking on that but it is a possibility. I imagine there will be another s1a form before the uplist filling the gaps...ER should drop next week that could help improve our valuation/interest.