Monday, June 10, 2024 6:36:02 AM
Most drone companies are a solid investment, at least in comparison to RCAT. But this forum is about RCAT. Just looking at the face of it: bought 5 or 6 different companies, and it's down to 1 now. Owners of the companies that were spun off to UMAC are retired now (as was the plan), or at least no longer involved in the company. UMAC was spun off as the consumer segment, and all they are talking about is going after defense contracts now. So, the scam continues at UMAC just on a smaller scale.
I'm sure there will be more mergers on the horizon to justify further dilution. I hope Teal owners are smart enough to sell into any strength to make sure they end up with something at the end of all of this. Because eventually RCAT will not have enough firepower to manipulate the stock price to maintain NASDAQ listing to offload shares into some ETF that just buys it blindly for "diversification" - or the dumb fools here :)
Recent RCAT News
- Red Cat Introduces New Family of Low-Cost, Portable Unmanned Reconnaissance and Precision Lethal Strike Systems • GlobeNewswire Inc. • 06/17/2024 06:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:02:36 PM
- Red Cat Signs LOI To Acquire FlightWave Aerospace Systems • GlobeNewswire Inc. • 06/11/2024 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:45:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:43:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:06:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 09:13:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 08:35:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 08:34:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 01:47:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 09:31:10 PM
- Red Cat Launches Robotics and Autonomous Systems Consortium to Bridge Critical UAS Technology Gaps for Warfighters • GlobeNewswire Inc. • 05/07/2024 11:00:00 AM
- Red Cat Successfully Passes Field Testing with Doodle Labs Against Electronic Warfare Technology in Ukraine • GlobeNewswire Inc. • 04/25/2024 01:56:57 PM
- Red Cat Announces Agreement with Sentien Robotics UAS Hive for Land, Air and Sea Drone Swarming Operations • GlobeNewswire Inc. • 04/18/2024 10:33:00 AM
- Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions • GlobeNewswire Inc. • 04/09/2024 12:01:12 PM
- Ocean Power Technologies Announces Strategic Alliance with Red Cat for Advanced Maritime Defense Solutions • GlobeNewswire Inc. • 04/08/2024 12:15:00 PM
- Red Cat Announces $2.5 Million in Contract Awards for Two NATO Allied Countries • GlobeNewswire Inc. • 03/26/2024 02:30:00 PM
- Red Cat Holdings Reports Financial Results for Fiscal Third Quarter 2024 and Provides Corporate Update • GlobeNewswire Inc. • 03/18/2024 08:01:00 PM
- Retired Four-Star Army General Paul Edward Funk II Joins Red Cat’s Board of Directors • GlobeNewswire Inc. • 03/15/2024 02:28:54 PM
- Red Cat Holdings to Report Fiscal Third Quarter 2024 Financial Results and Provide Corporate Update on Monday, March 18, 2024 • GlobeNewswire Inc. • 03/14/2024 09:10:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:13:10 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 03/01/2024 06:04:53 PM
- Red Cat Partners with Primordial Labs to Integrate AI-Driven Voice Control Technology into its Platform • GlobeNewswire Inc. • 02/28/2024 01:00:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 01:58:57 AM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 02/23/2024 01:57:36 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM