Red Cat Holdings Inc (RCAT)

[roundmot_6]

It is possible that Mr. King was speaking in approximate terms when he mentioned that we would get an update on the direction the company is going in under a month. My limited knowledge of the man tells me that he is not given to deception and misdirection when speaking with people. I therefore would assume that whatever "great news" he was speaking about on 9/9/11, in his comments to ctine2020, may be imminent.

The fact that they have now filed their 1st quarter 2011 10Q would indicate to me that they are closing in on whatever they are moving toward.

Perhaps we will see the last two filings and the news by Monday. That would certainly be nice. If not, here's hoping the wait won't be too long.

Keeping my fingers crossed.

RPD