Replies to post #15908 on Red Cat Holdings Inc (RCAT)

[amlfbaba]

MM’s sending market buy orders to the bid??

This uplist wait is getting a bit tedious, though.

$RCAT!!

[nickmerck]

Anyone who sees the writing on the wall? 12M in the hole in just a year.

Fatshark was acquired for 5M shares at $1.25. So the 10 year owner of a business undervalued his business by 400%?

Stock-based compensation more than half of revenue, 4x of R&D spend. "Administrative expenses" aka payouts to the owners are 10x that of marketing expenses. The drivers behind the business (engineers and marketing) must really be loving that their bosses are paying themselves out future earnings in a supposedly growing company?

Total operating expenses up 350%, in contrast R&D expenses up only 40%. 18M in the hole in just 12 months.

Y'all would have probably bought the titanic after it hit the iceberg. At twice the market rate. LOL