Replies to post #16904 on Red Cat Holdings Inc (RCAT)

[nickmerck]

Opinion below:

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 :)