Oct. 3 at 8:17 PM
$UMAV What we need here is the following:
a.). PR stating that debt (toxic) is gone and dilution is over;
b.). PR stating that we've received the 50M term sheet/financing;
c.). PR specifying the exact date/time/location of weight balance & flight test;
d.). Confirmation of a signed contract for SALES
If we get those things, even with a 2B OS (assuming they max it out), I can see a rebound here. For example, w/ 2B OS, a share price of .05 would give a 100M market cap. Not unreasonable if they sign a 9 figure contract. But all speculative now. That also doesn't factor in buybacks. But again it is up to UAV Corp. to show us the goods after what has been a VERY frustrating several weeks-months.