timberwolf7
52 minutes ago
IN the article just put out, says May/June for a flight test..
and yeah, dilution is a concern. Why I said a reverse split is 'possible down the road.
Helps cut down the share count, allows them to get the share price up to help meet listing
requirements and at the same time, allows for even more dilution if they choose to use an ATM
to raise cash.
Way it goes in the penny stock arena. Just have to hope you got in so cheap, that post the r/split
IF one occurs, the dilution, that the Market Cap is still 'cheap' by a few multiples to a conservative
target price.
Good luck..
hardlesson
23 hours ago
If helpful, you'll notice that the "Float" number on OTC Markets, does not have a "Badge/Shield" next to it.
That means it is not "Verified by the Transfer Agent." So it's not an accurate or up to date figure for the Float.
You see it's from Feb 2025. (The Issuer/UMAV, has not updated that number with OTC yet.)
The most reliable figure for the Trade-able Float is the "Held at DTC" number.
198,918,367 Held at DTC
If you are already aware, my apologies...but felt compelled to state the above as a caveat to my previous posts.
https://www.otcmarkets.com/stock/UMAV/security
If you look at most OTC stocks, the "Float" number is way out of date.
hardlesson
2 days ago
UMAV is projecting "Government" Contracts:
UAV Corp. to Launch Inflation Test of SA-70 Airship This WeekโA Gateway to High-Value Government and Defense Contracts
The DART SA-70โshort for Detachable Airship Retractable Tetherโis a groundbreaking lighter-than-air (LTA) unmanned aerial vehicle designed for FEMA disaster relief, public safety, defense, and long-range communications.
โThis inflation test is a pivotal moment not just for engineering validation, but for the many mission-critical roles the SA-70 is built to support,โ said Michael Lawson, CEO of UAV Corp. โFrom disaster zones to defense corridors, the SA-70 represents a new class of aerial resilience and intelligence.โ
Built to meet feedback from FEMA, Homeland Security, Naval Warfare Center, and Customs & Border Protection, the SA-70 will be registered under a Special Airworthiness Certificate as it enters Phase I flight testing.
https://www.otcmarkets.com/stock/UMAV/news/UAV-Corp-to-Launch-Inflation-Test-of-SA-70-Airship-This-WeekA-Gateway-to-High-Value-Government-and-Defense-Contracts?id=474148