tag:blogger.com,1999:blog-6618880.post6759565806140158162..comments2024-03-27T00:26:31.343-07:00Comments on The Commercial Space Blog: Note to Canadian Space Industry: Find More Larson Brothers!Chuck Blackhttp://www.blogger.com/profile/09506476753520146858noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6618880.post-2984454501490147362017-11-01T11:24:48.768-07:002017-11-01T11:24:48.768-07:00I think that's a fair question to ask, Mr. Unk...I think that's a fair question to ask, Mr. Unknown. <br /><br />While the Larson brothers have a rarely seen Canadian entrepreneurial vision (which I absolutely applaud and feel we need more of), one can certainly qualify that vision with the performance of the business unit. <br /><br />As outlined in the latest November 1st, 2017 Globe and Mail stock post for Urthecast at https://www.theglobeandmail.com/globe-investor/markets/stocks/news/?q=UR-T, "UrtheCast Corp has a net profit margin of -26.98%. Besides being negative, it is also below the industry average and implies that this company is not effective at turning revenues into bottom line profit."<br /><br />The next Urthecast quarterly conference call is coming up soon. Let's see how that goes before passing business judgement on the situation.<br /><br />Chuck Black<br /><br />Chuck Blackhttps://www.blogger.com/profile/09506476753520146858noreply@blogger.comtag:blogger.com,1999:blog-6618880.post-73539639867797031952017-11-01T11:08:24.521-07:002017-11-01T11:08:24.521-07:00Chuck - why does canada need more of the Larsons? ...Chuck - why does canada need more of the Larsons? Seems to me that Urthecast shareholders have been treated to significant devaluation of their equity value since Urthecast went public and suffered massive dilution in that same time period. Do we really need more of that??!?space123https://www.blogger.com/profile/11175060112070095494noreply@blogger.com