We are short UAVS and think that its stock is going lower. ![]() That's a brutal decline, but if anything I'm shocked it hasn't fallen further. ![]() While insider ownership declined from 44% to 0.5%. Closed: Sep 8, 7:55:48 PM GMT-4 USD NYSEAMERICAN Disclaimer. AgEagle shares have now lost nearly 80 of their value since mid-February. Ageagle Aerial Systems provides update on introduction of. UAVS stock skyrocketed on fake Amazon partnership rumors from US$ 0.39 to US$ 16. AgEagle to Host 2023 Second Quarter Results Corporate Webcast on Monday, Augat 4:30 p.m. In 4Q’20 an Amazon spokesperson disclosed to reporter Daniel McCoy of the Witchita Business Journal that Amazon specifically does not have any dealings with AgEagle whatsoever. We have found no evidence of any “major e-commerce customer” or any drone technology credited to AgEagle other than reference to the Promo Video leaked by AgEagle’s founder and former Chairman Bret Chilcott’s daughter. Founded in 2010, Wichita-based AgEagle is one of the nation’s leading commercial drone technology, services and solutions providers. Since then, a 54 page due diligence document has circulated on Reddit which at various times referenced the Promo Video and suggested that the AgEagle’s partnership with Amazon was real. It gained 16.8 on Thursday, April 1, following the company's release the prior afternoon of its 2020 results. (“Amazon”, Nasdaq: AMZN) & AgEagle was started by a promotional video uploaded to AgEagle’s founder and former chairman Bret Chilcott’s daughter’s personal website and youtube account (the “Promo Video”). AgEagle stock kicked off April on a powerful note. ![]() Investors and analysts are encouraged to submit questions they would like management to address during. In April 2020 rumor of a partnership between, Inc. AgEagle CEO Barrett Mooney and CFO Nicole Fernandez-McGovern will host the corporate update. That drop comes a day after the stock rose 7.5 in a roller-coaster. We believe that AgEagle Aerial Systems Inc.’s (“UAVS”, “AgEagle”, or the “Company”) was a pump & dump scheme orchestrated by Alpha Capital Anstalt (“Alpha Capital”), AgEagle founder and former chairman Bret Chilcott and other UAVS insiders to defraud US investors. Shares of drone maker AgEagle Aerial Systems ( UAVS -0.20) fell roughly 10 in the first 90 minutes of trading on April 20.
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