Newly Combined Satellite Tracking Business Reports 20% Revenue Growth Orbital Tracking Corp. announced today financial results for the first quarter ended March 31, 2015 which follows the recently completed share exchange agreement with Global Telesat Communications Limited, a privately held United Kingdom corporation. In the March 2015 quarter, revenues increased by 20% to approximately … [Read more...]
Orbital Tracking Corp. Completes $1.1 Million Private Placement
Orbital Tracking Corp. announced today that it has raised $1.1 million in two private placements with new and existing institutional shareholders. The Company sold an aggregate of 1,100,000 shares of Series F Preferred Stock for an aggregate purchase price of $550,000 and an aggregate of $605,000 in principal amount of original issue discount convertible notes due December 28, 2017 for an … [Read more...]
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