OTCPK:EUCTF - Post by User
Post by
ElectricFuneralon Jun 23, 2015 10:45am
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Post# 23859080
it wouldn't surprise me if....
it wouldn't surprise me if....
in a short term, we see an agreement to acquired Austin Automation and Instrumentation, Inc. Never forget that our company have been doing business with Rick Comtois since 2012. When the LOI was made to acquired them (Nov 3/2014) our SP was roughly 0,06 and we didn't have the profits like today. So, if we were able to acquired them for 7,5 millions shares + 2,5 millions warrants, it would add us $2 millions in yearly revenues + cut our expenses even more. A 10% dilution, for a roughly 30% more revenues. This would put us in the twenty in no time..... Since then, our SP has stabilize over .10 for sure. It's a lot more safe for M. Comtois. I don't know if it was because of the SP at .06 in Dec 2014 that stop Rick Comtois from signing or because Austin Automation and Instrumentation, Inc had acquired the prospective contract valued at US$40 million with a global consumer packaged goods company for installation of over 400 ED-XRF custom spectrometers over multiple years in a worldwide initiative and wanted to do the instalments by themselves? Anybody knows about that? Thanks!