OTCPK:EUCTF - Post by User
Comment by
kidl2on Aug 16, 2016 6:02pm
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Post# 25147793
RE:Kickstart my stock
RE:Kickstart my stock green24: Since you asked for thoughts … Cash is essentially trash in the microcap world UNLESS investors are confident that it is being put to good use. This confidence is usually primarily based on the company’s / management’s track record.
EUO’s track record in terms acquisitions and commercialization of technology is essentially limited to the long ago acquisition of the Petromark technology. In conjunction with Petromark came Xenemetrix which has never moved any mountains on its own. XwinSys followed as part of the Reinis “family”. Both, Xenemetrix and XwinSys, were constrained by the limited availability of R&D funds since most of the cash generated by GFI was needed to sustain EUO.
The market is now simply and rightfully awaiting concrete evidence that the current cash stash is being put to good use.