OTCPK:EUCTF - Post by User
Post by
Bruceforeveron Mar 23, 2017 7:31am
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Post# 26018667
HANDS
HANDSOne should use cash on hands to value EUO.
Last Q3 EUO showed $12,760,164 cash.
My estimate for Q4 is $11,910,164 ($850,000 less aprox)
During q1 2017 I think another $1,500,000 for R&D should put EUO with only $10,3 million cash on hands.
So the value of the entire EUO without cash on hands is around $0,01 aprox.
This q1, again will be very dissapointing about revenues. I expect no more than $300,000. I expect more than $200,000 in Managemtn expenses. No way.
B4ever