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Eurocontrol Technics Ord EUCTF

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two-dimensional (2D) and three-dimensional (3D) image processing technology respectively."


OTCPK:EUCTF - Post by User

Comment by kidl2on Aug 26, 2017 12:05pm
70 Views
Post# 26624790

RE:RE:RE:RE:A little reality

RE:RE:RE:RE:A little reality
$7.6 Mil or 20% of gross revenue in R&D expenses over 12 years plus untold millions in R&D related wages, office / lab expenses etc and what do they have to show for? A few updated Xenemetrix gismos which have never generated profitable sales and the so far illusive XwinSys wafer inspection system which was supposed to hit the market a year ago but has  gone back to the drawing board according to the latest MD&A. 
 
That’s not R&D. That’s EUO’s very own variation on nepotism!
 
12 year P&L history:

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