OTCPK:EUCTF - Post by User
Comment by
kidl2on Aug 26, 2017 12:05pm
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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: