OTCPK:EUCTF - Post by User
Comment by
Chutzpahon Mar 22, 2018 3:46am
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Post# 27758913
RE:Here is my take
RE:Here is my takekidl2 wrote: Never have I seen a CEO leaving or getting kicked out if anything positive was around the corner.
My personal guess is that SICPA is behind all this. They are the only ones who could possibly benefit from EUO disappearing. They are in the hole in terms of their EUO investment. They overpaid to start with and they dug their hole deeper by buying EUO shares at double or more of their current value.
Maybe they have some GFI deal in the wings which nets them more without EUO than with EUO,
EUO has no defense against SICPA as there is no larger shareholder than SICPA and a lot of little retail holders who just want to get out from under.
If I were SICPA, I would orchestrate a deal offering existing EUO shareholders a 50 cents on the cash dollar with them retaining Doron’s little empire (Xenemtrix / XwinSys and Croptimal).
SICPA could go on chasing GFI type contracts and EUO shareholders would have some cash left to continue to buy into Doron’s BS. That is until this cash runs out.
No one is happy but everyone lives to fight another day ... LOL
Didnt quite get your stance here. Did you mean SICPA could buy back the GFI royalty for 50c on the dollar so they leave Doron with a few more Million to play around the R&D game with his useless lettuce scanning gizmos and the like till its all gone? That sort of makes sense. Would love to see that happen just to watch the likes of Raptor trying to spin it as a positive....some pepole just dont know when to quit I guess :)