OTCPK:EUCTF - Post by User
Comment by
kidl2on Jun 25, 2018 1:14pm
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Post# 28224856
RE:RE:RE:For the gamblers
RE:RE:RE:For the gamblersJoseph: SICPA holds approximately 11.8 Mil shares or 13% of issued. Never sold any according to SEDI. By far EUO’s largest shareholder. I had an average cost calculation but can’t find it right now. From memory ... Somewhere just north of $0.14 which means they are sitting on a paper loss of around $1 Mil. No big deal for SICPA but surely a number they will take into consideration regardless what action they may contemplate.
As for what SICPA may or may not do in the future ... That’s anyone guess but given that SICPA is a private company, they can pretty well do what they want without having to worry too much about backlash from (typically tame) Canadian regulators.
PS: As mentioned before, I just don’t see how SICPA could be interested in the EUO “package”. XwinSys and Croptimal certainly don’t fit. Xenemetrix may fit but then again, what is Xenemetrix’s claim to fame aside from huge overheads and operating losses? Maybe Netafim is interested in Croptimal? Possible but I doubt they need anything from Croptimal they don’t already have.