In 2017, XwinSys intends to cooperate with its customers to establish the applications capabilities that will eventually lead to systems installation at customers' facility and sale of equipment.
The Company had budgeted to invest up to US$1.4 million in XwinSys in fiscal 2017.
In 2017, Croptimal intends to work with individual farms to establish the specific application capabilities that will lead to full system installations.
The Company has budgeted to invest up to US$1.3 million in Croptimal in 2017.
The only company that might gain some tracking this year is Xenemetrix. This still very much remains an R&D only company, which explains why Bruce had this video removed: www.youtube.com/watch?v=ZKP_CedZZW4 . I don't know what he was on when he made these statements, but it's quite clear by now that it was pure nonsense.
With all these expenditures, and EUO still on the search for new investment opportunities and Bruce having said in two different interviews last year that they will be looking to raise cash we can all see where this is going... A public placement below .10 in Q3/Q4 of this year...