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"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... see more

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Eurocontrol Technics Ord > YE FINANCIALS ARE OUT

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Post by Chutzpah on Apr 24, 2018 3:35pm

YE FINANCIALS ARE OUT

Couple headlines before I provide my indepth analysis:

Loss from operations 5,423,582
Net Cash (Cash+Receivables-Payables): 6 M or 6.5c / share

Everything on track for 3c a share by YE18 as predicted...

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Comment by lionstar32 on Apr 24, 2018 9:59pm

This post has been removed in accordance with Community Policy

Comment by Chutzpah on Apr 25, 2018 3:46am

Well well well what we do have here? A new pumpy pumper with misguiding numbers that make no sense. Do you even know what a cash flow statement is ? If you bother to look them up for last 2 years you will see these bozos managed to burn through 9.8M for 2016 and 2017 and that was AFTER getting 2.25M of funds from LONG TERM RECEIVABLES (Sicpa payments). So (9.8M+2.25M)/2 = 6M cash ...more

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Eurocontrol Technics Ord