OTCPK:EUCTF - Post by User
Comment by
koast2on Nov 17, 2015 9:04am
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Post# 24297014
RE:RE:RE:The Opportunity is NOW!
RE:RE:RE:The Opportunity is NOW! xsnrg wrote: kidl2 wrote: Link to Asian Development Bank article referred to:
https://www.adb.org/publications/fuel-marking-programs
So fuel marking is in high demand. This is very good news for SICPA who now own our GFI technology (or at least will own it after Dec 18th).
How is this good news for us, we have effectively sold that product so world demand is meaningless to us EUO shareholders with the exception of some 1.5% gravy.
If you are referring to our future marking products aren't we just going to sell those too when they become commercially viable. It appears our new business plan is to develop great products with some solid R&D and then sell them for cash. The business should be able to do this successfully forever but what I am struggling with (and it appears I am not the only one) is how do I get a return on my money?
I would love to hear everyone's thoughts on the matter, not trying to be a debbie downer but these are the questions the market needs answered right now.
We could have $50M cash in the bank and we might still be in the mid-teens, they need to show us how we will profit someday, buying more companies and selling them later for a profit is nice but it's not putting money in our pockets. They either need to share the cash, buyback shares, uplist to the TSX/NASDAQ etc. I think everyone's patience is wearing thin, you guys are just better at hiding it than me :)
I thought that a TSX listing was mentioned in some past release as part of the long term plan ?
In the mean time we not l also have increasing revenues from this as Sicpa applies our GFI technology more than Euo could have ?
As a key part of the transaction, the company, through its wholly owned subsidiary, Xenemetrix Ltd., has agreed to enter into an exclusive long-term supply, maintenance and support agreement, pursuant to which Xenemetrix would continue to supply to GFI, and GFI would continue to purchase, Xenemetrix's products and services currently used by GFI in its business, in each case, on an exclusive basis within the oil and gas marking and monitoring field of GFI's current operations.