OTCPK:EUCTF - Post by User
Post by
marketsenseon Jan 02, 2016 1:08pm
141 Views
Post# 24424868
Small guy dilemma
Small guy dilemmaWhen you're a small guy trying to negotiate with countries in a competitivie landscape, I would
imagine it would be very difficult if not impossible to get an advantageous pricing model for
your product. This was probably EUO's only option at the time. At least they realized it and
went with SICPA, who has the clout to negotiate better pricing which will ultimately benefit
EUO. Low pricing was simply the cost of entry and EUO's better off having sold that business
to someone who has the greater leverage.
I have some knowledge on how difficult it is to do business with foreign countries and I can tell
you, you don't just breeze in with a price in mind and expect to land a huge deal the first time
round like you might in N. America. e.g. remember the bribery scandals involving SICPA in
S. America? At this point its past history anyways. GFI is sold and it's what next on the plate
that concerns me now. Aquisitions? XwinSys? increased revenue from Xenemetrix? Anything
to move this name forward.