OTCPK:EUCTF - Post by User
Post by
marketsenseon Mar 02, 2016 12:08pm
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Post# 24613082
Austin Al
Austin AlVery interesting post. I recall this company was mentioned last year in a post about trying
to strike a deal for a merger but failed. At this point in EUO's growth, why would they need
a private company to distribute their Xenemetrix products and I assume give up some profit
margin for doing so. They've got the royalty stream and the exclusive sales contract for
Xenemetrix with SIPCA already locked up and now they've also got the cash for a deal.
Buying Austin Al out would immediately make EUO more profitable but it would also help
clear the air of overlapping complexity and competition for Xenemetrix. Makes a lot of sense
and would seem like a very smart move on their part. Any comments?