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Eurocontrol Technics Ord EUCTF

"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-dimensional (2D) and three-dimensional (3D) image processing technology respectively."


OTCPK:EUCTF - Post by User

Comment by thedonon May 02, 2016 8:03am
88 Views
Post# 24831653

RE:RE:Financials on sedar.com

RE:RE:Financials on sedar.comSICPA decided to expand and complete their stable of service offerings.  The timing of the move was most likely related to the fuel marking tender in the Eurozone?  There may also be other initiatives coming in other areas like crude marking relative to combating terrorism?   They may have been able to develop their own product, but the cost in time and money did not compare well with the proven, patented, ISO certified GFI solution?

On the issue of the price paid, by most accounts, GFI has the superior product in the overall marketplace.  But the micro size of the company made it impossible to land the big contracts with the big players.  SICPA's size and scope changes all that...
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