RE:Another independent report on EUO Isn’t it nice to see such a high quality newsletter write-up being referenced on EUO’s website? The news release cut and paste work is truly beyond reproach. If this isn’t indisputable evidence of a well thought out IR/PR strategy, I don't know what is.
and their portfolio section
If one then adds the other players like Levy, Teuza /Fairchild and the tight connections to Israeli Universities into the mix, it’s not all that hard to guess where DigiFlex is destined to go … The terms IPO and Buyout come to mind.
Keeping these two terms in mind, one could then be tempted to theorize how EUO and its little cash stash which is looking for one or more homes might fit in beyond the publicly disclosed cooperation (MOU). A little pre IPO piece of DigiFlex may not be such a bad fit … ???
Theorizing about the even longer term, it may not be all hat far fetched to see some sort of deal with SICPA if the DigiFlex / Xenemetrix coded ink undertaking succeeds. Ink and security printing is their home turf and staying on the forefront of technology must be pretty high up on their list of priorities.
Bottom line: A little DD paints a pretty picture of EUO’s growing Isreali network. Even though most of it is nothing more than conjecture at this point, it provides food for thought and it sure beats watching SICPA soaking up more cheap shares and yes, it also beats watching EUO buying back its own shares.