OTCPK:EUCTF - Post by User
Post by
green24on Jun 29, 2016 8:38pm
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Post# 25010702
18 cents
18 centsWe first hit 18 cents in August last year. Here we are more than 10 months later, and still at .18 cents.
We really could use some news of a GFI contract. Even if it is only a small one that doesn't manage to pay SICPA back what they are about to start paying us in royalties. Just something, anything, for the market to point at so we can say "It starts here".
I know these deals take a heck of a long time to put together, but wow, I'm shocked that there hasn't been a trickle of news about it roughly six months after the sale closed. I did not expect this.
I kind of hate that SICPA is private and doesn't have to keep the market informed about any potential or material progress they are making. We might only ever find out how they are really doing when the quarterly report for EUO gets released after each semi-annual royalty payment is paid months earlier.
I guess the first royalty payment should arrive some time in July. So lets see. End of August we will get the Q2 numbers, which won't yet include the royalties. End of November we will get the Q3 numbers and then know if SICPA paid the minimum amount or something more in July. Sheesh. Isn't there a more real-time way to find out? My fingers are crossed that Bruce is able to find out AND let us know, the moment contracts are signed.