Eurocontrol Technics Ord EUCTF

RE:Opportunity

[Chutzpah]

Joseph_K wrote:
What is going on today?   Did I miss something?   Yesterday we closed with the bids at .115 and virtually nothing on the ask below .14.    Today I see the bid at .105.   This just seems goofy to me.

As a reminder, EUO closed Q3 with
Cash $8,543,242 & Marketable securities $4,216,922 for a total of $12,760,164

The current o/s share count from the companies website is 90,780,238

$12.76M / 90.78M shares = 14.056 cents per share.

They lost under 1.2 million in Q3.   I don't know what you all are expecting for Q4 in the next week, but some seem to need a reality check.   This company is ON SALE.   You can pick up the whole shebang for basically the cash on hand and everything else becomes a free play.

Joseph, here´s some news for ya. It´s end of April already and we all know EUO has been selling sh1t on a stick lately and been hinting at continued R&D expensing. Si even at your 1.2M loss for Q3 which I think will prove conservative, thats 0.7M per month or 2.8M for the current 7 months that have gone by since the last reported period. So give or take if you substract the SICPA payment of 0.75M your numbers come down to 10.5M or 11cents share. Thats a more factual picture of where EUO´s treasury stands as of TODAY. Of course markets are fordward looking and by printing 10.5 cents today on the stock they tell you where they think will be TOMORROW and also are giving you a hint on the degree of confidence this team of bozos inspires to Mr, Market ( Mr. Market not being stupid and remembering what this gang has accomplished with Mr. Market´s money in the last 12 years or so). 

Hope this helps