Eurocontrol Technics Ord EUCTF

Technology Computer Systems

"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."

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Eurocontrol Technics Ord > R&D costs will continue without any outlook of revenues

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Comment by StockMagicianon May 02, 2017 12:03am

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Post# 26190430

RE:RE:R&D costs will continue without any outlook of revenues

Did I miss something? I thought XwinSys had zero sales. Yes, more than zero would be good. Not spending the full $2M on R&D, 1/3 less than budgeted, seems like more of a red flag than a good thing to me. Yes, it limited the losses in Q4. Was it merely postponed until Q1? I guess we will find out when Q1 is released next month.

endeavour wrote:
ringer, you're unbelievable.
R&D expenses were far LOWER than anticipated.
Almost $700,000 LOWER!

The fact that they are willing to further customize Xwinsys to ensure sales have the best uptick possible also cannot be a negative. They will get MORE sales by doing this, not less.

Wow, bashers clutching at straws here. Maybe we'll see some buying interest in the morning off the back of this report? That what you're scared of? Thought so.

Add in EUO's marketing engine starting up and exposure on the Documentary channel for an extended period and you have several reasons why we may soon start to see a higher share price.