OTCPK:EUCTF - Post by User
Post by
Bruceforeveron Jun 23, 2017 5:08am
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Post# 26396360
Kidl & Salaries
Kidl & SalariesI’ve been warning about SALARIES during a long time. When you have revenues around $8MM (most of them from GFI fuel, in 2015), I was not care about the Managament Expenses. But when you sell this Company and continue to have the same Management Expenses and push high Doron’s salary without selling anything from Xwinsys and nuggets from Xenemetrix, the share price only can go down. I told you several times, there’s no way to believe in a Company where total salaries are around $2MM, and revenues expected are $1,7MM (only from Xenemetrix, on the best scenario). Add here the COST of sales, research and development, marketing sales and public costs. It’s the first time I read Kidl post saying what I’ve been saying ago.
I’ve invested here ONE hundred shares, because Mr. Crowlands said he was expecting $4MM sales from Xwinsys this year. You can see that on Youtube video.
There’s a conference right now, and what is going to say Mr.Lolwands to investors? There’s something new that investors want to listen? Or it’s simple the same? I really think that if there’s nothing to say what have been said before, it’s not a good idea to do that presentation conference to investors. And this is why I hold ONE hundred shares. My take is that Doron’s salary is going to be around $65,000 per year from $430,000 until Xwinsys sell the first product. Mr. Crowlands is going to do the same from $300k to $90k. And the cute secretary the same way. Only with these reductions share price will move up from $0.10 to $0.17. Then, when we see $4MM revenues from Xwinsys, we can see share price going forward to $0.25.
We are watching you Bruce…We all believe in you. Too many bashers in this board can not affect the right business in our Company. Show them, they are wrong. Show them the money Bruce. If you decide to keep all that stratospheric salaries versus revenues, I will buy ONE hundred shares at $0.075 soon.
B4ever