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."

OTCPK:EUCTF - Post by User

Eurocontrol Technics Ord > Milking

<< Previous

Bullboard Posts

Next >>

Comment by newdaydawningon Sep 26, 2017 6:37pm

52 Views

Post# 26745176

RE:Milking

Comparing EUO to Kelso simply doesn't work. Kelso's revenues are in decline and its gross profit dropped to 22%. EUO is increasing sales and its gross margin is a healthy 60%-+. The jury is out as to whether management will fail to execute.

kidl2 wrote: The models vary but the results tend to be the same.

I have seen this way too many times over 40 some years to not do shout-outs.

Don’t mistake this for the oh so hated “I told you so” story as “I told you so” plays no part in this.
I firmly believe that EUO is today where KLS.T was a couple of years ago.
A lot of cash. A lot of blue sky and a total failure in terms of execution.

The stories are way too similar not to point them out and pointing them out is the best I can do.
https://www.stockhouse.com/companies/bullboard/t.kls/kelso-technologies-inc

Both companies have / had potentially viable technology or so they claimed. Inept and self-serving management they have in common.