OTCPK:EUCTF - Post by User
Comment by
Bruceforeveron Nov 27, 2017 10:41am
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Post# 27037481
RE:Mozambique Fuel Marking Contract
RE:Mozambique Fuel Marking Contract We all know Xenemetrix is the key of EUO since GFI was sold to SICPA. SICPA does not get the European DECISION.
Solvent yellow is the legal product yet, and the Decision made before December 2016 we read that this solvent yellow is going to stay here for a while, maybe until 2021 as they said.
So, the real problem with this Company are two items:
a) Management Consulting expenses and
b) Administration Expenses.
The first one is getting around $430,000 CAD every half year (Bruce, Doron, Andres, Charlotte and others), and the second one around the same expense.
Another important item is that Rowlands CEO shut up. He told us Xwinsys would get $4 million revenues this 2017. And zero revenues has come.
B4ver holding One hundred shares.