OTCPK:EUCTF - Post by User
Comment by
WatchLearnEarnon Mar 17, 2018 12:48am
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Post# 27732533
RE:RE:KIDL-2-DIDL IS SUPRISING QUITE
RE:RE:KIDL-2-DIDL IS SUPRISING QUITEAgreed kidl2. I don't see this as a new start in the least. In fact, many times when a company announces they are "explor[ing] a broad range of strategic alternatives" it can be read in hindsight as having been short-hand for "we're going to sell off the pieces and close the doors."
That option is always on the table anytime a company announces a "strategic review process."
Just a fact.
Bash away, ya'll...
kidl2 wrote: Rap: Nothing much more to be said except ...
You and maybe a few other less vocal shareholders see this change as the salvation and a new beginning in spite of numerous arguments to the contrary and so far no one has voiced valid counter-arguments.
I just can’t think of anyone who would want EUO as a whole. Maybe they can sell it off in bits and pieces but this will take a loooong time and the only “real value” is EUO’s cash and SICPA’s remaining royalty payments but much of that is offset by the Israeli money pit.
Nothing has changed for the foreseeable future except a few more hundred thousand dollars have been added to this year’s expenses.
EUO's cash levels will keep on going down and so will its valuation.