OTCPK:EUCTF - Post by User
Comment by
kidl2on Jul 10, 2018 2:02pm
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Post# 28294496
RE:RE:RE:Bottomline What Should Happen For Shareholders !!
RE:RE:RE:Bottomline What Should Happen For Shareholders !!Lay everyone off, shut the doors, and lets divy up the cash and move on.
SM: Actually a very reasonable idea. Take the current cash, cut a deal with SICPA for something like a 50% discount on guaranteed royalties and current shareholders could walk away with maybe 7 cents per share.
The reason this won’t be happening ... The people currently in control own very few shares and thus wouldn’t benefit from a wind-down while benefitting greatly from keeping EUO alive as long as possible via salaries, consulting fees, perks etc.