OTCPK:EUCTF - Post by User
Comment by
Chutzpahon Jul 28, 2018 2:46pm
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Post# 28381354
RE:RE:SICPA submits only qualifying bid for Phillipines contract
RE:RE:SICPA submits only qualifying bid for Phillipines contractkidl2 wrote: This is far from a done deal. Authentix very likely backed out because of the P0.08 per liter limit which is a VERY small fraction of what other contracts pay simply isn’t workable.
Either this whole bidding process is a government sham (We tried but we couldn’t make it work) or SICPA hopes to pull the usual stunt of “renegotiating / modifying” the contract after it’s awarded. If so, Authentix won’t just roll over and let this happen.
Either way, to look at it as “guaranteed” or even potential future EUO revenue is imo foolish.
Just more wishful thinking for the Peanut gallery....