Post by
Koast2coast on Aug 20, 2015 9:23am
CC
Please folks listen to the cc (on the website now) 6:24 - 6:52 Mr Rowlands explains "we will continue through our subsidary Xenemetrix to supply and support the petromark technology cause we will continue to be the providers , manufacturers of the analyzers used in the petromark solutions."
Appears to me that they have obtained the best of both worlds , someone with their foot already in the door to carry petromark forward , and at the same time growing our Xenemetrix subsidary .
They will need Xenemetrix analyzers to use with the petromark technology .
Comment by
lscfa on Aug 20, 2015 9:46am
Mgmt clearly states that they expect royalty revenue to exceed the $1.5 million/yr floor significantly. Also, a large dividend is unlikely since mgmt said they have many acquisition opportunities.