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Bullboard - Stock Discussion Forum Eurocontrol Technics Ord EUCTF

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

OTCPK:EUCTF - Post Discussion

Eurocontrol Technics Ord > Will EUO's intensive R&D investment bear fruit?
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Post by newdaydawning on Apr 30, 2017 3:31pm

Will EUO's intensive R&D investment bear fruit?

The current R&D burn rate - 260% of revenues - will likely taper off as EUO grows the top line. Among the biggest pay-offs from the R&D investment will be EUO's long-awaited success in the semiconductor market. We are told that there will be news of that success in the current fiscal year.
Comment by Chutzpah on Apr 30, 2017 5:12pm
Did you miss the part of the Rowlands interview with Espace Micro Cap where he said R&D will go on to the tune of several millions for the next years or are you just trying to outdo Raptor in a BS competition? 
Comment by StockMagician on Apr 30, 2017 10:40pm
Espace Micro Cap, what the heck is that?   I must have missed it as well. LOL about R&D for several millions for the next years. Was that loonnng before he crunched the numbers for Q4?
Comment by Chutzpah on May 01, 2017 3:36am
It was done 24 days ago  Here it is, have google translator at hand https://discussion.espacemc.com/t/euo-v-eurocontrol-technics-group/394/9
Comment by Ringert on May 01, 2017 2:17am
Last year we were told they would sell a Xwinsys system during that fiscal year... Now, 4 months later still no sign of any sales. I wouldn't expect to much in terms of sales this year. Plus, Rowlands has said in multiple interviews that he's looking to raise money so expect the crazy burn rate to continue without revenues for the next year's but with a private placement here and there ...more  
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