Post by
kidl2 on Jun 11, 2018 5:26pm
SICPA – The Ticket
It was until it became clear that SICPA’s strategy is to cast a WIDE net. Spending a few million to round out their “menu” is a drop in the bucket. Currency security and cigarette tax stamps being the core, they branched out in any which way this could possibly go. Tax stamps on anything but “kids’ diapers “including oil, gas whatever. VERY controversial stuff aside from putting money into the “wrong” pocket and these pockets don't give up easy.. Then came Cannabis and blockchain.. Both of which are now “a dime a dozen” efforts.
Maybe SICPA will score a oil / gas contract prior to the EUO deal running out? The inherently corrupt market / governments do not care for these deals as it would inhibit their ability to circumvent trading restrictions / their ability to divert revenues to private accounts.
I think we all saw some sort of breakthrough when SICPA entered. Going from memory, 3 years later they lost one contract and won another. Neither of any consequence to EUO.
PS: If Bruce had seen any near term upside, he would have invoked the 3rd world war to stay. Instead he took his $200K and “happily” left. What more do you need to know?