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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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To: Bullish2010 who wrote (39486)11/26/2015 2:41:52 PM
From: kidl4 Recommendations  Read Replies (1) of 49402
 
EUO ... The cash burn you are referring to is due to increased R&D spending within the previously disclosed budgetary guidelines and expenses related to the SICPA transaction. I expect Q4 to show a similar burn rate. Operating expenses after the transaction closes are impossible to estimate based on currently available information. Income aside from the minimum SICPA royalty is equally impossible to predict but based on what I consider reasonable expectations, will be a multiple of the minimum guarantee which in turn will also significantly enhance Xenemetrix revenue.

For 15 cents or an EV of $15 Mil you get a pristine balance sheet, a boatload of cash, a sizable revenue stream, Xenemetrix’s proven, patented and expandable technology and you get well advanced XwinSys sort of thrown in for free.

Anyhow, you wanted to know if EUO is a buy at this level ... That’s not for me to say but it’s a package far superior to 99% of MC’s which is why EUO is right now my only (serious) MC investment.
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