The Microcap Kitchen: Stocks 5¢ to $5 Message Board

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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: zen_lunatic420 who wrote (117211)	11/28/2015 10:54:29 AM
From: Rocket Red	Read Replies (1) of 120414

did you forget a few things on your write up on euo how about this EUO 16 mil deal yes but minus 1 mil debt to Gfi minus 250k already paid,minus 250k lawyers fees to close deal = 14.5 mil left Oh but wait euo has to pay Canadian tax at 26% on 4.5 mil as they have 10 mil in accumulative debt over the last 15 years 4.5 mil @ 26% tax = 1.17 mil in tax 14.5 mil - 1.17 mil = 13.33 mil left for euo deal fully diluted share count = .1375 cents per share cash burning per Q is around 1 mil today XwinSys Q revenue has been slipping to 275,000 now your write is wrong Message 30334732

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