SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5ยข to $5 -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (117916)11/28/2015 2:15:39 PM
From: zen_lunatic4201 Recommendation

Recommended By
El Canadiense

  Read Replies (2) | Respond to of 120414
 
You are completely overlooking the sales of Xenometrics EDXRF scanners, which will grow with each new customer SIPCA brings. You are also taking a worst case burn rate from last Q, as the company has increased SG&A while completing the transaction.....and increased R&D spending as their next product from XwinSys in devlopment in cooperation with two of the world's leading semiconductor companies.....so yeah, I think the downside is pretty well limited by the cash value of the sale of GFI, while the upside is actually quite exciting given that EUO will be getting a 5% royalty from a world class company selling GFI's products and services into a multi-billion dollar market, which will create more demand for Xenometrics EDXRF scanners, and another compelling product in development for a multi billion dollar market with interest from the leaders in the market.