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To: forbrydelsen who wrote (1441)	1/5/2016 2:50:47 PM
From: kidl	Respond to of 1728

As far as I can tell, Gonen’s EUO COO position was largely ceremonial. Maybe this will change with Reinis. Never could figure out why there is / was a EUO COO position. BR runs the show and holds the strings. The GFI people resigning from the EUO board makes sense to me. If they remained, there could even be a conflict of interest since they are (probably?) now SICA employees. BTW, between the three of them, they earned roughly $400,000 last year. If there is a concern, then it’s the weakening of the “Isreal connection”. The BOD replacements will tell us more ...

To: forbrydelsen who wrote (1441)	1/5/2016 3:36:33 PM
From: madmax123	Respond to of 1728

my opinion (for what it's worth) is that SICPA is not going to acquire Eurocontrol, especially if they diversify into other sectors like smart crop technologies. It seems like if SICPA were to acquire the entire company, they would be left with some (hopefully successful) businesses that don't fit within their umbrella of expertise. It seems more likely that they would continue to buy divisions or do the "rent to own" thing they did with GFI.