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Rocketred

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Re: zenvesting post# 168234

Saturday, 11/28/2015 11:46:10 AM

Saturday, November 28, 2015 11:46:10 AM

Post# of 173718
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 up is wrong


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"these posts are not of a licensed investment advisor or analyst nor does he give out buy, sell or hold advice to anyone"

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