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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