Eurocontrol Technics Group (fka EUO.V)

[SShawshank]

Question to anybody on this board.

The next reporting quarter given the revenues are largely recurring could add up to another big sequential gain. does anybody know if the existing revenues to Eurocontrol from their prior contracts dating back to 2013 I think they were announced-remain with EUO? as ongoing revenue? or does the future revenues deriving from those past contracts that EUO signed prior to the sale to SICPA see SICPA now collect the revenues from those past long term contracts Eurocontrol secured prior to the SICPA agreement for purchase of GFI being ratified?

This to my recollection was IMO never made clear-and if it was if someone could link to the material would be appreciated.

My way of thinking and experience is that the transfer of assets and contracts go with the sale of the subsiduary to the purchasor no?

It would be a real coup de tat-and admittedly a real win IF Eurcontrol retains the revenue from their prior contracts to the sale of GFI to SICPA.

The positive offset is I guess SICPA winning a $50-$100million fuel tracking deal in 2016 and the royalty kicking in replacing current level of revenue reported.

I voted for the SICPA deal cuz we haven't seen much in contract wins lately-not since 2013 I believe without checking- and SICPA has the world wide established network and government connections in the certification sector already and that footprint being so much larger by comparison one would think yields bigger fruit over the 6yr cycle of the royalty payment thru larger fuel tracking opportunities.

I'm hoping Aya that we see some greater visibility on XwinSys going forward soon- as it is the go4wd technology of Eurocontrol's que and many hope- including myself-it will start producing revenues in the semi C space quickly.

SS