Then why are EESOs margins so low in all of their unaudited statements to this point? They have been selling high margin consumables all this time. and do you think that when (if) the financials are finally audited they will look better than the ones Jared through together? If so, I have a bridge that overlooks some lovely swampland that I am selling as a package deal.
And as a poster before me said, they question if EESO's take is even close to the $2 million mark. Sounds like it would be closer to $1.5 million for this amount of sales - before costs.
I'm amazed that there are so many positive posts here.
Someone please explain what all this optimism is based upon?
I'm not trying to bash but I can no longer see anything that points to this being a genuine investment opportunity. It seems plainly obvious there will either be no buyout at all or if there is it will be a convoluted incestuous affair involving a linked organisation which to all intents and purposes might as well be on the inside.
I expect there to be an announcement of large SA contracts in the near future. This will be about as verifiable as the Korean contracts.