SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Eutro ( EUTO )

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: I Am John Galt who wrote (2038)12/2/1997 10:25:00 PM
From: Theo   of 12043
 
Matty,

~~"1)The company will be awarded the cash amount that the sold shares into the public are worth now.

2)The company will then proceed to buy back those shares."~~

Not sure how that would work. Why would EUTO agree to current prices of ALL shares? When they go in to buy back, the price is gonna up, up, and up! There is no way Euto could establish a predetermined price because of the price appreciation as the float is reduced.

Better still, EUTO goes in and buys the 50 mil for whatever amount it costs, then hands those companies the bill!<g>

Theo
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext