Eutro ( EUTO ) Message Board

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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Y-fall who wrote (925)	11/4/1997 9:31:00 PM
From: Novice Bob	Read Replies (2) of 12043

Paul: We seem to have a little problem, the process of retiring shares being delayed as well as the calling of certs. I am not sure if the problem lies with the TA or the DTC. At any rate, these people (TA & DTC) do not answer to the shareholders. There seems to be only one thing that will be the ultimate solution to this problem, patiences. Some people have not received their certs yet and some people have not requested certs yet. However, several million certs have been received by shareholders. The best thing we can do is have patience and continue buying up shares when price dips. This stock was once over a dollar when Floyd was at the controls, "HE'S BACK!" and he is taking care of business. Why has the price not gone up yet??? 1) Some MM has inventory (real shares or fake shares). 2) Not enough shares pulled from the float yet and still more certs to be processed. 3) MM's may be able to get time extensions to delay the covering process if they are short stock to cover. 4) Some strange force will not let it go up. It has become apparent to me that this process of a squeeze (if it involves MM's) will require a lot of time than a normal "legal short position" squeeze. There are too many elements surrounding the mechanics of the squeeze that a MM would have control over. I feel patience is all we have to ultimately battle a short squeeze involving a MM, providing all elements in our control are pressed in to effect. Bottom line is, if you feel you have a better place for your money and for what ever reason you can not out wait the short position to cover, you should liberate your EUTO stock. Time is our only tool we have outside of certifying the float, this stock is not a momentum play. very long! Robert

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