Well this is the way I look at things;
I remember I was predicting the rise in Eutro on a number of occasions, I was basing some of those projections on the TA doing there job and came to the conclusion that they were dragging there feet.
The company needs to make clear to us the following and needs to be spelled out in the next newsletter;
1; The status of the 50 Million shares (are they 100% in certificate form and when does the company plan to buy them back)
2; Once the shares are received (50 Million) are they planing to retire some of these shares if not what type of distribution will be done on them.
3; What does Eutro plan to do about the delay of processing of shares being retired and exchanged to preferred and warrants. (They need to resolve the TA situation)
4; We need exact numbers on FLOAT SIZE and TOTAL ISSUED SHARES that is not asking to much from the company.
5; Jim and I are going to make it clear to Brad that these issues must be addressed to all shareholders none of what we are asking from the company is violating any SEC laws. Many shareholders have sacrificed shares to reduce the float and many have requested certificates to rid the company of shorts in the stock and they deserve more than we are working on it.
Based on what the company has stated the following conclusions can be made we all just want it verified once it is undeclared stock is a fact and 1.00 plus is not fiction but a reality.
100,000,000 (AUTHORIZED STATED BY THE COMPANY)
- 50,000,000 (BUY BACK AT .0035/share HELD IN CERT FORM STATED BY COM.)
- 33,500,000 (SHARES RETIRED BY EUTRO STATED IN THERE NEWS RELEASES)
-------------
17,000,000 TOTAL SHARES BETWEEN FLOAT AND INSIDERS THE REST ARE RETIRED OR IN CERT FORM STATED BY THE COMPANY. IF WHAT THE COMPANY HAS STATED IS CORRECT NAKED SHORTING IS A FACT PERIOD.
We all know we hold more than 17,000,000 shares if any of you doubt my count on the certificates I will be happy to have it verified by someone you all choose to audit it Jim Bender and Richard Harris I trust for the mere fact I have known Jim for almost a year Richard for more than 15 years.
The list contains investors that make there own decisions they are free to buy and sell when they deem to do so. I just hope many who hold Eutro stock are dedicated to holding Eutro for a long term investment or when and till the shorts are dealt with as I am. IF THIS IS THE CASE AGAIN 1.00 + IS A REALITY IN MY OPINION.
Brad will be hearing from me and Jim to clarify real numbers of float size and total issued shares after all has been processed by the TA.
|
