Eutro ( EUTO ) Message Board

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Microcap & Penny Stocks : Eutro ( EUTO )

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To: nougie who wrote (1979)	12/2/1997 8:12:00 PM
From: Theo	Read Replies (2) of 12043

Nougie, ~~"It's possible that the 4 companys have already started buying back those shares."~~ Yep, I read ALL the posts. What I was referring to was the fact that if those "4 companies" aquired 50 million shares (regardless if it was a loan), it still constitiutes a greater than 10% stake in the company for each company. As such, I would be under the impression that before any of those "restricted" shares be allowed to be sold, the "companies" would have to have filed a Form 144 (intent to sell). Thinking I might have missed the filing, I searched (from April to September) for the follow up Form 4 that has to be filed by the 10th day of the following month in which the trade occurs. I found nothing. That was my point. I couldn't find anything that showed when these "companies" sold off shares. Of course, <BG>, knowing they weren't suppose to sell anyway, they probably didn't want to announce it to the SEC and therefore, didn't file!!;-) Just a thought. Theo

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