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Microcap & Penny Stocks : Eutro ( EUTO )
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To: Carl Brehm who wrote (2380)12/5/1997 11:44:00 AM
From: 91fxrs  Read Replies (2) of 12043
 
Actually I think Carl's thoughts on number 2 have some merit
considering the current situation.

>>>2. A. Euto needs cash and accepts there offer.
B. Euto makes a counter offer.<<<

We all know that letters have been sent to the 4 companies requesting
the shares to be back in EUTRO's hands in 30 days. But, what if the
companies offer enough moolah to EUTRO to forget about there terrible
mistake? 30 days should be more than enough time to come to a settlement.
If these 4 companies sold into the float when the runup to .27
occurred, then buying the shares back right now at this level
would still allow them to show a "fat" profit. If these companies
sold at the .02 range, then they are in deep dookie. At this point, I
would think they would do their best to settle. I know that a
contract is a contract. But we see it all the time in the outside
world how contracts are always renegotiated for whatever reason. In
sports, it is usually for more money!! Since all this speculation has
started with the announcment of the 50 million, maybe it would be
a good idea to go directly to the company to find out if they would
consider a settlement. But if the company does consider a settlement,
would they also consider the shareholders? I have held EUTO since the
beggining of September because of the belief I have in the company. I
am hoping that EUTO will take us into consideration if any offer does
come in. If they don't, I am betting they will hear from alot of shareholders.

Just more speculation IMO
Richard
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