Jan 14, 1998 Eutro Press Release #1 - Laron -------------------------------------------------------------- Wednesday January 14, 1:21 pm Eastern Time
Company Press Release
Eutro Group Holding Inc. Makes Announcement
JUPITER, Fla.--(BUSINESS WIRE)--Jan. 14, 1998--Eutro Group Holding Inc. (OTC BB:EUTO - news) Wednesday has informed its shareholders by mail that they will receive a distribution of common capital stock of Freedom Medical Holding Group Inc.
For each 10,000 shares of Eutro Group, shareholders will receive 17 shares of Freedom Medical Holding Group Inc.
Stockholders of record, holding less than 10,000 shares of Eutro Group will receive a cash distribution in lieu of Freedom Medical stock, calculated at $1.00 per share basis.
Fractional shares less than one half share will receive cash, anything over one half will receive one full share.
The record date for the above distribution will be Friday, Jan. 30, 1998.
Contact:
Eutro Group Holding Inc., Jupiter Investor Relations Department, 561/575-3520 |