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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Ali Asad who wrote (4552)3/17/1998 12:13:00 PM
From: E Richter  Read Replies (1) of 12043
 
I think I know where you are coming from.

As far a believing that it is a real company, that is a non-issue:

There are many people that visited their office and they did not have to make an appointment for anyone to unlock the door.
They answer the phones, even though the information one can get is limited.
They are in the process of issuing a dividend to preferred shareholders and a shares in another company, which they earned(production), to all shareholders.

I agree with you on the lack of advancement part, but they have legitimate sounding reasons for those:

They encountered unforseen problems with Santiago Cigar and they learned from them. They are now more selective in the type of companies they bring public and they do more DD before they take them on - delay.

The one or many issues involving share illegaly sold into the float - I am happy with what's on the web page - for now.

They have a goal of bringing 4 companies public this year ( to a total of 6 by the end of 1998 ) so we have something to watch for.
First quarter is about up, it's time for company 1998 #1.

I am cautiously optimistic, as with all my stocks.

ER
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