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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Robert Rice who wrote (6000)5/28/1998 3:53:00 PM
From: John Hanzl  Read Replies (2) of 12043
 
All...

Just a few questions to help me get things straight...

(Note: I am very positive towards EUTO and have a decent [for me] number of shares invested in this co.)

Not too long ago people were stressing the importance of Bio to Eutro

Ex:

"To: +Jeff (5986 )
From: +Alan Markoff
Thursday, May 28 1998 12:21PM ET
Reply # of 6000

At one point it will break the 3 barrier and hold .04 and beyond. Bio is a big key here
and the appointment of Mack Hunter.
"

Now people are rejoicing at this latest PR. How will Eutro benefit from this deal? The PR states that:

"Eutro will receive for this transaction 500,000 shares of Cypro common
stock valued at $1,000,000.
"

However a few lines later it states:

"Eutro has received assurance that Cypro will
become a publicly listed company as soon as it is practical to do so.
"

Which would indicate to me that those shares really aren't worth that $1,000,000 yet.

So Euto looses Bio-Analytic Laboratories Inc. in exchange for paper.

Anyone have any comments on this? I just want to make sure that this thing holds up under closer scrutiny...

TIA - JohnnyH

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