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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Auricman who wrote (7196)9/29/1998 6:10:00 PM
From: James Bender  Read Replies (3) of 12043
 
Well we have waited a long time to hear some kind of progress towards the infamous share issue and now we have it. I am extremely greatful that the release names two of the four players in this scenario. For those that have been doubtful that the four companies ever existed you should get some reassurance from this release.

I think it is obvious where these recovered shares are going to have to come from. There are only two places to get these shares. One is from EUTO and they don't have them and the other is from us the other shareholders in the OPEN market.

If the issue would have come to head 6 or 8 months ago EUTO would have probably been tempted to settle for cash only, but I think the company is financialy stronger now than 6 months ago, so shares should be demanded.

We now have more info on the share problem and should know what kind of year EUTO has had by next week. I think most us know that they have had to have had a good year or the financials would not be coming out right behind this great news.

If and when the 2 companies start to buy in the open market they are going to have to fight to beat others for those shares which, should cause us some exciting days ahead....hoping for the best.......Jim
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