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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Mike K. who wrote (7789)10/5/1998 8:11:00 PM
From: Judith  Read Replies (4) of 12043
 
Reading this financial information has raised some questions for me. I would appreciate it if someone has the answers.

1. Where did the money come from to reduce the long term loans from $1,357,712.63 to $50,000? (Am I missing this and it is somehow shown here?)

2. What wholly owned subsidiary does EUTO still have that is $185,495?

3. Who is J. O"Keefe and why is he giving EUTO money?

4. Why does a company receive money from Market Makers?

5. Does stock receivables indicate that EUTO sold shares into the float?

6. What is a stock distribution payable to FMHG?

7. Why is the non current asset - wholly owned subsidiary - not included in the total non current assets?

8. Which of the current liabilities are from 1998 and 1997? (My guess is preferred dividend and accounts payable are for 1998.)

Thanks for any explanation anyone can provide.

Judith
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