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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Judith who wrote (7798)10/5/1998 8:30:00 PM
From: Robert Rice  Read Replies (2) 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?

I'll tackel a couple of these......

The wholly owned sunsidiary is Speciality Products Inc ...that vitaman sales arm.........

I can assume J Okeef is one of the 4 entities and and the $ number is an approximate value of the shares loaned out...........

The reduction in debt They might not have nessecarily been reduced exclusivly by paying cash. Perhaps some of that was Bios debt and it went with BIo

I'll try and take a look at the others later.............
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