Andre,
Another point is that they have contracts in the works and that is what makes EuTo viable, not the unaudited financials or the retirement of the 50M.
Your post is exactly what it is all about.
I would be impressed with news about some of the deals the company has going. While I admit that the partial recovery of shares and/or money is a step in the right direction, it is hardly, in my opinion, reason to rejoice. This company has a LOT of work left to do, and I would hate to see innocent people buy this stock based on the impression that this news release is a great thing, when is actually, at best, mediocre.
There are a lot of people who, like you and I, bought this stock at the .05 to .10 level. I have a pretty good feeling that if this thing ever hits a dime, a lot of folks who have been holding it for a year (because it made no sense to sell it at such a loss) are going to sell it. This is not even considering the folks who bought it at the < .03 who are now at a double-out or better.
I guess what I am trying to say is that while the news is a step in the right direction, it is hardly a reason why someone should go out and buy the stock.
Also, wasn't there supposed to be more info released about the "recovery" and/or meetings regarding the same yesterday as well? Didn't Bender say that the company updated him on the progress of the meetings and was supposed to update the general public yesterday?
Where was that?
Regards,
Binder |
