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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Andre Daedone who wrote (9534)12/18/1998 10:36:00 AM
From: Andre Daedone  Read Replies (1) of 12043
 
To all:
If you don't believe me, here is a PM from one of the original EuTo investors. I left his name out because he does not want to get involved, and I respect that.

André

To: Andre Daedone
From: Monday, Dec 14 1998 12:04PM ET

I bought BioAnalytics (Eutro's predecessor) as a venture capital investment in 1984(?), before it even went public, and have been lurking on this thread for over a year.

I don't want to get involved -- but didn't we (the shareholders) vote once upon a time to increase the authorized shares to 100,000,000? Doesn't it take a shareholder vote to authorize the company to have a further increase? (If a company could just issue stock to buy assets, they'd ALL do it.)

The Wilkensons have been printing this stock and selling it into the market for years. Another 400,000,000 shares at even a penny a share still gives them $4 million -- not a bad getaway fund.

--, the longest-term EUTO stockholder of all
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