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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Auricman who wrote (9571)12/21/1998 12:14:00 PM
From: Andre Daedone  Read Replies (1) of 12043
 
After all that has happened how can anyone trust the company at their word??
You amaze me, I am going to call you the Amazing Ernie. They dumped on the existing long term investors and their is no guarantee they will not dump on the next set of investors if there are any. Are you insane, it does matter that they authorized the 400M, after they sell all of the new shares in their sharebank, they will do a reverse. The long term investors breakeven point will be astronomical. And anyone that buys in now when the float is at only 108M are not smart. Their breakeven point will be very high also. A good entry point for EuTo IMO is no entry point. Can you imagine how many investors it will take to keep the price at a penny when the other 392M find their way into the float. And what about their assets???? They have not closed on one deal? And how much of IVY do they own??

André
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