This isn't my post but I tend to agree with it.
I've been going over the events of the last year.
Floyd returned to the company he founded, at the brink of collapse, and began to try and save it. He retired a huge long term debt, brought two companies through the IPO process, distributed shares of these companies, is working with a third company as we speak. Share price doesn't move because investors don't believe in the company enough to put in market orders in lieu of limit orders.
They pay an accountant to put out balance sheet and investors pick it apart, complain its not audited, and say there's no cash or hard assets. Also have no patience with the length of IPO process and even speculate there is no IPO's coming and it's all a scam. Give me a break!
So Eutro gets the share authorization raised to obtain revenue producing and hard assets. How does the investor respond to this? They dump their holdings and hang around the message boards trashing the company like spoiled little children.
Penny stocks are a risk and the behavior of the investors of this one boggles my mind. Miss quoting the float by 392 million shares, carping at each other endlessly, liabling the company and individuals with some of the most childish remarks I've ever seen, and just generally being assholes.
JMO, Gene
PS, Have a Merry Christmas and a Happy New Year.
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