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Microcap & Penny Stocks : Eutro ( EUTO )
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To: James Bender who wrote (10333)2/21/1999 2:30:00 AM
From: Fred Seitel  Read Replies (1) of 12043
 
All: I would like to hear this good news about EUTO:

that EUTO filed Form 10 or Form 10SB with the SEC as the first step in meeting the Eligibility Requirements to stay listed on the OTCBB system. If EUTO doesn't take that step, then by this time next year, EUTO will no longer be quoted on the OTCBB (unless there is a change in the Phase-In Schedule).

Any plans for a reverse split and listing on the NASDAQ are premature. EUTO first needs to meet the requirements to stay listed on the OTCBB system. (The requirements are less demanding than for the NASDAQ.)

For those of you who don't know what I'm talking about, this link is a FAQ regarding the OTCBB Eligibility Rule:

otcbb.com

This link provides the phase-in schedule:

otcbb.com

- Fred
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