Another question for the EUTO believers...
According to the only financial information EUTO has provided, the 10/5/98 news release, the company had a total liability of $136,554 as of 7/31/98.
Since December, the outstanding shares have increased by at least 40,000,000. At the minimum of $.01 a share, that would mean the company has gotten $400,000. Increase that to $.015 and it totals $600,000.
So what is the extra money being used for????????
Also, still unanswered, why would a company want to take over a non-reporting shell? What compensation is EUTO receiving from IVY to give them the shell?
Judith
Judith |
