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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (11973)11/15/1999 10:23:00 AM
From: Tomstocks  Read Replies (2) | Respond to of 12043
 
Eutro Announces Completion ofMerger

<Picture: Predict the DOW - Win a Million! Click Here!>November 15, 1999 09:24 AM Eastern Time

JUPITER, Fla.--(BUSINESS WIRE)--Nov. 15, 1999--Eutro Group Holding Inc. EUTOE announced today that the merger with Ivy Entertainment.com has been completed.

The name has been changed to Strategic Alliance Group Inc. which was approved by shareholders in August of this year. The Resignations of all Eutro board members were sent express mail Nov. 11, 1999 to the Florida Ssecretary of State as well as the appointment of the new board.

The new symbol will be applied for in the coming weeks by the new management.

Floyd Wilkenson stated: "This is what our shareholders wanted and we were fianlly able to deliver. It was a pleasure serving the shareholders and offer my best to them and Ivy."

The new contact for the company will be Steve Bazsuly, Vanguard Communications Inc. (Steveb@e-pawninc.com)

The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this Press Release (as well as information included in oral statements or other written statements made or to be made) contains statements that are forward looking, such as those relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward looking statements.

CONTACT: Vanguard Communications Inc., Coral Springs, Fla. Steve Bazsuly, 954/227-5927 Steveb@e-pawninc.com