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

To: Novice Bob who wrote (827)	11/1/1997 9:09:00 PM
From: Kurt N	Respond to of 12043

Actually I think the company could have more money (or use less shares instead of the 50 million) if they bought back the 50,000,000 and made sure they were certificated. If the shares aren't already certificated, doing so will help the short-squeeze. When the price hits $1, the company can sell 300,000 shares, retire 49,700,000 shares, and still have more money. 50,000,000 sharea at $.0035 = $175,000 1,750,000 shares at $.10 = $175,000 175,000 shares at $1.00 = $175,000 87,500 shares at $2.00 = $175,000 .... I think they should wait, until all the other cert requests/share retirement have been processed. I see this is as a gigantic time bomb exploding on the shorters. I'm willing to wait a couple more months (if needed) for this to happen. Kurt

To: Novice Bob who wrote (827)	11/1/1997 9:52:00 PM
From: Alan Markoff	Read Replies (1) \| Respond to of 12043

Robert; I agree and I touched on that same point on a previous post. First Eutro has to get the TA to retire the shares mentioned in the news wires. But I must admit the TA is acting awful strange. Why the delay in retiring the shares it only leads you to think that maybe they are just out of shares. (remember most of the shares came from the DTC they weren't in certificate form hence they are still on DTC books until they exchange the shares from common to preferred and warrants) But even if they are running out of shares it doesn't effect the shorts for the mere reason that the shares are still on the DTC books, since the TA has failed to process them. It seems like the strategy is to process shareholders certs; first and delay on the shares that are supposed to be retired and removed. In the mean time hoping that some shareholders that get there certificates will send them to their brokers thus going back into the float relieving the pressure on them. Of course this is my opinion and my thoughts on this, and I don't think Eutro is going to sit on there butts on this issue I feel strongly that they will take immediate action to get those shares retired remember the whole purpose of this was to reduce the float so any news would have a positive effect simple supply and demand. Why release any news now without those shares being retired the float effectively right now is around 35 million less 12 million with certificates in hand that leaves 23 million for shorters to play with. I am sure the number is much lower for I will bet there are allot more shareholders calling for their certificates then that's on the list so in effect we could be looking at 19 Million left now if they try to retire the approx; 23 Million they have a problem 19 Million minus 23 Million becomes a minus. IT'S BARBECUE TIME. Again my thoughts only

To: Novice Bob who wrote (827)	11/1/1997 10:56:00 PM
From: Doug Gallian	Read Replies (1) \| Respond to of 12043

Bob, < why would EUTO be in a hurry to use their $$$ to buy back these shares ahead of any expiration on their option to buy back these shares. Why buy something today you can buy tomorrow at the same price, why not wait and use the cash for something more productive.> The answer is easy, to protect our interests. Contract or not, how do we know these 50 million wouldn't be sold if the price goes up? I will sleep alot better when I have confirmation that Eutro OWNS those 50 million shares!!! Doug