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

To: Craig Rodkin who wrote (857)	11/3/1997 1:53:00 PM
From: Coral4pH_dot_com	Read Replies (1) \| Respond to of 12043

In my FarSight account, my XXX,XXX shares were transferred out on 10/23/97. It is now 11/03/97 and I have not received my shares in the mail. Is this unusual. I heard 3-5 days once the broker transfers them out. Lets hope Eutro is ACTIVELY pursuing this TA garbage (filing complaints at a minimum...)

To: Craig Rodkin who wrote (857)	11/3/1997 4:05:00 PM
From: Whitetigr	Read Replies (2) \| Respond to of 12043

Craig, here's my understanding of it, 100,000,000 shares available to be issued <as less actually have been issued> -50,000,000 shares held by 4 companies ------------- 50,000,000 available -19,000,000 shares sent for retirment and exchange for preferred ------------- stock per news release 9/4/97 31,000,000 -12,000,000 shares converted by officers, directors, and employees ------------ per news release 10/1/97 19,000,000 - 2,500,000 more shares common from shareholders have been sent for ------------ processing for preferred shares also in release 10/1/97 16,500,000 available common shares available to be used and or issued -21,000,000 called in for certs ------------ -4,500,000 certificates short just on what we know about ok, so the issued shares I stated higher than there are and the calls for certs a bit low as these are approx and I was adding extra in on the MM's benefit if the TA actually has retired and processed <sent to the DTC> 25 mil 100,000,000 charter -50,000,000 4 companies ------------ 50,000,000 available -25,000,000 <TA suposedly retired> ------------ 25,000,000 -21,000,000 requested in cert form ------------ 4,000,000 -8,500,000 still not retired <from news releases> ------------ -4,500,000 they would be in the hole + anything we don't know about+ there are all those shares out there without certs requested on. In other words the MM's need Millions to cover the certs called alone and we have no idea how many others may still be out there. This would leave them with no certificated shares to be able to trade on so they would need more than this. How do they buy only certificated shares when they try to buy back...... So they will have to buy back much more. Who really knows, they may have sold short 10's of millions. That could explain why the TA has stopped where they have. This is my understanding and opinion Whitetigr