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


To: Coral4pH_dot_com who wrote (2005)12/2/1997 3:03:00 PM
From: Deeber  Read Replies (1) | Respond to of 12043
 
Letters were sent out yesterday, so I would expect some response from the 4 companies in a couple weeks, I would expect some delays though as the companies figure out what they can do and basically try to stall. It may not happen in 30 days, so people cannot sit here and say if this does not fly by Jan. 1 then I am selling. It may take longer. Eutro is dead set on getting back the 50M shares, period. The lawyers were apparently very eager to undertake this because it is clear that Eutro is right here. It is just a matter of when the shares will get repurchased. They have to do it. The companies are not dinky little companies either, they have plenty of money.

I know some people are selling though, in fear that this may not work out for the best, this is expected. There are some fairly large blocks being sold. After talking to the company, I am not selling. Period. Once these 50M are brought back, all heck will break loose and you will see where EUTO should be. Period. Nobody expects the company to get the letters and say, "oops, my fault, let me place a market order for 50M shares." Not gonna happen that way obviously, but it WILL. A contract was signed. PERIOD. Eutro WILL get back the 50M shares and when they do, people selling will be very sorry.

Just my .0875 worth.

Ryan



To: Coral4pH_dot_com who wrote (2005)12/2/1997 3:14:00 PM
From: ALL IN PAUL  Read Replies (3) | Respond to of 12043
 
Dean,
I called Brad today. He told me that their lawyer "sent the demand letter yesterday".

For those that asked, I verified that Eutro insider's own approx. 10M shares.

Finally, Brad indicated that the TA has been slow to respond but he felt this was expected given the large amount of recent activity surrounding Eutro's stock.

Laron P.