To: Theo who wrote (2025 ) 12/2/1997 9:20:00 PM From: Binder Read Replies (5) | Respond to of 12043
I have owned EUTO stock since June, and have read this thread almost daily. I have refrained from making a post on this particular thread, and have chosen to read instead. However, I cannot refrain any longer. I remember a couple of posts a few months ago in which the topic of discussion was whether or not the members of the thread could account for enough shares to cover the float and trap a shorter. At that time the 50M was first mentioned, and while I cannot cite the post # without hours of going back thru this stuff, I believe it was said that Brad said those shares were in certificate form. Now they are not? Additionally, I don't think there is a snowball's chance that these companies will be forced to buy back these shares. At best, Eutro could get a judgement, which these days is just a piece of paper. These 4 entities, who have already provided us all with enough reason to doubt their credibility, (IF they have actually sold anything) can never be forced to buy them back. At best, they would have to pay Eutro a cash settlement, or a cash judgement to be determined by the court. There are a lot of unanswered questions here. 1) Who are these 4 entities? 2) What were the terms of the contract(s) these entities had with Eutro, 3) Exactly what were the violations of this contract? and 4) Did any third party, (i.e. insurance or bonding company) agree to indemnify in the event of default? These are answers that we will likely never be privy to. In my humble opinion, anyone who believes that these entities can be forced to buy back these shares should just go to their local mall, get in the Santa line, and climb on the old guy's knee cause it ain't gonna happen!! You should ask Santa for a good lawyer and a class action suit. Look at OXHP. They are doing it there. Just My Opinion Binder