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

To: I Am John Galt who wrote (2038)	12/2/1997 10:06:00 PM
From: Greg Wilder	Respond to of 12043

I wouldnt mind if EUTO took a small dip in price for a few days; I'd like to pick a few more thousand shares, before the next BIG run.

To: I Am John Galt who wrote (2038)	12/2/1997 10:25:00 PM
From: Theo	Respond to of 12043

Matty, ~~"1)The company will be awarded the cash amount that the sold shares into the public are worth now. 2)The company will then proceed to buy back those shares."~~ Not sure how that would work. Why would EUTO agree to current prices of ALL shares? When they go in to buy back, the price is gonna up, up, and up! There is no way Euto could establish a predetermined price because of the price appreciation as the float is reduced. Better still, EUTO goes in and buys the 50 mil for whatever amount it costs, then hands those companies the bill!<g> Theo

To: I Am John Galt who wrote (2038)	12/2/1997 11:38:00 PM
From: Lurker	Read Replies (1) \| Respond to of 12043

This is what I think is going to happen. 1)The company will be awarded the cash amount that the sold shares into the public are worth now. 2)The company will then proceed to buy back those shares. 3)They retire the 50 million, as promised. ------------------------------------------------------------- If the case goes to court, #1 is a likely result. However, I don't think #2 is possible. If Eutro has to buy 20 million shares, the price will skyrocket. Therefore, they won't be able to buy all 50 million shares. That is, unless they can convince the judge to award them enough money to buy back all of the shares, regardless of the cost. Eutro would probably need to show that retiring the shares are important to the conduct of their business. In any event, it is going to be a long, rocky road. However, once Eutro files a suit, the names of the 4 companies will be a matter of public record. It would be a blast if one of the companies was in the midwest. Picketting and handing out flyers would be fun. Mike