To: Playin my Cards who wrote (748 ) 12/30/1997 10:54:00 AM From: Ricstar Read Replies (1) | Respond to of 1667
Mike - thanks for the offer. Just a couple of questions I would like to ask management: 1. Since bringing other companies public now seems to be their core business, what does management project the opportunites to be like in this area. (How many companies do they perceive as going public in a given year and what percentage of those companies are likely to retain the services of EUTRO?) 2. What is the profile of the type of company that EUTRO is going after and what is the competition like in this area? I assume that EUTRO is going after the smaller companies, but is there significant competition in this area? 3. How large is EUTRO's workforce and how do they intend to go about "tracking down" companies that want to go public? Essentially, what is their game plan for increasing the number of companies they can take public. 4. It is my understanding that shares of the companies that EUTRO has taken public will be distributed to the shareholders. While I certainly have no objection to receiving such shares, my only concern is why a company that is presumably attempting to grow and is in it for the long run would want to distribute assests at this point. Unless there is some legal requirement that the shares have to be distributed, it would seem more purdent to use the shares, which I assume are assets, to better the company. Since the shares of EUTRO are trading at less than .05 a share, it concerns me that the compnay would consider distributing anything to the shareholders at this point. 5. In the same light as #4, it is also my understanding that management intends to distribute dividends to preferred shareholders. Again, why is a company whose stock trades at less that .05 a share distributing assets to its shareholders. Wouldn't that money be better used in keeping the company afloat? Again, I appreciate your overall energy and efforts in meeting with EUTRO management. Let's hope this one take off in the upward direction!