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


To: James Bender who wrote (4085)2/22/1998 8:46:00 PM
From: Judith  Read Replies (1) | Respond to of 12043
 
James,

I have a few comments on your post.

!. Brad's request for some breathing room

Excuse me....but whose money is invested in this company? Since when are investor's told to give a company breathing room by the investor relation person?? How much breathing room do they need? When did they become aware of the 50 million share problem and how long did they keep it from us? How long has it been since the 30 day letter was sent? How much more breathing room do they need to retire the shares they announced months ago. How much more breathing room do they need to get a signed contract? How much more breathing room and time do they need to finish with Santiago Cigar? The internet is a reality that all companies have to deal with. If a company has nothing to hide, and is producing, then having investors discuss the company in depth is not a negative. All companies are dealing with this.

2. Brad said things are going well.

What does that mean? What is going well, the law suit, retiring shares, new contracts? It is all just words with no substance. This is typical for Brad..the eternal optimist with no results.

3. How to announce not getting back the 50 million

You present a very interesting question regarding how they would tell us and the impact on the stock. You last alternative is exactly what is happening. Therefore, one could conclude that the company knows it is not getting back the 50 million and that is why they are silent. The only problem is the company is making no progress to get on "solid footing", so who knows when they will ever announce the bad news.

4. Being back in the $.07 to $.10 range

I don't think it is a given that the stock will move to that level even if they manage to get a signed contract. Look at the amount of the last two contracts. They were so small, why would people jump back into this stock? Even if they get 6 contracts by the end of the year, which doesn't look likely based on their record, how much could even 6 contracts be worth? Not much with 50 million extra shares in the float. The reality is that the primary reason people jumped into this stock was the short squeeze. Without that, your average investor won't jump in again for maybe a $.04/share profit. Many of us have already lost enough with EUTO. Why buy more, just to lose that also? Many would like to get out and are just hoping the loss will be a little less.

5. "we will depart these prices soon"

What do you base this statement on? Based on what you reported of your conversation with Brad, there was not one fact that was stated, not one anticipated date or time frame, just more of the same "things are going well". I don't speak for anyone but myself, but vague statements and optimism about the future from EUTO management just isn't acceptable anymore.

These comments are not attacking you James. I know that you are trying to be positive. However, you have made money here, but my guess is that most people who bought in from September 1997 to now are losing big time. You could afford to be patient when you are investing profits. It isn't that easy when you are losing money and you see no reason to believe this stock will ever see above $.10 for a long time.

I really hope I am wrong. I would love to see the price go up and would be happier to post here that I was totally incorrect.

Judith



To: James Bender who wrote (4085)2/22/1998 10:46:00 PM
From: Tony D.  Respond to of 12043
 
I hear one after another comparing their business running experience with that of EUTO....If your company is private and not public then there is big difference.....Not only do they have to run the business they have to babysit us.

Sorry Jim, but for one thing I invested my money in a company and not a baby sitter. I also own or have owned stock in CPQ, MDCO, INVN, IOM, SCI, CREAF, MER, and MRK just to name a few and I never expected any of these companies to baby sit me and the rest of fellow investors. I expect them to make money. That's capitalism.

IF they can't get the 50 million back how do we want to be notified? With a press release for the world to know...so we can each run for the nearest door and crash the stock?

No, not a press release but they used poor business judgement in the deal to start with and then I just get the feeling that they were being very deceitfull with us. Maybe they just didn't have the guts to admit that they screwed up. Isn't it always somebody else's fault? This just gets back to the fact that if I screw up with my business, not only could my empolyees lose their jobs, but I could loose mine. You can feel sorry for all of those poor ole boys down at EUTO, but who feels sorry for you... your banker, your broker, your kids, your wife?

For those that are thinking what a dumbshit I am if I believe that line of crap...Welll who knows....I listened to those same words when things around EUTRO looked alot uglier than they ever could today.....and I made many many thousands of dollars doing it...

I don't think your a dumbshit...maybe gullibe, but not a dumbshit. If you made many thousands of dollars doing it<i/>, then my guess would be that you either bought in at the very early stages, or you "pumped and dumped". So you either have very good timming or your a hypster getting rich in an unlawful manner. By the way, why do you keep on pushing the average down theory? I'll sit on my shares for now because they are not worth my time or energy to work with, but brad is not going to see one more 1/64 of cent from me.

Tony D.

God, my spelling is horrific.......



To: James Bender who wrote (4085)2/23/1998 12:59:00 AM
From: stockid  Read Replies (1) | Respond to of 12043
 
At this time EUTO even though public they are not reporting. If and when they become reporting they will have to tell us (shareholders) the status on those 50 million shares. If it hurts the share price so be it. The issue is to important not to have news one way or another.

If and when they become reporting, I as a shareholder will demand that this question be answered. Why would they have to answer? Every company which considers themselves legitimate and an entity for public capital has to keep said investors informed of relevant issues to their companies stock price. Can anyone think of a more relevant issue in the future of this company. Or an issue that would effect the stock prices up or downward movement.

I have a friend who is becoming a good friend as time passes...who works for a top three investment/broker firm. Once Euto becomes reporting....I hope to have the bases for a plan of action for the shareholders of EUTRO to demand for the truth in the 50 million debacle.....if it has not been settled by the date in question.

If the question is not answered...we as shareholders and from past accounts major shareholders in this company have the right and the power to oust Sr. administration.

This is only a thought...but it is possible and rationale. I will call the transfer agent tomorrow to find out the current float number.
I think it is fair to expect that the preferred shares and company shares should be all retired by now.

SK



To: James Bender who wrote (4085)2/23/1998 8:08:00 AM
From: BlackStar  Respond to of 12043
 
Hear, hear...