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Microcap & Penny Stocks : EUTRO INVESTMENT GROUP EUTO (LONGS) -- Ignore unavailable to you. Want to Upgrade?

To: taz man who wrote (1364)	3/7/1998 11:18:00 AM
From: SnakeCharmer	Read Replies (1) \| Respond to of 1667

Where's the bottom? Remember when this stock was selling for .13? S~

To: taz man who wrote (1364)	3/7/1998 7:36:00 PM
From: Fred Seitel	Read Replies (2) \| Respond to of 1667

Tazman, you said: "I understood they sold shares into the float to be able to give the preferred share holders their divedend which comes up pretty soon." Where did you hear that? As I recall from reading the preferred share conversion offer, the dividends on the preferred shares accrue but EUTO management has the discretion to defer paying them. I would expect EUTO to defer as long as possible based on what I think their financial shape is. If EUTO were to go out of business, the preferred shareholders would have first right to have their dividends paid at that time, if I understand the process correctly. Of course, I could be wrong. . . - Fred