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


To: Novice Bob who wrote (4852)3/29/1998 1:33:00 PM
From: RBM  Respond to of 12043
 
For Entertainment Purposes only:

Monday March 30, 8:15 am Eastern Time

Company Press Release

SOURCE: Eutro Group Holding, Inc.

Eutro Group Holding, Inc. reports 4 companies scrambling to cover illegal selling of shares.

JUPITER, Fla., March 30 /PRNewswire/ -- Eutro Group Holding, Inc. (OTC Bulletin Board: EUTO - news)

It comes with great pleasure that Eutro Group Holding, Inc. is announcing that the 4 companies that screwed with your money are now seeing things our way. Reportedly all 50 million were sold between .07 and .27. Now, with the help of outside counsel, all companies have agreed to buy the shares back in the open market between April 2, 1998 and May 31, 1998.

In effect Eutro believes this single step will elevate the stock to new heights and allow the shareholders, who have been beat down for many months, to get a little payback.

A quote from a source close to Eutro's shareholders, Alan Markoff, stated the following.... "Its about time we got this thing headed to PLUTO." Another quote coming from the companies CEO, Floyd Wilkenson, "Well, we just couldn't wait to let the cat out of the bag, but now we have a signed settlement as these companies don't want to be taken to court over such a scandalous offense." Brad Wilkenson, VP for Eutro, further commented that, "Even though the buyback is slated for a 2 month time frame, it could take longer." One final comment from a shareholder who posts on the wildly famous Silicon Investor, James Bender, was quoted as saying, "what in the xxxx do you mean it could take longer then 2 months?"

Source: Rob's boring Sunday afternoon :-)



To: Novice Bob who wrote (4852)3/29/1998 1:40:00 PM
From: Mufasa  Read Replies (2) | Respond to of 12043
 
LOL...Your steak and A-1 sauce analogy is an imaginative one, but I feel a very good point that has gotten lost in the share resolution shuffle. You are right...if the lawyers say the situation is resolvable, then that is why they are paying them...to let them do their job. However, their lawyers cannot go get them contracts or introduce new BIO products. If management does what they say they are doing, then the value of the stock will continue to increase regardless of the size of the float(which we are not sure exactly what that is). This stock did go to .27 with an even higher "float" in Sept. before the preferred shares were exchanged, so anything is possible. Like you, I hope we get some great news soon and lots more in the months to come. Everyone here certainly deserves that. Regards...
Mufasa