To: thomas odonoghue who wrote (5302 ) 4/28/1998 4:58:00 PM From: Martin Evans Read Replies (1) | Respond to
I just spoke with Brad and have some comments to make about our conversation. First, Brad confirmed what Robert said about more news to be released in addition to the announcement we had today. Second, the news today indicated that Bio is turning a profit. Brad suggested that this could beginning of a trend, meaning that Mack Hunter is having success with his cost cutting measures and increased sales. Bio hired a marketing director when they brought Mack Hunter aboard. This is significant news, and I'm surprised that there has not been more of a reaction to it. Corporate Imaging was hired by Eutro to help get them more exposure in the financial community, ie. brokers etc. They are in negotiations with two more clients, one of which they are near the final stages. Power Plus is being marketed through Eutro on consignment. They were provided the opportunity when another company cancelled an order from the manufacturer. As sales increase, Eutro will utilize web search engines to increase the exposure of the product. Currently no search engines are being used, so the only exposure the product has is from visitors to its web site, consisting mostly of investors and potential investors. Distributions of preferred dividends hopefully will occur within a few weeks. Eutro had a problem with too many of the W-9 forms being returned to them because of wrong addresses. This was occurring because they were being sent out using the transfer agent's shareholder information which may not have been current. Eutro has received many calls from investors in regards to the W-9 after getting the newsletter, so once they get most of the forms filled out, they can proceed with the distributions. They are also trying to get Freedom's shares distributed as soon as possible, so that shareholders have proof, rather than just the promise that Eutro intends to distribute shares from each of their clients. This also is dependant on their receiving the W-9's. No news yet on the 50 million shares. Hopefully, I haven't left out anything. If I have, I'll post it also. Best wishes to all!
