SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: Judith who wrote (5674)5/16/1998 12:31:00 AM
From: Jim Reome  Read Replies (2) | Respond to of 12043
 
Hi Judith:

I respect your post and would like to comment without trying to change your mind or being negative if you do not mind.

Fact 1. I do not believe Brad Intentionally lied direct to you. I do believe that he told you what he believed and that he found out later that things were not that way. That does not excuse what he told you and I can not make any excuse for that. I met Brad in Dec last year and everything he had said to me has been just that way thus far. I believe that the share issue was not known by those now at Euto until they completed their investigation of what went on.

Fact 2. No lawsuit has been filed and that is correct. I believe that Euto would prefer to settle this issue without the lengthy (years) litigation that would be necessary. I do believe Euto is making every attempt to settle this issue in the best interest of the company and its stockholders. I believe that their is much more than we know going on with this issue and it more than likely is not a simple task.

Fact 3. Do not believe this to be true or a fact.

Fact 4. Freedom is a deal. Redi-Form close, 2 more in very close negotiations and this is May. Don't know that they will get 6 but I have always said when you do a business plan don't be afraid to be aggressive with your goals. Year is not over so will have to wait on that one.

Fact 5. Santiago did not happen. This happens in business everyday with many business deals. When they don't work out move on to the next one and learn from the failures.

Since my visit in December I believe I have seen the effort to turn this company around. These things do not happen overnite and if you remember the days of all the hype and manipulation on the thread it would be very easy to see why a innocent investor would be upset. But I ask you this. Who is responsible for all the hype and manipulation, pump and dump. Some people question the credibility of Euto and Brad. I question the agenda's of some of people on the thread. Since Floyds return anyone looking at this company has to realize that they are making the effort and it has been showing up the last few months with more information on what they are doing with the business. Agree the price has not shown it, but I believe it will. When we get shares in these companies I believe that it will bring some more interest. This is not a bull story its true and want to tell you this. I was in a company in 1979 that spun off companies to its stockholders. I owned 2thou shares and the stock went to 32 bucks a share. Today it is one cent a share. I still own the 2thou shares. That was a long time ago and I have learned many a lesson but none more bitter than that one. The good part of story. They spun off 6 companies. First two no biggie, I made a few bucks. Then they spun off an oil company in Canada that eventually got bought out by Stampede. Anyway I sold that stock for 40thou bucks. I sold three others for a total of approximately 12thousand bucks. That is why I am interested in Euto.
That 50thou bucks is what got me into the market and retired today. I am not saying Euto will turn out this way. I do have a 2thou certificate to remind me of 64grand I could of realized but was to young and greedy back then. My loss but what a lesson.

Sorry I got off on that story but its true and wanted you to know that sometimes good things can happen and I believe Euto is worth the gamble. That is why I poured in 25grand of my money. I believe in what they are attempting to do and if they are 1/4 successful to my past experience I will be well rewarded. I do not think anyone should invest any money they can not afford to lose when it comes to a penny stock. But once yah have what is the purpose in slamming the company. People make mistakes both company and stockholders nobody is perfect and mistakes can be corrected and it takes a strong person to stand up to the mistakes and do something about them. I believe Floyd Wilkinson is working on the mistakes and has taken on the task of turning this thing around. Man should be retired and not having to go through the hassle. I admire him for it and I also believe he is a man of his word. His son is learning and I believe he is not dishonest.

Judith, I hope I have not offended you in anyway and absolutely had no intentions to do that. We are all stockholders looking for the same thing. A return on our investment. Some paid higher prices and it is a little difficult to even think of being patient when you are in a loss situation. I appreciate that and believe that the company is making the effort and that it is also apparent because from what I can see this company could of went out of business without the return of Floyd. I have said it before, I do not want to come across with ANYONE as a hyper or a know it all on this thread. I put in the time, make the calls when necessary, I do not demand anything from Euto and I treat the people their just way I want to be treated. I am comfortable with the answers I have got from Euto. They made some mistakes and I believe they are doing everything they can to prove to you and me that they will be in business for a long time to come and with the results that the company will increase its value.

Hope you have a nice weekend.

Jim.