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

To: Robert Rice who wrote (5709)	5/17/1998 4:09:00 PM
From: taz man	Read Replies (1) \| Respond to of 12043

Robert: I think both you and Bender have valid points here. The big issue that has loomed over this whole board which Allen brought up is the FACT that Eutro has LIED about a lot of things. CREDIBILITY is the issue. CREDIBILITY They are Blowing smoke up everyones ass about this 50 million share issue and thats that. Their are no 4 big companies out there they are sueing, the stock is at 3 cents for this reason. When this is all sorted out the float will be about 95 mil.,,period. NOTHING is gonna change this. The calvary isnt going to come over the hill and "magically" drop this float 20 or 30 million . Their is no Santa Clause either. ---------------------------------------------------------------------- Now, they could be successful in the future, and they appear to be doing this right now. But it is gonna take time and a complete turnaround here. First, They are gonna have to "come clean " and tell the whole truth about how they have lied to everyone, or as far as I am concerned , you simply cant take ANYTHING the company says to be honest and for real. As Allen mentioned, they are probably worth 3 cents with little downside risk. But the big issue is still their CREDIBILITY, so I got all the shares I can stomach for now. Brad, Floyd, the truth will set you free. Cough it up and we can all go on from that point. Fool me once, shame on you , fool me twice, shame on ME>

To: Robert Rice who wrote (5709)	5/17/1998 6:10:00 PM
From: Whitetigr	Read Replies (2) \| Respond to of 12043

Hey, I was answering your letter towards me and taking you up on your bluff to show me mathamatically how Eutro is grossly undervalued. When you leave me a post like you did you should expect to be able to explain yourself. You go on to post and make statements without being able to back them up. Lets say that audit is still current and correct for assets and assume that there is no liabilities outstanding against assets other than shareholders equity. <I know we're stretching things there> That only brings us to 2.2Mil. We're still under the approx 3Mil valuation at .03 a share. Don't even think of including those contracts that Eutro has until they are paid on them. They won't be able to sell them off to anyone like they may accounts rcvbl or bad debts. We already know about the cigar company. Even you used the contracts you can't use the full value amount since that will include expenses and stock to be distributed to shareholders. Your .15-.18 is not value. It's a wishfull number that you would like to see this hit. You stated undervalued and from the info we have at this time it's not. Oh, maybe you're right maybe .03 x 94000000.= grossly under 2.2Mil. when I do it I get 2.82Mil. Now this is discussing it like a reasonable person that took you up on your offer and let the HOT air out of your balloon. And next time you want to start flaming someone expect to be able to reasonably defend your position