Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: bRiAn who wrote (7779)	10/5/1998 6:30:00 PM
From: brett maverick	Read Replies (3) \| Respond to of 12043

bRiAn...KEY SENTENCE...They put it in a press release, so they have to stand behind it.

To: bRiAn who wrote (7779)	10/5/1998 6:34:00 PM
From: jkbailey	Respond to of 12043

Relax bRiAn!! You'll get your chance to "Rain on the parade" soon enough. Although I think it will fall on deaf ears now based on what we've seen today! No offence, I just think you might want to kick back and watch all of the good that will come from this announcement and realize that the company wouldn't put themselves too far out on a limb based on past experiences. Now how about that for a run on sentence! LMAO John

To: bRiAn who wrote (7779)	10/5/1998 9:30:00 PM
From: Jim Reome	Read Replies (1) \| Respond to of 12043

bRiAn, JUPITER, Fla.--(BUSINESS WIRE)--Sept. 14, 1998--Eutro Group Holding, Inc. (OTC BB:EUTO - news) is pleased to announce that on September 2, 1998, it retained the services of Raul E. Balsera, P.A., a firm of CPA's specializing in the auditing of company accounting records and their preparation for submittal to regulatory agencies. The intent is to initiate the necessary procedure for Eutro to meet the new requirements imposed by the OTC Bulletin Board, which stipulates that all its listed companies are to have reporting status and file regularly with the SEC. Read this release again Brian. Companies do not hire CPA's to fudge figures and CPA's reputations are more on the line than anytime in many years in putting together financials. Euto goes the UNAUDITED root for a few reasons. Keeps cost down for now and they are not in a borrowing mode where banks require Audited statements. When they are ready to become a reporting company you will get them audited. I worked with a company that did UNAUDITED for years so it is not uncommon. Buy on rumor sell on news. Good luck with your investments. Euto's news is not done, watch and see. It has a ways to go. Share issue will be resolved and updated and I am betting in stockholders favor. We will have more announcements coming and they will continue to interest investors and stockholders alike. Do what you have to do, that is what everyone should do. I think the company is making every attempt to regain investor confidence and for that we should be estatic. Regards to all.