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


To: Robert Rice who wrote (7809)10/5/1998 10:08:00 PM
From: Playin my Cards  Read Replies (1) | Respond to of 12043
 
RETAINED EARNINGS (7,871,555.93) (7,310,996.89)

Can any of you CFO wannabes out there tell me the significance of this number? Does this mean they can offset the next 7.8 Million in earnings and not pay taxes on it? That alone is worth about 2.5 Million in the bank is it not (provided the make a profit of course)?