To: bRiAn who wrote (8028 ) 10/8/1998 12:31:00 AM From: Binder Read Replies (4) | Respond to
I haven't the foggiest idea whether or not the price of this stock will go higher or not. I have what I consider to be some legitimate questions about the stock, and I will try not to ask them in a negative tone, because I don't want anyone to think that I am 'bashing' the stock. However, I do feel they are legitimate questions that I hope someone can answer... Where did the money come from to reduce the long term loans from $1,357,712.63 to $50,000? (Am I missing this and it is somehow shown here?) The Preffered share exchange. The shares were retired and reissued. The proceeds paid off most of EUTRO's long term debt. EUTRO has plans to further shrink the float beyond share resolution. However at the time all this wen down EUTRO was buried in debt and this was the best way the thought to retire it." Robert's answer was based on his conversation to Brad. WHY other shares? And more importantly, how do they plan on reducing the float? Is a reverse split just a matter of time?broad range financial services company. Are they going to be a brokerage house? They obviously do not have the assets to be a commercial lender. Are they planning on providing mortgage services , (such as information services and underwriting of mortgages) for other lenders? Or does "broad range financial services" include personal portfolio management, life insurance, etc.? I would think that since one of the principals in the finance division has such a strong brokerage background, that may be the case. With this new addition, Eutro will quickly become a full service financial site for private and public companies. MAY who is actually manipulating this stock. (Heck, it has already been changed once this week, so what the heck)
