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


To: James Bender who wrote (9433)12/14/1998 4:08:00 PM
From: Porter  Read Replies (2) | Respond to of 12043
 
I have delt with this Co. on other issues and in their defense they played strait. I was told fairly recently that they intended to buy back shares and lower the count to help increase share value so I feel deceived like the others. On the other hand I am in business and know things change so a solid plan and statement of intended share use would at least get me interested enough to call the Co. for more info. and possibly hold what I currently own.

JP



To: James Bender who wrote (9433)12/14/1998 4:57:00 PM
From: Binder  Read Replies (1) | Respond to of 12043
 
Jim,
I can't speak for Porter, but, in my opinion, there are a couple of things the company could do to at least try to restore investor confidence.

First and foremost, they need to get rid of that buffoon they try to pass off as IR. Since nepotism is part of what makes this country so great, I guess that is never going to happen.

So, since that idea is nixed, maybe a little truth would help. For starters, don't tell people (for years)you want to reduce your float and then authorize half a billion shares. Also, don't try to make yourself out to be the good guy by posting this "news" on your website, several hours after it is common knowledge on the internet.

Another thing they could do would be to actually be able to prove that what they are saying in their news releases is true. When one's credibility is damaged as severely as Eutro has damaged their own, they will have to go thru a period of time where they should expect folks to doubt all they say, and be ready to back up their "news" with tangible evidence.

All of this, of course, would be under the assumption that Eutro actually cares about their reputation and credibility. In my opinion, THAT is the problem. I think they could care less, and they are just waiting on the next round of suckers to get those P.C.'s for Christmas, and they'll do it all again next year.

The sad part is that they get so much assistance in all of this by folks who come online talking about a future stock price of $1+, and a Nasdaq listing, Euto to Pluto, duck killing, blah blah..., you know, the things that never seem to materialize.

Just my opinion,
Binder