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: Bob Lium who wrote (9523)	12/17/1998 10:12:00 PM
From: Robert Rice	Read Replies (2) \| Respond to of 12043

So basically he claims EUTRO let this whole scenario come to pass as a way to buy stock cheap...I assume that would then lead to a price appreciation in the near future ? Ive heard this scenario several times over the last week. Someone is buying a lot of shares or we 'd be subpenny....I guess the question is who benifits ? Is Eutro buying ? Are MM's buying ? Are the "4" entities buying...? Is this all conspricy 101 .....? I have no clue

To: Bob Lium who wrote (9523)	12/22/1998 6:24:00 PM
From: Bob Lium	Respond to of 12043

I THINK THERE ARE SOME SEROUS ISSUES TO BE LOOKED HERE,READ THIS POST I WAS E-MAILED.------------------------------------------------------Dear Bob, That last e-mail you sent regarding whether Eutro had the legal right to "vote" up a shares increase was really interesting. One question came to mind: if those 'lost' 50 million Eutro shares were tied up in a legal dispute, would the people who held those shares have the right to vote? Wouldn't Eutro be able to legally block whoever held those shares from voting? Most important, if Eutro were looking out for the best interests of all the other shareholders, wouldn't they have at least notified us of an impending vote? Where is the legality in an election where a significant number of potential voters aren't properly informed? I'm beginning to doubt whether those disputed 50 million shares were ever really out of Eutro Management's control. I think the SEC will take a strong interest in Eutro's press releases regarding those shares. 17 years of working for the government taught me one thing: government officials might not investigate too hard, but when an easy one falls in their lap, they usually jump all over it. This one is looking easier all the time. I hope the Brad-and-Floyd Show bought those plane tickets to the Bahamas. Merry Christmas! Sincerely, Dave