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

To: Andre Daedone who wrote (9729)	12/27/1998 9:14:00 AM
From: BlackStar	Respond to of 12043

Andre, You have been a long term investor in Eutro, and I have always regarded your opinion as your own. This means that I respect your current position. I don't agree with it, but I respect it. I really hope you find the answers you are looking for. Please remember this. With the above in mind I have a few comments... Eutros obligation is to grow the business in a way that ensures long term survival. To sustain their business they have to buy or create something with a value and then sell it or trade it for something with a greater value. Being in the securities business they have to predict the future value of their current assets. That mark up is what makes Eutro grow (or not). The plan, as I understand it, was to IPO companies and receive a part of the payment in securities from the IPO:ing company. Over time that would create a hopefully substantial increasing asset base. A year or more has passed and we're still waiting for the first IPO to happen. It doesn't look like that will happen this year. So the basic mechanism for building an asset base in Eutro has proven too slow. I believe it when Eutro says that they act in the investors best interest. You got to remember that they might not talk about us that trades their stock on the BB. They are most certainly prioritizing the wishes of investors that have actually made a direct difference to the company. I do believe it is a big difference in Eutros eyes between sinking $100.000 in common stock in the open market, and going directly to the company to buy or trade for assets restricted stock in the same amount. Our trading on the open market doesn't mean a whole lot to Eutro right now. It probably is more of a nuisance since they have to deal with a lot of 'low grade' investors with no idea of how the market works. Especially since no institutional investors will touch them openly as long as they are on the BB. So I believe Eutro when they say they are aiming for the big board. They absolutely have to become listed there for credibility and for long term survival. The price in dollars and lost confidence is almost not an issue, IMO. What leaves to be proven is their actual desire for long term survival... Eutro has managed to put some value into the company over the past year. The issue is not currently whether they will survive as much as how long it will take them to reach their next goal. I believe that, barring total failure, we will see Eutro move off the BB within two years time. It will probably be a good idea to not be invested during that entire period (and beyond). Now on to your post. When they were releasing good news investors were buying but the price wasn't going anywhere. The recent developments in price (pre auth) depends on a complex set of events and actions. - I am sure the company that settled for a buy back of shares in the open market had an interest in keeping share price down. I would be surprised if they didn't use whatever influence they had to initiate above average shorting leading up to their buy in date. More so if they had prior knowledge about the raising of the Max Auth. With a little help a selling panic could happen... - The timely, and likely of insubstantial effect, appearance of systematic negative discussion on this board. - And probably other factors, unknown or forgotten by me at this point. And again, I say, they were able to sell 8 million shares before anyone found out. Restricted shares paying for 25% of IVY. Not currently float bound so these shares have not directly been responsible for the added selling pressure. They might have been shorted against but that is speculation. C'mon! Get with the program. I never will, I have my own program. The share price isn't going up, [...] Not right now it isn't. I would guess at stabilisation in January and a total sell out by March if Eutro fails to produce acquisitions. But even then I would not expect a price at zero since part of the then issued shares would be held solid by any acquired entities. [...] I am out for justice. I do believe the actions of the current Eutro management to be lawful and within existing regulations. So you probably don't want justice - you want 'fairness', which is another matter. I would also, of course, like to have compensation for any depreciation but I don't expect nor demand it. Prices go up and they go down. I hope you get some official feedback on the letters you have sent. I would also kindly ask you to share any such response with us. I for one would very much like to know the official reaction to the recent events. You think about it before you invest anymore hard earned money in a company that has proven at least deceptive in its goals. I think about it all the time since I don't want to loose money investing in anything. I am pretty sure the company is not deceptive in its goals but may well be in its ways... I hope you find what you are looking for.