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


To: Pagan who wrote (9741)12/29/1998 12:40:00 PM
From: Robert Rice  Read Replies (1) | Respond to of 12043
 
Several people have asked me to comment on EUTRO's current situation so here goes,

1. The shares have not been leaked into the float. So the float has remained pretty constant.

2. EUTROs current price is close to its annual earnings.

3. EUTROS SI board continues to have very harsh atmosphere as it has for months so it chases away new money. It still makes me wonder about the volume , level and negative tone of posters who claim to be looking out for our best interests. I think folks got it that you hate EUTRO about 5,000 posts ago.

4.Until EUTRO brings a company public they will remain at these penny levels IMO.From my conversation with Freedom, rediform, cypro things are all a go and the are happy with eutro.

5. Still here waiting to see how things wash out havent sold any yet ...:)

6 The entities who owe eutro stock love all of this.

7.EUTRO is a penny stock. As such only risk capital should be used to purchase it. You must understand that the high risk/rewards that come with these start up companies. IMO there is no downside at this point. There are tons of sub pennies that have no office income and a FLOAT that is 500 mill or more that trade in this range. So as I see it you may think EUTRO is a scam but Reddi form , Cypro and Freedom do not....that is much more important at this point.



To: Pagan who wrote (9741)12/29/1998 12:50:00 PM
From: Binder  Read Replies (2) | Respond to of 12043
 
Funny how I just don't believe them anymore. Their track record of truth just isn't that great, so I don't understand why any reasonable thinking person would believe them now either.

Screw me once, shame on you. Screw me twice, shame on me.

Binder



To: Pagan who wrote (9741)12/29/1998 6:08:00 PM
From: Lurker  Read Replies (2) | Respond to of 12043
 
<<9. We will continue to diligently try to improve the operations of Eutro Group Holding, Inc. Eutro management knows of no valid reason why its stock is trading at its current price. >>

Why should it trade higher than .008?

July 1997 December 1998

Price .008 .008

Assets BIO IVY

Float 33,000,000 108,000,000

Authorized shares 100,000,000 500,000,000

Number of companies zero zero
brought public

Market cap $264,000 $864,000

With the lack of any progress by the comapny in the last 18 months, why should the price of EUTO be any higher?

Would you pay $864,000 for this company?

The company has lacked any progress.

EUTO has traded a profitable, reliable BIO for a speculative IVY.

In fact, since the price of the stock was .0003, the only change has been a tripling of the perceived float. Therefore, to be accurate, the stock should be trading at (and sink to) .0003/3 = .0001.

Even at that market cap ($108,000), would you buy EUTO?

Lurker