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

To: Robert Rice who wrote (9742)	12/29/1998 1:23:00 PM
From: Binder	Read Replies (1) \| Respond to of 12043

1. The shares have not been leaked into the float. So the float has remained pretty constant. Not exactly correct. The float went from 97M to 108M before anyone here ever even realized they increased the number of authorized. I'll admit, 11M is not a whole lot compared to 500M, but they were ALREADY putting these shares out, before they ever got caught with their hands in the cookie jar. 2. EUTROs current price is close to its annual earnings. Considering that BOTH are next to nothing, there is not much comfort in that. 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. Well, Robert, all I can say to that is that when people get screwed out of their money they are usually likely to complain. I don't hate Eutro, but I do hate what they have repeatedly done to their own shareholders, and will continue to speak out against it because it is simply not right. 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. Let's hope so, but until that happens, again, there is nada. They have said all year long that this would happen by the end of the year. They have about two days left, weirder things hsve happened with this company. 5. Still here waiting to see how things wash out havent sold any yet ...:) That is certainly your perrogative, and I wish you the best. 6 The entities who owe eutro stock love all of this. Agreed. They should thank EUTO for making this so easy for them, even if it was at the expense of the shareholders. 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. The label "penny stock" is NOT a license to steal from shareholders. If Reddiform, Freedom, and Cypro are pleased with Euto, I can't help but wonder about them too. JMO, Binder