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

To: Frank Fontaine who wrote (9775)12/29/1998 9:03:00 PM
From: Andre Daedone  Respond to of 12043
 
Frank:
This is good, certain people on this thread were blaming us (saying that we were Naysayers) on why the stock crashed from 3 cents and the real reason is because Eutro kept the 500M authorized a big secret until December 10 when we found out without any news from them. Some very smart investors sold causing the price to half. Then from Dec 10 to Dec 29 the float increased by 10M which would account for the decline to .008, an almost half again.

André



To: Frank Fontaine who wrote (9775)12/29/1998 9:05:00 PM
From: Binder  Read Replies (2) | Respond to of 12043
 
Since all of this broke, the float has gone from 97,000,000 to 118,000,000. A difference of 21,000,000.

Suppose they got an average of .01 per share. thats $ 210,000.

I liked Taz' idea, why don't we call them and ask whether they are going to post a picture of what they bought on the web site.

Binder


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