To: Lurker who wrote (9804 ) 12/31/1998 8:15:00 AM From: BlackStar Respond to of 12043
(2) The number of outstanding shares has increased to 118,000,000. They announced IVY was purchased with previously restricted shares. The only other thing EUTO could be selling the shares for is money for day-to-day operations. Do you know this for a fact? If you do, please present it as I am sure many here could use such proof to make their minds up. Until you do, I'll hold for the January announcements on new acquisitions. If there are none we'll all know.<3> They had BIO which was a steady cash cow to help pay for day-to-day operations. But they sold it to "concentrate" on their core business: bringing companies public. But they bought IVY to diversify and make money for day-to-day operations. I believe Eutro expected things to move along more rapidly. If things had happened faster, Eutro would be sitting on the portfolio of appreciating securities they have declared to be their goal. In retrospect maybe they should have kept something that 'paid expenses'. Then again one could speculate whether the 'loss' of liquid cash would have hindered Eutro in going after some of its current customers. Since Eutro also has decided to provide financing for their customers, there is a new source (?) of expenses. Hopefully with great returns but not without risk. Drawing on the facts and hints we've seen over the past year or so, and info found at ccfcorp.dos.state.fl.us at least I get an image of a company struggling to make it. There are failures and success, all the parts of a risky bet. Eutro has done, and will do, what they must to survive and grow. Place your bets .They seem to have a well-thought-out plan: [...] Lurker (watching the shell game.) Pretty stupid way to run a shell game eh? Usually the 'shell game' involves external actors bringing 'substantial value' into the shell. Every 'new deal' sucks new investors into the stock and so it goes on. MIDL is (has been) one of those. Usually the shell has no power to move by itself and just sits there as an easy target. Eutro is different in that it controls its own destiny (for better or for worse). Eutro acquires, Eutro does not 'reverse merge' with its customers.