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


To: Auricman who wrote (10472)3/4/1999 7:24:00 PM
From: Auricman  Respond to of 12043
 
Copied for RB

By: Deviltrader
Reply To #300 by auricman1 Thursday, 4 Mar 1999 at 6:50 PM EST
Post # of 304


WOW!!!
I am impressed with this deal!
EUTRO acquired Ivy for 100%!!!!!This is awesome. First, i don't think the company will use all his 400,000,000 shares to acquire this business. Second, these shares they use ARE NOT IN THE FLOAT!!! REMEMBER THIS. IF... (LET SAY) THEY USE ALL 400,000,000 SHARES, AT MOST, ALL OF THESE SHARES ARE NOT IN THE FLOAT!!! SO, THE COMPANY EARN ASSETS WHICH IS NOT DILLUTING SHARE'S VALUES!!!
OH MAN!!! THIS IS HUGE!!! I SAY AGAIN: HUGE!!! (I AM NOT HYPING OK, BUT THIS IS THE FACT!).

So, with 1.5 million/ 100,000,000 shares in float. We have 0.015 EPS * 18 P/E = 12 cents of share price! ONLY remember, ONLY for the revenue on this acquisition, not counting other revenues EUTO gets from other financial services and IPO fields that was around .008 EPS.

I am looking forward to hear the closing of this deal on March 16, 99.

Guys, we're investing in a GREAT, GREAT company!

Deviltrader