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

To: Frank Fontaine who wrote (10492)	3/5/1999 10:14:00 AM
From: Robert Rice	Respond to of 12043

CYA FRANK 4 million shares rtaded....

To: Frank Fontaine who wrote (10492)	3/5/1999 10:39:00 AM
From: FARRIS	Read Replies (2) \| Respond to of 12043

ALL: ARE YOU SITTING ON A PAPER LOSS ON EUTO? ARE YOU HOLDING HUNDREDS OR THOUSANDS OF WORTHLESS PREFERRED SHARES? DO YOU WANT TO GET YOUR MONEY BACK? For those who live in select States this is not a dream, it is a reality. Step 1: Call your secretary of states office and get the phone number for the state securities regulator's office. Step 2: Call these people up and ask if Eutro Group of Florida (Or any variation) is registered to sell securities in your state. If they say yes -- you are S.O.L. But IF THEY SAY NO... Step 3: Call up your broker and request your certificates right away. Do not mention anything about the above. Step 4: When you receive DELIVERY of your certs, your broker has done something illegal. At this point, you go to your securities regulators office and show them the certs WITH THE ENVELOPE THEY CAME IN, along with all of your trading records and explain that you wish to pursue legal action against the broker for selling nonexempt, unregistered securities. THEY WILL DO IT. END RESULT: Your broker must rescind the original purchases, and return your money PLUS INTEREST. For the preferred shareholders it will be more complicated because of the share exchange that occurred directly with Eutro HOWEVER, the records are somewhere of everything that occurred. The DTC, the brokers and Eutro are all required to keep records of all transactions. We can all get all of our money back. It will simply take time for the preferred shareholders. But the time factor is not relevant because the broker has to pay us NOT THE MARKET. Two things I will add: 1. For preferred shareholders. Brad says that the Freedom Medical dividend was a "distribution." Mention that to the regulators. Explain that the "distribution" was made based on the number of common or preferred shares that were owned as of the RECORD DATE. Brad said this was NOT A DIVIDEND. I am a registered rep with the NASD -- I am going to bet he is dead wrong. Why do I mention this? Because in the preferred exchange one of the agreements was that Eutro could NOT issue any dividends to common shareholders while arrears existed on the preferred shares. THEY DID JUST THAT and in doing so broke the contract -- so now it is time for us to sue for damages. 2. If enough heat is put on your state regulators, they will push this up to the SEC who will HALT EUTO until all is resolved. Then we will have officially stuck it to them because the SEC will never allow them to come back up trading until they become a reporting company. Something to consider. It only takes about 10 minutes to call the state and ask that very simple question from Step 2. I will try to respond to open questions on the thread -- BUT DO NOT EMAIL OR PM ME -- I will not respond. (Too time consuming.) Eric If someone would like to post this on Raging Bull or anywhere else -- FEEL FREE.