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

To: timmask who wrote (10813)	3/24/1999 11:01:00 PM
From: Judith	Read Replies (1) \| Respond to of 12043

Another question for the EUTO believers... According to the only financial information EUTO has provided, the 10/5/98 news release, the company had a total liability of $136,554 as of 7/31/98. Since December, the outstanding shares have increased by at least 40,000,000. At the minimum of $.01 a share, that would mean the company has gotten $400,000. Increase that to $.015 and it totals $600,000. So what is the extra money being used for???????? Also, still unanswered, why would a company want to take over a non-reporting shell? What compensation is EUTO receiving from IVY to give them the shell? Judith Judith