Eurospeed, Inc. (fka EGCO)

[Renee]

EGCO revoked:

http://www.sec.gov/litigation/admin/2015/34-75137.pdf

[Renee]

EGCO SEC Suspension for Financials / Filings delinquencies:

http://www.sec.gov/litigation/suspensions/2015/34-74660.pdf

Order:

http://www.sec.gov/litigation/suspensions/2015/34-74660-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2015/34-74659.pdf

[stockseekerok]

[trre2]

there are over 100 million shares out there with 20 million shares at .10 or so in float. last 7 years has seen 20 BS news releases with nothing to show for it. This company is the biggest fraud on the otcbb.

[hermso]

patience.

[ThaSpinDocta]

LoL me too hermso...i had the email in my inbox yesterday :) i really like this stock, hopefully i can get some money before it goes kaboom.

[hermso]

thanks, i agree. just got stockcharts to add EGCO.

[B7$4]

"EGCO News" Euro Group Receives Initial Purchase Order for New Family of Converter Boxes

http://www.marketwatch.com/story/euro-group-receives-initial-purchase-order-for-new-family-of-converter-boxes-2010-03-23?reflink=MW_news_stmp

PORT CHESTER, N.Y., Mar 23, 2010 (GlobeNewswire via COMTEX) -- Euro Group of Companies, Inc. (Pink Sheets:EGCO) announced today that Europhone, the Company's telecommunications products and services subsidiary, has received an initial purchase order for 3,000 of its Eugro-brand converter boxes for immediate air delivery to its Authorized Distributor, Globalfon, S. A. The Eugro-brand converter boxes have been specified to support the conversion of the broadcast standard from analog to high definition digital in Greece and the Balkans.

Globalfon, S. A., headquartered in Athens, Greece, is a provider of cutting-edge technology products and services for the telecommunications industry to its marketing partners in the member states of the European Union. Its customers include: Ote; Cosmote; Wind; Macro Markt; Germanos, and Carrefour.

Euro Group of Companies, Inc. headquartered in Port Chester, New York, with offices in Shanghai, China and Athens, Greece, is an operating company focused on three distinct and separate businesses -- telecommunications products, transportation products and consumer electronics and appliances -- that management believes offer unusual opportunities for revenue and profit growth.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: From time to time, information provided by the Euro Group of Companies (including but not limited to this releases), statements made by its employees, or information included in its filings with the Securities and Exchange Commission may contain statements which are so-called "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. With respect to such forward-looking statements, Euro Group claims protection under the Private Securities Litigation Reform Act of 1995. The Company's results may differ significantly from those stated in any forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including, but not limited to, product demand, pricing, market acceptance, litigation, risks in product and technology developments, and other risk factors detailed from time to time in the Company's Securities and Exchange Commission reports including, without limitations, its Form 10-KSB and Forms 10-QSB.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Euro Group of Companies, Inc. '

[ThaSpinDocta]

this looks like a nice find hermso..

[Californicator]

I'm keeping watch. Volume needs to elevate a little. maybe this one is just under the radar.

[hkoup]

Hey last two press releases have been pretty good. Possibly right time to get in before it makes its run!

[Californicator]

I see.....20 surprised me. Holey Moley

[hermso]

got some movement here today...

[Californicator]

Keep us posted on your findings. I have my hands full right now. I plan on looking into this a little more after hours.

[hermso]

agreeeed. im diggin the company.

[Californicator]

hermso......Keeping this one on close watch. Will not take much for a nice push here.

[Californicator]

Hey chrissy......I think EGCO is still under the radar. I see no reason, this one couldn't be sitting @ .30. I'm still looking into a little dd myself. So far, I like what I see.

[hermso]

have you guys seen the EGCO CEO interview?

http://www.ceosnapshots.com/

its amazing. this is the perfect float lock up play.

[hermso]

thats what i saying right?

[chrissy]

Hey Cali,

this looks pretty interesting.Looks like I'll have to do some homework. Thanks for the heads up

[hermso]

i cant believe no one even watches this ting. the float is minuscule. it could fly with $3,000 in buying.h

[Californicator]

EGCO Looks interesting.... Surprised there isn't more eyes on this one. Appears to be thin to .30. Very nice recent new as of late.

Euro Group of Companies, Inc. (Pink Sheets:EGCO) announced today that Europhone, the Company's telecommunications products and services subsidiary, has entered into an agreement with Global Master Corp., a subsidiary of Kingsway Trading Corporation, a New York company with over 25 years experience in distributing products and services to pharmacies, to market its EUGRO brand calling cards through a network of over 550 pharmacies in the Northeast.

The initial order for 200,000 calling cards, with face values of $2.00; $5.00; $10.00; and $20.00, is valued at approximately $2,000,000. As in the case of all calling card sales, Europhone recognizes revenue
from the sale upon activation of the card by the vendor. The Eugro calling card is a "clean" card, with no hidden fees or charges, and offers very attractive rates for international calling.

The international calling card industry accounts for over ten billion dollars in sales each year, and continues to grow at a better than 10% rate per annum.

Euro Group of Companies, Inc., headquartered in Port Chester, New York, with offices in Shanghai, China and Athens, Greece, is an operating company focused on three distinct and separate businesses – telecommunications products, transportation products and consumer electronics and appliances- that management believes offer unusual opportunities for revenue and profit growth.

[hermso]

soooo 72% of the O/S is locked in either that VK Funding LLC or insiders... hmmm.

[hermso]

The following table sets forth certain information, as of December 31, 2008, with respect to the beneficial ownership of shares of Common Stock by (i) each person known to the Company to beneficially own more than 5% of the outstanding shares of Common Stock, (ii) each director of the Company, (iii) the Named Executive Officer and (iv) all executive officers and directors of the Company as a group.

Vasilios Koutsobinas 6,600,000 - 5.9%
Andrew Eracleous 939,500 - .9%
Kenneth Downey 1,316,667 - 1.2%
Stephen R. Bellis 160,000 - .1%
VK Funding LLC 70,881,675 - 63.4%
Directors and Control
Persons as a Group 79,947,842 - 71.5%

[hermso]

latest filing

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7006143

[hermso]

Euro Group Announces Marketing Agreement

PORT CHESTER, N.Y., Mar 3, 2010 (GlobeNewswire via COMTEX) -- Euro Group of Companies, Inc. (Pink Sheets:EGCO) announced today that Europhone, the Company's telecommunications products and services subsidiary, has entered into an agreement with Global Master Corp., a subsidiary of Kingsway Trading Corporation, a New York company with over 25 years experience in distributing products and services to pharmacies, to market its EUGRO brand calling cards through a network of over 550 pharmacies in the Northeast.

The initial order for 200,000 calling cards, with face values of $2.00; $5.00; $10.00; and $20.00, is valued at approximately $2,000,000. As in the case of all calling card sales, Europhone recognizes revenue from the sale upon activation of the card by the vendor. The Eugro calling card is a "clean" card, with no hidden fees or charges, and offers very attractive rates for international calling.

The international calling card industry accounts for over ten billion dollars in sales each year, and continues to grow at a better than 10% rate per annum.

Euro Group of Companies, Inc., headquartered in Port Chester, New York, with offices in Shanghai, China and Athens, Greece, is an operating company focused on three distinct and separate businesses -- telecommunications products, transportation products and consumer electronics and appliances- that management believes offer unusual opportunities for revenue and profit growth.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: From time to time, information provided by the Euro Group of Companies (including but not limited to this releases), statements made by its employees, or information included in its filings with the Securities and Exchange Commission may contain statements which are so-called "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. With respect to such forward-looking statements, Euro Group claims protection under the Private Securities Litigation Reform Act of 1995. The Company's results may differ significantly from those stated in any forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including, but not limited to, product demand, pricing, market acceptance, litigation, risks in product and technology developments, and other risk factors detailed from time to time in the Company's Securities and Exchange Commission reports including, without limitations, its Form 10-KSB and Forms 10-QSB.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Euro Group of Companies, Inc.

By Staff

CONTACT: CONTACT: Euro Group of Companies, Inc.
David Conway
[e-mail]


(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

-0-

INDUSTRY KEYWORD: Telecom Equipment
SUBJECT CODE: TELECOMMUNICATIONS
CONTRACTS
Business Contracts

[hermso]

whats up with this thing?