Bat,
Just a couple of comments.
Back in 05 when Hicks starting buying EUOT shares, they stated an intent to acquire control of the company. It appears that happened. Had CN not laid down and settled with Global in 06, CN would have been gone. Whether or not either of the techs developed/held by Eurotech have any value is still a big unknown. HNIPU may now be on the cusp of widespread use but we do not know if NTI info is real or bogus.
Belmont does not buy a shell without acquiring sufficient shares to make a profit in marketing the shell. They most likely bought controlling interest from Hicks. Info I received at a Belmont meeting in Vegas seemed to indicate Belmont would, in cleaning the shell, get rid of any "assets" held by Eurotech. Belmont is now as close mouthed as CN was regarding the tech license. A shell with some technology rights might be more valuable than an empty shell.
Belmont is currently aggressively marketing an exceptionally clean BB vehicle for $100K down pymt. I don't know the total asking price. EUOT does not fall into that category but Joe Meuse doesn't miss often on moving shells at a profit. Belmont has an office in China so stay tuned.
