Replies to post #293 on Eurotech, Ltd. (EUOT)

[HDOGTX]

Meuse new M.O. shell deal where Belmont kept 13% ownership.

Belmont Retains Right to 13% Stake in Shell Company Sale
Posted April 23, 2010 11:37AM PST

Shell sponsor Belmont Partners sold a 51% stake in the shell company Data Storage Consulting Services to Sunrise Capital International for $366,000.

Sunrise Capital's Sheng Zhou became the company's sole officer and director as part of the sale. Sunrise Capital helps private Chinese companies raise funds and obtain listings on domestic and overseas stock exchanges.

After a reverse merger is completed, the new company will issue Washington, Va.-based Belmont 13% of its stock.

This is the second shell Belmont has sold this month that includes a post-merger stock issuance.

China Digital Communication Group bought a 53.8% stake in the shell company iDcentrix Inc. for $300,000 from Belmont earlier this month.

That company will issue stock to Belmont that will be worth a 10% stake after a reverse merger is completed.

Posted by: The Rainmaker Date: Monday, April 26, 2010 10:49:17 AM
In reply to: None Post # of 510

[Chrf4]

Hey, Bat,

Didn't know you were keeping a eye on EUOT. Good information. Thanks.

the latest was yesterday. Maybe a 14C will soon involve EUOT.

What do you think of the prospects? Regardless of all those companies in China, I still think NTI would cover their axx if they merged into EUOT, considering that Eurotech purchased the original HNIPU formulation from Figovsky. Assuming, of course, that the patent rights still stand in Eurotech..and the NTI ProForma that was being floated around a few months back provide real valid information.

[Chrf4]

Bat,

EUOT has a few less than 100M OS. I would not expect a reverse of more than 1 for 20 to bring the OS down to 5M. If the buyer takes 67% of the OS and Belmont holds back a few million, I doubt a RS will be effected in the very near term. They would most likely increase the AS, distribute more shres, and then do the reverse. In the latter scenario, the ratio would be greater than 1 for 20.