InvestorsHub Logo

Chrf4

06/17/10 9:33 PM

#317 RE: HDOGTX #316

HDOGTX,

A list showing Belmont clients posted here earlier did not include EUOT as being a client. Also, I think it is rare that Belmont acquires a control postion and puts Joe in as CEO. This seems to be a unique set-up for a reason.

As CEO, Joe and no one in his organization is allowed to divulge insider information upon which someone may trade. While we think we are being stonewalled, those folks are following the rules.

I can speculate that at some point EUOT will re-surface with new management and be ready, having secured most of the OS back into the treasury, to go forward after all these stagnant years caused by the toxic financing entered into with the Cayman off-shore lenders and decisions made at their behest to license the technologies to companies controlled by the lenders. Marketing staff was not put in place and minimum effort was made to commercialize any of the techs.

Some of the technologies in the Eurotech portfolio are commercially viable, having been tested in many labs and by many operating companies in past years. I know a gentleman in Phoenix whose previous company successfully tested HNIPU, Firesil, and RubCon. Additionally, tests of Sorbtech, absorbent for oil spills, was very successful, better than hair, except for some handling problems that needed to be overcome. EKOR, renamed NuCap by Global, was successfully demonstrated at Savannah River and was used successfully at Oak Ridge, but in limited applications.

Knowing the name of an interested private company and publicizing that name could, in my opinion, be determental to the process.