Matt: No, to my knowledge EURO was never a true penny stock. About a year and a half ago it was as low as between .25 and .50 for a while as they had a major problem with an insider trying to put them out of business. His name was Richard Wall and he is long gone. But when you do your DD you will I am sure come across his name and bashers trying to use it for a negative conotation. He and his cronies were unsuccessful in their bid to put EURO out of business after pumping the stock price to almost 13 bucks they sold off made a fortune and tried to put them away so they could get the technology for themselves and another company they are probably involved with now called AVDI. The settlement to sever all relations with the Wall regime was a 2% royalty on EKOR profits and 2 million shares of EURO.
The management team that has since been assembled and is in charge now is excellent. They are very cautious in not hyping themselves almost to the extent of under publicizing themselves and the company. They are being cautious as in dealing with the gov't they want to be sure and do things the way the DOE wants them.
Things are starting to happen at a quicker pace now and in 6 months or less this company will be a big ways from where they are now with, IMHO revenue producing contracts underway for numerous products, a Nasdaq listing, and new emerging technologies on the horizon.
Hope this helps Brett
News 
Market Data 
Discover 
AI
