Replies to post #52 on Eurotech Ltd. (EUOT) (EUOT)

[ROB]

Hey Fatty I have a nice villa in the cayman islands,would you like me to send you there.

Bubba..remember every damn stock is a scammmmmmmmmm :)

We just goin for the ride...damn i missed that ecnc ride.LOL

Or should i say i missed that offshore ride,but i aint goin to miss this offshore ride.:)


ROB

Seriously bubba...I believe that euro with this new managament in tact is onto something unique.It could be a hit or miss thang because working with the DOE is not easy,but if(when)they get listed which is for real and if they get a contract with this EKOR...EKOR is for real...then i want to aboard this train.If i get derailed then i get derailed.It won't be the first time.You still the stock studddddd :)

Yo

[Waxman]

Matt:
I am not saying that your question is not a good one, but please show me examples where companies obtain financing packages and when they do give the address of the finance company?

Also Euro passed on another finance pkg. in January for 20 million because it would have been more costly. The other package was with Horizon Capitol of America. So would you feel better if they got boned with a finance pkg. originating here as opposed to making a better deal with a company located in the Caymans. I believe the Caymans is a mecca for money companies because of taxes and anonymity.

Also I am not saying in any way that EURO is a 100% squeakyclean never ever did anything that wasn't questionable in any way company. But neither is Microsoft or AOL or just about any company in the good old USA, including the gov't of the good ole USA. Unfortunately in this world almost everyone and everything has a ghost in the closet or thing in their past they would like to forget. I know I am guilty of this as well and I would be surprised if anyone on this little thread or many bigger ones can say they have never been ashamed of anything in their past. At least after experiencing a good amount of life as a person or a company.EUROTECH, Ltd. Obtains $25 Million in New Financing

WASHINGTON, DC. EUROTECH Ltd. (OTC: BB:EURO) announced today financing of $25 million to replace the previously announced financing of $20 million. Commencing production of several of its leading technologies soon, EUROTECH Ltd. selected a more flexible financing package with Woodward LLC, that included a $3 million subscription agreement and a $22 million line of credit to replace a straight $20 million subscription agreement with Horizon Capital of America, Inc. EUROTECH now expects lower cash requirements to support operations than previously anticipated due to projected revenues.

Woodward's initial investment of $3 million was in restricted common shares discounted 25 per cent. The $22 million line of credit extended to EUROTECH, Ltd. by Woodward is also in common shares discounted 10 per cent. The previously announced HCA financing of $20 million would have obligated about 12 million shares of EURO common stock. A significant l reduction in stock dilution to EUROTECH shareholders is the most important benefit for stockholders. For example, if EURO was at $10 per share, a $20 million draw against 10 per cent discounted common stock would obligate about 2.2 million shares under the Woodward financing agreement as compared to about 12 million shares under the HCA agreement.

EUROTECH, Ltd. is evaluating production options in Israel and the United States for several technologies that are currently ready for production or emerging from Israeli incubators into production within the first two quarters of this year. Letters of intent by large customers have encouraged EUROTECH, Ltd. to be optimistic about year 2000 being the first profitable year since its incorporation in 1995.

Among EUROTECH's line of technologies are included the radiation-resistant EKOR, being marketed as the answer to the nuclear waste management containment problem, and about to be applied in a joint project with the Shelter Project in Chernobyl. Other breakthrough technologies include non-isocyanate polyurethane (NIPU) - the next generation of polyurethane, rapidly biodegradable hydrophobic material (RBHM), liquid ebonite mixture (LEM), rubber concrete (RubCon), and Sorbtech. Details of EUROTECH's technologies may be viewed on its website http://www.eurotechltd.com.

EUROTECH Ltd. is a diversified technology holding company formed to capitalize on business opportunities through the acquisition and commercialization of advanced technologies developed by prominent research institutes and individual researchers worldwide.

Certain information and statement included in this release constitute "forward-looking statements" within the meaning of the Federal Privates Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements.

[lucky, mydog]

EUROTECH, Ltd. Completes $10 Million Equity Agreement
Business Wire - May 04, 2000 16:54
WASHINGTON--(BUSINESS WIRE)--May 4, 2000--EUROTECH Ltd. (OTC: BB:EURO) is pleased to announce the sale of restricted common shares to Woodward, LLC, an institutional investor, for $10 million cash in exchange for 1.333 million shares at $7.50 per share.

Woodward, LLC participated in a previous $25 million line of equity in Eurotech Ltd., announced January 4th, 2000.

Chairman, Chad Verdi, stated, "The price of this investment reflects Woodward's ongoing confidence in our Company, as well as, a perception that our current market prices are undervalued. We now have over $17 million in cash in the Company, and are not diluting the Company at any discount to the market. That shows our mutual confidence in the Company's technologies and its emergence as a global technology and environmental leader. "

Eurotech has just launched its program to deliver the radiation-resistant EKOR in the United States following EKOR's successful isolation of radioactive waste in the most critical fuel-containing mass at the failed nuclear reactor accident site in Chernobyl.

EUROTECH Ltd. is a diversified technology holding company formed to capitalize on business opportunities through the acquisition and commercialization of advanced technologies developed by prominent research institutes and individual researchers worldwide. Additional information about Eurotech and its technologies may be viewed on the Company website http://www.eurotechltd.com.

Certain information and statement included in this release constitute "forward-looking statements" within the meaning of the Federal Privates Securities Litigation Reform Act of 1995.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements.


CONTACT: EUROTECH Ltd., Washington
ECON Investor Relations, Inc.
Dawn VanZant, 800/665-0411
Heidi Hirst, 800/588-2544