BNP Paribas Easy Growth Europe UCITS C (EGRO)

WOWWWWWWWW!!!

My mistake, the debt in EGRO owed to creditors and officers of the company has been exchanged at .05 cents a share. As best as I can tell, the debt in EGRO is gone. That is a big step toward a Reverse Merger IMO.

weo

Okay, everything is now filed that was required. I thought we might see a PR in regards to what is happening such as what they may be thinking of for the future.

Maybe we should start with what we know. They filed their required SEC documents. Why? The 10Q states they ceased operations back in January. They didn't file for bankruptcy, they could have. I am going to go out on a limb now and state it is pretty obvious to me they are setting this up for a Reverse Merger. All that needs to be squared away is the remaining debt. I am guessing that's the next step in readying this shell. Float is still reasonable at 25M. Yes, more shares are being used for some of the debt but that still remains to be seen what that is. We know that from the 10K. Yes there will be more dilution IMO.

I don't have a crystal ball but it is my opinion this thing is about to move some. There were some major changes on Level 2 late in the day. We now have MM's up to .10 cents. MHMY has had the Bid and Asked boxed for the last 6 months and is now off both. Maybe this is just a smoke screen but it is the most positive change on Level 2 I have seen is a very long time. Hopefully we will see a PR soon on the official direction the company is taking.

Good luck to all,

weo

From the ANNUAL Report filed 5/8/02

Our subsidiaries have ceased operations.

In the first fiscal quarter of 2002, the Company ceased operations in all of its three subsidiaries due to a lack of funding to sustain operations. The Company does not intend to resume


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operations in its subsidiaries. The Company has sold certain video equipment used by one of its subsidiaries. The Company may seek shareholder approval to sell all or substantially all of the assets of the Company.
The Company has no revenues.

Because the Company has ceased operations in all of its subsidiaries, the subsidiaries currently do not produce any revenue. The Company is a holding company and currently does not produce any revenue. If the Company can obtain funding, it is management's intention to prepare it to become an acquisition target. Therefore, management believes that the Company will not produce any revenues and will only incur expenses for the foreseeable future. If we seek and obtain shareholder approval to sell all or substantially all of the assets of the Company, we intend to apply the proceeds of such sales to pay some of the Company expenses; however, we do not believe the amount of money generated from the sale of Company assets will be adequate to cover the Company's expenses.

We incurred significant losses in 2001.

We incurred significant operating losses in fiscal 2001, and we expect that we will continue to incur losses for the foreseeable future. The Company will continue to incur general and administrative expenses even without operations, which will place significant burdens on the Company. Without operations, we will be unable to generate any revenues and we will not be able to achieve and maintain profitability.

The Company has no funds to implement its plan.

If the Company obtains funding, it intends to market itself as a candidate for acquisition, possibly as a suitable reverse merger target. At the present, the Company has not entered into an agreement with any person to be acquired and the Company can make no assurances that it will be able to locate a suitable acquisition candidate. Even if such a candidate is found, the Company must obtain funding to negotiate and complete the acquisition of the Company, possibly through a reverse merger transaction. There is no assurance that the Company will be able to obtain such funding.

We will need to raise additional funds. These funds may not be available when we need them.

We do not have enough cash or other sources or funding to fund our Company. We need to raise funds to manage our Company, to pay our expenses, and to negotiate and complete an acquisition of the Company, possibly through a reverse merger transaction. There can be no assurance that financing will be available on favorable terms, or at all. Our subsidiaries have ceased operations, and if we do not obtain funding, the Company may cease to operate. If we issue equity securities to obtain such financing, the ownership interest of our shareholders will be diluted. The issuance of debt securities to obtain financing will increase the risk of investing in our Company.


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The Company is currently inadequately capitalized.
As of May 8, 2001, the Company reserved 49,200,000 shares of common stock for conversion of certain convertible debentures and the exercise of warrants sold pursuant to a Securities Purchase Agreement dated May 8, 2001. Pursuant to a letter agreement dated March 29, 2002, the Company sold additional convertible debentures and warrants and agreed to reserve an additional 35,814,285 shares of common stock. For more information about these transactions, see "Recent Sales of Unregistered Securities" beginning on page 14 of this Form 10-KSB. The actual number of shares of Common Stock to be issued upon conversion of the debentures or exercise of the warrants fluctuates depending upon the market price of our common stock. Because the average trading price of the Company's Common Stock on the OTCBB has dropped substantially over fiscal year 2001, the Company does not have an adequate number of shares of common stock authorized by its Articles of Incorporation to issue, at current market prices, all of the shares to be issued pursuant to the convertible debentures and the warrants dated May 8, 2001 and July 30, 2001, and March 29, 2002, respectively. The Company would need to amend its Articles of Incorporation in order to increase its authorized capital stock, which requires shareholder approval.

The Company's shareholders face substantial future dilution.

In 2001 and in 2002, the Company sold certain convertible debentures and warrants to four accredited investors. For more information about these transactions, see "Recent Sales of Unregistered Securities" beginning on page 14 of this Form 10-KSB. 41,200,000 shares of common stock were registered with the Securities and Exchange Commission in 2001. The Company is required to register an additional 35,814,285 shares of common stock. Furthermore, because of fluctuations in market prices of the Company's common stock, the accredited investors may require the Company to register an indeterminate number of additional shares. Therefore, it is expected that the Company's shareholders will sustain substantial dilution as the convertible debentures are converted into, and the warrants are exercised for, shares of the Company's common stock, and such shares are sold on the market.

There are risks associated with our stock trading on the NASD OTC Bulletin Board rather than a National Exchange.

There are significant consequences associated with our common stock trading on the NASD OTC Bulletin Board rather than a national exchange. The effects of not being able to list our securities on a national exchange include limited release of the market prices of our securities, limited coverage of the Company, and volatility of our stock prices due to low trading volume. The foregoing factors may limit our ability to issue additional securities or to secure financing.

Business of Issuer

During fiscal year 2001, e resources was engaged primarily in operation of its three wholly-owned subsidiaries, with a focus on the creation and development of innovative marketing, media and communications solutions. In the first quarter of 2002, the Company's three


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subsidiaries, CareMart, Inc. ("CareMart"), Vistastream inc. ("Vistastream"), and I'm On Air, Inc. ("IOA"), ceased operations.
In 2001, our Company operated in the technology sector. 2001 was a difficult year for businesses in the technology sector, as markets continued the decline that began in 2000 and investors continued to turn away from technology-based businesses. The continuing decline in the technology sector through the year deeply impacted our ability to implement our business plan and to raise funds for Company operations. In the first quarter of 2002, operations in the Company's subsidiaries were ceased due to the Company's lack of working capital combined with its inability to secure additional funding to sustain it subsidiaries

In the first quarter of 2002, the Company sold certain equipment used by Vistastream and applied the proceeds of such sale to pay some of the Company's outstanding debts. The Company may seek shareholder approval to sell all or substantially all of the assets of the Company, including the assets of CareMart and I'm On Air, and if such assets are sold, it intends to apply such proceeds to pay outstanding Company debts. The assets of CareMart may have little or no value.

In fiscal 2001, two of the Company's subsidiaries, Vistastream and CareMart, had existing operations, while its third subsidiary, IOA, was engaged primarily in research and development. Vistastream operated as a full-service video production house, as well as a producer, aggregator and broadcaster of streaming media programming for the Internet. CareMart operated as a value-added re-seller for a diverse line of health care products, and as a marketer and distributor of health care supplies for individual and institutional consumption. CareMart's products were marketed and sold primarily through the Internet, however, CareMart's web site was taken down on March 31, 2002. IOA was involved in the research and development of a communication and marketing system based on a proprietary digital media platform.

CareMart

In fiscal 2001, CareMart marketed its products to the health-care providers and caregivers of people suffering from reduced or impaired mobility and self-care limitations due to age, injuries or disease. CareMart's products were marketed and sold primarily through its web site. CareMart operated in the home medical equipment ("HME") distribution market, which includes home health care products, physical rehabilitation products and other disposable and non-disposable products used for the recovery and long-term care of patients. In 2001 there were an estimated 10,000 HME dealers in the United States, where CareMart operated its business. CareMart's competitors in the HME distribution market included independent HME dealers, medical/surgical distributors, and home health agencies and providers which deliver HME products to patients bundled with nursing services. In addition, many of the estimated 10,000 HME companies have established a web presence that competed directly with CareMart for Internet sales.

Throughout its operations, CareMart did not spend substantial capital on marketing its web site presence. The majority of the Company's customers located its web site through online searches or by word of mouth. CareMart did not have a large concentration of its sales dependent on one


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customer or a group of customers. CareMart is not a Part B Medicare supplier, and therefore was not subject to government regulation on its pricing or on its payment for its product offerings.
Vistastream

In fiscal 2001, Vistastream operated as a full-service video production house, as well as a producer, aggregator and broadcaster of streaming media programming for the Internet. Vistastream's products consisted of complete line video and audio solutions for corporate consumption, including script to screen production, editing and video duplication. Vistastream also produced interactive digital media.

Vistastream's services were marketed by targeted advertising in regional business journals. Vistastream utilizes a small sales force to handle the leads generated by the advertising. The majority of Vistastream's competitors were independent producers that out-source their production and post-production needs. Vistastream marketed its services to corporations that have audio and video presentation needs. Vistastream did not have a single customer or group of customers that account for a large percentage or a material amount of revenue.

I'm On Air

In January 2001, the Company began research and development of IOA, a communication and marketing system based on a proprietary digital media platform. IOA was intended to be a promotion based sales and marketing tool that could advance brand awareness and create sales and promotional opportunities for its customers. IOA remained in the research and development phase throughout 2001 and never began operations.

Intellectual Property

The Company has registered the I'm On Air name and logo with the United States Patent and Trademark Office.

Research and Development

The Company invested resources in the research and development of IOA in 2001. The Company spent $42,544 to create a prototype of the IOA product. Because IOA never commenced operations, none of these research and development costs were passed on to the Company's customers.

Environmental Laws

Due to the nature of its business, in fiscal 2001, the Company did not expend a material amount of funds on compliance with environmental laws.


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Employees
As of December 31, 2001, the Company employed four full-time employees. As of April 29, 2002, the Company employed two full-time employees and no part-time employees. None of the Company's employees are represented by labor unions. The Company considers its relations with its employees to be good.

Business Development

e resources (formerly Dryden Industries, Inc., ("Dryden") and previously Dry Dairy International, Inc. and Wonder Capital, Inc.), was incorporated under the laws of the state of Utah on March 6, 1987. The Company was originally formed as an acquisition vehicle for ongoing privately held business entities, which would be aggregated in order to maximize the value of their equity.

The Company engaged in a public offering of its securities and on February 11, 1988, the Company closed its initial public offering having sold 1,990,000 units at the offering price of $0.10 per unit. The Company subsequently attempted to conduct various businesses, but was unsuccessful in its efforts. In 1998, the Company discontinued operations in its operating subsidiaries as a result of recurring losses and sold the corporations that comprised its previous operating subsidiaries. The Company then changed its status to a development stage company in December 1999.

Consistent with its new development strategy, in January 2000, the Company completed a contribution agreement whereby it issued 46,630,863 shares of its common stock before a 1-for-20 reverse split in exchange for all partnership interests in Vista Photographic and Video Group, Ltd. ("Vista"). The shares issued by the Company represented approximately 25% of the total shares of the Company's issued and outstanding shares immediately following the acquisition, which was completed in February 2000. The Company then formed vistastream inc., a wholly-owned subsidiary of the Company, to operate the former Vista business and to form a full-service video production house and a producer, aggregator and broadcaster of streaming media programming for the Internet.

On April 28, 2000, the Company acquired all the outstanding capital stock of CareMart, Inc., a Delaware company. The acquisition was accomplished pursuant to a reverse triangular merger, whereby CareMart, Inc. was merged with a wholly-owned subsidiary of the Company in accordance with a merger agreement entered into between the parties on March 17, 2000. Immediately prior to the merger, CareMart, Inc. acquired all the outstanding capital stock of Cunningham & Cunningham Health Concerns, a Texas corporation ("CC&H"). CC&H operated the business of CareMart, Inc. prior to the merger. CareMart, an online niche marketer and distributor of home healthcare products and supplies for general and institutional consumption, is operated as a wholly-owned subsidiary of the Company.


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During fiscal year 2000, e resources inc was engaged primarily in operation of its three wholly-owned subsidiaries, Vistastream inc, CareMart, Inc., and eGROW, inc., all Delaware corporations. Vistastream operated as a full-service video production house, as well as a producer, aggregator and broadcaster of streaming media programming for the Internet. CareMart operated as a value-added re-seller for a diverse line of health care products, and as a marketer and distributor of health care supplies for individual and institutional consumption. CareMart's products were marketed and sold primarily through the internet. The Company intended to operate eGROW as a for-profit business incubator which would develop, invest and direct the business strategy of a network of companies with Internet, Intranet and electronic commerce based applications.
After sustaining significant losses for fiscal year 2000, the Company refined its business strategy in 2001. The Company repositioned Vistastream to focus on video production, abandoned the eGROW business incubator, continued CartMart operations, and altered the Company's business model to focus on the creation and development of innovative marketing, media and communications solutions. In January 2001, the Company began development of IOA, a communication and marketing system based on a proprietary digital media platform. IOA was planned as a marketing tool that could advance brand awareness and create sales and promotional opportunities for its customers. Despite the Company's efforts, CareMart and Vistastream, the Company's two operating subsidiaries in fiscal 2001, continued to incur losses. IOA was in the research and development stage in fiscal 2001 and also incurred losses.

Events Subsequent to the Company's Fiscal Year End

In the first quarter of 2002, the Company's three subsidiaries, CareMart, Vistastream and IOA, ceased operations. Operations in the Company's subsidiaries were ceased due to the Company's lack of working capital combined with its inability to secure additional funding to sustain its subsidiaries.

On January 28, 2002, Chris Curtis on behalf of the Company entered into a letter agreement with Doug Via, a former employee of the Company, to sell certain video equipment used by Vistastream to Mr. Via. The purchase price paid to the Company for the equipment was $22,000 in cash. The net book value of the assets sold was $49,725. Mr. Via was employed by the Company as general manager of Vistastream from November 1, 2001 until January 18, 2002, when he was laid off by the Company. The proceeds of the equipment sold by the Company was applied towards payment of the Company's expenses.

The Company may seek shareholder approval to sell all or substantially all of the assets of the Company, including the assets of CareMart and IOA, and in such event, intends to apply the proceeds to the Company's expenses.

On April 8, 2002, the Company received $50,000 in cash (less $10,000 in expenses) in connection with the sale of convertible debentures and warrants to four accredited investors. This transaction is described in "Recent Sales of Unregistered Securities," beginning on page 14 of this Form 10-KSB. The Company intends to use the proceeds of this funding to pay expenses


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incurred in connection with complying with its reporting requirements under the Securities Exchange Act of 1934 (the "Exchange Act").

ITEM 2. DESCRIPTION OF PROPERTIES

(a) Principal Plants and Properties of the Company

Beginning February 1, 2000, the Company leased 2,100 square feet of office and edit space at 2155 Chenault, Suite 310, in Dallas, Texas to house Vistastream's sales and production operations under a lease that expires on January 31, 2003. In the first quarter of 2002, the Company closed the Vistastream office and no longer occupies the property. The Company has not paid the rent on this office space, in the amount of $2,153.40 per month, for December 2001 and January, February, March, April and May of 2002. In February of 2000, the Company leased 1,400 square feet of office space at 304 North U.S. Highway 377 in Roanoke, Texas to locate e resources' corporate offices on a month-to-month basis. The rent is $1,400 per month. The Company continues to operate out of the Roanoke location. The Roanoke property is in good condition and is adequate for its current use. The Company owns no real property.


ITEM 3. LEGAL PROCEEDINGS

On January 29, 2001, the Company filed suit against Shields Publishing Group, Inc. ("SPG"), for breach of contract. The lawsuit is styled as e resources inc. v. Shields Publishing Group, Inc., Cause No. 2001-50025-367 and is filed in the 367th Judicial District Court of Denton County, Texas.

On May 8th, 2001, the court entered a default judgment in favor of e resources, and entered an order in favor of the Company in the amount of $300,000 plus attorneys' fees and costs. However, the default judgment could be overturned, and the Company has not been successful in recovering any money under the default judgment.

On October 25, 2001, Vista Photographic and Video Group, Ltd., a now defunct Texas limited partnership, was served with a lawsuit filed by CIT Communications Finance Corp., a Delaware corporation, for amounts owed under a telephone equipment financing agreement. The lawsuit is styled Docket No. MRS-L-23-82-01, CIT Communications Finance Corporation v. Vista Photographic and Video Group, and is pending before the Superior Court of New Jersey, Law Division, Morris County. The claim is for $53,408.20 plus costs and attorneys' fees. A default judgment in the foregoing amount was granted on March 8, 2002 or have held against Vista Photographic and Video Group. A subsidiary of the Company may have held certain of the assets involved in this lawsuit.



The best weapon against "fear" is "facts"!

EGROE has filed their financials this morning. Posted on Yahoo. I have not found the 10K as of yet. That should have some very interesting news in it IMO. I am looking for debt consolidation and a confirmation from the company that they are pursuing a Reverse Merger candidate.

weo

On Monday April 22nd, EGRO will become EGROE. I have talked to the company and they have stated the 10K will be filed before the end of April. I also believe there will be some type of announcement when they 10K is filed. I am still of the opinion that EGRO will do a Reverse Merger. I am holding and will most likely buy more once the 10K is filed.

Please keep in mind this is specullation on my part. Don't buy this or any security based on opinions formed on message boards.

Best to all,

weo

weo, thanks for the update.
marvin

Okay, EGRO filed its extension papers on March 29th, last Friday. Based on this filing, 10K WILL be filed on or before April 15th. I expect a great deal of unknown information to be in these filings, all for the positive IMO. This filing states they are out of money. Makes me believe even more that a potential Reverse Merger is the route they are taking.

Just my opinion and here is the filing

weo

<DOCUMENT>
<TYPE>NT 10-K
<SEQUENCE>1
<FILENAME>a4147544.txt
<DESCRIPTION>E RESOURCES INC. NT 10-K
<TEXT>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 12b-25
Commission File Number ___________

NOTIFICATION OF LATE FILING

(Check One): [x]Form 10-KSB [ ]Form 11-K [ ]Form 20-F [ ]Form 10-Q [ ]Form N-SAR

For Period Ended: December 31, 2001

[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K

For the Transition Period Ended: ______________________________________

Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.

If the notification relates to a portion of the filing checked above,
identify the items(s) to which the notification relates:
_________________________________________________________________


PART I
REGISTRANT INFORMATION

Full name of registrant: e resources inc

Former name if applicable: Dryden Industries, Inc.

Address of principal executive office: 304 North Highway 377

City, state and zip code: Roanoke, Texas 76262

PART II
RULE 12b-25 (b) AND (c)

If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate).

[x] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;

[x] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed
on or before the 15th calendar day following the prescribed due date;
or the subject quarterly report or transition report on Form 10-Q, or
portion thereof will be filed on or before the fifth calendar day
following the prescribed due date; and

[__] (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.

<PAGE>


PART III
NARRATIVE

State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed).

e resources inc (the "Company") could not file the referenced Form 10-KSB
without unreasonable effort or expense because its cash is depleted as reported
in the Company's 2001 third quarter 10-QSB. The Company is in the process of
obtaining funding and requires additional time to gather and analyze information
to assess the financial condition of the Company. The Company will file the
referenced Form 10-KSB within the fifteenth calendar day following the original
prescribed filing date for the annual report.

PART IV
OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this
notification:

Christopher D. Curtis (817) 491-8698

(2) Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).

[x] Yes [ ] No

(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or
portion thereof?

[x] Yes [ ] No

If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.

The Company anticipates a significant loss for fiscal year 2001, due
primarily to general and administrative costs incurred in connection with the
continued operation and funding of the Company.

e resources inc
(Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date: March 29, 2002 By /s/ Charles C. Cunningham
-------------------------
Printed Name: Charles C. Cunningham
Title: President and Treasurer



</TEXT>
</DOCUMENT

IOU, if a R/M is indeed in process, I would think this would move up from here. I base that on previous shell companies that pursue this type of arrangement. There are many things not known such as what happened to EGRO's business, funding of "I'm On Air" and so forth. Again, pure speculation on my part but because we haven't heard any news leads me to believe the R/M path is the way they are moving.

There is also the debt issue, what will become of that? The conversion of the CD which I believe is still significant? The share structure is still reasonable but will most likely grow substantially with a R/M and then ultimately a possible Reverse Split.

It is my understanding that shells still retain some value. What the value is remains to be seen but I believe EGRO is worth more now as a shell than it is currently valued. Again, this is pure speculation on my part.

Please don't buy this stock or any on the opinions of message boards speculators.

Just my thoughts.


Best you you,

weo

Weo - Which way do think it will move?

EGRO needs to file 10K or a notice of late filing before Monday. Still believe we will hear some news in regards to this and what is happening. I am still betting a R/M will be the outcome. Also believe because of this we will see some news about the filing.

Any news at all about a potential R/M should move this stock off its curreent price in my opinion.

Happy holiday to all.

weo

dukesmo, I have no problem discussing this privately but would rather discuss this on this thread if that is okay with you.

What's on your mind?

weo

andrei, I am guessing that Vista and Caremart have been shut down or will soon be. They have created little value over the past two years and IMO most likely will not be a part of any Reverse Merger should that occur.

Please remember I am speculating here. No news from the company this quarter, that tells me they are looking at their options. "I'm On Air" was a hot topic. IMO, the only reason it has gotten quiet is that they ran of cash. I believe a 10K is also due before month end. Hopefully we will see this filing however bad it may be.

Just my opinion.

weo

ToGodBe, the CD is in play most likely. Market Maker MHMY is and has been on the ask for almost 5 months now. He continues to sell into any buying and also is suspiciously hanging around the bid. Until MHMY moves off the ask, we will stay in this trading range or drop lower. That's the problem with funding any company with this type of mechanism. I am hoping EGRO management will come to some agreement with the CD holders if a Reverse Merger takes place.

weo

I think someone sold out. 1.25 million shares at .004/share. Best

It seems that the server of vista and Caremat are dead. What is going on?

Can you send me your email address to msmolinsky@stny.rr.com, I would like to discuss this more

dukesmo,

It has been my experience that most reverse mergers have some form of consolidation. I am guessing based on our current share price and the CD hanging over our head that a reverse split is probable. Please remember I am speculating and have no information to either confirm or deny this. Just looking at what we currently have and basing that opinion on that.

I also believe if a Reverse Merger is announced we will see some share appreciation. Frankly, I welcome it. It has to be better news than what is currently happening. IMO, Chris Curtis still has a great deal to lose here. Whatever course this company chooses has to be beneficial for him as well. Since he has not sold any shares himself, he stands to lose as well IMO.

Still watching carefully.

Best to you,

weo

Do you think they will do a reverse split as well

Been to quiet. IMO we are on the verge of a R/M. Should get interesting soon IMO.

Remember, just my opinion.

weo

I ask what every investor should. Unfortunately there is not much to report other than what we have been told. It is my SPECULATION with my conversations with Chris, that either they will make a go of it with "Im on Air" or he will pursue a reverse merger. THAT'S MY OPINION AND SHOULD BE VIEWED AS SUCH.

One only needs to look at KLYS to see what reported news of an impending reverse merger could do to the stock price.

These are sh#tty times for most companies. The OTC has been slaughtered and recapitalization has forced many companies to restructure. Since many companies are not forthright with their investors, all this does is create continuing doubt about any company that trades on this exchange, legitimate or not.

I continue to believe something good will come of this and find little risk for myself, at anything less than a penny. The float is still reasonable at about 12M and the O/S is 24M.

Wish I could be more helpful.

Best to you,

weo

What do you talk to Chris about. Obviously he is not letting a lot of information out. Best

ochem,

I talk to him a couple times a week. There is news coming soon IMO, like before month end. Not sure what the news will be but buying at less than a penny has little risk IMO, regardless of what happens.

Current O/S is 24M, current float between 10-12M. There is some dilution occurring but not like most companies. There is a restriction on how much can enter the market at one time like 5% of the current market cap I believe.

I am looking for something surprising to happen, I just don't know what.

weo

weo and others

when is the last time someone hear from or talked to Chris?

has there been any communication with the company?

ochem

Hi Ochem, news soon IMO. We either make a go of this with IOA or we Reverse Merge with another company. That's my opinion. I don't know what other alternatives there are. I can't see getting any funding at these levels, too dilutive and I can't believe anyone would fund here.

I like Chris and still believe in what he is trying to do.

Good to see you again,

weo

I am back in, after a 13 month absence (and the loss of way too much money). Picked up 100K today, at the ask (I know, what a big spender).



ochem

Volume has been picking up. We are getting closer to some news IMO. Still believe we will hear something definitive before the end of this month and probably a lot sooner. Still believe buying this at less than a penny is a good risk/reward possibility. Look at the volume for the last 45 days or so, almost 5.5 million shares. While not substantial, that still equates to half the float or so.

weo


DATE CLOSING PRICE OPEN HIGH LOW VOLUME
2/01/2002 .008 .007 .008 .006 201,300
1/31/2002 .007 .006 .009 .006 283,100
1/29/2002 .006 .007 .007 .006 173,900
1/28/2002 .008 .008 .008 .007 176,000
1/25/2002 .008 .008 .008 .006 1,188,000
1/24/2002 .007 .007 .007 .007 170,000
1/23/2002 .007 .006 .007 .006 90,200
1/22/2002 .008 .007 .008 .007 68,100
1/18/2002 .007 .007 .007 .007 15,000
1/17/2002 .007 .008 .008 .007 15,300
1/16/2002 .008 .007 .009 .007 595,200
1/15/2002 .006 .006 .006 .006 500
1/14/2002 .007 .007 .007 .007 70,000
1/10/2002 .007 .006 .007 .006 21,700
1/09/2002 .006 .006 .007 .006 120,000
1/08/2002 .006 .007 .007 .006 110,000
1/07/2002 .006 .008 .008 .006 75,000
1/04/2002 .008 .008 .008 .008 63,500
1/03/2002 .008 .010 .010 .008 175,800
1/02/2002 .010 .006 .010 .006 231,800
12/31/2001 .006 .006 .007 .006 111,200
12/28/2001 .006 .006 .007 .005 1,030,300
12/27/2001 .006 .006 .006 .006 9,500
12/26/2001 .006 .006 .007 .006 66,900
12/24/2001 .006 .006 .007 .006 192,000
12/21/2001 .006 .006 .006 .006 2,900
12/20/2001 .006 .006 .006 .006 18,300
12/19/2001 .006 .006 .006 .006 3,600
12/18/2001 .006 .006 .006 .006 1,600
12/17/2001 .006 .006 .006 .006 118,100

Hello bd, I am not surprised you have found this stock. As you once told me, " buy when nobody wants them" I have LOL.

It looks to me that some are beginning to look at this again. Volume seems to be increasing and I believe this will continue.

bd, good to see you again.

weo

Quietly accumulating? I wouldn't say that. Looks like a no-brainer to me. EGRO is a "real" company, near it's annual lows, with plently of upside, IMO. In this penny world that is significant within itself. Check your couch for change and buy some more, I am.

...and you all thought you could come over here and hide, keeping this for yourself.

domen, I would also but if we see .05 cents, I think we will see much more. Just my opinion.

weo

weo, you maybe talking to yourself but I'm evesdropping. LOL Doug. PS I sure would like to see.05soon.

Looks like I am talking to myself but that's okay, lol. There hasn't been much volume but most of it has been at the ask. IMO, it is only a matter of time before something happens here. I need to get myself more shares.

JMO

weo

Another quiet week. My take is someone or ones is quietly accumulating this. The bigger question would be why? We seem to have one day a week where somebody picks up a few 100K then back to the closet lol.

Level 2 indicates some resistance at .01, after that is anybodies guess.

I continue to be optimistic about this investment.

Best to all,

weo

Hello weo, ...I share in your optimism and thoughts. No time nor any REASON for us to be feeling negative about anything. Just riding the waves and anticipating SOMETHING on the horizon. Think we have already seen the low and it is behind us jmho.

Hope 2002 is very GOOD to you.
Dianne
- - -/- - -

Still expecting something to happen here between now and March 1st. The value of this company is worth more than .007 IMO. Hell, shells are worth more. Also, there are many stocks that have diluted themselves and the stock to death, at the moment, this isn't one of them IMO.

Best to all,

weo

Been a good week for Micro Cap stocks. Even the tiniest of stocks are moving on news. All we need is some news IMO.

Best,

weo

segirr, good to see you. I believe nobull is still around, yes.

I am very upbeat about our chances here. While funding is an issue, I believe EGRO Management has a good plan to get us away from these levels. Hopefully Management will soon share that plan with us.

This forum has many good fine tools to help educate potential investors. As soon as the company begins to release some news, I will make sure all that information is here for us on this site.

Good to see you again and best of luck.

weo

Weo: Thanks for the direction to this board. Been in this stock since the pasta days in 1997. Have averaged down recently so as to be about what I was at the infamous R/S. Now lets see it go. Happy New Year to all. Is nobull still around?
segirr

Happy New Year - may the sun, stars and moon shine upon EGRO.

GG

domen, thanks and same to you. I do believe something positive will happen in the next 3 months or so for shareholders. As I have stated before, either EGRO can make a go of it or another R/M may occur. Looking at this stock at .007, sure doesn't appear to be much downside IMO. I firmly believe EGRO Management will make a go of this new product and frankly, I am beginning to get a bit excited.

Remember, this is just my opinion and should be viewed as such.

Best of luck to you,

weo

Weo, I wish you a very Happy New Year. Let us hope that things will turn around for EGRO(dryd). I have been here a while and hope this year will be the real thing.
Doug

Good evening all. Here's wishing everyone a HEALTHY and PROSPEROUS NEW YEAR.

Looking for some positive things to happen here soon.

Just my opinion.

Best to all,

weo

Some very strange trading today. Many stocks had some heavier volumes almost as to appear as if year end balancing is going on. How else do you explain the may trades at 1000 shares or less. 1000 shares is a 6.00 trade. Who besides MM's would be doing this?

weo

Thanks Alaman, I think we are about to get some information from the company. Hopefully this will create some interest for those that stop by occassionally.

I really believe the risk/reward ratio is in favor of the longs at this level.

Looking forward to some news.

Best of luck,

weo

Great job on the "I-box" Weo. It was definately out of date.

Some of you may not know that the holder of the CD can only sell 5% of the company at one time. Since our Market Cap is extremely tiny, this won't be a factor IMO.

In my discussions with Chris it is apparent that the holder of the CD is working with the company as to not deflate the stock price any lower, LOL. What is surprising is that this stock doesn't seem to move whether there is volume or not. What does this mean? Good question and since I have no facts regarding this, I can only offer my opinion and speculation of what may be occurring. The OTCBB is under going some very trying times as far as funding is concerned. The companies that seem to be legitimate are having an awful time at trying to keep their doors open. Funding at the moment is probably the most expensive and highly dilutive as it's ever been. If you are willing to take a risk in any OTC stock, the key is does the company have a legitimate product and how many shares has Management dumped on the market personally in their attempts to justify their funding. At the moment I haven't found any shares sold by Management. As crappy as the market has been, as terrible as some other companies have shafted their shareholders by selling shares at any cost, THAT HAS NOT HAPPENED HERE IMO.

With the New Year coming, I expect there will be some announcements soon in regards to "I'm on Air". Either I am totally missing the boat or we have a stock at current levels that has almost no risk IMO. Once again, MANAGEMENT HAS NOT SOLD ANY SHARES. Certainly I don't like CD's but when the CD's have some restrictions, the pain is not so bad. Which brings us to another issue, why doesn't this stock move when we have volume? There is the million dollar question and one I can't answer. Opinion only, as other companies have issued news regarding CD funding, the stock tanks almost immediately.

Do the MM's play off the fear of investors and purposely keep the price down? I have no idea.

Do the MM's naked short millions of shares knowing that soon they will recoup these shares at lower levels? I don't know.

Is it that no one takes this company seriously even though MANAGEMENT HAS NOT SOLD A SINGLE SHARE PERSONALLY?

One can arrive at many different scenarios with what we know and don't know. I know this, the doors are still open, our share structure is still reasonable and IMO the company is trying very hard to make a go of this without selling the farm.

One other bit of information, Chris Curtis still is the largest shareholder here, because of that, regardless of what many think, I believe he will do what's necessary to create some value here.

I will leave it at that and wish all of you the happiest of Holidays.

Please keep in mind these are my opinions and thoughts and should be viewed as such.

Here's looking to a GREAT NEW YEAR with this investment.

weo

Thanks everyone for the update about RB. Here's to a BRIGHT and successful New Year for EGRO and to a prosperous 2002 for all of it's shareholders.

Regards,
Dianne

Hello Dianne,

Hope you are ready for Christmas. I am off work until Wednesday and look forward to some time away.

I will see if Chris Curtis can give me an update and share it with you all when I receive it.

The volume of selling has been surprisingly slow IMO.

I remain very optimistic that some good money can be made at these levels.

Please remember these are my opinions.

Merry Christmas Dianne, hope Santa puts something special in your stocking.

weo

Good Morning. For those of you who would like to find the EGRO board on RB simply bring up your RB alias. What will happen is all boards that you have posted on will appear. When you click on EGRO, an "add this board" window will appear. Click this. Once finished, click on the "My Finance" window. Each time you log into your "My Finance" page, will immediately bring up the EGRO board and every other board you may wish to add.

I pay very little attention to RB but I still glance at it and am happy we have a new forum.

Here's to the New Year. All indications point to a better year for this stock.

Best of luck,

weo

The board still exists---Just no one posting there.
Happy holidays everyone.

Alaman...yes, that is the board I was referring to. I remember weo left a message to come join over here at the hub, but many may not have had time to see and read that post. Good Luck to you as well.
Dianne