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Eternal Image (BB) (ETNL)
$ 0.0046 ?-0.0008 (-14.81%)
Volume: 820,460
Thanks Clint for all your hard work.
8 1/2 days left in the year for trading.
How much lower is this going to go?
I sold again at .0065. Where is my new entry point?
.0045?
.0040?
If Clint doesn't get his act together and let the shareholders know what is going on it might be .0025.
Time will tell.
Eternal Image is far from being a start up company. EI was founded in 2002. That make them at least 7 years old.
"About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI"
http://www.eternalimage.net/investors.php
9 1/2 days left in the year for trading. What about it Eternal Image, don't you have something to tell us?
Does EI in your eyes ever do anything wrong?
I bet if there's a delay in the LOC or the other two Liceses, it will not be in yours eyes EI's fault.
EI blames lack of sales revenue on David (Sales Manager) being overseas. Doesn't it stand to reason that if your Sales Manager is overseas and he can't proform his sales duties here in the US, that you hire someone to take his place until he comes back.
Does EI rally care about selling the products or are they more interested in lining their pockets with this ATM machine.
Or is this just another excuse for lack of interest in the product?
By EI not hiring someone to fill his boots here in the US, tells some that there is not a need because there is no demand for the product.
If the LOC is not done by the end of the year, Clint needs to go.
"For all anyone knows EI could pay the $200k back without the LOC..."
WITH WHAT?
THIS WAS ONLY A 15 DAY SHORT TERM LOAN.
10 1/2 days left in the year for trading. What about it Eternal Image, don't you have something to tell us.
What about the $200,000 loan?
Did you pay it off?
"June 30, 2009
Shareholder Bulletin
Dear Shareholders,
The recently filed 10Q, in its disclosure regarding future money raises, mentions both equity and non-equity type solutions for financing.
In an effort to end further dilution of our stock, Eternal Image has been working with Mastermind Venture Partners on a non-equity capital raise in the form of a perpetual credit line.
We will be announcing the details of this credit line in conjuction with Ms. Susan Wong of Mastermind Venture Partners in the very near future."
WHAT EVER HAPPENED TO THIS CARROT DANGLER EVENT? IF THEY DIDN'T WANT TO DANGLE THAT INFORMATION IT WOULD HAVE NEVER BEEN AN ISSUE.
ETERNAL IMAGE IS GOOD ABOUT SAYING THINGS AND DANGLING CARROTS OUT THEIR TO PROMOTE INTEREST.
Let's see if their Carrot dangling events are done by the end of the year or will they be delayed.
11 1/2 days left or less
Your right IKAG. It would be nice to know the breakdown of how many urns/ caskets have been sold for each License. Unless they've already done that and I missed that info.
Happy Holidays
" Before the end of the year, we will be announcing at least one new license
+ Before the end of the year, we anticipate announcing a game-changing partnership that has been taking shape behind the scenes since early 2009
I'D CALL THESE PROMISES
11 1/2 trading days left in this year.
Is Eternal Image going to forfill their promises or delay them again.
Time is ticking away.
That happens with a lot of stocks. Good Luck.
I use to be a believer.
12 1/2 trading days left in this year.
Question is:
WILL ETERNAL IMAGE COME THROUGH WITH THEIR PROMISES BEFORE THE YEAR IS UP?
MY GUESS IS THAT THEY WILL NOT. IT WILL BE DELAYED FOR SOME REASON. THE COMPANY WILL SAY IT'S BEYOND THEIR CONTROL AND WILL DANGLE A FEW CARROTS OUT THERE UNTIL NEXT YEAR.
THEY WILL ALSO SAY THE HOILDAYS HELPED CREATE THE DELAY
MAYBE FOR ONCE I'LL BE WRONG.
TIME WILL TELL
Interesting isn't it. 2 days before an anoucement and the PPS started to raise.
Go Clint.
A 53% increase in the PPS as a matter of fact.
Did any body notice that a few day's before they released the lated filing the PPS increased.
2009/12/07 0.0047 0.0060 0.0047 0.0059 3,551,354 0.0059
2009/12/04 0.0045 0.0050 0.0045 0.0048 293,900 0.0048
2009/12/03 0.0038 0.0046 0.0036 0.0045 3,634,198 0.0045
2009/12/02 0.0039 0.0039 0.0039 0.0039 114,100 0.0039
SEEMS LIKE SOMEONE KNEW WHAT WAS FIXING TO TAKE PLACE.
Was there some insiders buying on knowledge that we did not know about?
INTERESTING
SEEMS A LITTLE FISHY TO ME.
POST OF THE DAY
Seems like it's heading that way NH.
.0045-.0046
The longer they wait putting out more news the lower it will go.
Investors want to know the complete package for the LOC.
Who is going to be with?
The terms?
What are they going to do differantly with a LOC that they haven't already done with the MILLIONS spent already to get this moving in the right direction?
Remember they are $20,000,000 in the hole already.
Why are they having to borrow $400,000 through Emerald to get this LOC?
A lot of questions and not that many answers.
BID .0045
ASK .0046
Sounds like a good plan to me. .0033 would be sweet.
What are you trying to say Lurker?
This is a good flipping stock and you know it.
That's right Dancy a good flipping stock.
Hope to get some in the .0040's.
Game Changer coming, remember? Or is it?
We shall see.
Not back just yet. I'll wait awhile. price to high right now, will wait for the .0040's
"not a flip stock....IMO of course....its the funeral industry...not bottled water...or a pink offering a divy to get peeps to buy their stock...eeesh..."
Lurker, this is a great flip stock.
Bought back in at .0037 and sold at .0058
Will buy back in soon.
Does this Loan mean they owe Emerald $400,000?
How are they going to pay this back?
From the way I read this. They are borrowing money to get money, is this correct?
"issued a fifteen (15) day promissory note in the amount of $200,000 in connection with a loan of the same amount it received from Emerald Asset Advisors"
"On December 1, 2009, Eternal Image, Inc. (the “Company”) issued a fifteen (15) day promissory note in the amount of $200,000 in connection with a loan of the same amount it received from Emerald Asset Advisors (“Emerald”) of 425 Broad Hollow, Melville, NY 11747. Emerald is a shareholder of the Company. The proceeds of the loan are being used to assist the Company in meeting the lender requirements of a line of credit it is presently negotiating with a third party lender. The primary provisions of the Emerald promissory note are.
Thanks for another laugh.
Eternal Image has fallen from many of their promises and projections.
Where is the 20 Milion they were going to retire?
Where is the buy back they were going to do?
Where is the 3.1 million is sales for 2007.
Where is the LOC?
What happened to the Inventory that was being sold on EBAY?
Where is the .50 PPS they said would occur in 2007-8?
When was the last time they made a PR?
Twitter? What a joke.
Where are the updates for the Trade Show? None have been given out. Company has failed to keep Investors/Shareholders abreast of this inportant event.
THANKS FOR THE LAUGH BASSER, I NEEDED THAT.
"To EI's credit they have hung in there and have tried to run the business with integrity and transparency to the shareholders."
ALL AT THE SHAREHOLDERS EXPENSE.
"TRANSPARENCY"
Transparency, implies openness, communication, and accountability
"integrity"
Integrity as the quality of having a sense of honesty and truthfulness in regard to the motivations for one's actions.
ETERNAL IMAGE HAS NEITHER OF THESE TRAITS, ALL IN MY OWN OPINION
To get all the major investors with deep pocket to invest in ETNL, that would not touch a Pink Sheet stock.
?????
It is nice that everyone has their own opinion.
"It only stands to reason that if the A/S was reduced that the O/S would follow suit don't you think?"
I would think that you already knew what the amount of reductions were by making a statement like above.
The fact is they didn't reduce them both the same and alot of poeple were upset about this.
Just another reason why people don't trust EI's management.
JUST TO MAKE THE RECORD STRAIGHT.
Let me do some DD and I'll find out.
If I remember correctly the O/S was not even close to the reduction of the A/S.
I do think it's important, Don't you Think?
Hey Basser,
Did they reduce both the A/S and the O/S the same 1/20?
I can't remember.
"Not really sure what you are talking about but yes the A/S was also reduced by the R/S. It only stands to reason that if the A/S was reduced that the O/S would follow suit don't you think?"
"...we have plenty of time as long as EI remains...LMAO...."
YOU MEAN AS LONG AS THEY HAVE SHAREHOLDERS TO DANGLE CARROTS AT.
LMAO
CLINT NEEDS TO GO.
"3600 shareholders and no nibblers? What is everyone waiting for? Seriously....Company just said "WE ARE STILL HERE"....."
Where did you read EI saying, "WE ARE STILL HERE"?
Please provide a link?
Would you please explain to everyone how they are still in business? And who is keeping them afloat?
Who's paying the bills?
What kind of return are these individuals or shareholders getting?
These figures below continue to increase with no end in site:
"As a result the Company had accumulated deficits of approximately $20,995,000 and $15,509,000 at September 30, 2009 and 2008 respectively."
http://www.sec.gov/Archives/edgar/data/868756/000105291809000511/etim10qnov2309.htm
"I have never read any of Lurker's posts that mention that all 300 million shares went directly to FINRA."
Give me a break, you know exactly what he meant.
Address the issues not the poster.
""...Had JP filed the right paperwork."
The man is no longer with the company so I quess we can blame him for EI's failure.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
During the three months ended September 30, 2009, the Company issued unregistered shares of its common stock as follows:
·
57,463,901 shares to five (5) creditors who converted $310 598 of debt into equity;
·
3,896,970 shares to three (4) professional service providers for their services. The shares were valued by the Company in total at $21,597;
·
1,000,000 shares to one (1) investor for cash consideration of $9,300; and
·
1,263,158 shares to one (1) lender as an equity incentive to provide a July 2009 $34,900 loan to the Company. The shares were valued by the Company at $12,000.
·
4,529,412 shares to the same lender as an equity incentive to extend the above referenced July 2009 $34,900 loan. The shares were valued by the Company at $24,912.
The securities issuances referred to above were exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, as amended (the "Act").
-----------------------------------
For a grand total of 68,153,441 shares
"Actually after reading the 10Q I think that EI did a pretty good job of growing the business "
Whose 10-Q were you looking at?
You call this growing the business
Sales down for the last three Quarters
Hope this helps Basser:
SALES REVENUE HAS DECREASED FOR THE THIRD QUARTER IN A ROW
.............3/31/2009......6/30/2009........9/30/2009.....
Sales........$126,015........$84,488..........$73,929
Over 80 MLB urns.