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What exactly does this mean?
production was slowed due to an evolutionary change in the execution of our business plan
I think ONE time I had seen Production was slow, was when they got another Distributor.
I remember another one was. The had some quailty issues and Donna had to go to China and fix that problem.
They sure can come up with excuses why production is slow.
Balance my friend.
There is soooo much koolaid drinking on this board and to the moon type remarks. There has to be some good DD that is done to bring out the negative parts also.
If one has been following this stock as some of us have been for the last 2 plus years, you kind of figure out what is really happening.
But do not rely on what the koolaid drinks or the other side says.
Do your own DD, check the filings and other sources of info. Go back and check the past PR's. See what they have accomplished and see what they haven't. Watch the share count. What are they spending money on?
Watch who files the form 4's.
I once was a Mod and got tired of drinking the Koolaid. I got tired of watching newbee's directed in the wrong direction, believe this thing would "Go to the Moon".
I could not live with myself watching as this went on.
The success of a product is only as good as the success of it's mangement.
If management Fails, so does the product.
TIME FOR A CHANGE.
"Without a LOC, how is Eternal Image supposed to manufacture and ship their product?"
They are going to continue doing the same thing they've been doing. Diluting shares.
They don't make enough Revenue to make their own payroll, as it stands now.
Then add in the other expenses, diluting is the only way.
It's a combo. of reasons.
The stock is based on how the company is doing. If the Revenue numbers are good, you will see that in the stock price. If the company continues to reward themselves with shares, you see a reflection in the share price. If you see a increase in the A/S or the O/S, you also will see a change in the share price.
This is why they have charts. It's a reflection/ Indicator of how well the compnay is doing or how bad the company is doing.
SO, If the stock price continues a trend downwards, month after month, year after year. Then common sense would say, change what you are doing.
A new management team would be a good start.
So the SAD chart is wrong?
Amazing how post are misread.
SAD is the chart.
http://stockcharts.com/h-sc/ui?s=ETNL&p=W&b=5&g=0&id=p89887109575
Hi Mate,
Did you see the ticker today of that buy of 100 shares at .0062 that cost a grand total of .62 Cents.
Spend approx. $7.62 and get .62 worth of over priced stock.
That is purely SAD.
Here you go: Sad to look at.
http://ih.advfn.com/p.php?pid=trades&cb=1250308897&symbol=ETNL
Accumulation increasing?
Might want to look at this chart.
Accumulation has been falling for a few weeks.
http://stockcharts.com/h-sc/ui?s=ETNL&p=D&b=5&g=0&id=p76147157223
"relieving the weak of more than 6,500,000 shares in anticipation of some long-awaited news about some of the BIG endeavours happening behind the scenes."
6,500,000 SHARES WERE THE TOTAL SHARES TRADED, ALL THOSE SHARES CAME FROM THE WEAK.
AMAZING HOW NO ONE BOUGHT THEN.
BIG ENDEAVOURS HAPPENING BEHIND THE SCENSES
KEEP IT REAL DANCY, PPS SHOW THE REAL DEAL HERE
LMAO
"And yes we ended with action at .0063"
After hours trade.
"Did you see something different with today's trading?"
I DID.
I just checked the Trades for the day and the stock was down all day except one time someone made a trade at .0062 with 100 shares, that's .62 cents worth (WHAT A JOKE) and the other time was at .0063 @ 3:49 for 25,000 shares. The rest of the day the stock was down. Sinking down to .0058 at one point.
Closing at .0061 today was a good indicator for the day. Maybe a little high. Most shares traded around .0059-.0060 range.
HUGE DUMP OF 400,000
WHO?
"The company has certainly provided ammo for the downward pps."
You actually mean more excuses.
About the beginning of this year, they said they at $200,000 in sales,
Where's it at? They did the same thing last year around January, I believe.
Face it, Company has been mis-managed.
Lineing their own pockets and leaving the shareholders out to dry.
144,000,000 Millions shares given to themselves, just in 2008.
Maybe a lot of people out there wouldn't be so harsh on this company if managemnet hadn't been so greedy.
When does it end.
Your are totally correct. I forgot about that additional employee. Question is? Will he assume the title of CFO? Is he just part time? Or will Clint continue carrying that title.
My whole point behind these questions are:
EI can't continue to have more expenses the revenue. When your expenses exceed what your making, then it's time to make changes.
If management doesn't grasp this, then it's time to change management.
"Divided between HOW MANY EMPLOYEES?"
As far as I know four, that's including David. And I don't think he should be drawing a pay check from EI while the government is paying him, especially when the company is doing so poorly. If they were making a lot of money, then fine.
EI needs to cut expenses anyway they can, until the sales vol. picks up. Let Nick get out there and work the streets, make him earn his money, take Donna and Clint with him also.
Some things might change when EI changes their financial condition.
Might need to do some research on this subject.
You mean when EI changes their financial condition, correct? May need to check on the SEC requirements of such statements.
Six Months Ending June 30, 2009,
$158,625 in Salaries or $26,437 per. month
$116,538 in Stock Based Compensation.
"Rewarding themselves as the shareholders Investment and the PPS
lose value".
$92,477 Public Relation & Marketing Expense
"I thought they get Free Advertising"
"And they only made a profit of $81,804 in 6 months".
Talking about an ATM machine hard at work.
What a SCAM
As reflected in the accompanying financial statements, the Company has incurred significant losses from operations and negative operating cash flows, which have been financed primarily by proceeds from stock and debt issuance. As a result the Company had accumulated deficits of $20,342,569 and $14,538,168 at June 30, 2009 and 2008 respectively.
------------------------------------
WILL DEFICITS HIT $40,000,000 BEFORE THE END OF THE YEAR?
MORE MASSIVE DILUTION ON IT'S WAY:
Going Concern
The Company has suffered losses from operations that may raise doubt about the Company's ability to continue as a going concern. As of June 30, 2009, The Company has both negative working capital and a stockholders' deficiency. The Company may raise capital through the sale of its equity securities, through debt securities, or through borrowings from financial institutions. Management believes that actions presently being taken to obtain additional funding provide the opportunity for the Company to continue as a going concern. There can be no assurance that additional financing which is necessary for the Company to continue its business will be available to the Company on acceptable terms, or at all. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Those gifted shares in my opinion where another way for the insiders to sell shares without filing a Form 4.
Gift it to a family member and let them sell.
Company is in need of cash, as is insiders.
Insiders can always add to their millions already owned (Given to them) with a stroke of a pin.
One possiblilty is the Shares that were gifted to Nick's Adult Children and those gifted from Clint to whoever may be being sold.
This would account for the few millions being sold.
Basser I'll have to agree with you on this one.
A buy back would be a waste of time.
The number one reason is that the EI promised doing a buy back, back in late 2007 or early 2008 and never followed up with it.
So, for EI to annouce a buy back would be a waste of time for the shareholders and company. And the end result would be the same. NOT GETTING DONE.
ANOTHER CARROT DANGLED, THAT DIDN'T HAPPEN.
If Clint doesn't do a management change, this company and stock will fail.
I heard that.
Do you think they made any Profit?
What do you think the Revenue will look like?
Do you even think they will produce a 10Q?
Or do you think they will file for an extension?
LOL, So you don't think the 10Q will be any good?
The best for shareholders at this point is for new management to take over, not for EI to be bought out.
Why do I say that?
What is Eternal Image worth? Not much, except maybe the MLB License.
Can another company apply for and get another MLB License? Probably.
They don't limit the amount of clothing or other licenses, money is money to MLB. Maybe I'm wrong.
Let's just say, they can't get another License and they buy EI's.
What's it worth?
Let's say 1 milion. (Just for an Example), even though that's a little high.
Who's going to get the million?
Shareholders that own Common shares.
NOPE
Preferred Shareholders?
You bet ya,
Who owns the most Preferred Shares?
Clint.
Clint fire yourself and get new management in to run this company like its suppose to be run.
Do something for the shareholders, for once.
"What a 'shame' some are trying to convince others that it's the end."
What's really a shame is people trying to convince others that EI and it's management team have done such a wonderful job.
Even when the PPS fall to a record low.
Wouldn't you agree?
Hi NH, Hope all is well with you. I agree.
Like EI would say. "SOOOOOOOOOOOOOOOOOOOOOOOON", we shall see.
SOOOOOOOOOO. Let's see. More FORM 4'S Filed and your not concerned? WOOOOW. Insiders selling and PPS falling to it's lowest and NO concern?
Let's have a SURVEY and see how many people would be concerned.
I bet out of 100 people taking the survey 99% would be concerned.
We'll see several Form 4's soooooooooon.
You must be looking at a differant web site then me.
ZERO VAT. LIB on product page.
And down 95% from a year ago.
From 4000 shareholders to less then 200
EI doesn't need help in beating it down, it does a good job by it's self.
Last Trade: 0.0069
Trade Time: 3:33pm ET
Change: 0.0002 (2.82%)
Prev Close: 0.0071
Sure, Since Febuary 2009 Clint has sold 2,183,000 shares at an average PPS of .012. The sale that occured on 8/3/09 for 100,000 had no price, so it's not added in.
Clint has sold $23,555.40 so far during 2009, not including the sale on 8/3/09.
Not bad money for shares that were given to you.
Company loses money, shareholders lose money value (Those that haven't flipped) and he makes money.
And what do you think those Form 4's are that are being filed?
Correction 44,000,000 shares each, not 40,000,000
Hey, they worked hard putting it in their pockets. They might better do something with this company or that compensation will be totally worthless.