Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I may be made to be a fool, but I want THIS board to be for investors who believe that ETIM will turn out to NOT be a typical PINK. Any of you can start a board can head it in that direction if you wish. I do not care to try and understand "how to trade pinks" just because ETIM is located there right now. If your desire is to "trade pinks," then go to one of those boards to learn, but don't post what you find here. If you feel it relevant to ETIM and how you trade, fine, but keep it off the board here. One day, I hope that anyone interested in "trading pinks" will have NO REASON to mention ETIM in the same sentence.
I know the difference between discussion and leading, insinuating garbage. It's also amazing that most of the repeat trash is brought up over and over by FREE members. In other words, the ones with the least amount of money in the company do 90% of the bellyaching.
Don't respond to this. I want the board back ON TOPIC please.
This is like being in charge of a bunch of school children. Discussion is fine, but to run something into the ground for the umpteenth time is beyond crazy. You stay away from the board for a few hours and return to, what, the 10th "discussion" about R/S and who and when and why and will and won't and might and did say and didn't say and my ass aches!
The few real investors here just keep letting the flippers who are only motivated by trying to down talk or instill doubt temporarily for the sole purpose of buying low and flipping for a few bucks. If anyone needs an education in R/S, for god's sakes GOOGLE it, and read until your heart is content. Until then, I'll be treating all posts on it as DUPLICATE and OFF TOPIC violations. If the company comes out and addresses this issue in even a remote way, then more power to you in discussing it, but until then, you have been warned. If you want to bash or whine like school children, there are dozens of those boards available. Go to one! Stop cluttering up this one with you whining and useless drivel over and over.
Heck, no one here wants this company to succeed more than I do -- NO ONE!!!! No one here wants Clint, and Nick, and Jim, and Donna to perform FOR THE SHAREHOLDERS any more than I do -- NO ONE!!!! No one wants to be able to look back with more information than we have now -- that we CANNOT have available to us now because there are laws -- and see that these insiders WERE WORKING not just for themselves (as 90% of those running small companies on the pinks are scumbags), but also FOR THE SHAREHOLDERS -- NO ONE!!!
Can this company make it with no R/S --- ABSOLUTELY! It's all about earnings and how the products sell. Can they sell so much product and ignore all the whining about "too many shares are out there" until they can really carry through with their intention of a buyback to improve not only the company and share structure but prove themselves to be good, honest, hard-working human beings who believe in their initial idea, believe in their company, AND believe in their shareholders? I say it can be done if they can continue to execute without pulling out their hair as I have reading these sections of daily drivel for the hundredth time.
Those who would take up your keyboards in protest and yelp about the already much maligned "the dilution must end" and the share structure, just give it up. We are where we are, and progress has been made. You are not going to get a personal phone call before every decision on financing. You are not going to get a PR saying, "We need $50,000 to finalize the tooling of product number 4. Now we could wait a bit for more revenue, but we just wanted you, yes you, the guy with $5,000 in this, what do you think? Once you tell us, then we'll PR our decision before we PR the actual obtaining or not obtaining the money."
Do I wish I had $5,000 in this right now? Sure, because I could buy up the float with what I'm down. I didn't anticipate the need to get things moving so quickly, but that was a poor judgment on my part and the increase in shares along with the trading population crushed me along with many of you. Do I still think if Clint and company prove out to NOT be the typical PINK CROWD, that I can become very wealthy with ETIM? Absolutely! That is why I keep taking what I can. Lots of unknowns. Lots of information coming, I'm sure. I choose to continue to believe and be a part of ETIM. I want to see the discussions on this board more befitting of a group who believes this also. Can we be made fools of? Surely. But until then, or until IHUB management wants all the boards to be run by traders with 5th grade English skills or whining children, you have to play by my rules. If you don't like it, buy a membership and start a board of your own.
Just got in and see board CLUTTER again with so much REPETITIVE stuff that's been gone over and over and over. Took out what I term "duplicate" postings" and board clutter because of it, so everyone, don't get your drawers in a knot. Take it to PM, PLEAEAEASSSSSE.
Notice they do not do class II or III drugs. Perhaps they do not have the licenses to sell them legally? I don't know what that means -- just noticed it. On first glance, they seem to be just another internet pharmacy, of which there are dozens and dozens.
OT: Why don't you guys just buy a membership and then you can discuss anything via PM. It's a win-win for everyone. Surely if you all buy stocks, you can afford it and it's worth the money?
There were several janitors at Wal Mart who did -- and most thought them insane at the time also.
How about "HolderTillNasdaq?"
When working with large organizations like Major League Baseball, Vatican, AKC, even Precious Moments, there are multiple attorneys who must go over everything at least 100 times. No one wants to have any chance they approve something incorrectly. I suspect one of these is the only holdup and as soon as they give final approval, the site will magically appear and astound us all!
Flipper adds some neutrality and knows he can answer questions and deal with people honestly, even if I don't fully agree with his response. No one is trying to control others. We all want to work together to learn and make the company better and more profitable.
I know I've come down a little heavy on the deletion key when people mention the "D" word, but that does not mean I am trying to avoid the topic or hide something that I think is not right. Believe me, this management MUST begin to up the ante on the financial front. They have done great things in every other area, and I still 100% believe they did what they thought absolutely necessary to keep moving forward at this time. Now, you are correct, once income begins, they must PROVE they are in this not only for the long haul for themselves and the company but ALSO for the shareholders. Some of them are young and inexperienced and have obviously made some early, naive decisions financially, but they did have enough brains and guts to keep moving forward. Now, with experience in Parliament, they must, and will in my opinion, do the right things. The ball is in their court, so to speak, so let's all focus on the company going forward. If they do it correctly, this has the potential to be one of those long-term, retirement makers for shareholders. That is why I am here --not to suppress real, intelligent investors like I hope you are, but I have no tolerance for the guys with mostly free IHUB accounts who do nothing but yell the same things over and over and over and care not a hoot about the company and its success or the 100% flippers who go from stock to stock that shows enough volume and do nothing but bash for the sole purpose of getting in for a flip as low as possible or the ones who put $500 in ETIM and many other stocks, and then when they don't automatically go up, they get mad and begin to do nothing but scream negative things with little thought.
I also do not agree with the position that no one invests in a pink sheet company, and if you do, you are unintelligent. Everyone knows the odds, but there are exceptions, and those exceptions, with patience, will make you very wealthy. The only other company I have spent a great deal of time looking at and hold, once again, a large, long-term, investor's position in is LBWR. They are a few steps ahead of ETIM because the guy running it already had experience and did not make those naive financial mistakes ETIM did early on. ETIM now has a chance to get over those initial problems and prove they are one of the exceptions. They have the product and interest to do it, and that is why I am so strong on this company. I am trying to take advantage of what I see as a bottom opportunity brought on by all "D" word needed to keep things moving in a positive direction. I think they get over this hump and then everything comes together, and I am counting on owning a very large portion of the company. Management, I think, understands there are many like me who see this company for its potential and have placed a great deal of trust in them to execute for the shareholders -- unlike most small companies, as you have pointed out before. I believe this is one of those opportunities for something extraordinary in the investing world at the extreme beginning. I had one before in the early 90's which would have made me several millions of dollars had I had patience and not listened to the negative talk on the internet at the time when it fell at one point early on by about 75%. I know some are just looking for a flip and some profit and that's ok I suppose, but I'd love to see this board turn into mostly investors who can look back and say "I told you so."
I remain,
SOROS
ps I'm bringing Flipper back as a mod. We have discussed everything and understand each other. I hope our mod team will bring a board that all can truly profit from for the long-term.
Many here think much better. Why? First to brand funeral industry products. Licenses with major, reputable companies. Sales just beginning. Major media coverage which should expand if sales are brisk and with each new license. Only hurdle is number of shares because money had to be raised quickly to keep things moving forward and capitalize on being in the right space at the right time. This industry is consistent and huge. ETIM will have a monopoly in their space. Once income can get them past financing needs with shares, then the really positive things begin to happen quickly.
Flip side -- about 4 people here who make a living flipping stocks will relentlessly harp on dilution and whatever else they can do to encourage doubt and depression so they can keep it trading volume with a .0001 spread. They don't care if it is .0007-.0008 or .0008-.0009 or .0009-.001, etc. They are ONLY interested in flipping and will continue to bash to get their way while acting like they are shareholders or give a rip about the company.
We began deleting about 75% of the dilution posts simply because they have an agenda and are obnoxious in their carrying it out. They ruin every board they go to and think only about themselves. They know who they are and will come out in force now with all kinds of garbage and repetitive posts now that I have spoken.
We want to attract new investors who can look at the company, look at the space, look at the industry, look at the products, look at the progress, and weigh that against the only negative, the numbers of shares, although it has been pointed out, to no avail from these people, that the market cap is the meaningful thing to watch -- which is a paltry 2 million..
We'll obviously see who is correct on the company, but in the meantime, it will be up to IHUB management on how they want to see an investors board maintained, or if they want non-paying, traders to rule and ruin every board trying to build for real investors.
Petsmart would be fine for additional sales, but the giant numbers for the AKC urns would come from having an inexpensive, but nice-looking display in every vet office in the country. When an animal is being put down, this would be an automatic purchase if their vet offered it and approved of it. Everyone loves their pet. Do you honestly think after spending probably $1,000 minimum EVERY year on the animal, that they would not spend another $150 to give it a nice, classy, loving final spot in their home to be remembered rather than forgotten in a hole or wherever vets send them now?
I just took another 999,999 if that says anything about what I think. I do 9,999,999 if I had the bucks right now.
It's only because EVERY DAY, 2-3 people continue to post insinuating or leading posts about RS and either imply by using other non-related companies a connection or flat out say obnoxious things about the company and how an RS is 100% a done deal. It's obvious the lame attempts and all the real investors get real tired of it. There are lots of TRADER boards on IHUB where all of you can vent your frustrations about pinks and dilution and RS and insiders driving nice cars, etc., but this board, at least while I am here, want to be mainly for investors in ETIM. If the majority of this board truly believes that ETIM is nothing more than a scam and stock seller, and they really have no intentions on building a profitable company after 5 years of research, hard work, licenses, manufacturing, etc., then just say so, and I'll just keep my shares and keep adding when I can and be the lone idiot and leave this board to become what so many traders turn them into -- jokes, insults, misinformation, lies, set ups, plants, multiple alias having conversations in subtle ways with themselves, and a pit for honest people to lose money while scum flip in and out and take it. Just let me know if that's what's here on this board in the majority.
TO ALL: ONCE AGAIN -- it is not allowed to come to a board simply to throw out positive or negative posts with no substance only meant to make others THINK you know some wonderful or terrible thing is about to happen. These posts are transparent in their intention, and you can whine all you want, but any reasonable person can see they violate off topic or duplicate or vulgar TOU violations. In addition, they clutter the board with then multiple, useless conversation that should be handled via PM. Personal attacks or endless repeating (spamming) of the same information over and over will be deleted. We will not allow this board to become a general discussion board littered with 90% personal conversation, jokes, lame attempts to hype or bash or insults.
Just changed it to be clearer.
Is anyone a CPA on the board? These may be dumb questions, but can someone answer them? I've been looking at CKYS for a few weeks, but just have not bought yet.
They show costs, or amounts they had to spend on goods to sell, at $17,725,164 plus other expenses during the year of $1,354,188 for a total they spent during the year of $19,079,352. They show total sales of $31,963,384 and Accounts Receivables (or the portion of these total sales which they have not yet been paid for) of $18,855,711. So they took in on sales during the year $13,107,673.
Question #1 -- If they only took in $13 million in 2006, how did they spend $19 million? Should they not have a note somewhere for that $6 million difference? Also, how would they be able to show $733,467 in a cash account at the same time they show not taking in enough money to cover expenses? Maybe this is explained in the ending Equity section, but I can't make it out if so.
Question #2 -- On taxes, once they do take in the other $18 million in Accounts Receivable, they will owe taxes of $4,409,410. That is about the 35% standard rate for net profits they show of $12,884,030. This is not reflected in their financial report.
Question #3 -- Just a few oddities (at least to me). (A) This is a technology company, isn't it? To show only $3,478 on product development seems strange. Did their products not improve during the year or did they not develop any new ones? (B) Insurance costs of $7,685 for a company doing $31 million in business seems very odd also. Even if they only have a few employees, liability insurance, medical insurance, property insurance, automobile insurance, D & O insurance, etc. would be considerably more to cover these costs and maintain adequate legal protection for the company and their assets. From their financial positions, I'd expect insurance costs to be at a minimum 5-10 times this. (C) Utilities of $1,156 is $96 a month. I can't heat and cool my doghouse for that. Again, just seems odd.
There are others, but I'll just throw those out to see if someone is a CPA and can explain these. I may be looking at this all wrong, so I stand to be corrected.
These are the people I refer to as what I don't want here eventually. If anyone truly believes the management is this type of person, there is no reason to invest here except to bash and try to flip shares. If they are, then we have no hope. If they are not, and you believe ETIM is a small company with a great product that is just in a hard place right now but about to turn the corner, then the potential for that 1% of gigantic successes is there. It's easy to tell on this board who believes what!
I was not blaming the price on the actions of traders. Raising money at less than a penny has done that in spades, but let's not rehash the why, the options, the alternatives, or the results, both positive and negative of getting and spending this necessary money. I was making the point that many traders DO jump on the boards with the EXPRESS purpose of making statements in order to "pile on" and see if they can cause a temporary panic sell to take a position with the ONLY purpose of selling on one or two upticks later. They never look for a company that is honestly trying to make a go of a business and is only public because of the fund necessity. Traders don't care if a company is being run from inside a prison if they can buy low and sell a little higher, and many (not all), will say or do anything to make a few bucks at the expense of others.
I'm hoping that this board will develop over time into 99% investors who realize that ETIM is one of the few that start out as pinks and make it over the financial hump to become a solid, revenue-producing machine.
It's a gamble at this stage, and you are right, only the company and the integrity and willingness to work harder than anyone else can make that dream a reality. Most don't do it for many reasons, the most common being the product does not sell or is not worthy of the hype given it. I believe we don't have that problem at all. The second one that kills some is the one that inflicts all humans -- the greediness and impatience of those running the show. If they can see far enough out and work for the huge payoff and not get impatient and just say, "the heck with this work and these ungrateful shareholders" and then settle for selling shares and what looks like easy money, then, if the product is sound, and they do what it takes, and they look at their shareholders as people vested in their company knowing that the whiners will drop off one by one as the company succeeds, then they might join the ranks of the real entrepreneurs who become not "multi-thousandaires" or even make a "million or two," but the top few percentages of company insiders who live to see a huge company built with hard work and proud shareholders who can look back and say, "I saw they had what it takes when no one else believed in them."
Can you hear my patriotic theme music playing?
Let's keep the rah-rah posts down, or I will have to remove to be fair to the 3-4 guys today who were only here to try and drive it down in a panic so they could do some flipping, and some of those one-liners that were obvious were removed. Thanks.
Seriously, the Vatican line will bring in huge income from the funeral industry because it is a product made for millions who don't have anything like it available.
The AKC urns could bring in huge revenue also if they get them into the vet offices across the country. They at least need a poster or counter cardboard, color display that a vet could put in the office. I'll bet every animal that gets put to sleep, the vet could sell one to! Give the vet a little commission and this would go like gangbusters.
The baseball, and hopefully NFL, Nascar, colleges, etc. will bring in income even from the funeral industry because there is a need and nothing really to fill it in a tasteful manner actually THROUGH the funeral homes. There are some other novelty makers of expensive caskets, etc., but 99.9% of families let the funeral home take care of this, and if ETIM products are there, that's the ones that will be bought.
However, if they can walk the fine line of keeping the funeral industry happy, having the sports urns available directly to the general public to be used for all the GIFT purposes expressed by some of you is a FANTASTIC idea. If some of the upscale product catalogs that go to people who have plenty of money and need nothing would feature the sports urns as gifts, tons could be sold in this manner. How many times have you had to buy the guy who has everything something and can't think of anything? An urn for his mantle or desk or shelf at work would be an amazing conversation piece. And, if they were really a sports fanatic, they just might tell their family to use it for them when the time comes -- great gift, great conversation, unique to own, some pre-planning done in a manner that doesn't make anyone uncomfortable!
Yes. It's the same.
I had several orders in all day at .0007 and NONE filled. Did fill on another 2.3 million in orders at .0008
Don't tease. If I wasn't so old, I make a dirty joke about what your remarks are doing to all those long ETIM.
Now that's a load of crap. You can put up something that "looks" like a quality web site, but to integrate into a complicated business plan and make 100% certain it is right can take several months. The site should not just be informational. It will have to have built in functions that might not even be used immediately. It can be very complicated to do correctly. I've taken part in several such projects and know first-hand of what I speak.
The aging of America has given a boost to the funeral business, which brings in an estimated $20 billion each year. As of 2003, there were 22,000 funeral homes and 115,000 crematoriums. The death rate stood at 2.3 million per year in the United States. The largest five funeral homes held an 18 percent share of the market and claimed about 20 percent of all the revenue earned by the industry.
OT -- grammar/spelling 101
Only because it is one of my pet peeves -- and obviously IHUB's rulers as well -- can everyone take 5 minutes to learn the difference between these words and use them correctly? It will save me and others some stress. I realize everyone (including myself) can type too fast and errors slip in, but let's do our best to improve.
I.
Many people are so spooked by apostrophes that a word like “they’re” seems to them as if it might mean almost anything. In fact, it’s always a contraction of “they are.” If you’ve written “they’re,” ask yourself whether you can substitute “they are.” If not, you’ve made a mistake. “Their” is a possessive pronoun like “her” or “our” “They eat their hotdogs with sauerkraut.” Everything else is “there.” “There goes the ball, out of the park! See it? Right there! There aren’t very many home runs like that.” “Thier” is a common misspelling, but you can avoid it by remembering that “they” and “their” begin with the same three letters. Another hint: “there” has “here” buried inside it to remind you it refers to place, while “their” has “heir” buried in it to remind you that it has to do with possession.
II.
Lose, pronounced /luz/ is a verb.
Lose has three possible meanings:
* to "misplace" something,
* to "fail to win," or
* to "be deprived of" something.
The past tense of lose is lost.
Example of lose meaning to "misplace" something
Example of lose meaning to "fail to win"
Example of lose meaning to "be deprived of"
Loose, pronounced like goose and moose, is an adjective.
Loose has two possible meanings:
* "not fastened," or
* "not tight fitting."
Example of loose meaning "not fastened"
Example of loose meaning "not tight fitting"
If you don't win you lose, you don't loose!
You may wish to lose weight, not loose it!
You may be losing your hair, not loosing it!
I'm addressing this to you, because you at least do offer some posts that have actual information. There are 3-4 people, however, who do nothing but post the same thing over and over. The Moderators of this board are NOT simply removing negative posts. I can show you many posts that have been removed because they only said positive, yet idiotic, one-line phrases. The so-called removal of negative posts are those that say nothing more than "diluting" over and over and over wasting space and meant to be nothing but an irritant and to frighten others. For many things, once is not enough, but for this type of behavior, it certainly is. Other removals many times have a vulgar or insinuating remark in them somewhere. Others are completely off-topic combined with insinuating a negative relationship to ETIM. Those who keep doing this can complain to Matt or the Board, but I am hoping Matt and 99% of the Board see through these small-minded people with nothing better to do and will just ignore them until they go away and magnify their thoughts on some board with like-minded people. Nothing is being hidden from anyone that means squat. It is only clutter to everyone with an average 105 IQ and worse to those higher. Apologies to the few who don't fit in one of these categories.
I remain,
SOROS
Who knows? They can see what's in place, so they have the control. I sold an asset (soon I'll be walking a lot more) and had orders in today for 15 million at .0009. Needless to say, did not get any.
I still hope they get the University angle locked up. This could sell hundreds of thousands of urns to be used as nothing but gifts. Why do we care if they sit on mantles or in offices empty? It's still profits, and huge ones at that. If they do, this is one product I would make available to purchase on the web site and in many other college-related vendors.
PS In case anyone doesn't get it, my photo signature is an "Eternal Image."
That is where you are dead wrong. Perhaps most on IHUB are short-term traders, but there is building here a group who, right or wrong at this point, see the validity and huge potential of the first funeral home branding company that might be able to shut the really important doors behind them as the acceptance of the quality products take hold and the selling just begins. Let the others do garish designs and cartoons and rock groups. These will come and go and sell in very limited quantities. The Vatican, the AKC, MLB, precious moments, and we hope the NFL, Colleges and Universities, and NASCAR among others -- will soon join. The reputable entities will want to be with the eventual winner and survivor.
Once again -- very young, but very determined and ambitious management made an initial financial mistake. They brought in someone twice their age with tons more financial experience to correct things going forward in this area. The other areas have continued and we hope are going to be revealed over the next year in a great and positive flow.
If some of the negative posters want to continue to dwell on the few negatives and past mistakes, then so be it. I'm sure they (the negative posters) could do a better job of solidifying contracts while keeping the competition at bay. I'm sure they would just put out every bit of information to make pink sheet traders feel better no matter how it might affect negotiations in building the core business. The problem with the negative traders is they assume that the management is dishonest to begin with, and so they approach everything being done, from the gagged TA to the not daily share count, who financed, where the money went, what exact stage each product line was in, what every attorney was paid, what Clint had for lunch (it better have been peanut butter and jelly), etc. etc. etc. Some of us are taking the chance that based on the progression we have seen, that the management is basically honest and trying to the best of their abilities to not just sell shares, but to get their foot in the door before it closes or before it gets disrupted by someone else who sees the huge potential. And if some of the information is not given to the negative traders minute by minute, then too bad.
With the doors they are in, they just might be very close to getting in a few more key ones that will then shut out any competition for years to come so they can focus totally on making the business huge and making themselves and us very rich. Sure they could do it in a way to screw shareholders, but then we're back to viewing the management as basically evil and dishonest, and many of us choose to not look at them this way.
Sure you can be like some here and say nothing but the gagged TA matters, but that's a little like sticking your head in the sand in reverse. Sure there are lots of pinks that back their thinking up, but you still have to plot out the entire lifeline of the company and look at every action, not just the ones related to the dilution. It's all tied together if you just examine everything.
I'm not waiting for .002 and then .005 and then .009 and then .02. I'm watching to see how the sales ramp and the business is accepted and where it heads.
The original financing entities of Yahoo and Ultra Petroleum and many others are in the business to buy low and sell higher and move on. That's fine, but for the individual investor who does not have millions of dollars and a company in place to guarantee this flipping success because they make their own rules, getting Yahoo at a few pennies or Ultra Petroleum at tiny levels when they just owned land and had no money to drill, sticking with the story and keeping an eye on progress would have been the way to huge riches beyond their dreams.
I choose to see the positives. Only the eventual proven honesty of the management and how they view their company and their loyal shareholders coupled with sales will prove me correct or not. I guarantee that honest management who are not internally selfish and want everyone to profit along with increasing sales will be successful beyond their wildest dreams. I've seen many companies struggle until they made a corporate decision to never help themselves at the expense of their loyal shareholders, and they began to give back something from their profits to the less fortunate. Small at first, but always a percentage. JC Penney did this. Gave away tiny amounts at first, but gave something. Before he was finished, he was giving away most of his earnings but still had more than he could spend in many lifetimes. Whether you believe what goes around comes around or that God blesses honesty, it works in business.
Okay. Can everyone please just stop the meaningless posts? I just deleted two entire sections -- apologies if I caught some that were actually on topic, but they were probably tied to another post which included simple nothings. Everyone "gets" both sides of this argument. Those who own the stock choose to believe that the dilution was necessary to ramp up and get in a position to begin actual earnings rolling. Those who don't own it choose to believe that the dilution is mere pink behavior. I've seen many of the same people defend and offer excuses for other companies with much more obvious red flags simply because they owned the shares and bought in early and wanted to make money on them, so for me, it's always about where one's money is or not that determines one's thoughts and positions. If someone owns a company, they usually don't post negative things time after time until after they sell. Likewise, if someone does not own a company, they rarely take the time to post positive things time after time. In either case, what's the use?
I've been burned badly by small companies enough to not ever have rose-colored glasses on where they are concerned. Each bit of dilution elicits an audible groan from me, but I've tried to remain objective and weigh the risk vs. reward at each step. I'm counting on the product line to move in a very big way and have earnings at some point ramp up so strongly that it makes possible the best-case scenario of having the cash to actually reverse the dilution damage without reversing the stock. Are my glasses a bit rose-colored at this point? Perhaps, but I've seen enough confirmation so far to keep me in the game for what could be a real company developing with people who are not just born con men so I might realize several 1000% gains at some point. We should have an even better feel after the CFO speaks, I would hope.
First, it's seriously not a laughing matter, and second, I'd like other opinions on number crunching.
http://www.investorshub.com/boards/read_msg.asp?message_id=15832701
Just wanted some feedback since I got no response last night.
I just picked up some today at .10 that someone sold for .09. Having a standing buy in at .10 this past week netted good buys on LBWR when the few sell for tax losses.
OT -- Is that wasting time here or wasting time sleeping? I've always felt sleep was wasting time, but when you get older, you just can't go on much less than 5, although I do it many times.
Everyone must be asleep, SOROS. I guess no one can make it on 5 hours a night like you, old man!
If your numbers are close, let me play the devil's advocate and say they only sell 10% of your small, suggested sales. That's 90% less sales than you even implied. At a 30 PE, that's over 5 cents a share still.
You know it's bad to talk to yourself, but in the early morning hours, I find no one is up, so what the heck?
I own AURC also, but would be tickled pink to see ETIM trade at a dime with it right before AURC goes on to a $1.00 I know, it seems fanciful at this point, but someone do the math on selling only 25,000 pet urns, 25,000 urns, and 10,000 caskets. Let's see -- that's about 26.875 million in earnings, allowing $75 profit on pet urns, $200 on urns, and $2,000 on caskets. Figure on 1.5 billion OS. That's .017916 per share in earnings. What's a fair PE at that point -- 30, 20, 10? At 10, that's a share price of almost .18 cents.
This is right off the top of my head (and I'm way medicated right now), so feel free to pick it apart, but if even close, there is no reason for ETIM to dilute more than has been done or even consider an RS if they can sell this much product in the next 12-18 months. Can they sell even more? Did someone say MLB, Vatican, AKC? Will someone say Nascar, NBA, or NFL? Potential????? Who knows! I don't, but I think it is vast. Sure, things need to go their way, but they have at least shown the ability to get things done with reputable names.
I don't know about anyone else, but if 25,000 urns and 10,000 caskets can do this, then this share price now is crazy, IMO. If I had the money, I'd double up. As is, I just keep picking up what I can.
OT:
You know, a keyboard costs like $5. Check EBAY if you can't drive to get one.