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I see I must have answered your questions Dancy,
The Officers must have it.
The officers were compensated over $4,000,000 in stock compensation in 2008. This is why Eternal Image had an addition net lose of over $4,000,000 because of this compensation.
The Officers are lining their pockets big time.
Company loses approx. 95% in value and they compensate themselves.
Freaking Amazing.
THE COMPANY LOST $4,373,473 IN 2008 DUE TO COMPENSATION TO OFFICERS.
IF YOU DON'T KNOW WHO THE OFFICERS ARE, CHECK THE FILINGS AND IT WILL SHOW YOU.
HOPE THIS HELPS, THAT'S WHY I'M HERE
Where is the money?
Net Loss. Net Loss increased $4,373,473 or 119% to ($8,063,340) in 2008 from ($3,689,767) in 2007. This increase in loss was primarily related to an increase in Stock based Compensation of $3,675,500 related to compensation to officers
I KNOW THE OFFICERS HAVE IT.
http://www.sec.gov/Archives/edgar/data/868756/000105291808000479/eternalimage424b3dec1908.htm
Posted by: LC-GATOR Date: Thursday, August 06, 2009 2:12:11 AM
In reply to: dancy who wrote msg# 172517 Post # of 172548
Who is the company?
The shareholders.
"themselves as payment for many months work millions of shares without the company spending a dime of precious and scarce CASH"
Company not spending a Dime?
Give me a Break.
Clint and MOM have been milking this company of Millions.
Which to make it easy to understand. MILKING THE SHAREHOLDERS.
Millions have been spent and what does the company have to show for it.
Do they own a factory?
What about an Office?
What about a company car? NOPE the lease at $36,000 per, year
Must be a Mercedes
Where is the money?
Net Loss. Net Loss increased $4,373,473 or 119% to ($8,063,340) in 2008 from ($3,689,767) in 2007. This increase in loss was primarily related to an increase in Stock based Compensation of $3,675,500 related to compensation to officers
I KNOW THE OFFICERS HAVE IT.
If a CEO sells shares while the PPS continues to fall, it's everyones business.
If that was correct about it's no bodies business, then why do they have a section on the Form 4 for the seller to fill out describing what the shares were sold for.
The latest Form 4 for Clint, SAYS IT WAS TO REPAY A DEBT
SOME DON'T GET IT
Hang in there you'll get it soon.
He owns 10% or more so it's our business,
Stock 101
It's reportable
Hope that helps
The ones I was talking about were the other ones.
I quess we can talk about this one today.
Clint forgot to put the price on the Form 4.
100,000 shares sold
One time repayment of debt.
Just found it today. Didn't see it yesterday since it wasn't filed until way after the market closed.
Why do they file after the market closes?
I believe this is the 7th Form 4 filed after hours.
MORE FORM 4'S Yesterday, August 05, 2009, 6:28:45 PM
http://www.sec.gov/Archives/edgar/data/868756/000105291809000348/xslF345X03/primary_doc.xml
Who is the company?
The shareholders.
"themselves as payment for many months work millions of shares without the company spending a dime of precious and scarce CASH"
Company not spending a Dime?
Give me a Break.
Clint and MOM have been milking this company of Millions.
Which to make it easy to understand. MILKING THE SHAREHOLDERS.
Millions have been spent and what does the company have to show for it.
Do they own a factory?
What about an Office?
What about a company car? NOPE the lease at $36,000 per, year
Must be a Mercedes
Where is the money?
Net Loss. Net Loss increased $4,373,473 or 119% to ($8,063,340) in 2008 from ($3,689,767) in 2007. This increase in loss was primarily related to an increase in Stock based Compensation of $3,675,500 related to compensation to officers
I KNOW THE OFFICERS HAVE IT.
Well then that also needs to changed.
No sense in misleading people that EI is selling something that they don't have.
This whole issue can be solved if EI would come out and explain to the shreholders why it's not on the web page.
And also why the License wasn't re-issued.
Wanta bet that doesn't happen.
The shares that I might have I bought are paid for by me. What I do is my personal busniess.
This is not the case with Clint.
We gave him or he gave himself the shares that he has. So yes, it's our business.
He's a CEO of a public company, so what he does is public information and should be.
If the stock and company was doing good, then I or anyone else wouldn't care. But as we know, neither is the case.
It is our business on everything he does. He works for us the shareholders.
The shares he gives himself is our buiness and who he spends it, especially at a time like now.
It's not good when the CEO sells shares when the PPS are at it's lowest.
Common sense 101
Assuming Clint paid off one of the business debts with his shares is pure speculation.
Clints history says differantly.
In the past Clint would sell his shares then loan the company that money and then charge the company 10% interest, with payments being paid monthly
What a set up.
Sell shares that you gave yourself then loan the money to the company and charge them interest.
If some would do their DD then they would know this.
Was it a personal debt or business debt?
I'd say personal, because it came out of his personal shares.
Hell, he could of used that money paying off a trip to the Virgin Islands.
We all have debts.
If it was a business debt, then it should say so.
ATM MACHINE HARD AT WORK
" OR, as some seem to want to speculate, that there isn't a VLC license anymore. I would find that very hard to believe though,"
SOME, DON'T HAVE TO SPECULATE, ALL THEY NEED TO DO IS GO TO THEIR WEB SITE AND SEE THAT THE VAT. LIB. PRODUCTS ARE NO LONGER ON THEIR PRODUCT PAGE.
AFTER OVER TWO YEARS ON THEIR WEB SITE THEY ARE NOT THERE, THE ARE HISTORY
---------------------------------------
Currently, we produce (through third party manufacturers/suppliers) and market five logo designed products: caskets, urns, vault covers (Major League Baseball and Star Trek), garden memorial stones (American Kennel Club and Cat Fanciers’ Association), and cemetery medallions* (Major League Baseball, Star Trek, and Collegiate Licensing Company.) (*A medallion is a solid bronze medallion that is affixed to a headstone.)
http://www.sec.gov/Archives/edgar/data/868756/000105291808000469/eternalimages1adec1708f.htm
--------------------------------------------------------
NO WHERE IS THE VAT. LIB. MENTIONED IN THE ABOVE STATEMENT BY EI. THIS WAS TAKEN FROM A FORM S-1/A, FILED 12/17/32008
I BET THE STAR TREK LINE WILL BE NEXT.
WE SHALL SEE
http://www.eternalimage.net/products.php
LET'S SEE, O/S INCREASES, BONUSES GIVEN TO INSIDERS AND FORM 4'S FILED BY INSIDERS.
"it's to line their pockets"
HELLO, THIS ISN'T ASSUMING
"Nobody is happy when the O/S grows.. but some of us look for the reasons behind it instead of AGAIN just assuming it's to line their pockets. I'll wait until I see what it is and what the reasoning is behind it."
I agree Bee,
Something is brewing. Clint is setting the shareholders up for another Carrot Dangling Pump and Dump disappointment. He's got to do something, the PPS have fallen 95% in the last 2 years. I agree with NH, if it was a worth while event, they would put it in one of those stacked up PR's that were suppose to flood out the gates when they uplisted.
Remember those PR's?
What's your take on them increaseing the O/S in small amounts?
Per. their Investors update.
:Good to see your interest in acquiring shares!"
WAY TO HIGH TO ACQUIRE SHARES.
WILL SEE A LOWER LOW REAL SOON.
We finally agree on something Dancy.
"I don't believe EI has anything to PR."
Your right on Dancy.
No Revenues to report
ADDED DISTRIBUTORS
No explanations of the Vatican Library License status. We have to look at the web site to find out, there is none.
No Explanations of what the status of the LOC is.
No Explanation of WHY the PPS are so low, especially after the uplisting.
Your right, they have nothing to PR.
WAS THIS A JOKE
LMAO
:)
ACTUALLY A GOOD UPDATE WOULD BE ONE THAT TELLS THE SHAREHOLDERS THAT A NEW MANGEMENT TEAM HAD BEEN HIRED.
"Nowhere in the update did I see anything that says "we will be doing a hundred million in revenues this year" or any other outrageous claims there either."
They sure didn't have a problem back in the early part of 2007 PROJECTING OUTRAGEOUS FIGURES OF 3.1 by the end of 2007 did they?
OUTRAGEOUS CLAIMS WEREN'T THEY.
HISTORY OFTENS REPEATS ITSELF.
REMEMBER THE BOOKED SALES THEY CLAIMED THEY HAD IN DEC. 2008, THAT DIDN'T AMOUNT TO NOTHING. ANOTHER DANGLING CARROT
REMEMBER IN JANUARY 2007 THE $200,000 IN SALES THAT DIDN'T WORK OUT EITHER. ANOTHER DANGLING CARROT
"Same with Remeire."
I'm glad you brought Remeire up.
That marriage didn't even make it to their honeymoon.
Another carrot dangling that didn't work out.
Another Carrot dangling was the projected 2007 Revenue of 3.1
Million, that also fell through. Fell short by 2.8 Million
They sure like Dangling that Carrot.
What a bunch of Crooks. They haven't been on the BB long and they are trying to squeeze by the rules.
Sounds like Corporate America.
In more ways then one.
Banks loss money and the CEO's get raises or stock options
Sounds like EI, with their bonuses they give themselves.
The more money the company loses the more they take.
Do you have proof that it's not? Is it on their web site? NOPE. After being on there for at least 2 years, did it just disappear? Now it's gone. Doesn't take much sense to figure that one out.
http://www.eternalimage.net/index.html
Let me help you out here. Go to the EI web page and click on the link for the product page. The Vatican Library Collection is GONE, Disappeared.
With EI not caring about telling the shareholders something about the VL, People will believe the worse.
How about EI, tell the shareholders something.
LOL
FIVE* I see you noticed that too.
"nice they warned about the OS increase, lol.. oh, "just a couple of percent" and that's in barely a a month.. based on their history it's reasonable to assume they WILL continue to increase the OS by a couple of percent every month (why not, it benefits them as they've always screwed shareholders anyway).. oops, not too many months before a massive A/S increase then the next R/S.."
FROM EI'S WEB SITE:
Some of you have expressed fears that there has been a massive increase in O/S. This is not the case at all. In fact, rest assured that any increase of the O/S that is greater than a few percentage points of the total O/S is considered a "material event" and is therefore bound to be disclosed in a Form 8K
" rest assured that any increase of the O/S"
Some here just want to post about good things happening with the company and the stock. Which Ain't much to post about in my opinion. Only Carrot Dangling things.
Yes, this is a big deal. EI needs to explain themselves on this issue.
What's the status of the Vat. Lib. Collection
Why was it taken off the web site?
POOR UPDATE.... MORE PROMISES...MORE CARROT DANGLING
A good update would say something about the LOC and Revenue.
Not what they plan to do in the future.
This is just more CARROT DANGLING.
I GUESS THE LOC IS HISTORY.
Buying 500 shares for a grand total cost of $3.50 will not help this stock, such a shame.
I didn't know that Eternal Image wasn't selling the Vatican line any more. Not listed on their product page.
I knew they didn't renew their License, but I didn't know it was totally gone.
http://www.eternalimage.net/products.php
Which one will be next?
They need to get rid of the Star Trek item too. That was a joke, even when they introduced it at the Trade show two years ago. EI spent over $100,000 dollars on that trade show.
What's next? Spiderman
This is why they need Managment Team to run the business, some grown-ups to start.
Well Said,
Realality hasn't sunken in with some on this board.
BTW, NOTHING IS "FREE"
SPENDING $6,000.00 PER. MONTH FOR ADVEERTISING AND MARKETING IS NO WHERE NEAR BEING FREE.
WWW.SEC.GOV
"What should they spend their money on IF they get a LOC? "
How about hiring a management team that has a seasoned professional record in this industry.
Especially a CEO and A top notch sales team.
Get rid of the Licenses that aren't panning out and put more money into those licenses that are.
Common Sense 101
LET ME HELP YOU A LITTLE WITH THEIR COMPENSATION:
Item 15. Recent Sales of Unregistered Securities.
All of the following transactions have been adjusted for the prior forward splits and for the 1:20 Reverse Split.
IT SURE LOOKS LIKE THEY'VE DONE REAL WELL COMPENSATING EACH OTHER.
http://www.sec.gov/Archives/edgar/data/868756/000105291808000473/eternalimages1adec1808f.htm
38) Clint Mytych
2/15/2006
559,000
0.02000
$11,180.00
(39) Clint Mytych
9/25/2006
1,677,000
0.10000
$167,700.00
(40) Clint Mytych
10/9/2006
2,200,000
0.07000
$154,000.00
(41) Clint Mytych
1/12/2007
3,750,000
0.02600
$97,500.00
(42) Clint Mytych
7/25/2007
96,250,000
0.00104
$100,000.00
(43) Clint Mytych
8/14/2007
1,500,000
0.02960
$44,400.00
(44) Donna Shatter
2/15/2006
50,000
0.02000
$1,000.00
(45) Donna Shatter
9/21/2006
200,000
0.08500
$17,000.00
(46) Donna Shatter
9/25/2006
150,000
0.10000
$15,000.00
(47) Donna Shatter
9/25/2006
600,000
0.10000
$60,000.00
(48) Donna Shatter
10/9/2006
2,200,000
0.07000
$154,000.00
(49) Donna Shatter
1/12/2007
3,750,000
0.02600
$97,500.00
(50) Donna Shatter
8/14/2007
1,500,000
0.02960
$44,400.00
(51) Wallace N. Popravsky
2/15/2006
125,000
0.02000
$2,500.00
(52) Wallace N. Popravsky
9/25/2006
375,000
0.10000
$37,500.00
(53) Wallace N. Popravsky
10/9/2006
550,000
0.07000
$38,500.00
(54) Wallace N. Popravsky
1/12/2007
3,750,000
0.02600
$97,500.00
(55) Wallace N. Popravsky
8/14/2007
1,500,000
0.02960
$44,400.00
(56) James Parliament
10/30/2006
12,500
0.08600
$1,075.00
(57) James Parliament
12/28/2006
753,750
0.02400
$18,090.00
(58) James Parliament
1/1/2007
31,250
0.02400
$750.00
(62) Clint Mytych
1/30/2008
20,000,000
0.02500
$500,000.00
(63) Donna Shatter
1/30/2008
20,000,000
0.02500
$500,000.00
(64) Wallace N. Popravsky
1/30/2008
20,000,000
0.02500
$500,000.00
(65) James Parliament
1/30/2008
3,000,000
0.02500
$75,000.00
(66) Clint Mytych
2/27/2008
24,000,000
0.002500
$60,000.00
(67) Donna Shatter
2/27/2008
24,000,000
0.002500
$60,000.00
(68) Wallace N. Popravsky
2/27/2008
24,000,000
0.002500
$60,000.00
(71) David DeAvila
4/4/2008
1,000,000
0.022
$22,000.00
(72) James Parliament
4/11/2008
10,000,000
0.022
$220,000.00
(74) David DeAvila
7/1/2008
1,000,000
0.0185
$22,000.00
(75) David DeAvila
7/2/2008
1,000,000
0.0185
$22,000.00
I'm waiting.
Let's get the facts out.
Show me in black and white.
I'm waiting.
Remember, I've been around awhile and once was a MOD.
EI has made a cash cow out of this stock.
" Would you have bought shares if you thought that you had to hold them forever with no chance of selling them, of course not."
Can you show us that the officers actually bought shares with their own money?
Or are you assumming.
I can show you where they gave themselves millions of shares without spending a dime.
Just in 2008 they gave themselves 148,000,000 MILLION SHARES
This is a fact.
To date during 2008, we have issued additional shares of our common stock to members of our management team as compensation as follows:
Clint Mytych
44,000,000 shares
Donna Shatter
44,000,000 shares
Wallace Nick Popravsky
44,000,000 shares
James Parliament
13,000,000 shares
David DeAvila
3,000,000 shares
http://www.sec.gov/Archives/edgar/data/868756/000105291808000473/eternalimages1adec1808f.htm
Don't you agree it's best to post things, backed up with FACTS.
"and before anyone says its the company that drives the stock, please remember where we are, pennies, and this is a startup not IBM....confidence in the stock is a major issue..."
Why is ETNL in the pennies?
MANAGEMENT
LACK OF REVENUE
CREDITABLITY
INVESTORS LACK OF CONFIDENCE
EXCUSES
PUMPING BY SOME INVESTORS, ONLY TO SINK TO A LOWER LOW (PPS)
(THIS HURTS BY THE WAY)
"confidence in the stock is a major issue."
Investors have LOST confidence in managment not the stock.
INVESTING 101
"this is a startup "
HOW MUCH LONGER IS THIS EXCUSE GOING TO BE USED?
Actually NO.
I'd like for the Company to be upfront with the shareholders and for the Officers to stop lining their pockets with bonuses etc..
I'd also like for a change in management.
I'd also like management to redo their contracts and do away with some of the perks they have.
$2,000 per. month car allowances.
Mom and Son do not need to be running this company.
Get a professional CEO that knows what he's doing.
Stop using Stock to run this company.
Get a LOC
Get rid of Licenses that don't pay for themselves.
No need to pay them fee's every year if the product doesn't sell.
Should I go on.
They're paying $6,000 per. month for advertising and Marketing, if this doesn't get sales, then get someone else.
This is $72,000 per. year.
He runs the company fine?
That's why the PPS hit a new low of .0065 yesterday.
That's why there has been several Form 4's filed this past month. (Needs Cash)
Revenue not enough to run company.
Come on, Be REAL.
Maybe if I was selling their products I'd say the same thing.
PUMP IT AND DUMP IT
"last time we experienced a new low (.008 July 10), 4 trading days later the pps was DOUBLE!!!"
THAT WAS TEMP. HIPE WORKS WONDERS.
IT DIDN'T STAY THERE LONG, DID IT?
NOW IT HIT A NEWER LOW OF .0065
HOW LOW WILL IT GO
GREAT STOCK TO FLIP? RIGHT DANCY?
I felt about the company like you, real possiblities.
The only way this company will servive is change of management.
Some say the stock is the issue. BULL
I would be willing to bet that a change in management and a LOC and some great PR's of how the company will be changing, it would take this stock to the next level.
EI has to stop playing penney stock games and grow up.
With the several form 4's being filed doesn't speak well of their financial situation.
Sales must be slow.
Time will tell.