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And some thought .0065 was LOW, Wait till tomorrow.
And Another Form 4 for 575,000 for Clint
$5,347.50 Worth
http://www.sec.gov/Archives/edgar/data/868756/000105291809000338/xslF345X03/primary_doc.xml
Another Form 4 Filed today Clints Turn, 846,000
$8,375.40 worth
No Gifting this time
http://www.sec.gov/Archives/edgar/data/868756/000105291809000337/0001052918-09-000337-index.idea.htm
THE GIFTEE'S?
I wouldn't put to much past Clint and crew.
Way too much gifting going on.
Associate?
Who was the Associate CLINT?, NICK?
I wonder what they are going to do with the Gifted shares?
SELL THE HELL OUT OF THEM FOR SURE.
HOW MUCH IS LEFT IN THESE BONUSES/OPTIONS, GIVEN TO THEMSELVES IN DEC, 2008:
7,800,000 THE WAY I SEE IT.
On September 10, 2008, our Board of Directors adopted the Eternal Image, Inc. 2008 Equity Incentive Plan which was then approved on that same date by the consent of shareholders holding a majority of the shares then outstanding. The plan authorizes up to 20,000,000 shares of our common stock for issuance under this plan. To date, we have not made any issuances or grants under the plan.
Donna Got: 4,200,000 12/19/2008
--------------------
http://www.sec.gov/Archives/edgar/data/868756/000105291809000014/xslF345X02/primary_doc.xml
Nick Got: 3,000,000 12/19/2008
------------------
http://www.sec.gov/Archives/edgar/data/868756/000105291809000013/xslF345X02/primary_doc.xml
Clint Got: 5,000,000 12/19/2008
http://www.sec.gov/Archives/edgar/data/868756/000105291809000012/xslF345X02/primary_doc.xml
Maybe I need to change my name to Associate OR ADULT CHILD.
It's a way to dilute stock.
Gift it to one person and they sell and then give the money back to EI or the person that gifted it to them.
All the officers have to do is re-issue more stock to themselves.
They did this in 2008, 120,000,000 shares in bonuses.
Yep, Some tried.
History seems to repeat itself here.
R/S sooooooon.
Like EI's SOOOOOOOOOOOOOON = Many Months
"Nick is booked at the office..."
Your Joking right.
What exactly is he doing, besides deposing shares?
He sure isn't bringing in the Revenue.
I doubt David wants to come back, he's probably making more money over there.
ETNL is a real SCAM.
CAN'T GET ANY MORE FACTUAL THEN THAT.
WHERE ARE ALL THE PR'S THAT PEOPLE ON THIS BOARD SAID WOULD BE FLOWING ONCE THE UPLISTING TOOK PLACE?
OR WAS THERE A POLICY CHANGE
OR WAS THAT MORE BS.
WASH, RINSE AND REPEAT.
"Besides, they would have to sell for higher to get their money back and make a profit.. (.092 - lol) Not much of a gift, huh.... "
WHAT?
SELLING AT ANY PRICE IS A PROFIT?
REMEMBER NICK WAS GIVEN ALMOST ALL OF THESE SHARES FREE.
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/868756/000105291808000479/eternalimage424b3dec1908.htm
PLUS MORE:
3,000,000 MORE FOR NICK
http://www.sec.gov/Archives/edgar/data/868756/000105291809000013/xslF345X02/primary_doc.xml
Looks like insiders dumping today.
.0086
ooo's soon?
Do we see another form 4 today, after 5:00pm?
I guess they can always print more shares.
HE SOLD 1 MILLION SHARES, I 'LL JUST WAIT UNTIL THE OOO'S, THANKS,
THAT'S ONE WAY TO LOOK AT IT.
OR
NICK GIFT'S IT TO THE KID AND THE KID SELLS THE SHARES, THEN GIVES THE MONEY BACK TO NICK. NICK PAYS THE TAXES ON THE SHARES SOLD.
THE KIDS SHARES ARE NOT SHOWN AS INSIDERS ACTUALLY SELLING FOR CASH.
WE SHALL SEE IF THERE ARE MORE FORM 4'S TO FOLLOW.
HERE IS ANOTHER FORM 4 FILED BACK IN JANUARY.
IT HAS JP SELLING AT .26
WAS THESE MISTAKES DONE ON PURPOSE?
IT'S BAD WHEN A CFO MAKES MISTAKES LIKE THIS, NO WONDER HE LEFT.
http://www.sec.gov/Archives/edgar/data/868756/000105291809000052/xslF345X03/primary_doc.xml
AND WHEN WAS THE PRICE AT .092?
THIS WAS A ERROR IN THE FILING.
THEY HAVE DONE THIS BEFORE.
Well it started, Insiders Selling FORM 4 FILED 7/20/09
NICK SOLD 4,000,000 SHARES @ .0092
$36,000 WORTH
HE ONLY HAS 26,000,000 MORE TO SELL
WHO'S NEXT
http://www.sec.gov/Archives/edgar/data/868756/000105291809000330/xslF345X03/primary_doc.xml
LOWER WE GO.
.000 SOON
On July 14, 2009, Eternal Image, Inc., a Delaware corporation ("ETNL" or the “Registrant”), entered into a Marketing and Equity Assignment Agreement (“Marketing Agreement”) with Eternal Remembrance, Inc, a privately held Florida corporation located in Palm Harbor, Florida (“Remembrance”). Remembrance is a provider of remote access to post cremation urn storage facilities. It markets these services to family members and friends of deceased individuals whose ashes have been placed in urns in storage repositories.
Pursuant to the Marketing Agreement, the Registrant will allow Remembrance to promote its business through the Registrant’s network of dealer/distributors and their clients at no cost to ETNL. In addition, ETNL shall allow Remembrance a representative presence (without cost to Remembrance) at any booths or like participation ETNL may have at major funerary conventions or similar programs. In consideration, the Registrant received a 10% equity interest in Remembrance (1,000,000 shares of its capital stock). Said shares may be anti-dilatable except for shares issued as a result of certain capital raising activities by Remembrance, including the funding of a merger or acquisition. The initial term of the Marketing agreement is 15 years with performance related automatic renewal terms of 15 years.
The above described executed Asset Purchase Agreement is attached hereto and incorporated by reference as Exhibit 10.1.
I keep hearing the same thing here over and over. "The shares are the issue."
What is the number 1 thing the share price is based on?
REVENUE, REVENUE, REVENUE, REVENUE.
WHEN YOUR EXPENSES EXCEED REVENUE, THE PPS FALL.
WHEN THE MARKET DOESN'T EXCEPT ETERNAL IMAGES IDEA.
THE PPS FALL.
WHEN COMPANIES DO SURPRISING R/S's, THE PPS FALL
WHEN PROJECTED REVENUES ARE NOT MET, THE PPS FALL
EI PROJECTED 2007 REVENUE TO BE 3.1 MILLION.
NEVER HAPPENED, ONLY HAD APPROX. $300,000
WHEN INSIDERS SELL BELOW A PUBLISHED PPS LEVEL. (WHICH THEY SAID IN A FILING, THEY WOULD NOT DO) www.sec.gov
THE PPS FALL.
WHEN INSIDERS GIVE THEMSELVES MILLIONS IN BONUSES, WHILE THE COMPANY IS NOT EVEN MAKING ENOUGH REVENUE TO COVER EXPENSES.
THE PPS FALL.
WHERE DOES THIS END?
AT THIS RATE, EI WILL NEED TO MAKE THEMSELVES A CASKET
"MAY EI REST IN PEACE"
Hi Heppie, Free advertising at $72,000 per. year isn't FREE
"SEEING IS BELIEVING!!" Plain and simple Jag!! If you have done your DD, you know how much Free Publicity this company has gotten and how it keeps coming at No Cost to EI:)"
http://www.sec.gov/Archives/edgar/data/868756/000105291808000309/etims1a1aug808.htm
"we pay ASAPR $6,000 per month"
THIS IS $72,000 PER. YEAR.
-------------------------
"To date, they have succeeded in obtaining free publicity and exposure for us to the general public."
Finally, we have engaged the services of ASAPR Public Relations and Marketing (717 State Street, Sharptown, MD 21861). The initial term of this agreement was from March 22, 2006 through March 31, 2007. By its provisions, it is extendable for one year terms at our option. We have extended the term through March 31, 2009. Pursuant to this extended agreement we pay ASAPR $6,000 per month. It is responsible for providing us with public relations and marketing expertise, consulting, and critiques. ASAPR is also responsible for promoting our business through a variety of media including radio, television, and print interviews with our management. This firm specializes in campaigns for its clients that increase brand awareness and public recognition. To date, they have succeeded in obtaining free publicity and exposure for us to the general public. Through their efforts, we have been seen on CBS, MSNBC, CNBC, ABC, Fox Business News, Wall Street.Net and written up by The New York Times, Detroit News, and many other networks, television stations, magazines and newspapers
Hi Casey,
Were are all the PR'S some on this board said would be flooding out the gates when they uplisted?
Hi JP,
EI needs more then just a few people being pumped.
They need some increasing revenue numbers that will attract people to invest in this stock.
The pumping that has been going on here for the past two years has not paid off. Just look at the PPS.
Last quarter revenue numbers suc_ed, and also sales of the urns decreased from last year.
Do you think Clint will sell again at .015, like he did a few months ago?
If any insiders sell in the near future, this stock will be history. Especially if it's large sums of stock.
Where are all the PR's?
I've heard once the uplisting took place the flood gates would open up and the PR's would flood out.
What's their excuse now? Who are they going to blame this week?
Is the next PR going to inform people of a R/S?
LMAO
"they were committed NOT to sell under .02 (if my memory serves me).."
Five*
If my memory serves me correctly, they sold below .020 in the past.
I believe in the below filing, Clint sold 362,000 shares at .015
http://www.sec.gov/Archives/edgar/data/868756/000105291809000121/xslF345X03/primary_doc.xml
I believe we'll see a sell off before the .020
We shall see.
"EI can't say much of anything while under FINRA's microscope, and that's that."
This excuse has been used a lot.
Doesn't fly anymore.
Eternal Image has nothing to report, just look at their latest filings.
Sales suc_s
Revenue suc_s even more.
Has EI ran out of banana's.
I agree, writing on the wall.
WOW.---72.8% decrease in PPS. since the last R/S.
What's going to happen to the PPS after the next R/S?
Good Job Clint and Donna.
Give yourself another BONUS.
Or buy a mercedes with the car allowance that we give you every month of $2,000
I am simply amazed at the shape EI is in. They had everything going for them and now disaster.
"That would be a great idea for them if they wanted to blow the uplist and all the money and time that they spent getting that done."
All the money they spent?
It was shareholders money, not theirs.
Why should they care.
Tell Clint to give back all those millions of shares he gave himself and Mom.
That might help with some crediablity, wouldn't hurt.
I'm simply amazed at the PPS.
BTW, why buy now when the PPS will be in the 000'S very soon.
Buy low sell high.
Just a little advice.
WOW,
What has happened?
Midrew, They can buy back with shareholders money.
Just sell some more stock.
What a sad story.
"As expected, EI is at fault."
How dare you sir, Eternal Image is never at fault.
It's always someone else.
POST OF THE DAY.
Your correct, amazing how things don't end up.
Didn't someone say they were DEBT FREE.
Another Line of Bull
For the three months ended
March 31,
Gross sales
2008 = 97,519
2009 = $126,015
Operating Expenses for the first 3 months
$362,222
Salaries:
$210,487
Urns sold 160, compared to 486 for the 3 months last year.
What ever happened to the $200,000 is sales they had at the beginning of the year.
This happens ever year at the beginning of the year. BULL Ship
This is the biggest scam I know of.
I keep hereing about EI getting FREE advertising:
NOTHING IS FREE;
Public Relations and Marketing
The Company entered into a one (1) year agreement with ASAPR, Inc., a Public Relations and Marketing firm. The period of the agreement was March 22, 2006 through March 31, 2007. Services were being provided from April 1, 2007 to March 31, 2008 on a monthly basis with no set term. On April 1, 2008, the Company extended the agreement for one year, until March 31, 2009. The monthly fee is $6,000 plus expenses. Either party can cancel this contract with 60 days written notice. These fees are being expensed as incurred.
Fees are payable as follows:
Fees and expenses paid to ASAPR, Inc. for the periods ended December 31, 2008 and 2007 were $80,525 and $87,848 respectively.
"Guess you never buried a child either...PM line is pretty darned spectacular compared to the plain janes out there now..."
Like I've said before, I think the PM caskets will never make it, especially for EI.
EI doesn't have the money to put a PM casket in every Funeral Home, or make and keep some on hand to satisfy this tragic need.
These type of caskets are not ones your family would pre-order. If they do, they are one sick puppy.
If EI exspects this, they are just as sick.
When a family loses a child, it's the most devastating thing that could ever possibly happen in a parents life. People do not shop around and wait weeks or months to get one. Your not shopping for a used car. You want closure as quick as possible.
They see what the funeral home has and buy the best one that's avaiable and what they can afford.
Most family's don't have life insurance on their kids, they don't think about them dying, especially before them.
Again EI doesn't have the money and Funeral Homes can't tie up too much inventory, especially when caskets sales are on the decline and cermations sales (Urns) are on the increase.
Trust me on this one. I've been there.
I buried my only child, he was 11 year old.
THANK GOD, I DID HAVE LIFE INSURANCE
Closure must be as quick as possible.
What I'm seeing today is people spending huge amounts of money on headstones for their child. These headstone or monuments tell the story of their child and something people can actually see when visiting a cementery. They don't see a casket when visiting a cementery.
Have a great weekend.
Pete
Here's some more compensation:
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
On December 19, 2008, the Board of Directors granted seven year options to our following officers. The grants were made pursuant to our 2008 Equity Incentive Plan. Each option, when exercised, allows the option holder to purchase one share of the Company’s common stock at an exercise price of $0.01804 per share. The options are not exerciseable until one year from the date of the grant .
Correction: Last year they did this.
www.sec.gov
No excuse, Nick is taking his load.
Here we go again making excuses for a company that rewards themselves before making the company money.
This has been going on for years.
I doubt the uplisting will never happen, especially this year.
I also bet when David gets back, that is if he wants to come back, he will not be here long.
Great Idea, Poor managment.
I wonder if Clint, Donna and Nick are enjoying their $2,000 a month car allowance. Which I may add, they get this for 1 year after they leave the company.
Scam, Scam, Scam. if I've ever seen one.
"LIES"
THE TRUTH WILL SET YOU FREE.
READ AND YOU WILL LEARN
Recent Sales (Issuances) of Unregistered Securities
We issued the following equity securities during the fiscal year ended December 31, 2008 that were not registered under the Securities Act of 1933, as amended:
·
25,000,000 shares of preferred stock were issued to Mr. Clint Mytych for executive compensation valued at $500,000.
·
145,000,000 shares of common stock were issued for executive compensation valued at $4,018,000.
THREE OFFICERS WILL SHARE THIS AT $1,339,333 DOLLARS EACH
--------------------------------------------------------
·
30,052,540 shares of common stock were issued for other fees and services valued at $952,463.
·
1,545,400 shares of common stock were issued for interest valued at $30,908
----------------------------------------------------------
The Fiscal Year Ended December 31, 2008 Compared to the Fiscal Year Ended December 31, 2007
The following summarizes changes in our operations for the fiscal years ended December 31, 2008 and 2007. Net loss increased by $4,373,473, or approximately 119%, from $3,689,767 in the fiscal year ended December 31, 2007 to $8,063,240 for the fiscal year ended December 31, 2008. This increase in net loss is attributable primarily to the abandonment of some fixed assets and also the issuance of stock-based compensation.
COMPENSATION TO OFFICERS
Sales and Cost of Goods Sold
For the Fiscal Years Ended
December 31,
2008
2007
Sales
$
250,902
$
309,147
Cost of Goods Sold
$
605,410
$
253,307
Gross Profit
$
(354,508)
$
55,840
Sales. Sales decreased by $58,245 or approximately 19%, from $309,147 in the fiscal year ended December 31 2007 to $250,902 for the fiscal year ended December 31, 2008.
http://www.sec.gov/Archives/edgar/data/868756/000105291809000289/etim10kjun1009s.htm
""While working with Eternal Image I have realized that they are truly capable of being a one-hundred million dollar a year company," said Shane Swetel, owner, Selective Development LLC."
WHAT PLANET IS HE FROM?
NOT THE WAY THINGS ARE AS OF TODAY.
FIRST, THEY NEED TO GET RID OF PRESENT MANAGEMENT. MOM AND SON ARE MILKING THIS COMPANY.
THEY ISSUED THEMSELVES (OFFICIERS) OVER $4,000,000.00 IN BONUSES JUST THIS YEAR.
DON'T BELIEVE ME IT'S IN THE FILINGS.
WWW.SEC.GOV
AMAZING, THE COMPANY CAN'T EVEN MAKE PAYROLL BUT CAN GIVE THEMSELVES BONUSES.
SALARIES/COMPENSATION EXCEED $300,000 PER. YEAR
ETERNAL IMAGE LOSES BETWEEN $4-7 MILLION A YEAR. ON SALES OF APPROX. $250,000 A YEAR.
SOMETHING IS NOT RIGHT
SOLD LESS URNS LAST YEAR THEN IN 2007
WHAT EXCUSE IS NEXT?
WHO CAN EI BLAME NEXT?
"Why continue the same old pattern?
Has it really worked that well?"
Clint says his bank account thinks so.
WASH, RINSE AND REPEAT, WASH, RINSE AND REPEAT.
THIS HAS BEEN A GOLD MINE FOR CLINT AND DONNA (CLINT'S MOM).