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Great Post.
It's nice to see some here realize what's going on.
ETNL should be based on merits of the company. ie, sales, communication with all shareholders not just a few, profits and a good management team.
Right now they don't have any of the above.
Smart trade. Closed at .0128
More to follow next week.
What is this Dancy, over 30% decrease in two days?
When will they decided to do a R/S?
It won't be long.
"I lease an $80k vehicle (36 months), payments are $765 per month, is Clint leasing a Ferrari?"
No he's probably buying one. Remember Clint, Donna & Nick all get $2,000 per. month for a car allowance. This is in their contract.
Employee shall receive a monthly vehicle allowance not to exceed $2,000 per month. This allowance shall continue for a period of one year beyond any termination date of employee.
http://www.sec.gov/Archives/edgar/data/868756/000105291809000289/etim10kjun1009s.htm
QUESTION:
Why do they have leased vehicles and also have a car allowances?
If they were making a profit and doing great, most wouldn't mind these perks. But when you LOSING 4-8 MILLION A YEAR ON SALES OF $250,000, it just doesn't smell right.
CORRECTION: Half of that $8,000,000,000 in loses in 2008 was for BONUSES FOR CLINT AND CREW.
What a nice set up they have here.
Their salaries are over $300,000 and sales are $250,000
Hello, SCAM,SCAM,SCAM,SCAM
Amazing how things come true. The writing has been on the wall for a long time. Clint and crew has been milking this thing for a long, long time.
118 share holders.
Stick around, it's going to get worse.
What stuck out to me was the decline in urn sales.
What is the truth here.
1) Bad market?
2) Bad management dicisons?
3) Market doesn't care for the products.
One thing for sure. This company has been losing 2-7 million a year with only about $275,000 in sales.
These numbers spell BIG TROUBLE.
The days are numbered before ETNL see's .000.
Good Luck.
I see more excuses are made daily from some concerning EI. Let's face it, they blew it and have lost all creditablity with investors.
They can't be believed about anything.
Koolaid, dangling carrots, at it's prime.
Spend thousands on uplisting and can't supply a A/F.
Ferking amazing.
30 days later and nothing has changed. I'm glad I flipped out again. Just waiting for the next nose dive into the 00's.
I see they filed another late filing excuse.
Creditablity is ZERO
Well it's been awhile since I posted last.
It semms Eternal Image is up to the same old crap.
Mising time frames, promising the world and investers getting nothing in return. Except those that flip and promote this SCAM.
ETernal Image misses filing date, then misses extention date. Then promises that they'll have it done by the following week. Well that date has also past.
The SEC should look into this SCAM.
EI has expenses of over $7,000,000 dollars a year and can't even make enough to MAKE THE PAYROLL.
AMAZING, JUST SIMPLY AMAZING.
I've been saying that for the past several months.
Clint is getting closer to his last hand.
If they don't file this week, Watch out.
Another missed projection.
Shareholders want to say thank you.
With EI/etnl missing the deadline for filing their financials twice, does that mean that uplisting to the OTCBB will be delayed?
Will FINRA request more comments from the company?
Will the SEC get involved?
"Here we go again. And Wrong again. The PM line is ahead of schedule. How about instead of posting things like that you call."
Don't need to call and hear some koolaid drinker tell me what he wants me to believe in.
Do you really think he'll tell me something bad about EI?
That's what DD is for.
I'm here to help
They were suppose to come out in 2008.
Here's that information:
Your not saying EI puts out untrue information are you.
Precious Moments� Caskets
Beginning in the fall of 2007, a corresponding line of Precious Moments caskets� that will carry over the same high-quality design and artwork seen in the urn line will become available. These exquisitely hand-crafted caskets are made from a proprietary composite that will not rot. The supple interior fabric is embossed with classic Precious Moments� colors and trim. Each casket will be released in conjunction with its matching urn, one every few months through 2008.
http://www.funeralplan2.com/salatagurnee/specurns
What happens here is that after EI gives out a date for a line to come out and it doesn't happen, then they change the date on their web site to a future date. They do this so the new investors will think they are ahead of schedule.
They've done this on several of their product lines.
If you want me to prove this, let me know. I'll be glad to show you. Just like I did with the Precious Moments line above.
Ahead of schedule? I don't think so.
Late, Very Late.
Like everything they do.
"Hey EI just missed a filing but they also announced that a new product line is being brought into production ahead of it's scheduled date because of demand from the funeral homes and distributors."
-----------------------------------
Vatican Library Collection � Caskets
Summer 2007 will mark the launch of the Vatican Library Collection Casket Line. Available in Ebony or Pearl with designs in Liquid Gold Formula, the Vatican Library Collection caskets will be made from a proprietary composite that will not rot, and feature fine metal fittings. Also featured: a removable keepsake for the family
Precious Moments� Caskets
Beginning in the fall of 2007, a corresponding line of Precious Moments caskets� that will carry over the same high-quality design and artwork seen in the urn line will become available. These exquisitely hand-crafted caskets are made from a proprietary composite that will not rot. The supple interior fabric is embossed with classic Precious Moments� colors and trim. Each casket will be released in conjunction with its matching urn, one every few months through 2008
http://www.funeralplan2.com/salatagurnee/specurns
"EI is going to be selling products in 2009."
The question is, How many?
Revenue doesn't show many sales at this point.
EI said in early 2007 they projected $3.1 million EOY for 2007. Guess what, they didn't even come close.
My point is just because they say they have the PM coming out, doesn't mean there's going to be sales.
Missed deadlines don't help matters either.
Especially important ones.
There is no excuse for this missed deadline.
Spin it anyway one can and it doesn't make the grade.
The next few days and weeks are going to be interesting.
Creditablity has been totally lost.
EI needs a change in management, from the top all the way down.
It won't be long Jim,
EI is up to their same old stuff.
One excuse after another.
Today was one of the most important dates and they screwed it up.
Do they have a what they've done?
You don't gain creditablity moving to a higher exchange by missing filings.
Typical.
"FINRA running outta excuses!!!"
STOP accusing others for EI's mistakes and delays.
EI is the one running out of excuses.
They very first important filing and they failed.
What's next?
"The delay is due in part to the distribution of time and resources that had to be shared with the awaited launch of our new Precious Moments infant and youth line of caskets."
PURE BS....
Today is the day. Will EI submit their financials today?
If history repeats itself, I'd say no.
EI has never been on time with anything.
Always the other persons fault.
Time will tell.
"Doesn't matter if the stockholder number has doubled."
Share price has more then trippled down.
Share Price .036
Jan 16th 2008............ ETERNAL IMAGE COMPLETES FORM “SB2” AND SUBMITS IT TO THE SEC
1900 shareholders
Today share price .0095
Shareholders 3600
EI should have tripple the shareholders today compared to Jan. 2008.
"The Star Trek caskets will sell more than MLB and NCAA combined--"
Your joking right? That has been one the the biggest jokes and mistakes EI has ever done.
What's next Spiderman or maybe Batman caskets.
Several people I've talked to on this board in the past could not believe Clint decided to have Star Trck caskets and urns.
This is when people lost respect in his handling of the company. They spent $100,000 that year at the trade show, and only ended up with 3000 business cards, that's it.
Let's get real.
It will never make it.
Wrong again Basser.
The Two-Day sales record was in December of 2008, the trade show was in October 2008.
---------------------------------------------------------
"Wrong again Gator, The caskets and urns that were sold at the convention were SOLD and not ordered."
Eternal Image Sets Two-Day Sales Order Record in December
Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced that for the two-day period of December 2 and 3, 2008, a company sales order record was set due in part to its newly introduced line of Major League Baseball™ caskets
I'm always glad I can be here to help you get the facts straight.
LMAO
Market is closed for good Friday.
"Then bring your positive insight back to this board. Right along with Gator."
They have a lot to prove to me before that will happen.
In my opinion they have two lines that might do okay. MLB and College.
But, these two lines might make Clint and Donna live comfortable but that's about it.
Shareholders will not make it long term.. Flipping is the only way to make a little here and there with this stock.
Those longs that got in before the split at .0070, Well, they can kiss it good by.
I hope I'm totally wrong, but with EI's history, I doubt it.
Clint and Crew are after themselves and that's it.
"sales order record"
This has nothing to do with Revenue, as you may recall back in Jan. 2008, they said the about the same thing and only ended the year with approx. $350,000. I believe they said their booked sales for January was approx. $200,000
Here is that PR:
Eternal Image Sets Record for Sales Orders
Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products including caskets, urns, monuments and vaults, today announced that it booked more than $203,000 in open sales orders as of January 31, 2008.
http://ih.advfn.com/p.php?pid=nmona&cb=1239306490&article=24654350&symbol=NO%5EETNL
This is the same ploy, just a different year.
Wednesday we will know more.
I seen that to midrew, is he getting more info. then the rest of us. I must of missed those PR's.
We'll know next week whether EI is full of it or going forward.
If EI misses the filing next week, I'm afraid things around the ETNL world won't look pretty.
It's all in their hands.
Question:
What will happen to EI if they don't file their 10-K by next Wednesday?
Will this effect the PPS?
Quiet Time BS doesn't work any more.
That dog doesn't hunt here any more.
Since Feb 2009, Eternal Image has issued 3 Pr's concerning things that's happening with the company.
IF THERE WAS A QUIET PERIOD, THEY WOULDN'T HAVE ISSUED THESE PR'S.
WOULD THEY?
THIS QUIET PERIOD IS BS.
THE TRUTH IS, THERE'S NOTHING TO REPORT, SALES ZUX AND A/F'S ZUX AS WELL.
HERE'S THE PR'S:
http://ih.advfn.com/p.php?pid=nmona&cb=1239206010&article=36182316&symbol=NO%5EETNL
http://ih.advfn.com/p.php?pid=nmona&cb=1239206010&article=36182524&symbol=NO%5EETNL
http://ih.advfn.com/p.php?pid=nmona&cb=1239206010&article=36820734&symbol=NO%5EETNL
Basser,
Having Eternal Image caskets in every funeral home is a unlikley dream.
"Customers are picking less showy caskets or urns, having graveside memorials or skipping visitation services to cut expenses."
Funeral Industry is not recession proof.
The funeral industry as it was known in the past for making a killing in the funeral industry is a thing of the past.
Originally published March 19, 2009 at 12:00 AM | Page modified March 19, 2009 at 9:15 AM
Comments (35) E-mail article Print view Share
Funeral industry feeling pinch of recession
The reputedly recession-proof funeral industry finds that increasingly money-conscious consumers are figuring out ways to save on the costs of honoring their loved ones.
By Marc Ramirez
Seattle Times staff reporter
PREV 1 of 3 NEXT
ALAN BERNER / THE SEATTLE TIMES
Bonney-Watson Memorial President Cameron Smock stands in the casket-selection room at the SeaTac location. Customers are picking less showy caskets or urns to cut funeral expenses.
ALAN BERNER / THE SEATTLE TIMES
Dave Eady, front, president of Olympic Motor Escort, Al Mitchell and Doug Morgan, outside St. James Cathedral, are ready to guide a funeral procession to a North Seattle cemetery. Eady says his business has fallen off in the past year.
ALAN BERNER / THE SEATTLE TIMES
In Seattle, people choose cremation 2-to-1 over traditional burials at cemeteries, such as Lake View Cemetery on Capitol Hill.
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Cindy Jamison and her dad had been as close as father and daughter could be, but by the end he didn't recognize her or her mom anymore.
Fees at his Alzheimer's facility had run $6,000 a month, so when time came to make funeral arrangements, Jamison and her family chose cremation over burial.
"It's obviously a much less expensive road," said Jamison, who had been laid off from her job as a sales rep in Tacoma the week before her father died. "It's not like that isn't a concern, these days especially."
Amid an ongoing recession, those in the funeral industry say cost-conscious consumers are facing similar decisions when honoring loved ones — price-checking, skipping limos in favor of personal vehicles and forgoing discretionary items such as catering, extravagant flowers or long obituary notices. Receptions and even services are being held in community centers, or at home.
"Everyone seems to think that funeral service is a 'recession-proof' profession, but nothing could be further from the truth," said Jessica Koth of the National Funeral Directors Association, in an e-mail exchange.
"We're hearing from our members that they have been feeling the impact of the economy just as much as any other business."
Customers are picking less showy caskets or urns, having graveside memorials or skipping visitation services to cut expenses.
"More people are shopping around as a consequence of the economy," said Michelle Bailey of Seattle's Memorial Gallery, which offers a discount line of urns and cremation jewelry — rings, pendants and other items in which to keep ashes.
To be sure, not everyone is seeing such thriftiness. Donna Wagner, Seattle representative for the Houston-based Service Corp. International, which owns and operates 20 local funeral homes and cemeteries, said that while items such as flowers have seen a slight dip, not much has changed otherwise.
"We're seeing that people are choosing what they would have selected a year ago. ... I think this is one area where people think, it's the last thing I can do for mom or dad, and they're giving them the same thing they would have in good economic times," Wagner said.
Likewise, David Bielski of Aberdeen's Fern Hill Cemetery said business is relatively stable.
However, he does see people spending less on headstones, which can range from about $300 to $750 for individual markers depending on size and shade.
While the granite quality is consistent, he says, "they're going for the grays and simpler browns rather than the blues and greens and expensive reds."
Motorcades
The cutbacks are evident at Seattle's Olympic Motor Escort, where Dave Eady and his fleet of gleaming white Harleys guide funeral processions from ceremony to cemetery with a regal sense of decorum and a dash of yelping sirens.
But while his business once served 50 or so funeral motorcades a month, that number has fallen to about 30.
"The money crunch has really impacted us in the last year," Eady said.
In Washington state, cremations outnumber burials 2-to-1, and the ratio is growing. "A lot of times they're having a memorial service with an urn of ashes and some pictures, and they do not need a funeral procession to put it on a mantel or a bookshelf in somebody's home," Eady said. "It's taken its toll."
Last month, Darla Stanek's husband, Paul, a cigarette-store cashier in Jefferson, Ore., died of a stroke at age 41. "I wasn't quite finished having a husband, but now I guess I am," Stanek said.
Stanek earns a modest wage at a Home Depot, but when she walked into an Oregon funeral home and saw a casket priced at $16,000, "I just about had a heart attack myself," she said. "I'm not exactly rich."
She, too, opted for cremation over burial, and the entire bill came to around $5,000 — including cremation jewelry items for herself and nine other relatives purchased from Seattle's Memorial Gallery.
Cremation
Similar concerns have benefited People's Memorial Association, a Seattle-based, low-cost funeral cooperative with 80,000 members statewide. "We are seeing a definite bounce," said John Eric Rolfstad, the group's executive director.
More than 90 percent of the co-op's clients, who pay a $25 lifetime membership, choose cremation. And the past two months, Rolfstad said, have brought a record number of services arranged through People's Memorial — 118 cases in December and 117 in January, compared to 77 and 97 a year ago.
And at Ballard's Wiggen & Sons, one of five funeral homes operated by Seattle's Bonney-Watson, Carol Sauers knows not everyone can afford full-service plans. Occasionally, she encourages money-conscious clients to consider a home memorial.
"I say, I know, it's a financial consideration, but at the same time, a life has been lived that needs to be celebrated," Sauers said.
"So I tell them the way we celebrated for my grandmother. She said, 'When I die, just have a party and have everybody bring food.' And that's exactly what we did. We honored her life and it didn't cost anything."
Marc Ramirez: 206-464-8102 or mramirez@seattletimes.com
Copyright © 2009 The Seattle Times Company
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Comments (35)
Bury natural. Why embalm, do you expect to dug later? Posted on March 19, 2009 at 8:11 AM by A_Forester. Jump to comment Return my body to the earth w/o any manmade trace upon me. That's the way it's done in the natural world. This coffin building and... Posted on March 19, 2009 at 10:42 AM by oldgreeneyes2009. Jump to comment I have an interesting story to share. A family member of ours just passed away, and we purchased an urn through Costco (yes, Costco!) with express... Posted on March 19, 2009 at 9:27 AM by coffeetime. Jump to comment
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http://seattletimes.nwsource.com/html/living/2008884901_deathecon19m.html
No sense in misleading people.
"Uplist Approved: UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date: December 19, 2008 4:00 P.M."
The "Uplist Approved " part was added by whoever posted it in the sticky.
Please show me a link where it says this?
If you can't then, then I guess we know the SEC doesn't approve uplisting.
Here's how it went down and who did/does what:
NOTE:
"FINRA (the Financial Industry Regulatory Authority) for approval to have its common stock traded on the Over The Counter Bulletin Board (OTC:BB)."
December 19, 2008
ETERNAL IMAGE’S REGISTRATION STATEMENT HAS BEEN DECLARED EFFECTIVE BY THE SEC
ETERNAL IMAGE’S REGISTRATION STATEMENT
HAS BEEN DECLARED EFFECTIVE BY THE SEC
EI becomes a fully reporting company
FARMINGTON HILLS, MI -- Eternal Image, Inc. (the “Company”) (OTC:ETNL.PK), a public company
engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced that the Company’s registration statement on
Form S-1 has been declared effective by the SEC. As a result of the registration process, Eternal Image
has become a fully reporting company. The Company will now have an application submitted to FINRA (the Financial Industry Regulatory Authority) for approval to have its common stock traded on the Over The Counter Bulletin Board (OTC:BB). This is a process that is expected to take approximately 30 days
--------------------------------------------------
So please get it right and not mislead people in what actually took place.
Glad I could help you out.
.0050 SOOOOOOOOON
Eternal Images BS is catching up with them.
Shareholders are tired of the BS.
Stock show's the true value of the company.
.010 = Lack of Revenues
AGAIN,
SEC doesn't uplist companies to a higher exchange
FINRA does this.
If you can show us a link that they do, then please let us know the link.
Precious Moments is the one I'd like to see the sales figures on.
This is one product I don't see any person in their right mind pre-ordering. Sick to be exact.
It's something nobody wants to think about, and I hope nobody has to.
Precious Moments Caskets would have to be in a funeral home on display to sell. It's a great thought and I'd wish I had one when my 11 year old son died, but I just don't see this a being a #1 seller or in the top 5.
Company and stock are the same.
If Sales and Revenue was soring, so would the stock.
This is how the company is measured
Whoever thinks the two are not the same are fooling themselves.
I read an article today that Cermation is the new trend. People can't afford the traditional funerals.
It's good that EI does sell urns.
This makes me want to run out and buy a boat load of ETNL shares.
"Lurker and others have done our DD and know where this company is going"
Lurker does not know where this company is going, he only hopes it will make it.
Everyone should do their own DD and not listen or rely on others.
My take on things.
Why did EI file for an extention?
No money?
Not ready with financials?
Need CFO?
Or is it that the financials look so bad they are afraid that people will be totally pissed.
Or are they hoping that they get final approval from FINRA before they have to release the financials. This might ease the pain.
I'm not sure, but we shall find out in 14 days.
The uplisting is complete?
Do you have info. that others don't
Whatever,
If you say so.
EI doesn't make any mistakes or errors, do they?
I quess when EI was dealing with the SEC and the SEC required or gave comments to EI to correect or explain, it was the SEC fault.
I quess putting out additional filings was the SEC fault too. Which some believe has delayed the uplisting.
I also quess the additional comments the MM gives EI to explain or correct for FINRA, is FINRA and the MM's fault. Not EI's?
Amazing, YES EI
The process is easy to understand.
WOW,
I like this Part of your post:
" An impaired primate subspecies could fill it out."
If it is so easy and only takes 30 days to get approved, why is it taking ETNL over 90 days.
Did an impaired subspecies fill out the form?
"Typically, the clowns of FINRA take their cute little application form and in 30 days list the stock as the real work has already been done and its a formality.
Did you even look at the form? I doubt you did. An impaired primate subspecies could fill it out. It's basically information required to place the list accurately. Approval means they typed in the info and the listing is in place."
And who would be wrong with their info. on uplisting?
Again. The SEC has Declared Effective Eternal Images Registration Statement so EI becomes a fully reporting company.
SEC doesn't approve the uplisting to trade on the OTCBB
FINRA does.
The Company will now have an application submitted to FINRA (the Financial Industry Regulatory Authority) for "approval" to have its common stock traded on the Over The Counter Bulletin Board (OTC:BB). This is a process that is expected to take approximately 30 days.
KEYWORD "approval"
-------------------------------------------------------
Eternal Image’s Registration Statement Has Been Declared Effective by the SEC
EI Becomes a Fully Reporting Company
Eternal Image, Inc. (the “Company”) (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced that the Company’s registration statement on Form S-1 has been declared effective by the SEC. As a result of the registration process, Eternal Image has become a fully reporting company. The Company will now have an application submitted to FINRA (the Financial Industry Regulatory Authority) for approval to have its common stock traded on the Over The Counter Bulletin Board (OTC:BB). This is a process that is expected to take approximately 30 days
Five,
Do a lot of companies trying to uplist to the OTCBB like EI, file for extensions?
Will this delay the uplsiting?
Licenses?
I don't believe they own these.
They pay Royalties and also a min. amount every year just to use these Brand names.
They don't own them.
Being in business for 2 plus years, does Eternal Image own any assets?
ie, building, land, etc.