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Heard that too. eom
In addition the PPT has been working overtime today. The sudden swing up in the DOW isn't being accomplished by ordinary investors who are very nervous right now.
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HMMMMMM I may have to watch the puts on all the financials....
Very good advice for anyone. This BSC thing is just the tip of the ice berg on a $500 TRILLION derivatives house of cards that has just began to tumble. If the FED and the other central banks worldwide would not be acting together to inflate our way out of this, it would be 1929 or worse. Trouble is when the mess is finally cleaned up, all that newly printed money is going to floating around looking for goods and services to spend it on. I think we all know what that will mean.
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NH- I think we'd all get down on all 4 knees if it would help. LOL
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stevo- I hope you are right. Best of luck
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I wish all here well. When I called the TA myself and verified the dilution, I got out. Whoever got my shares I hope they make lots of $$ for you. I'm not going to hang around and bad mouth the company, my small loss is offsetting other gains, so no biggie. Someone needs to keep track of the OS on a daily basis. The longs here can be commended for supporting the share price in the face of the dilution news, but with almost 5 billion AS now possibly in play and the company diluting, your powder will run out long before they stop issuing new shares. As with many pinkies, this could lead to an eventual reverse split. I hope for everyone's sake that I'm wrong and this was only a one time quick fix for the company and the dilution has stopped. I just wasn't willing to risk it.
Best of luck to all of you here.
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BHS- the sad part is that BSC was the first but won't be the last. Beware financial stocks!!!!!!!!!
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you are correct also. that spike can be very difficult to sell into as the mm's want to dump their own shares before selling for the retailers ie investors. The spikes do happen and the lucky ones do make a few $$. Far too risky for me.
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2 things that always trump the charts are news and dilution.
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just off the phone with the TA
authorized- 4,925,000,000
outstanding- 2,224,573,155
dilution
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camguy- just a fwiw, if I recall correctly, when the share price has gone down to .0002¢ in past times prior to the reverse splits, wasn't there a spike to the .0004 and .0005 levels on flurries of more fluff pr's? They were just spikes as the share price on the same day retreated to the .0002 level to the eventual .0001 level in the near future. I know the MMs love this stock when you get to the bid .0001 and ask .0002 levels. That's a 100% on each buy and sell, and they will sell you lots at those levels.
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just one man's take on this- the ESPN exposure was great. It will do well for our investment in the long run. The company seems to be on track and their game plan working. The real trouble here is being a pinkie. 98% of investors will not touch a pinkie with someone else's money yet alone thier own. Of the 2% that will, the one's that are invested in ETNL are by now saturated with shares and unwilling or unable to buy more. While this doesn't affect the company, it does affect investors that don't like to see that red in their accounts after the ETNL symbol. Unfortunately IMHO ETNL will trade in a channel between .025¢ and .03 until the uplisting to the otcbb. The stock needs to be available to a wider field of investors to make any significant share price appreciation. The uplisting should open the field to 10X more investors than would currently consider buying shares in a pinkie. So I do believe we are in a massive holding pattern here until we uplist. News and exposure will rpobably not do much to the share price until that happens. Comments are certainly welcomed.
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gold- $1600-$2000 this year. mark this post.eom
One of the things I noticed and haven't seen pointed out yet, was that this dedication to a sports team coupled with the journey to the afterlife is not just an American phenomenon. It is worldwide. I do hope our Irish partners are working diligently towards their end.
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just thinking- if NFL teams starting getting all kinds of emails from people that saw the ESPN piece wondering why they can't get a casket or urn from their favorite football team, how long would it take for the NFL to approach the company for a licensing deal? Those that watched this piece heard the writer saying it's all about the money.
IMHO- I just watched several million dollars in advertising for our urns and caskets. Cost to the company $0.00.
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almost half a million shares traded today. anyone hear anything?
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old news but look at the company it keeps.
http://www.detnews.com/apps/pbcs.dll/article?AID=/20080314/BIZ/803140337/1001/BIZ
good morning all
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Less than $2K traded today so far. CD holders get very angry when they can't dump the shares. Last reverse split happenned when they dumped about 20 billion shares. The way this is going this time, they may have to reverse split after only maybe 5 billion served.
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Just tread carefully. The subpenny world is a minefield. This company is located in the densest region.
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Some Beach- welcome to Ihub. Do your DD very carefully before you invest in this company. If you are a trader and a good one, you can make a few $$ here. If you are thinking of investing, keep in mind not one long term investor has made any money on this company's stock. 5 reverse splits have taken care of that. Read some of the posts from others here. They give some great facts about this company. Also check the iBox, as I keep a current and accurate outstanding share count there to show the continuing dilution. Best of luck to you.
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machiavelli- check out this link for ETNL.
http://www.katesboylston.com/NewsPage.aspx?newsID=1182
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Hi camguy- I'm updating the iBox with your figure. I was going to call on Friday, buy hey, what's 2 days. The dilution continues.
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lottery play here, worth a quick 50000 shares. eom
pks- try to remember, the only dumb question is the one you don't ask. IMHO the need for another reverse split is out of thought processes right now. Not that it won't surface in the future, but for now I don't think it is even being considered. They didn't need to do this one for the otcbb, however I think it was done because the AS structure was scary to a lot of potential investors, uplisting or no. The need for another reverse split in the future will depend on whether or not the company wants to seek a higher exchange listing. Higher exchanges require a higher share price. However, that could be negated in the years ahead with increasing sales and profits which would definately increase the share price without any kind of reverse split. Only time will tell. Also with the amount of flak the company got from shareholders after the way they did the reverse split, I think they may be a little gunshy at this point in time. Once again this is only my opinion.
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Hello all- FWIW only a few years back email boxes were getting filled with promos for SGLS stock as an up and coming company. A read of the disclosures saw that every one of them was paid either in stock or cash for the promotion. I know many companies here in pennyland do this, but at the time it seemed to me to be extremely excessive and very costly to the company and shareholders. I add this to the message about Carnes pumping his own company's stock. It should show that it isn't beneath him to do so. First post on this board and altho I try to keep up, it's difficult at times. You guys sure post a lot .
3 million shares strong here and holding
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That discription could certainly apply to ETNL, and probably a few others as well. If anyone gets the follow up on that post, kindly send it along. I for one am curious. Thanks
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Thanks to all. What these boards are all about is people getting together for discussions. We agree and we disagree all the time. Civility is the key. Thanks again
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PITA- yes, this will all pass and the company will prosper eventually. They have made some mistakes. It happens. Investor confidence is somewhat shaken and needs to be restored. IMHO it will happen once we get uplisted and the 10K's and 10Q's start showing progress and profits. I've always believed this to be a longer term investment and haven't changed my mind.
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NH- As in a previos post I stated that Clint and crew have been great at transparency, until the shysters came on board. What do you call 50,000 lawyers at the bottom of the ocean? A good start.
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This is definately a momo play. If you get it right you can do well. Timing is key. I hope the charts work out for you. Stick the MMs with those high priced shares. LOL
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I remember all that, but this NAR connection makes me uneasy, especially when the investment guy comes on to a message board. It smells. As a shareholder I want to know all, good and bad. No such thing as too much info.
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Pennypusher- charts are great and I use them myself at times. Been burned on some, did well on others. Over the years I have found that 2 things trump the charts. News and unstable share structure. Either and/or both will cause problems with chart reading. Just an FYI.
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Blue- couldn't agree with you more. The FED will try it's best to prop up the market by cutting rates, but how much can they do? When they run out of options I wouldn't be surprised to see the DOW at 6000. Gold and silver will skyrocket even from today's prices. All commodities will be in boom mode. This sub prime mortgage debacle is just beginning. Most don't realize it but there are trillions of dollars to be lost here.
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PITA- re NAR. I don't have the resources but I think they should be looked at closer. Racerx coming on this board pumping the stock right before a reverse split. Millions of shares sold right before the reverse split. It just smells funny to me.
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I believe what camguy is trying to say is that we have heard this before and it was BS then and will probably be BS now. You do have the right idea. Play it, if you marry it the divorce will cost you dearly. GL2U
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Hello pennypusher- FWIW Colby and Alex have always been telling investors that there will be no reverse split, and this goes back many years. Yet they have had 5 of them, of which there has been 1 in each of the past 4 years. At the current rate of stock dilution they will either have to reverse split or increase the authorized as those 30 billion will be eaten up long before the end of the year. If you're looking for a longer term investment run away as fast as you can. Not one long term investor has made any money with this company. Every one of them has been reversed out. If you are a smart trader you can make a few bucks here, but be very careful. Scroll down to the bottom of the iBox to look at the OS counts. It speaks volumes, and this pattern is being repeated again as it has many times in the past. Different company names, different ticker symbols, same people, same game. Best of luck to you
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just wondering- could all this buying lately be from the company and/or company management for themselves? They did release that they would be buying shares for them selves and the company treasury. And don't forget, until those #@# lawyers got involved they were very upfront with us.
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direct link to the report. It is a must read for anyone that is thinking of investing, or has already invested and has some nagging doubts about long term viability.
http://www.eternalimage.net/doc/Report.Sandstone.pdf
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hi basser- I think you have hit upon the reason that many have invested here. In a word- CHOICE. IMHO the largest segment of the buyers for EI's products will be still with us when they purchase. As afew on board familiar with the business here will attest, the funeral industry is old and stodgy with mores going back decades with little change. Along comes us baby boomers who since birth have been changing the very fabric of the American lifestyle throughout our whole lives. Will we want to continue making changes even as we age and pass on? Will we still seek the individuality we have lived all our lives? Very likely. It's the main reason, even after a few miscues by our management, I'm still here and have bought more after the R/S. Loved those .002's.
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OS count updated in iBox. eom