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If I was FINRA, I believe it would make a differance.
It would bring more questions to the table.
Question?
What is FINRA's made purpose?
They are here to protect or try to protect the shareholders.
They are also here to investigate new companies, making sure they are up to snuff and they are not trying to fraud the shareholders. They want only good legitimate companies to uplist to a higher exchange.
Is Eternal Image one of these companies?
Time will tell.
It is to every shareholders best interest that they investigate ETNL to the fullest extend.
I hear everyday people complaining about FINRA.
Who's best interest are these people more concern with?
Eternal Image or the shareholders?
SOOOOOOOOOOOOOOOOOOOOOOOOOO
Do not critize FINRA, thank them for doing their job.
"formality"
I keep hearing this term.
I'd call 90 days and more, more then formalities.
Not correct dear sir.
"I just can't seem to come up with a bad time for a company to announce that they have received approval from the SEC to uplist to the bulletin board."
SEC doesn't approve companies to uplist to the OTCBB.
FINRA is the one that approves Eternal Image stock to be traded on the OTCBB.
Again, not the SEC but FINRA
__________________________________________________________
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.
Hey Roy,
Remember nothing in live is free.
Also, according to your last post:
You stated:
"...first of all they are getting the exposure from all the funeral homes,"
I'm sure they're getting some, but not from all the funeral homes like you stated.
Unless I missed that PR.
If they were getting exposure from every funeral home, the stock price wouldn't be where it's at right now.
Company is doing fine by themselves in lower the PPS, don't need my help.
Playing both,
Can't have it all in one basket.
LOL,
PPS will go higher, with a R/S
Share count will be lower.
130,000 @ .0095
Seems someone wants out bad.
Retail or Insiders?
Good Morning Jim and all
Looks like sub-penny coming around the corner.
Hey Roy,
"They are getting massive exposure FOR FREE...!!!"
Nothing is free by the way.
Eternal Image pays $6,000 per. month for this so called free stuff. That's $72,000 per. year.
So it's not FREE
http://www.sec.gov/Archives/edgar/data/868756/000105291808000473/eternalimages1adec1808f.htm
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
You never know what might happen. That's why we should not buy stock unless you can afford to lose it all. I lost big time with ETIM/ETNL last year. Could of sold at .0075-.0080 and didn't, rode it back down, didn't flip none. I saw my acct. reach $104,000. Finally got out to cut my loses. I use to believe in this company and managenent. But those days are long gone.
I flip now, trying to re-coup some of my loses.
I do remember your post. Seems your call was right on.
True, but the writing has been on the wall for a long time.
This is just a flipping stock now and in the future.
.032 to .0095 is a big drop.
All time low.
Good to hear from you and have a great day.
May want to wait. I see this thing going lower.
Hi, Jim
Same old stuff. Delay in the uplisting, JP left. Clint and crew selling shares. No PR on Revenue.
What can I say
The window is cracking, .0050 by next week, IMO
BID:
1 @ .0095
4 @ .0075
6 @ .0001
Upset shareholders, maybe?
Will etnl hit .0050 before the week is up?
.0095 coming up.
What a POS
Good Job Clint.
Milking the shareholders and see what it gets ya.
Not the way I read it. SEC doesn't approve companies to uplist to the OTCBB.
The way I read this, The SEC only declared Eternal Image registration statement effective, which results in Eternal Image becoming a fully reporting company. Which is part of the requirements for the OTCBB.
It does not mean the SEC has approved EI to uplist to the OTCBB.
FINRA is the one that approves Eternal Image stock to be traded on the OTCBB.
Again, not the SEC but FINRA
__________________________________________________________
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.
Amazing,
So EI is responding to the MOON.
Just formalities I guess.
"We await FINRA's response to our latest response and will keep everyone informed of our progress!"
Best Regards,
Tony Fazio
It's amazing how some think that this process with FINRA's is only between the MM's and FINRA and that Eternal Image has nothing to do with it. I've seen comments such as "It's out of EI's hands," "They have nothing to do with it", It just goes to show you that some need to be educated on the actual process of what actually takes place when a company actually trys to uplist to a higher board.
It also seems that dealing with FINRA is more then just Formalities, like some have implied and that it requires that the company have all their I's dotted and their T's crossed.
It also seems that with all the comments that EI had to anwser dealing with the SEC, a lesson should have been learned, so that future comments or mistakes could have been avoided.
Why didn't EI hire a professional to deal with these type things, or if they did, they need to fire this person.
I also believe that adjustments to the A/S or other admendments represented by these additional filings are slowing things up as did the additional filings they did while getting approved by the SEC.
As time goes by, lessons should be learned.
--------------------------------------------------------------
Quote from Tony:
"It's easy to imagine all sorts of conspiracy theories and of course, everyone seems to have their own insight -- but all we can do from our perspective is follow the rules and respond to each and every comment as expeditiously as possible.
We await FINRA's response to our latest response and will keep everyone informed of our progress!"
Best Regards,
Tony Fazio
Lucky to get .030 on a good P&D
Revenues?
"By this ratio I would say not to many are worried about their investment...."
Hey Lurker.
I didn't see anything in the survey saying these people aren't worried about their investment.
Let's do another survey.
Question?
How worried are you about getting their investment back?
1) Extremley worried
2) Somewhat worried
3) Already given up
4) Not worried at all
A survey like this will tell you how worried people are.
So what's the latest on the uplisting? I've been gone for a few days and just wanted to know if I missed anything.
I thought from what some said here after being approved by the SEC that this step was just formalities. Just paper work. No big deal.
What's this 90 days or so, since being approved by the SEC?
Seems that things around the ETNL world just don't work quickly.
Amazing how things turn out.
Or do they?
"Gotta pay the execs first ya know...."
The shareholders have been doing this with Eternal Images officers for a long time.
EI needs to start paying the shareholders back.
Millions of Bonuses given to Clint and Officers.
www.sec.gov
That would depend on the the A/S and a few other factors. It sure wouldn't be trading down here at the current PPS.
Time will tell.
"We ran to 34 after as well...NOT an issue..."
That was after the Pump and Dump and now the PPS are at a all time LOW.
The P&D didn't do anything but damage the stock.
I figured ETNL would get a little bounce today, but that didn't happen.
The UPLISTING wouldn't have much if any effect either, unless the can show some strength in REVENUES at the same time.
People are finally waking up and want to see some major progress.
Hi Al,
If there is anyone on this board that I listen too and read their post, that would be you. You do have some good points that you bring to the table. Do I agree with all you say or post? Not all.
This one statement "it sounds like a company eager to learn from their mistakes."
"Eager to learn".
EI, Clint has been making mistakes for a long time, especially with the financials.
Will this new company they hired help? We don't know, this will have to be seen.
Question?
Did this company have a hand in this past $54,000 loan?
I remember this statement that was in the PR and it stuck in my mind.
"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."
How long have they been working with each other?
.
Edit my previous post. You are totally correct. It cost the shareholders.
Thanks for the correction.
True, as long as they didn't borrow another toxic loan to pay it off.
Hopefully not.
Revenues and future filings will tell the complete story.
Good Point.
At today's PPS of .0115 that equals $10,350 extra dollars that loan cost Eternal Image.
That should be the post of the DAY.
"We now have a fair and balanced post!"
Historical PPS & Vol.
IS THERE A PATERN HERE?
2009/03/16 0.012 0.013 0.011 0.012 314,600 0.012
2009/03/13 0.011 0.013 0.011 0.011 600,892 0.011
2009/03/12 0.013 0.013 0.011 0.012 1,659,840 0.012
2009/03/11 0.012 0.015 0.012 0.013 281,190 0.013
2009/03/10 0.013 0.013 0.011 0.012 1,637,253 0.012
2009/03/09 0.014 0.014 0.012 0.013 3,408,573 0.013
2009/03/06 0.013 0.014 0.013 0.014 1,050,508 0.014
2009/03/05 0.015 0.015 0.014 0.014 728,750 0.014
2009/03/04 0.014 0.015 0.014 0.015 299,866 0.015
2009/03/03 0.015 0.015 0.013 0.014 547,068 0.014
2009/03/02 0.015 0.015 0.014 0.014 1,051,842 0.014
2009/02/27 0.015 0.017 0.015 0.016 855,633 0.016
2009/02/26 0.015 0.015 0.015 0.015 1,318,786 0.015
2009/02/25 0.016 0.016 0.015 0.015 2,453,638 0.015
2009/02/24 0.016 0.017 0.016 0.016 2,490,947 0.016
2009/02/23 0.017 0.018 0.016 0.016 1,346,698 0.016
2009/02/20 0.017 0.018 0.016 0.017 859,082 0.017
2009/02/19 0.019 0.019 0.017 0.017 977,227 0.017
2009/02/18 0.018 0.019 0.018 0.019 754,000 0.019
2009/02/17 0.021 0.021 0.018 0.019 904,834 0.019
2009/02/16 0.020 0.021 0.020 0.021 1,650,069 0.021
2009/02/13 0.020 0.024 0.018 0.021 1,650,069 0.021
2009/02/12 0.018 0.020 0.017 0.020 1,308,102 0.020
2009/02/11 0.018 0.018 0.017 0.018 1,807,186 0.018
2009/02/10 0.020 0.020 0.017 0.018 633,961 0.018
2009/02/09 0.020 0.020 0.018 0.018 1,150,350 0.018
2009/02/06 0.020 0.021 0.020 0.020 998,564 0.020
2009/02/05 0.020 0.023 0.020 0.020 1,373,974 0.020
2009/02/04 0.023 0.024 0.020 0.023 2,094,192 0.023
2009/02/03 0.024 0.024 0.020 0.023 2,209,481 0.023
2009/02/02 0.025 0.025 0.023 0.024 1,492,420 0.024
2009/01/30 0.024 0.028 0.024 0.025 1,367,480 0.025
2009/01/29 0.034 0.034 0.022 0.024 6,456,747 0.024
2009/01/28 0.027 0.027 0.023 0.024 1,598,712 0.024
2009/01/27 0.025 0.027 0.024 0.025 1,088,400 0.025
2009/01/26 0.027 0.030 0.025 0.025 1,199,131 0.025
2009/01/23 0.023 0.027 0.023 0.027 4,201,293 0.027
Seems .011 maybe the bottom, time will tell.
http://stockcharts.com/h-sc/ui?s=ETNL&p=D&b=5&g=0&id=t25965122392&r=6823&depth=24&listNum=&cmd=chartnotes,739|805
"Creditworthy... yes, I would view ETNL as credit worthy."
The stock ETNL is creditworthy or Eternal Image is creditworthy? Which one did you mean?
And please explain why you think this?
Today is 3 consecutive days at .0125 and under.
3/12/09 - .012
3/13/09 - .011
3/16/09 - .0115
Clint will have to pledge another 12,500,000 shares as collateral for the $54,000 loan. If EI pays the loan off on time, then he will not lose it and will get it back.
This is true.
How it opens and closes is what most people and the charts go by.
Later