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woods cabrera choi cink furyk 268
this should keep the confusion on the share count going...
on the 10K...
on page 45 it lists the common shares issued and outstanding on 9/30/08 as 380,244,044 and on pg 42, item 13. shows, in 2009 numerous note holders converted debt of $650,750 into 202,031,693 shares of common stock. the number of shares issued and outstanding on 12/31/08 shown on pg 23 show the same as on 9/30/08. that would bring the total issued and outstanding to 582 million...
the preferred shares are no voting and non saleable. in order to do anything with the preferred shares bitters would have to convert them to regular shares at a 3 for 1 conversion rate.
last i checked charles bitters owned about 325k shares after the reverse split. if he decides to convert his preferred shares you can begin your complaining about them...
it is nice to see you here to support mrd....
i can understand why you are still upset after you bought aenp high and sold aenp low...it could not be your fault your timing was so poor in buying aenp high and then selling low...
when were the
3,500,000 issued? how long has he held them. without this "CEO" the company does not exist.
The Company is authorized to issue up to 10,000,000 shares of common stock under the 2008 Non-Qualified Stock Option Plan (the “Plan”). The Plan is to assist the Company in securing and retaining Key Participants of outstanding ability by making it possible to offer them an increased incentive to join or continue in the service of the Company and to increase their efforts for its welfare through participation in the ownership and growth of the Company. As of March 31, 2009, no grants under the Plan had been issued by the Company.
the key here...charles bitters has never, NEVER, used these shares...
your innuendo never ceases to amaze me...are you that bitter, a buy high/sell low, stock trader....
The Company is authorized to issue up to 5,000,000 shares of preferred stock, $0.0001 par value per share, of which 3,500,000 were issued and outstanding as of March 31, 2009.
these shares were issued to charles bitters long before the reverse split and were not affected by the reverse split. these shares are non voting shares and would have to converted by charles bitters. to date, he has not chosen to convert these shares.
The Company is authorized to issue up to 500,000,000 shares of common stock, $0.0001 par value per share, of which 20,360,389 were issued and outstanding as of March 31, 2009.
if you want to go way back in the history of this company it seems only fair that you should mention the dividend the company issued of a 5 for 1 stock split....
your statement is incorrect.
no insider benefited from the r/s(the r/s occured in sept. of 2007. there have been no third party loans secured with the selling of shares since sept of 2007. there has been no dilution since sept. 2007.
Pinocchio, Snow White, and Superman are out for a stroll in town one day. As they walked, they come across a sign: "Beauty contest for the most beautiful woman in the world."
"I am entering!" said Snow White. After half an hour she comes out and they ask her, "Well, how'd ya do?"
"First Place!" said Snow White.
They continue walking and they see a sign: "Contest for the strongest man in the world."
"I'm entering," says Superman. After half an hour, he returns and they ask him, "How did you make out?"
"First Place," answers Superman. "Did you ever doubt?"
They continue walking when they see a sign: "Contest! Who is the greatest liar in the world?" Pinocchio enters.
After half an hour he returns with tears in his eyes.
"What happened?" they asked.
"Who is Nancy Pelosi?" asked Pinocchio.
closed up 35% yesterday, as investors hit the buy button...
that might have been doc getting rid of his "1" share and taking his profit....lol
could you show us any dilution since the r/s????
could you show us any dilution in 2008????
if not, what is all your blathering about????
with over 200 drilled wells to manage....your point is they didn't drill any new wells and only generated 1.8+ million in revenue....
Number of Employees 10 11
Oil and Gas Wells
Gross 207 220
Net 204 215
Acreage
Gross 7,701 7,811
Net 7,393 7,394
Reserves
Proved Oil (MBBL) 7.728 6.934
Proved Natural Gas (BCF) 40.522 1.58
Production
Oil (bbls) 11,501 14,144
Natural Gas (mcf) 88,711 81,928
Total Equivalent (bbls) 26,286 27,799
Average Sales Price
Oil (bbls) $ 93.21 $ 68.74
Natural Gas (mcf) $ 8.66 $ 7.42
Natural Gas Equivalent (mcfe) $ 51.98 $ 44.52
whether the boys in texas choose to communicate with anyone or simply file the necessary documents required by the sec, they are still in business and the numbers from '07 to '08 speak for themselves. still have 10 employees and have not diluted the the outstanding shares.
Years Ended
December 31,
2008 2007
Revenues $ 1,842,059 $ 1,581,661
Total Operating Expenses 3,617,895 3,743,656
Operating Loss (1,775,836 ) (2,161,995 )
Total Other Income (Expense) (372,716 ) (121,982 )
Net Loss $ (2,148,551 ) $ (2,283,978 )
Net Cash Provided by Operating Activities $ 117,874 $ 122,368
interesting you missed this...
oil sales of $1,072,005 on 11,501 bbls = $93.21 avg price of barell sold...so let's see, avg prod. cost of $86 and avg selling price of $93...oil sales over a million and total sales almost 1.9 million....outstanding shares just over 20 million(so there has been no dilution)....you seem to find the negatives and are able to ignore any positive...
Year Ended December 31,
2008
Production
Oil (bbls) 11,501
Natural gas (mcf) 88,711
Natural gas equivalent (mcfe) 14,785
Total equivalent (bbls) 26,286
Oil and natural gas sales
Oil sales $ 1,072,005
Natural gas sales 768,538
Total (A) $ 1,840,543
Average sales price
Oil ($ per bbl) $ 93.21
Natural gas ($ per mcf) 8.66
Natural gas equivalent ($ per mcfe) 51.98
Average production cost
Total equivalent ($ bbls) $ 86.18
did you miss this highlight...
Net Proved Reserve Summary and PV-10 Forecast from December 31, 2008
Reserve
Categories Oil
(MBBL) Gas
(BCF) Cash Flow
($) PV-10
($) (e)
PDP (b) .303 5.927 $ 36,542,066 $ 6,884,536
PDBP (c) .230 7.500 45,733,971 12,201,860
PUD (d) 7.195 27.095 396,669,564 127,959,348
Total Proved (a) 7.728 40.522 $ 479,330,566 $ 147,045,744
Stereo Vision Lands $33M Two Picture Financing Deal with XA Worldwide
HOLLYWOOD, Apr 20, 2009 (BUSINESS WIRE) -- Stereo Vision Entertainment, Inc.
(OTCBB:SVSN) a film production company focused exclusively on producing
high-quality, low-cost, polarized 3D feature films, announced today that a
thirty three million dollar joint venture agreement has been completed with XA
WORLDWIDE INC.
Stereo Vision's Chief Executive Officer, Jack Honour, stated, "This J/V
agreement commits XA Worldwide to provide the collateral to finance two films to
be produced by Stereo Vision, by providing thirty three million dollars for an
XA Worldwide/Stereo Vision joint account, with XA Worldwide's financial services
company, LPL Financial Inc.
The XA WORLDWIDE/Stereo Vision joint thirty-three million dollar LPL Financial
account will be used to collateralize up to an $8 million dollar loan for Stereo
Vision's production of their dramatic feature film, Three Dimensions Of
Jerusalem, and to provide pre-production funding and collateral for the
financing of Stereo Vision's twenty five million dollar family fun pirate's
feature, Booty in 3D. Per this agreement, XA Worldwide will recoup all monies
derived from the thirty three million dollar joint account until their thirty
three million dollars in collateral has been released back to them, after which
Stereo Vision and XA Worldwide will split 50-50 in perpetuity, all earnings from
the Three Dimensions Of Jerusalem and Booty in 3D film properties. This Stereo
Vision/XA Worldwide J/V agreement supersedes all previous Three Dimensions Of
Jerusalem and Booty in 3D financing proposals."
About XA Worldwide Inc:
XA Worldwide Inc is a private Florida corporation that creates Internet, mobile
payment, and social media technologies. XA Worldwide is quickly becoming one of
the fastest growing innovators in the Internet and mobile technology arena. XA
Worldwide is interested in providing financing options for unique and
extraordinary business opportunities that further assist them in their
technology efforts and future business lines. XA Worldwide's CEO, virtuoso
guitarist, Internet entrepreneur, and reality show star, Michael Prozer, stated,
"Stereo Vision, and their Three Dimensions Of Jerusalem and Booty in 3D film
properties are precisely the kind of partnerships we're interested in forming."
Stereo Vision has followed a timely vision, put together a team of top talent,
and continued to forge ahead through a difficult economic period, and now their
time has come. XA Worldwide is committed to working with the Stereo Vision team
towards bringing these exciting films, as quickly as possible, to the rapidly
expanding 3D movie marketplace.
LPL Financial was founded with a pioneering vision--to help entrepreneurial
financial advisors establish successful businesses through which they could
offer truly independent financial guidance and advice. Today, LPL Financial is
one of the nation's leading diversified financial services companies and the
largest independent broker/dealer supporting more than 11,000 financial advisors
nationwide. LPL is also an enabling partner to a broad range of banks and credit
unions, as well as broker/dealers at leading financial services companies. In
2006, LPL Financial purchased UVEST Financial creating the nation's largest
provider of third-party investment services to banks and credit unions.
About Stereo Vision:
Located in Van Nuys, California, Stereo Vision Entertainment
(www.stereovision.com) is a film production company focused exclusively on
producing high-quality, low-cost, polarized, digital 3D entertainment content.
Responding to the incredible growth of digital projection 3D theater systems
worldwide, and the exploding demand for polarized 3D content, Stereo Vision has
been developing an exciting slate of commercial 3D movies, and going forward,
plans to become a leading supplier of 3D content to this rapidly expanding
distribution platform.
Safe Harbor Statement: Except for historical information, the matters discussed
in this news release may be considered "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These statements are
subject to known and unknown risks and uncertainties that may cause actual
future experience and results to differ materially from the statements made.
SOURCE: Stereo Vision Entertainment, Inc.
CONTACT:
Stereo Vision Entertainment
Jack Honour
512-608-8166
info@stereovision.com
woods, casey, villegas, els, norman...277
"I read an article today that Cermation is the new trend."
i have finally read something in one of your posts that is
accurate..."cermation" certainly is a new trend...
to the different people that took the time to go down and visit
the company. anyone have pictures of bitters or christopher?
if you do, could you post them here?
the uplisting to otcbb is complete. etnl is a bonafide
otcbb stock. the mm that etnl chose for their trading vehicle
made application to finra on 2/3/09.
does anyone know who the mm the clint chose is???
the application to finra was filed on 2/3/09 by the mm...
different state agencies in texas that have their fingers in
the rules and regs of texas oil seem to be behind from 3 to 6
months in most things they have responsibility for. i'm
trying to think of a gov. agency(local, state, federal) that
has ever done a job in a timely manner...
they paid it and the agency forgot to post it...
latest filing...
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION,
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 2, 2009
ETERNAL IMAGE, INC.
(Exact name of registrant as specified in its charter)
Delaware
000-18889
20-4433227
(State or other jurisdiction of incorporation)
(Commission file number)
(IRS Employer Identification No.)
28800 Orchard Lake Road, Suite 130, Farmington, MI
FFFarmington Hills, MI
48334
(Address of principal executive offices)
(Zip Code)
Registrants’ telephone number including area code: (248) 932-3333
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
SECTION 1 – REGISTRANT’S BUSINESS AND OPERATIONS
ITEM 1.01 Entry into a Material Agreement.
SECTION 2 – FINANCIAL INFORMATION
ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance
Sheet Arrangement of a Registered.
SECTION 3 – SECURITIES AND TRADING MARKETS
ITEM 3.02 Unregistered Sales of Equity Securities.
On February 3, 2009, Eternal Image, Inc. (the “Company”) borrowed $54,000 from High Water Capital Management, LLC. (“Lender”), an investment firm with offices in Hoboken, NJ and Austin, TX. The loan documents include: (A) Secured Full Recourse Promissory Note, and (B) Stock Pledge Agreement. To facilitate the loan, the Company’s president, Clint Mytych, executed the secured full recourse promissory note as a co-maker. The principal provisions of the loan documents include:
Secured Full Recourse Promissory Note
Date: February 2, 2009
Principal: $54,000
Term: 90 days
Interest Rate: 10% compounded annually
Lender: High Water Capital Management, LLC
Borrowers: Eternal Image, Inc. and Clint Mytych, co-makers
Security: 12,500,000 shares of the common stock of owned by Clint Mytych
Additional
Consideration: the issuance of 900,000 shares of the Company’s common stock to the Lender
Stock Pledge Agreement
Date: February 2, 2009
Security: 12,500,000 shares of the common stock of owned by Clint Mytych (additional shares
under certain conditions)
Pledgor: Clint Mytych
Pledgee: High Water Capital Management, LLC
Escrow Holder: Thomas E. Boccieri, Esq.
The executed Secured Full Recourse Promissory Note, Stock Pledge Agreement and Escrow Agreement are attached hereto as exhibits 10.1, 10.2 and 10.3, respectively, and incorporated by reference.
--------------------------------------------------------------------------------
SECTION 9 – FINANCIAL STATEMENTS and EXHIBITS
ITEM 9.01(d) EXHIBITS
Exhibit Number
Description
10.1
10.2
10.3
Secured Full Recourse Promissory Note
Stock Pledge Agreement
Escrow Agreement
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
ETERNAL IMAGE, INC.
Date: February 6, 2009
By: /s/ Clint Mytych
Clint Mytych
Chief Executive Officer and Chairman
2-4-6-8-10-12-14-16-18-20-21-24-26-28-30-32-34-35-38-39-34
2-4-5-8-10-12
2-4-5-8-10-12-13-15-17-20-22-23
2-4-6-8-10-12-14-16-18-20-22-24
5 24 26 48
i'll stay with the same picks
1 24 26 48
i'll stay with the same cars/drivers this week...
i'll stay with the same...
no changes this week....
5 9 24 48
Ever heard of the Bakken Formation?
GOOGLE it or follow this link. It will blow your mind. http://www.usgs.gov/newsroom/article.asp?ID=1911
The U.S. Geological Service issued a report in April ('08) that only scientists and oilmen knew was coming, but man was it big. It was a revised report (hadn't been updated since '95) on how much oil was in this area of the western 2/3 of North Dakota; western South Dakota; and extreme eastern Montana ... check THIS out:
The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable.. at $107 a barrel, we're looking at a resource base worth more than $5.3 trillion.
'When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea.' says Terry Johnson, the Montana Legislature's financial analyst.
'This sizable find is now the highest-producing onshore oil field found in the past 56 years,' reports The Pittsburgh Post Gazette. It's a formation known as the Williston Basin , but is more commonly referred to as the 'Bakken.' And it stretches from Northern Montana, through North Dakota and into Canada . For years, U.S.oil exploration has been considered a dead end. Even the 'Big Oil' companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough ha s opened up the Bakken's massive reserves... and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!
That's enough crude to fully fuel the American economy for 41 years straight.
2. [And if THAT didn't throw you on the floor, then this next one should - because it's from TWO YEARS AGO, people!]
U.S.Oil Discovery- Largest Reserve in the World!
Stansberry Report Online - 4/20/2006 Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world is more than 2 TRILLION barrels. On August 8, 2005 President Bush
mandated its extraction.
They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth. Here are the official estimates:
-8-times as much oil as Saudi Arabia
-18-times as much oil as Iraq
-21-times as much oil as Kuwait
-22-times as much oil as Iran
-500-times as much oil as Yemen
Plus, it's right in the North Western United States!
James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East -more than 2 TRILLION barrels. Untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
----
WOW...what a finish...that is some kind of racing...