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Sure go ahead, assist me in interpreting the 8-K that mentions Matthews manufacturing products for EI and selling them to EI, and let me know how that is a revenue for EI rather than a liability.
I have no clue what generation your mom is from...or what licensed product will reflect on her life. It is not necessarily a concept "for everyone". Heck, if one in 10 people chose an EI licensed product I will be well taken care of with the shares I have...LMAO
If mom is not a baseball fan or a devout Trekkie maybe she would like a casket with a Louis Vitton liner...or maybe she liked Harley's...IDK...Send a request for a new license to EI if the one's they have today don't suit you and your mom.
I wonder how producing more product will lead to more sales than the near zero we've been getting.
Yes I agree.
It seems like originally EI was manufacturing overseas and the plan was to "take on" the other players in the industry. Now they are working with them.
I like the way the way the VOF license came out as a packaged deal for two years. If EI can continue to put these kinds of deals together and establishes themselves as the industry's licensing experts I believe shareholders will be rewarded in the long run. I think we will start to see that this year.
I think the baby boomers are the market for personalized funerals. Pre WWII not as likely to be interested in this IMO. My grandmother would cross the street to pick up a penny...lol
The leading edge of the baby boomer generation is just starting to enter this market. I'm not concerned about the history of licensed products...just the future.
Thank you again...good explanation.
I only dabble in this...and my intention when I started was simply to "invest" in EI the company. I have come to realize after watching another stock go up and down that there is much I still need to learn about the differences between investing and playing.
I am just growing weary of the "playing" of ETNL trampling all over my "investing"...heartless SOB's...anything for a buck I guess...LOL
Thank you for explaining that. I believe that is exactly what happened in 2009...it fits with what I observed then...the rise in pps was fast and the drop was precipitous. I have since seen that with a couple of other stocks...one ran from .002 to .03 and is now below 002...all on hype.
I didn't get that same feeling this time around with EI. Price did not go down precipitously this time. The paid promo came after the run had already peaked at 013. Seemed like pps churned pretty good for awhile after the promo and then just ran out of gas. I don't see where the dump occured, which leads me to question whether it was actually a P&D. I think our history hurts us and it will take Q's now to prove the company is legit. I believe they are legit, but understand why other remain skeptical.
I suppose I am a little too trusting...The lender who paid for the promo did announce they had been buying shares into the run, but claims not to have sold any shares during it and EI announced that this lender's shares are now locked up with their SEC attorney for six months. It seems a statement like that would be subject to the scrutiny of authorities if not true.
I agree
I didn't see a P&D here. But I do think there was a comedy of errors surrounding this last run. I don't think the promo was a good idea because P&D is always the first thing that comes to mind. And I think it was pointless for Clint to buy tiny amounts of shares as that seemed unusual as well.
But, the promo was paid for by a lender that increased it's holding significantly and locked those shares up for six months...with EI's SEC attorney...not "dumping" them into the market. One officer of the company sold an insignificant amount of shares IMO...hardly enough to be considered a "dump"...and supposedly to provide operating capital to the company.
It seemed to me there was healthy churn for quite awhile around .01 until "players" took control back. Probably will be like that until "real" investors show up...They will come if the Q's show promise...IMO
Was there something about the recent trading that leads you to a P&D conclusion? Or is it simply because there was a 3-day paid promo and therefore it has to be a P&D? I'm new at this...just trying to understand where you are coming from with the P&D scenario. We did have a real P&D in January 2009 IMO...but I did not that see it that way this time around.
Thank you for pointing that out.
But 5 years or 10 years...my point was that EI has a longer agreement with VOF than they have with Matthews...which IMO means that EI has assumed some risk here...and that Matthews did not assume "ALL" the risk.
Would you agree on that?
I am very interested in the financials...but a 56 day countdown for information seems rather silly. This new revenue won't likely show up in the Q's that quickly. But we should start to see results from the PM line soon.
Mid...I agree with you on one thing...We are being held back somewhat by our past...so I understand why Q's will be important to serious investors. But, I also think that until we climb out of penny land we are going to be subject to greedy profiteers who simply "play" the stock. The serious investors are taking advantage of the overall market "re"growth right now...and aren't likely to take risk they don't need to take.
I had hoped that the uplist would push pps high enough that the market "players" would not see ETNL as easy pickings anymore...we still need a leg up for this to happen...I think it will only happen if the Q's show a trend towards net profit...then the serious buying can begin.
I believe the Matthews deal is a step in that direction..at least it proves the company is still moving forward...many gave up on that last December. I think it is extremely unfair to call the Matthews deal nothing more than a carrot.
It is simply not true that EI assumed "NONE" of the risk. You don't think EI assumed risk with a 10-year license agreement with VOF at $200k per year. That is a $2m committment. Forget about candles for the moment. Matthews can get out in 2 years if they want...right...leaving EI holding the bag for the remaining 8 years of the VOF license? The buyout clause in the LOU suggests to me that Matthews sees something here that you do not see.
Rather than speculate that the Matthews deal is no good for EI...why not just wait for the Q's to speak for themselves...by EOY these questions about the Matthews deal will be academic. IMO
Even if EI only makes 3% net profit out of this package after covering the annual license fee...that would work out to be $60k net profit on a 2 million dollar deal. Ten similar licensing deals would be $600k net profit...see where EI might be trying to go with this. EI specializes in license aquisition and maintenance...skimming a percentage off the top from the product manufacturer to cover expenses. Keep the profitable licenses and let the others go if they don't produce over time.
The same logo appears on the VOF website...although it is not a color version.
VOF website
I'm imagining the branding on the new VOF line might include the Vatican Coat of Arms. I think the first concept included a black option and a white option.
Vatican Coat of Arms
Are we reaching the point in the trading cycle where flippers try to push ETNL pps down so they can make more money?
Funny...sell to 86 all day, but not to 88???
Gives new meaning to the word "looonnnnggg..." doesn't it.
Oh yeah...I've seen enough already to nibble dips on the way up.
EI finally figured it out...Instead of manufacturing overseas and competing with the established industry, they have joined it...Roll out a new license with a manufaturing and sales contract in place "at the same time"...If we had started out this way a few years back we would all be sitting pretty right now.
This business model totally shoots down the argument of some that EI shouldn't pursue new licenses until the existing licenses prove themselves. The new MATW deal will greatly surpass in it's first year all of the other licenses combined...
IMO...if the old licenses prove to be a drain on the company we should dump them and keep moving forward...although I think they should be given more time to prove themselves.
Investors, sometimes, cut their losses and move on.
LFM...Thank you for catching that. I was going off memory.
$200k per year...just that much better!!
I'm sure I'm not the only one to speculate that the LOC ended up being the $200k from EA at 8%...which could have gone to VOF for the first payment on that license. Another $200k every quarter goes to VOF...likely covered by revs from the MATW deal. That suggests to me that the MATW PR and associated new revenues will need to be sooner rather than later...It has to be playing out that way.
And a new license...hopefully with a similar arrangement.
Plus EA has held all their shares from a year ago...is buying more shares...and locking up 40m+ of them for 6 months. That is NOT a small gesture when the shares were obtained at .002 and 40m+ just traded in the vicinity of .01.
Lock shares up for 6 months! What lender is going to do that given the road EI took to get here! That really makes me curious about what EA knows of the road ahead. The new license deal must ROCK!!!
Assuming no "hype" or momo...IMO...
I think the details that we currently have on the MATW deal are sufficient to sustain pps between .01 and .02 with good communications from the company.
If we get more details on MATW deal and the company looks for certain to be on a course to profitability by EOY I think pps is .02 to .04
If we roll out another license with guaranteed multi-million revenues and the company becomes profitable by EOY I think we are .05 to .10
Keeping in mind that 600m shares at .10 is 60m market cap. I think that will take some pretty decent profits in the 10Q's to hold that kind of pps.
JMHO
“Baby boomers have had an impact on every aspect of society — and funeral service is no exception,..."
It is just the leading edge of the baby boomer generation that is hitting this market right now. Wait another 10 years and see!
A 2007 national survey commissioned by the association found that 23 percent of respondents wanted a “very personalized funeral.’’ And that figure, High said, appears to be rising at a time when the US death rate is static and per-funeral profits have plummeted since the 1980s.
That 23% should be 50% in 10 years...EI...right place...right time...IMO
Call it what you like...but it looks like a "clause" to me...and the topic does has to do with buyout rights.
As for the company being worth $500k (.001 pps)...I think you are way off...IMO
Is a buyout likely? Watch out if the next license develops in the same way VOF and Star Trek are being rolled out. Second largest casket manufacturer in the US likes the way EI is doing business.
From the Matthews CEO in February 2010...
Revenue at Matthews International Corp., the second largest U.S. casket maker, fell 4.6% to $780.9 million for its year ended Sept. 30. In its fiscal first quarter, sales nudged up overall but fell at the casket business as customers bought fewer and cheaper units. Matthews also makes bronze memorials for cemeteries, cremation equipment and mausoleums.
"We saw a decline in the overall price of our caskets sold," says CEO Joe Bartolacci. He's now making acquisitions in areas of the funeral business he considers more promising, such as cemetery markers....hmmmmmm buyout???
http://online.wsj.com/article/SB10001424052748704511304575075811946202750.html?ru=yahoo&mod=yahoo_hs
Do you think the full potential from the Matthews deal has been realized even though the PR for the product line has been held back "by" Matthews?
Reputation is the only thing holding "us" back right now...but that is only going to hold the pps down... and then only for awhile longer.
Unlike ETNL, EI just made a giant stride forward. This is exactly the kind of thing we were all waiting for throughout 2009. And now it's here...and I'm liking it. And EA likes it so much they put their 40m+ shares in EI's vault for 6 months starting today.
Mid, I'm looking forward to the day when the light bulb clicks on again. I think...for you it might be when the 3rd quarter 2010 financials are filed. I predict the rest of the cautious investors will be back in by 2nd quarter financials. I'm already convinced pps should be stable at 02+ right now...and I haven't seen last years financials yet. I don't expect them to be stellar...not yet...but am expecting best revenue year since 2007.
Come on...at least you gotta admit things are looking rosier than 4 months ago.
It HAS been a rough road to this point...held strong all week even after "visions" of Jan/Feb 09 all over again...40+ million shares locked up by a financier that could be selling them...today...for five times the value they got them for.
Reputation is holding us back right now or this would have already blown up...IMO
Maybe we should focus on "revenue" first...I see lots of that coming by EOY.
Awesome news...I take back everything negative I ever posted about EA.
IMO...There is no way a financier holding a $200k note and 40 million shares would voluntarily lock up all those shares for six months in an escrow account if they did not believe EI is on solid ground at this point.
I had assumed EA was selling the whole time based on previous filings.
I think the annual is due by end of March.
Would it have made you happier if the PR said...
EI has started a new division to sell Vatican licensed candles to catholics...and we hired a division manager with 30 years experience in the gift industry as a principal owner of a company with 500 employees. Oh yeah, and the company specialized in unique licensed gifts.
Would that make you feel ok? Cause that is how I look at it, and depending on the compensation arrangements think it was a good move and worthy of a PR from a small company trying to grow.
There are much bigger fish to fry in the EI pond. Someone throw the spam flag and delete some posts...pleeezzz...Mindless diatribe over ridiculously unimportant matters is a waste of Board space and everyone's time.
I think I'm starting to see what Babes meant with her last post.
Wow, "Cast Art" Colaptino's company, was "defunct" in 2008? What a leader.
I thought EA filed papers a few months back announcing their intention to sell 30m shares. They probably thought EI's recent accomplishments and anticipated future news would be a perfect time to repeat Jan/Feb 2009.
I bought into the 2009 P&D...not this time. It ain't gonna work this time around. Tomorrow should be last day of IRP. Friday is the day to pick up ETNL bargains IMO, because all the momo suckerzzzz will probably sell the shares EA fed them today...LOL
Just have to wait for this BS promo stuff to end. It is turning this into a big game for the time being. Anything below .009 is a "steal" with the Matthews deal coming up IMO...as mentioned we were looking strong with a great chart based on real news until the momo started.
Matthews deal will bring revs that I think solidly places ETNL in the .01+ to .02+ range WITHOUT hype. Just need ongoing good communication from corporate and non-fluff PR's...IMO
Momo go home, not welcome or needed here.
Dancy...He don't care...he got his money.
The joke...I guess is on EA and us...You can't do much of a P&D on this volume.
I bet next week when this B.S. is over the pps stabilizes back in the .01's and depending on news I think it is solid to .02 over the next few months. No more BS promos!!
14,500 might have been big last December, but I have been spoiled again the past two weeks.
The calm before the storm...lol
Like someone threw a bucket of cold water on the volume this morning. Everybody waiting to see who makes the first move?
Since I don't know how to read charts I can't tell what kind of selling and buying is going on with ETNL. Thank you for providing your opinions of the market forces. Saved my butt on another board.
EA got their shares for .002 PAR a year ago. Why throw $10k at something that is currently worth five times what you got it for?
Do you think EA is going for the really big score...and simply lighting a booster rocket before the MATW PR?
3 days...$10k...would need to sell a million shares at these prices to cover. Not hard to do.
Looks like Emerald Assets is at it again.
ETNL > www.shakerzandmoverz.com has been compensated for services of irp and market awareness for 3 days 3/9/2010 $10,000 by third party Emerald Assets
Link http://investorshub.advfn.com/boards/irp.aspx?userid=54291
I think Clint is signalling BUY! Probably cost more to file the paperwork than it did to pay for the stock...lol
Licenses coming...MATW coming...