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News Flash..ETNL filed BK. Fkn Dirt Bags! I liked the MLB products, it was the reason I was interested day 1. I can't believe they got MLB to sign with them. Its terrible. This really turned out to be a turd.
Done and Done
News Flash..ETNL filed BK. Fkn Dirt Bags! I liked the MLB products, it was the reason I was interested day 1. I can't believe they got MLB to sign with them. Its terrible. This really turned out to be a turd.
Done and Done
this thing ain't over, nibble nibble. We came here for Baseball and MLB. I'd say the first place to look is to see if Eternal Image is in violation of their license agreement with MLB.
There is a rude awakening for those that think this is at an End.
Its far from over. Justice takes time. The last scam took longer than this one.
Yes you guessed it, we have been ripped off by these types more than once. WE might just write a book about it.
member 2006 to present.
thats irrelevant, we have just enjoyed arguing with you guys over ETNL for the past several years. This stock always seemed to have a chance but evidently never did. People were taken for a ride, don't blame people for having hope in their invested dollars, its not a sin to wish the best for your money Change Man..Besides this isn't our first rodeo. Things aren't always what they seem and people aren't always who they seem. Don't Assume too much...You could be chatting with a Federal Officer and not even know it or you could just be talking to a plummer. Either way both have abilities to clear the pipes..
http://www.justice.gov/criminal/fraud/internet/
Foreign Corrupt Practices Act
Acronym
FCPA
Enacted by the 95th United States Congress
Citations
Public Law
Pub.L. 95-21
Stat.91 Stat. 1495
Legislative history
Introduced in the Senate as S. 305 by William Proxmire (D-WI) on January 18, 1977
Committee consideration by: Senate Banking, House Commerce
Passed the Senate on May 5, 1977 ()
Passed the House on November 1, 1977 (in lieu of H.R. 3815)
Reported by the joint conference committee on December 6, 1977; agreed to by the Senate on December 6, 1977 () and by the House on December 7, 1977 (349–0)
Signed into law by President Jimmy Carter on December 19, 1977
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The Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. §§ 78dd-1, et seq.) is a United States federal law known primarily for two of its main provisions, one that addresses accounting transparency requirements under the Securities Exchange Act of 1934 and another concerning bribery of foreign officials.[1]
Contents
[hide] 1 Provisions and scope 1.1 Persons subject to the FCPA
2 History
3 Requirements
4 Application
5 See also
6 References
7 External links
[edit] Provisions and scope
The anti-bribery provisions of the FCPA prohibit:
Issuers, domestic concerns, and any person from making use of interstate commerce corruptly, in furtherance of an offer or payment of anything of value to a foreign official, foreign political party, or candidate for political office, for the purpose of influencing any act of that foreign official in violation of the duty of that official, or to secure any improper advantage in order to obtain or retain business.
[edit] Persons subject to the FCPA
Issuers Includes any U.S. or foreign corporation that has a class of securities registered, or that is required to file reports under the Securities and Exchange Act of 1934 Domestic concerns Refers to any individual who is a citizen, national, or resident of the United States and any corporation and other business entity organized under the laws of the United States or having its principal place of business in the United States Any person covers both enterprises and individuals
[edit] History
As a result of U.S. Securities and Exchange Commission investigations in the mid-1970s, over 400 U.S. companies admitted making questionable or illegal payments in excess of $300 million to foreign government officials, politicians, and political parties. The abuses ran the gamut from bribery of high foreign officials to secure some type of favorable action by a foreign government to so-called facilitating payments that were made to ensure that government functionaries discharged certain ministerial or clerical duties. One major example was the Lockheed bribery scandals, in which officials of aerospace company Lockheed paid foreign officials to favor their company's products.[2] Another was the Bananagate scandal in which Chiquita Brands had bribed the President of Honduras to lower taxes. Congress enacted the FCPA to bring a halt to the bribery of foreign officials and to restore public confidence in the integrity of the American business system.
The Act was signed into law by President Jimmy Carter on December 19, 1977, and amended in 1998 by the International Anti-Bribery Act of 1998 which was designed to implement the anti-bribery conventions of the Organization for Economic Co-operation and Development.
[edit] Requirements
The anti-bribery provisions of the FCPA make it unlawful for a U.S. person, and certain foreign issuers of securities, to make a payment to a foreign official for the purpose of obtaining or retaining business for or with, or directing business to, any person. Since 1998, they also apply to foreign firms and persons who take any act in furtherance of such a corrupt payment while in the United States. The meaning of foreign official is broad. For example, an owner of a bank who is also the minister of finance would count as a foreign official according to the U.S. government. Doctors at government-owned or managed hospitals are also considered to be foreign officials under the FCPA, as is anyone working for a government-owned or managed institution or enterprise. Employees of international organizations such as the United Nations are also considered to be foreign officials under the FCPA. There is no materiality to this act, making it illegal to offer anything of value as a bribe, including cash or non-cash items. The government focuses on the intent of the bribery rather than on the amount.
The FCPA also requires companies whose securities are listed in the United States to meet its accounting provisions. See 15 U.S.C. § 78m. These accounting provisions, which were designed to operate in tandem with the anti-bribery provisions of the FCPA, require corporations covered by the provisions to make and keep books and records that accurately and fairly reflect the transactions of the corporation and to devise and maintain an adequate system of internal accounting controls. An increasing number of corporations are taking additional steps to protect their reputation and reducing exposure by employing the services of due diligence companies. Identifying government-owned companies in an effort to identify easily overlooked government officials is rapidly becoming a critical component of more advanced anti-corruption programs.
Regarding payments to foreign officials, the act draws a distinction between bribery and facilitation or "grease payments", which may be permissible under the FCPA but may still violate local laws. The primary distinction is that grease payments are made to an official to expedite his performance of the duties he is already bound to perform. Payments to foreign officials may be legal under the FCPA if the payments are permitted under the written laws of the host country. Certain payments or reimbursements relating to product promotion may also be permitted under the FCPA.
[edit] Application
Notable cases of the application of FCPA are with BAE Systems, Baker Hughes, Daimler AG, Halliburton, KBR, Lucent Technologies, Monsanto, Siemens, Titan Corporation, Triton Energy Limited, Avon Products, and Invision Technologies. Former Representative William J. Jefferson, Democrat of Louisiana, was charged with violating this act by bribing African governments for business interests.[3] In 2008, Siemens AG paid a $450 million fine for violating the FCPA. This is one of the largest penalties ever collected by the DOJ for an FCPA case.[4]
The U.S. Justice Department and the Securities and Exchange Commission are currently investigating whether Hewlett Packard Company executives paid about $10.9 million in bribery money between 2004 and 2006 to the Prosecutor General of Russia "to win a million-dollar contract to supply computer equipment throughout Russia."[5] Stronger USDOJ and SEC enforcement increased the prominence of the FCPA from 2010 onwards.[6]
In July 2011, the DOJ opened an inquiry into the News International phone hacking scandal that brought down News of the World, the recently-closed UK tabloid newspaper. In cooperation with the Serious Fraud Office (United Kingdom), the DOJ will examine whether News Corporation violated the FCPA by bribing British Police Officers.[7]
In 2012, Japanese firm Marubeni Corporation paid a criminal penalty of US$54.6 million for FCPA violations when acting as an agent of the TKSJ joint venture, which comprised Technip S.A., Snamprogetti Netherlands B.V., Kellogg Brown & Root Inc. (KBR), and JGC Corporation. Between 1995 and 2004, the joint venture won four contracts in Nigeria worth more than US$6 billion, as a direct result of having paid US$51 million to Marubeni to be used to bribe Nigerian government officials.[8]
Other settlements for FCPA violations in 2012 include Smith & Nephew, who paid US$22.2 million to the DOJ and SEC, and BizJet International Sales and Support Inc., who paid US$11.8 million to the DOJ for bribery of foreign government officials. Both companies entered into a deferred prosecution agreement.[9][10]
In March 2012, Biomet Inc. paid a criminal fine of US$17.3 million to resolve charges of FCPA violations and US$5.5 million in disgorgement of profits and pre-judgment interest to the SEC.[11]
[edit] See also
Convention against Corruption (disambiguation)
Politically exposed person
The UK Bribery Act
Corruption of Foreign Public Officials Act
OECD Anti-Bribery Convention
[edit] References
1.^ Funk, T. Markus (September 10, 2010). "Getting What They Pay For: The Far-Reaching Impact Of the Dodd-Frank Act's 'Whistleblower Bounty' Incentives on FCPA Enforcement". White Collar Crime Report (Bureau of National Affairs) 5 (19): 1–3.
2.^ Rich, Ben R. and Janos, Leo. Skunk Works: A Personal Memoir of My Years at Lockheed. New York: Little Brown & Co., 1994, p. 10. ISBN 0-7515-1503-5.
3.^ Stout, David (2009-08-06). "Ex-Rep. Jefferson Convicted in Bribery Scheme". The New York Times: p. A14.
4.^ http://www.foreign-corrupt-practices-act.org/foreign-corrupt-practices-act-news/5-siemens-ag-pays-450-million-to-settle-fcpa-bribery-charges.html
5.^ Crawford, David; Searcey, Dionne (April 16, 2010). "U.S. Joins H-P Bribery Investigation". The Wall Street Journal.
6.^ T. Markus Funk, "Another Landmark Year: 2010 FCPA Enforcement Year-in-Review and Trends for 2011," Bloomberg Law Reports (January 3, 2010).
7.^ "News Corp shares hit two-year low on hacking arrest". BBC World News. 18 July 2011.
8.^ US Department of Justice (17 January 2012). "Marubeni Corporation Resolves Foreign Corrupt Practices Act Investigation and Agrees to Pay a $54.6 Million Criminal Penalty". US Department of Justice.
9.^ Smith & Nephew (6 February 2012). "Smith & Nephew reaches settlement with US Government". Smith & Nephew.
10.^ Reuters (14 March 2012). "U.S. says BizJet settles foreign bribery charges". Reuters.
11.^ The FCPA Blog (26 March 2012). "Biomet Pays $22.8 Million To Settle Bribe Charges". The FCPA Blog.
[edit] External links
This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. Please improve this article by introducing more precise citations. (August 2009)
US Department of Justice page on the FCPA, including a lay person's guide (PDF)
The American Bar Association's Global Anti-Corruption Initiatives Task Force Webpage.
Foreign Corrupt Practices Act Reporting Center (a website provided by a private law firm)
The European Anti-Bribery Blog. The FCPA and anti-bribery news with a European slant
Indictments allege bribes were paid for Kazakstan oil 2 Americans accused -- but not U.S. firms, by Marlena Telvick, April 2003
Lucent fires four executives in China over allegations of bribery
Report requests for bribes on BRIBEline
Foreign Corrupt Practices Act, a CRS Report to U.S. Congress
"Monsanto Company Charged with Bribing Indonesian Official" U.S. Department of State, 1/10/2005
“Payload: Taking Aim at Corporate Bribery,” by Nelson Schwartz and Lowell Bergman. Additional reporting by Marlena Telvick, New York Times, November 25, 2007.
"At Siemens, Bribery Was Just a Line Item," by Siri Schubert, New York Times 12/21/2008. Corruption helped to build Siemens, but also cost it $1.6 billion, the largest fine for bribery in modern corporate history. This article is a joint report by ProPublica, a nonprofit investigative journalism organization, PBS’s "Frontline," the Investigative Reporting Program at UC Berkeley and The New York Times. A related documentary will be broadcast on “Frontline” on April 7, 2009.
"KBR charged with bribing Nigerian officials for contracts" CNN.com, February 2009
"Halliburton, U.S. Reach Settlement In Bribery Probe," All Things Considered, NPR, January 26, 2009. Halliburton Corp. has announced it will pay out more than $560 million to the Justice Department and the Securities and Exchange Commission to settle a probe into bribery and bid-rigging in contracts around the world. Investigative journalist Lowell Bergman talks about the settlement.
[1] Compliance with FCPA
[2] Compliance
"The Business of Bribes" PBS Frontline and FRONTLINE/World (February 2009)
A Pocket Guide to The FCPA (June 2009)
David C. Weiss, The Foreign Corrupt Practices Act, SEC Disgorgement of Profits, and the Evolving International Bribery Regime: Weighing Proportionality, Retribution, and Deterrence, 30 Michigan Journal of International Law 471 (2009).
For information about the UK Bribery Act (occasionally referred to as the FCPA on steroids) thebriberyact.com
For more information about the UK Bribery Act and the FCPA see New York Law Journal, November 4, 2010, "White Collar Experts Are Recruited to Handle Expected Increase in Government Enforcements," and a quote in that article from M. Scott Peeler, a partner at Chadbourne & Parke, who when asked to compare the two acts, said, "It's the FCPA on steroids."
Total petitioner claims: $384,523.69.
Eternal Image Inc., 28800 Orchard Lake Road, Suite 130, Farmington Hills, involuntary Chapter 7. Assets and liabilities not available.
http://www.crainsdetroit.com/article/20120422/SUB01/304229954/bankruptcies#
http://eternalimage.net/investor-shareholder-information
Where is the update from the company?
Shouldn't ETNL have to file some form or other for the BK?
http://www.otcmarkets.com/stock/ETNL/financials
Perhaps, however the hypothysis based on previous findings supports the aforementioned post. My statement was not made up. Rather a more realistic discovery. Believe it or not.
Nitwit
Share
Saturday, November 20, 2010 4:56:14 PM
Re: $pmlg post# 4413
Post # of 5365
Yeah all the stocks had huge opportunities for lots of people to make TONS of money on the huge runs... but obviously it is not via the MMS buying their shares when a stock is up 100,000% etc... it is other people getting suckered into buying them...
People trading the stocks is fine and dandy as long as they are not involved in the crap that always seems to come out down the line... but so many get crushed by con men lies and deception and always fall for the NSS B.S. cause then any "basher" must be working for the bad guys... when in fact the bad guys are the ones everyone is normally believing etc...
That is why these stocks are on the PINKS to begin with... oh wellzzz
(<')
Respond | No replies
no there is no master mind (singular) sitting behind a desk.
There is an Entire Floor of people on the 18th floor somewhere.
If you know a guy then you know that Nit is a cool dude..
But what do you know...
Just Sayin
That was an awesome game today.. NY looked real real good, way to come back!!
and we thought there was no demand for product..
This is what I see...
MACDgyver on IVAX Diagnostics, Inc. at 4/17/2012 3:19:23 AM
<<< $IVD Links! >>> ~ MAC's Quick DD Links without the charts. http://investorshub.advfn.com/uimage/uploads/2012/3/ (Read Entire Message)
Quotes: IVD, MAC, MSN, TWO, TYP, UNGS
MACDgyver on STOCKGOODIES PLAYS OF THE WEEK at 4/17/2012 3:19:13 AM
~ Tuesday! $JNJ ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below! ~ $JNJ ~ Earnings expected on Tue (Read Entire Message)
Quotes: JNJ
MACDgyver on IVAX Diagnostics, Inc. at 4/17/2012 3:18:50 AM
~ Tuesday! $IVD ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below! ~ $IVD ~ Earnings expected on Tue (Read Entire Message)
Just buy the stock and give up the Doe!
Its only money, Waste It! You don't have anything else to do with your time!! What the hell else ya got to do?
BFHJ Live Large Suckers..
I hear ya Mac, I have been here since 2006 and I put in my time and have moderated over a dozen boards in my time. I played, I won, I lost and like Jerry Seinfeld says "I'm Even"
I have 6 years of subliminal Analysis in Ihub, and I liked to think I have the pulse of the community.
Now..
Whats in your Wallet?
HAY ROOKIE !!@ STOP WASTING OUR TIME DUDE! THE STUPID CHART CAME UP BLANK! GET IT RIGHT WILL YA! WE DON'T HAVE ALL NIGHT! GOT IT.
THANKS FOR THE HELP!
Whats the point?
Quality Vs Quantity Lesson in Sales:
Too Many to Choose From. Try and slow down and FOCUS ona few Quality opportunities where by folks can actually get a short term return on a trade. For all else is worthless in this supurb yet refined market.
The Master
now pick up some shares at the ask and trade them for an additonal 25%
Rose, Thank you kindly... rarely am I offered nor take advice.
I am in charge of the 3 feet in my radius for it blossums in the spring after a hard rain and cold winter turns and blossums into a cool yet warm and spectacular rose, be they pink, yellow or red.
And where for art thou in thine radi eye this season?
It can be said that the spring brings a symphony of color and the beginning of the beautiful flowers that bloom of this new season.
The Enlightened.
Contrare..Non sense. Readers don't view such. There is no propaganda that displays such content to try and make readers think anyting of the sort.
Nice try at picking on "English" but laking in substance.
People know better. Most people in America know and or work with people from Iran.
And the mere thought is an insult to Iranian Americans.
Here.. Let me make the Arugment legal buffs _ First of all I don't see anyone in full support of this stock or company. What I do see is either neutrality, humor, exageration or flat out Slamming. Karma is Right Here. It has not been the company alone that put this stock in the tank. If you want the truth you are going to have to take a look at the ENTIRE history of this security my friend. There have been shenanigans going back to 2006 and many of us have the tanked losses to show for it. Got it?
Yet those who support the right thing seem often times inept to adhere themselves.
TOU Reminders for Stock Specific Boards•You are posting to the Eternal Image, Inc. (ETNL) board. Please keep your post about the stock and company. =Do not post about other users =or other
stocks.
Pull up a chair, you'll be waiting for a return for a long time.
The key is to buy in as low as you can prior to a little run. Take a scalp and profit and dump the rest in the gutter.
Thats it.
YO Melting Pot DOGG FL Wazz Up?!! Weeeeeeeee
Wuzz wit Tek and Millionzz. Whats on Radar for Monday! ? What would Stockfire409 Pick ?
Should we go Metal
or Gold
Is there a new Taco Stand trading or some new motor for off road vehicles?
Is there Pizza in a Cup or Some New Deal on World Wide Caskets?
Can we get a Deal on a new Soda Pop Stock or get in Early on some New To DA MOON Toaster Oven that is the best thing since sliced bread?
What should we Do Melting Pot Heads?
LMFAO !
Cheers
they all need more money. Just not my money.
They can Stick It!! I mean Really Stick it! where the sun don't shine. .0001 for good. RIP to all of them
Provide a Reason Dave! 2002 is 10 years agao..
dead is dead dave...wake up dave..Icoa (PC) (ICOA)0.0001 ? 0.0 (0.00%)
Volume: 0
I am here because I am still puzzled after all these years why in the hell anyone wastes their time. Its a hobby now..I can talk about the un reporting. Reverse spliting . Diluting Pigs, Non Reporting, Stuck Manipulating, Pink POOP (new ticker)
All day long.. Bring it, show me the money!!! I got a million of these in the cellar. This stock isn't worth the time of day.
Typing practice 101
Been there done that Amigo..
I doubled my money and folded it half.
The speculations are fuzzy. Too many people have it in for Eternal Image regardless of any facts.
I wish the company well. There looks like some good things going on even in the face of the challenges and attacks from "some".
yesterday is history, tomorrow is a mystery..
yada yada and thats why we trade in the present..I am not going to be "that guy" that sits around and complains about it.There's no sense in MULLING over it Again and Again..some people really don't get it..\\BUY IT SELL IT TRADE OR WATCH OR LEAVE..THE REST MAKES IT ALL LOOK BAD.
Then one day they get their act together and file and make some money..........yawn..
Looks like EI is in the business of being in business. Thats what they are supposed to do. If people don't like the fact that they may succeed ..then OH Fn WEll
Eternal Image Official Star Trek Bronze Medallion for Headstones and Monuments, Starship Enterprise The Voyage Continues
Price: $139.00 & this item ships for FREE with Super Saver Shipping. Details
Deal Price:
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
means no dealers.. Buy direct!! more profit to earnings
In Stock.
move along? I think I'll stick around and watch the stock. Thanks sonny boy. I got your baby right here pal.
Show us the Money..Don't Waste everyones time..Explain it in detail.. And as in All stucks.. Give US a reason..
5K waiting for a good enough reason..
this whole thing.. what a joke.. no body has any substance on this board to post anything worth a nickle..week after week
You are all Weak.
Step up with a real winner BB Stock Haven..
Show us the money for this week..
\Tuesday April 3 to 6.. Requesting a 20% gain by eow..
See ya friday eod.
eom
Kiss the Nose of the Big Dog below..
Tip.. Buy low Sell High and make a few bucks in the process and pay a few bills.
Call it what it is. Thats the market, this is the shark tank.
Wear Gloves and a Mask and Swim in the shallow end with a spear, its not that difficult to make some money and move on to the next one because they all are short lived, don't kid your self, go to school ....
News for funeral products..-Eternal Image Funeral product topic and on topic..
Just in.. KFI - Late night with George Norrey.. news..not EI news for you people..Here check this out.. go search.. Baconaise..Bacon Wrapped Caskets smothered in cheeze..true story, look it up for yourself. This just came out in the news tonight. Makes me think of a Casket shaped like a bottle of Tabasco or Taptillo or Jack Daniels Old No. 7
No kidding. Whats next Mexican Tortilla Quesadilla Urns for 199 ??
Mc Donalds Quarter Pounder Caskets and Gift Cards??
Chevron Unleaded Urns at !,000 per gallon???
and "i spent most of my money on an iphone Casket?
The i casket
The i urn ???
or my favorite.. The Home Depot Scotts Turf Builder 5000 Special Edition Casket, Gift Card, Candle Combo package for 1999.00.. Clint ya Sap!
Just sayin ...EI topic
iknowaguy James R Costanza Hot Sauce #5
Baconaise
Berkshire Hathaway I (BRK.B)
81.84 0.69 (0.85%)
Volume: 3,844,641
fingers..this is Jimmy with a two edged sword..
that formula is very unattractive to my wallet. Typical of the neighborhood scans of the OTC pink poop pit.. oh well, thanks for the advice..I'll go elsewhere with my two grand in the am..
I say PASS....Next