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You are so correct about that I just wonder if they even have any product to sell or is just like the past, lots of talk and nothing else.
I find it VERY hard to swallow that any company in the world would make products for these people without money upfront, and if they had the money upfront then where did it come from?
SCUM is what this is
JMO
The only thing I wonder is that since it is an involuntary bankrupcy, they may not be able to disolve until the court gives the final ok.
Just guessing
Well at the NFDA on Sunday spoke with someone with Cherokee, they received the license for Prescious Momemnts, they also were offered the KISS line but refused, they do have 2-3 Kiss caskets in their warehouse, once they are gone they are gone.
If I understood correctly, they were offered the license so that the product could continue to be offered, I assume their would be some moentary considerations also.
As of this morning, have not seen any other EI products on display by other jobbers, will look better today
Nothing I have hard or read about
Be interesting at NFDA next week to see if any of the NEW products are out or if it is quiet.
I agree that the stockholders are not going to see anything, BUT where are they getting these products to sell?
I would tend to think, that if some of these products were in fact made prior to the bankrupcy proceedings and someone affiliated with the company, put some in storage somewhere than this could get to be a rather sticky situation with the bankrupcy court and the creditors.
I believe that if in fact these products were in fact made and stored before the bankrupcy filing, then these products are considered an asset for the court to sell to get some of the money back to the creditors.
I would hedge to bet that someone had some product in their garage or basement, otherwise where was it and how could they come up with it in such a short period of time?
JMHO
http://www.exldeal.com/index.asp
Product Name: Official Major League Baseball Cremation Urn - Chicago Cubs
Format: Misc.
Brand: Eternal Image, Inc.
List Price:$799.00
Manufacturer: The Eternal Image Group, LLC
Model: MLB03-0034
UPC: 892963002203
Availability: Temporarily out of stock. Order now and we'll deliver when available. We'll e-mail you with an estimated delivery date as soon as we have more information. Your credit card will not be charged until we ship the item.
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Reviews Description: Celebrate their love of the game with this beautiful, officially sanctioned Major League Baseball cremation urn. Certificate of Authenticity included. Customer satisfaction is our highest priority, so please contact us anytime for support with our products.
This is just one sample with the link, just scan thru all the pages you will find what I told you
Well the LLC is trying to operate found a webite that lists some EI products for sale with the name eternal image LLC
Location of website is www.eldeal.com
They must have stockpiled some product or something once again the stockholders take it in A___
JMHO
The shareholders would get no money back, however it might prevent others from trying the same thing that these individuls did do. There is document after document indicating insider trading that was completed, and there appears to be a lack if control on the part of the officers involved.
Once again, the money is gone, I am smart enough to realize that, but I personally hope that somehow someway that there is justice served on the officers so that it will show others that this kind of blatant disregard for stockholders investments will not be tolerated and if it does occur that the individuals involved will be dealt with .
JMHO
The question remains Did they do anything illegal?
It appears from the timing of selling shares and the announcements of R/S yes
Are they big enough for the SEC to really even care?
Hate to say it but probably not
Should they be in Jail?
In my opinion Yes
JMHO
yes it would be nice to see someone other than the principals of this bad dream make some money. All I can say is good luck
The word ethics in the same sentence with this company is nauseating at best
JMHO
You are correct that no one outside the inner circle could prove the plans to push the pps by a pr or tweet then dump shares, but I think most would agree that selling did in fact occur following the tweets and pr releases tends to show collusion and possibly a illegal action.
The fact remains the same, stockholders and some others got taken to the cleaners by this group.
JMHO
Well once again that pretty much sums it up for all of us.
JMHO
I was just stating MY OPINION ONLY, nothing directed at any individual.
Thank You for your post, I could not agree more with what you said about leaving the personal attacks alone.
I somehow feel that a few investors in this company somehow seemed to have information not available to others, some of that info was probably planted to sell more stock,and therefore have more liquid assets, but no matter how anyone states it, the fact remains that something happened to alot of money and there is NO trail that is available to anyone here to tell people where it went.
It really is a mute point EI is done at the present time, but somehow someway I do fully expect to see the new company try and go of it with the filing of the LLC. Since it appears to be a private enity, once again not much that can be done to stop it, however I wonder if some of the monies that no one can seem to find has not been somehow diverted to shall we say not reportable accounts, and that will somehow finance the LLC. Just stating a posibility.
Let's keep this board professional and respect EVERYONE here, it will be much more educational for all.
JMHO
Ok enough ragging has been acomplished here, let's just look at the facts.
1) This company was a complete scam from the beginning.
2) Some people could never see anything wrong with the company, even though some here knew otherwise.
3) If and when the SEC or whoever investigates these individuals, then maybe the truth will be told.
Until that point in time, let's quit accusing everyone of doing something or saying something personal.
Let the truth prevail here and go forward.
JMHO
Thank You for your service to our country, It is too bad that the individuls involved would not hire you back. What they did to you by not giving you your position back following your deployment, was illegal, immoral and speaks of the quality and integrity that these idiots used for the life of EI.
EI never had would have succeded with the stooges running the show, your story just shows how corupt they were.
Best of Luck to you in the future
JMHO
This was posted by another person on a seperate site, I posted here just for discussion purposes only
The Truth•a day ago
There demise was completely centered around the penny stock game Clint and his supporting network chose to play.
It's no secret they ran their unethical, and at times illegal, actions through IHUB. Where, by collusion, they had control of the functions of the board through the head moderator whom was also assisted by Investor Relations and a distributor whom dominated anything posted in a negative but truthful nature. Even passing on fictious claims backed by Mytych himself.
Mytych and crew managed to sell approximately $2,000,000.00 worth of self-awarded shares amonst the whole time of not meeting their financial obligations to anyone else associated with his company.
Take a look at the filings on the SEC site. They are very revealing to the operations of Eternal Image (ETNL).
Also, go to the IHUB site and peruse through the posts, especially 2007-2008 and one can see the involved parties and how, through Eternal Image, this was accomplished.
One should have no pity for these crooks.
Well that pretty much sums it up, No Assets and over 3 million in liabllitys.
If a person did their DD as was always suggested here, then maybe some would not have fallen into this hole without a bottom scam.
Yes I said SCAM!!
Not bragging, but I believe on more than one occasion I expressed concerns that were laughed at by others.
Now it appears I was correct, these were a bunch of hoodlims who bilked honest hard working investors out of millions of dollars for their own personal gain. Nothing else and their is no acceptable excuse for their behavior.
I do not laugh at those who lost but will admit I am smiling at a few of the supporters who felt the stooges could do no wrong.
JMHO
Probably not as bad as some of the supplers they stiffed, as well as some believers that held on to the stock. LOL
So the stooges appear to have formed a new LLC under basically the same pretense, they probably can try and operate for a while with an LLC then after a period of time attempt to go public, question remains what manafactue and distributor would do business with them?
Who knows, but by their past history, they have to figure out a way to scam somebody.
JMHO
Simply put, they wasted everyone elses money and lived the life of the Rich and Famous, maybe some off shore accounts, it makes no difference, they and a few others did nothing more than steal money from unsuspecting individuals.
JMHO
Thank You for your research the facts spoken by this reveilation more than speaks for the way these so called experts in the field of funeral service supply shows that these individuals continued to live well even for the past 12 months prior to the filing, and were doing nothing but living off of others money, the way they took MOST people to the cleaners is inexcusable and nothing short of fraud in my opinion.
Once again THANK YOU
If they form or have formed a private company, then so be it, they were not sucessful with a public company, so why would they be sucessful with a private company?
Now if they will form the private company with monies gained from the public company then I would think there would be a HUGE OUTCRY from all former stockholders of the public company. But once again, why bother, they are nothing more than scamers who lived well off of the stockholders, I guess everyone has to have something to do.
JMHO
I think if someone wants the liceses they may be able to purchase them from the bankrupcy court, now will one of the stooges try to somehow get someone to buy the licesnce for them-could happen. Somehow I can see this happening, and with the forming of the new EI LLC why not?
I really do not see anyone else willing to buy much to bail these people out, plus as has been proven, there apparantly was not enough demand to justify production.
Should be interesting to follow
Thanks Don for basically coming up with the proof that some had stated earlier, it would only take so much time for the stooges to come up with a new company scam or whatever.
Cannot wait to see how fast some will invest again with these idiots.
JMHO
according to the bankrupcy filings they are owed money, but why would they continue to give a positive view of the company even after the filing by the creditors. I know this to be a fact, so they lost what little credibility they had with those statements.
I honestly feel that there are more involoved here than just the three stooges, will we ever find out, probably not, but some of the LONG TIME SUPPORTERS have flown the coop shall we say. Whatever the outcome is, we know one thing for sure, that this was nothing but a scam for a few indivduals to get an easy ride for, it finally caught up to them, so now they move on to another, and the common investor who believed in the company and ideas, and products lose , while those who perpertrated and supported this POS are sitting at home laughing at the gullible ones who lost money
JMHO
I was under the assumption that a common stockholder, had no recourse, now if stockholders also loaned money to the company outside of their stock, then maybe they can be listed as a creditor.
It makes no difference as there are little if any assets to dispose of.
JMHO
I looked at the list of creditors today again, there are some names on their that I thought had been taken care of, such as Emerald, Triguard, Matthews, and even the IR company was listed.
In addition, there were some private individuals whose names I was not familar with in reading past filings and documents.
I wonder who some of these individuals really are and what stake they had in the company
Just idle thoughts
Just wondering if you found the total amount that the creditors are asking for? Somewhat curious regarding how far in these idiots were in.
Thanks
You are correct, BUT the big picture given by those individuals such as Nik, Donna and Clint, that now THEY want their money back they loanded the company, kind of smells in my opinion.
The reason I personally feel that way, is no one can dispute that they thru their press releases and other pumps NEVER INDICATED that there might be trouble on the horizon, No one can state that they did in fact know how bad things actually were, BUT they should have had an idea. Now trying to get some of their own personal funds back thru the filing as a creditor, only gives credence fo the fact, that they could care LESS about anyone except themselves.
They should put on their BIG BOY PANTS, and take the loss like most investors in this so called company got. NOTHING!!!
JMHO
Well that post of creditors is interesting, how about Jim Parliment, clint, donna, nick, nick's wife (I assume), various publications, and the list just goes on, however noticebly absent was the stockholders, SURPRISE.
By my recollection, Matthews was supposed to pay EI so how come if that information that was posted regarding the dissolution of working relationship, they should not be a creditor, UNLESS the information that was posted here was incorrect. Well that would be a first.
I think by the time this whole thing shakes out, it will smell real fishy here!!
JMHO
RJ
Do Not have one but if you like I can call one of my distributors on Tuesday and see if they have any.
Just let me know
well said and true
True, the main question would be, can the three stooges who have not been heard from for a while, somehow get these licenses transferred to the Eternal Image LLC they formed prior to the filing for bankrupcy.
If they can pull that one off,then the scam continues, otherwise if any company feels that the licenses are an asset and that they can make some money off of their investment, then they MIGHT attempt to buy the license from bankrupcy court.
Either way, it just would appear on the surface, that what people had invested in the current situation is gone.
I am sure that the stooges will pop up again somewhere else, who knows maybe a used car dealership might be next.
JMHO
How true, also who would now invest in a company whose phones go unanswered. I know this is correct as of 10:00am this morning.
Face the music, this is done, until they open their new office with a new name to scam more and pump more.
JMHO
Why would a prudent wise investor even consider sinking money into a company that is in bankrucy is beyond me.
I guess some people never learn
I am sure the stooges appreciate support of individuals who support their lifestyle.
By the way the absence of ANY information from the company or it's board of directors should send up a warning flag.
JMHO
Yes, while the investors are eating at McDonalds, or somewhere like that, remember the three stooges are not eating there, I am sure they have enough of your hard earned money that you invested with in their scam to eat at finer establishments.
JMHO
kind of hard to call the company when they do not answer the phones lol, and when they told the landlord they were leaving 3-4 weeks ago and have not been heard from since.
I am sure that the stooges are living well off of investors money and laughing at their supporters for the past seven years.
SCAM makes them money and leaves others with NOTHING
JMHO
I would guess, that the license would be available to any company willing to pay the price for the licensing rights, basically if some company wants to pursue the rights, then they could contact the agent for the license and check it out.
Somehow I would think that there would be more research on the applicant for license than probably was done for the former company namely EI.
JMHO