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I particularly liked this part.
"While MLB caskets, urns and vaults are proving to be surprisingly popular, the NHL, NBA and NFL have resisted the idea, even as the NCAA has allowed more than 200 colleges and universities to license their logo to casket manufacturers. Critics might accuse MLB of exploiting the most devout fans by offering pricey products, but for those coping with a devastating loss, reaffirming a loved one's allegiance to a cherished team is a way to celebrate their life."
Let's hope this loosens the other leagues to get on the bandwagon with EI.
Well THIS shareholder is waiting. I've been waiting since October of 2006 when I bought in at .007. After 3 years, a blind sided R/S, and anemic sales, I'm still waiting but definately not investing another dime.
I believe another part of the sales problem is that the target market, the Baby Boomers, are not really the generation that's dying the most. Sorry to be morbid, but that is the industry we're invested in. My dad is 72 and still going strong. He loves the Yankees but wouldn't consider a casket or urn. I, however, want some of my ashes turned into Christmas ornaments and distributed to my friends and family. It's a generational thing.
Unfortunately the date of that statement was December 19, 2008.
Thanks Bee for the explanation. Unfortunately with a free account I could not respond in a private message. The video I mentioned is relevant though because it is posted on Swetel's Youtube profile page with six videos on EI.
I followed the link that was posted (http://www.youtube.com/user/swetel1979) and the first two videos on the profile page of the person who's supposed to help us find money, showcase a saphire mine in Madagascar. Looking up Swetel's resume (http://www.linkedin.com/in/seletivedevelopment) shows that he has little to no experience to be making claims of $100,000,000.
I don't like this new company we've aligned ourselves with and for the first time I'm genuinely worried about my investment in EI.
Well if he has my kind of luck then the only reason it moved in the first place was because he sold.
I'm one of those who's still "waiting in the wings". I'm not a huge share holder, but the 2,000,000 I had became a mere 100k after the out of the blue R/S. The buyback had been hyped and PR'd extensively and then we got blindsided. Although it was very healthy for the stock to undergo, the way it happened destroyed my faith in management's desire to help the average shareholder.
Now we have the news of the uplist, but have still not seen audited numbers for 2008. The link on EI's website that says "2008 1st 3rd Quarter Financial Statements" pulls up the pdf from September 30, 2007. No one is going to invest without knowing real numbers. What is the national demand for all products? How many have been sold to funeral homes? How many have been resold to customers? What is the profit margin on sales of each? I'm not even sure how long it takes for each unit to be produced (altough I haven't really looked for that info).
So here I sit in the wings, waiting for the uplist that is guaranteed to come. I honestly don't think that it will move the PPS unless the PR biltz includes real numbers. IMO, if there are no numbers then there will be no new buyers, which in turn will cause a panic selling by existing shareholders who are tired of holding onto dead money. At that time I may double my meager position.
This article is a few days old, so I apologize if it's been posted already. I can't believe I work right next to the Convention Center and didn't even remember the dates of the show. Anyway, I didn't know we did custom caskets until I read this.
http://www.orlandosentinel.com/business/orl-coffins1508oct15,0,278218.story
Actress Barbara Eden of I Dream of Jeannie fame was at the booth at the Orange County Convention Center, pitching the custom coffins. She said she was assured the company could make her a casket modeled after the genie's bottle she spent so much time in during the 1960s sitcom.
"Not for a while, though," Eden said.
The custom coffins typically cost about $1,000 more than regular ones, Popravsky said, but for many families it's a small price to pay for a special send-off.
It's a two-fer. You can take care of practical things like laundry while still honoring the passing of a loved one.
Here are some pictures of our MLB casket and urn, as well as others mentioned in the article.
http://www.foxnews.com/photoessay/0,4644,5369,00.html#
I know. I just wish EI could get things done within their previously stated time frames. Have they ever met the deadlines they announce to us? I'd be much happier with underpromising and over delivering.
No kidding. The only thing I think will happen with the uplist is that they will be forced to finally disclose their numbers in a timely fashion. Have we even gotten numbers from this year?
The July media alert said they hope to uplist by the end of the quarter. So that's 8 trading days by my count.
In the July media alert they said they anticipated the uplist during this quarter. So they have one more month until they prove again that their predictions seldom ever come to fruition.
In the July media alert they said "During this quarter, we anticipate that our stock will move off the Pinksheets and onto the OTC: Bulletin Board exchange." So I'm hoping by the end of September.
B.S. you're not trying to mislead anyone. You said that "the officers were doing just great" implying with the figures provided that they were getting paid the dollar amounts shown. How convenient that you left out the line about the proceeds not being cash received.
So far the officers are making a killing on this POS.
How are the officers making a killing? They gave themselves stock that has not been sold. That stock will be worthless if the company fails. The last time I went to the store no one accepted stocks as a form of currency.
It's really getting old and tiresome to constantly read your posts harping on the company officers. If you started a company and put years of effort into making it succeed, wouldn't you want compensation too? They will only get their compensation if the company succeeds.
Yes, the R/S was a slap in the face the way it was done. Yes, the price has been tanking because management is not releasing any sales numbers. Yes, they should have posted Q1 financials and should post Q2 even though they're not legally obliged to. These are all valid arguments to criticize management. But your incessant whining that somehow the officers are cleaning up is simply childish.
Man you're depressing. Obscure publication?
Adweek Magazines (Adweek, Brandweek and Mediaweek) are the key source of information and opinion for advertising, media and marketing executives. These three weekly publications reach 83,000 subscribers who are key decision-makers and influencers at advertising agencies, major brands and media buying agencies.
Subscribers receive Brandweek's weekly national print edition, round-the-clock access to Adweek online, including all six regional editions, plus online access to the entire archived articles database for Adweek, Brandweek, Mediaweek, Technology Marketing and IQ dating back to 1992.
http://www.biotechmedia.com/y2004Brandweek.html
Not a great return on investment? Are you serious? Do you realize what a national media buy costs? The purpose of the trade show is marketing and sales. You have all the industry bigwigs under one roof and they were WAITING IN LINE to get in and see the EI products. The free press alone was worth what they paid for the show.
The pps has everyone down in the dumps and management credibility was shot after hyping a buy-back incessantly and then sneaking a RS on us, not to mention the $.50 head scratcher. But to then come out and say that the trade show is not worth the money spent is ignorant at best. It's a chance to rub elbows with the very buyers we're trying to attract to our products, and they don't have to send out sales reps all over the nation to do it. It's part of the cost of doing business and the return on investment is enormous compared to what it would cost for nationally seen magazine ads and TV spots to generate the same number of leads.
Simply put, if trade shows and expositions did not have substantial upsides, no one would host them or attend them.
Man's Beer-Can Coffin Is Dead-On
Bill Bramanti will eternally love Pabst Blue Ribbon, and he's got the custom-made beer-can casket to prove it.
The suburban Chicago man threw a party over the weekend for friends and showed off his silver coffin.
It's designed in Pabst's colors of red, white and blue and filled with ice and his favorite brew.
"Why put such a great novelty piece up on a shelf in storage when you could use it only the way Bill Bramanti would use it?" his daughter said.
http://www.wftv.com/foodnews/16174600/detail.html
There was a quarterly report on EI's website in the investors section.
Here is the link to the pdf
http://www.eternalimage.net/doc/EI_April2008__QuarterlyUpdate.pdf
Sure you can get a Red Sox casket!!! You may want to pick up some urns too and give them out to friends!!
Yeah, it was yesterday afternoon. I see it on my Schwab page but it doesn't show on my yahoo page. Anyway they just announced that the 2008 Expo booth is going to be 1000 square feet bigger than last year's booth. The show is going to be here in Orlando. I'm hoping I can get a ticket.
Just curious. When was the last time the company said to the investors, or even just to you, that there was no R/S on the table? I don't remember anything after the issue of the billions of shares to prevent a takeover.
Nice find. It was a great interview, but one point raised my concern. Clint said the remaining teams' products would all be available by the middle of next year. Previously they said it would be by the end of this year, if I'm not mistaken. They may want to start under promising and over delivering now that we have established oursleves as a real company and not a fly by night.
Don't forget, their projections were in the beginning of the year, long before the announcements for CLC and Star Trek. The missed money may have gotten tied up in starting both of those lines.
Reread the PR, namely the last paragraph. It looks like it will be less than 2 years to get the patent.
The process of applying for specific design patents requires an individual company to submit an application along with draftsman drawings to the U.S. Patent Office. Eternal Image may be issued the design patents for the aforementioned product designs in six to eighteen months.
You're not taking into account assets on hand. Each product line that has been tooled up needs to be counted. So you have Vatican caskets and urns, MLB caskets and urns, AKC urns, CFA urns, Star Trek urns, and Precious Moments urns. Each product line cost $1 million (I believe) to start. So there are another $8 million in product lines.
I don't know about collectors buying, but winter is the best time of the year for the industry. Q2 and 3 are normally the slowest.
Imagine the Captain paying his respects to a fallen comrade who sits on his mantle in a Starfleet Urn. Millions I tells ya!
2 DA (__x__)
Really? Then tell me how I can get a job posting good comments about a stock. I hear this crap about paid pumpers and paid bashers all the time. I don't buy it for a second. What company would pay someone to talk up/down a stock on an internet message board? How many big time investors do you really think even read internet message boards. Talk about delusions of grandeur.
If you re-read the PR as it's posted on EI's website, you'll see that they removed than part about posting the link to the video several days ago. Even Fox hasn't posted a video in their Business section. If Fox studios didn't make it available then there's nothing EI can do about it. It sucks, but it is what it is.
Do you have any DD for that, or are you just pulling it out of your butt? I'm going with the latter.
Why would they? It's small potatoes to a large distributor. They are selling to funeral homes which will get the lion's share of the market. And I think they couldn't care less whether or not someone posts on a message board.
So what's with Cherrybrook.com and dog.com saying they're only taking pre orders? If you can get 1500 out, why can't they?
How are they selling?
EI won't say they don't have enough stock to fill orders because that looks bad for business. I'm just going by what the company has said. AKC urns are back ordered by people on waiting lists. Everyone who sells the urns say this. MLB's first shipment sold out early and the second shipment was brought to market months early. That was in a PR. There was another PR (I think) that discussed the Vatican urns and said they were meeting demands. These are the only products for sale. The caskets just came out and the other urns are still prototypes.
Oops, "can be fixed"
You don't have to worry about the demand not being there for the product. AKC urns are back ordered and people are on waiting lists. MLB urns are selling faster than anticipated and shipments were moved up. The Vatican urns are selling at the anticipated pace.
It looks to me like we have more demand than we can meet right now. This is a problem, but one that can't be fixed.
Make sure you get on the Sterling Cruise. The Sun Cruise is known to get stuck on a sand bar before making it out far enough to gamble. Also Sterling is a bigger boat. But if you really want to double your money, fold it in half and put it back in your wallet.
Good luck!!