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I remember when I thought this stock was going to make me rich! Lost a pile, good luck, been out for several years...
Pretty much, can't believe I bought in at the wrong time!
ETNL Announces Investor Shares Casket Line...
That's weird, not that I'm complaining, but the order I placed today at .017 filled at .0165! Kinda strange!
Something big is coming!! MD
Just put in small 13k order see what happens. Remaining funds in small ira. The market cap is over 6 million- not really off I would say until things really get rolling. IMO MD
Well, I did get my 45K 18's. Took a while. MD
Have had an order in for a while to buy at .018 but not filled when we were at .0175/.019. Only 45k MD Just wanted to see where it was really at!
IMO it is good that they even got a loan right now. They had to convince these guys it was good money in a bad market. I say this bodes well for the near term events about to break.
MD
Lurker- Didn't get filled instantly either-took 10 mins!
Just so you know, that 200k was me. Decided to "dust" alittle powder off the shelf & jump back in after a year!
MD
Thanks Basser- MD
What I think has nothing to do with it! LOL It's what IS that matters!
They are debt free?
Hello Eternal optimists! Haven't looked at this one in a while!
Got out seconds after R/S losing a bundle. Would like to see these guys pull it off, and am kinda surprised to see them hanging around. Have some fresh powder for awhile now and will be lurking. GLTA!
MD
Long time no post too! Jviera, in my opinion, the company lost a lot of cred with the RS after repeatedly saying they wouldn't do it. I couldn't sell my shares quick enough after the anouncement and lost a lot. Very disappointing. Their lower than projected(by far) revenues also has been a big dis. I believe in the products & ideas but don't know if I believe in the company's ability to stay afloat! I understand why they had the RS and I understand delays in production...start-ups aren't ever easy, but I have for the time being lost faith in their ability to grow share price without further dropping of it.
The thing that will really help is an exponential increase in sales numbers, like the snowball running down the hill...this is what we had already hoped to see(from their own projections), but I, for one, will Wait to see!
Good luck,
MD
In order for me to get back on board I will have to see some very substantial revenue numbers indicating pent-up interest in delayed casket sales. At this point, they are having such growing pains that a drift down after the R/S is my prediction. If the R/S had occurred with the rise of revenues it would have been benign, but since it came with underperforming revenues folks see this as a dilutionary measure rather than a harbinger of the uplisting. I only own about 200$ worth in an IRA at this point. Hope to see some strength gathering because I still love the concept and the choices they offer people.
MD
Definitely- Congrats Stocky!!
Mkt Cap. of 5.8mm right now, not actually far off from what I would expect & not unreasonable at this point. MD
Anyone know the O/S? MD
Really disappointed in ETNL...more about them saying they weren't going to do an r/s than the fact they did one. I have pulled almost all my shares out at big loss as soon as I heard about the r/s. The company I believe will eventually make it if they have perceived the market correctly. Usually with r/s's the stock price drops & I just don't want to watch as this happens. I understand why they did it and why it was necessary. I will continue to watch as this has been one of those companies I really thought was different and I hope they make it. Lost about 10 grand that I really did not need to do. Mad at myself mostly! Good luck to all!
MD
The uplisting hasn't been applied for yet so what good news is coming? MD
Unfortunately most reverse splits are not good for pps, even if the evaluation of the company "feels" right. I was hoping larger profits would allow buy backs, but apparently they need money & will dilute further. IMO MD
Oh Boy!! Thanks ETIM for lying to shareholders!!! MD
NO hasn't been submitted-has been filled out but is under review before submitting. Will send in after review process.
MD
Let's hope we have a GIANT week!!! Go ETIM!!MD
Merry Christmas to all! Heading up to NY State to Syracuse this weekend, looking forward to the snow!! Hope we see this little gem make the moves in 08! Let's hope the demand is as big as they project!
MD
Bid-if ETIM wanted to buyback 2.5 bill shares to get to 1bill outstanding they would have to buy them for $5mill given CURRENT pps-of course their buyback would raise the price, meaning further shares would be at a larger amount. Given a buyback of 2.5 bill, a market cap of $40mill would yield a pps of .04, so we won't get there for some time without MASSIVE profits that, at this point, are unexpected!
And I like the company! But without a reverse split, the .50 pps is ridiculous!!
MD
Agreed. Reverse split would be ONLY way to reach this pps. Market cap is always a great way to see if stock price is valid. If share structure remains the same, I would rate the pps at .015-.002 at best for next year.
MD
Just saw news story on Channel 46 CBS news in Atlanta which covered theme funerals including our little company. Showed caskets, urns in a positive light, also showed some stickers or something that funeral homes use to personalize caskets...not very high tech there! Led off the story with a quick shot of a Boston Red Sox urn, then came back after break. Tied in with Red Sox winning after all those many, many long years, year after year of losing & heartache!(Can you tell I'm a Yankees fan?!) Was a 3-4 minute story and was very positive & mentioned company by name...no interviews of anyone with company or anything. Y'all have a great weekend, super comeback for ETIM this week, thought we were going down the tubes there for a while!! Recovered about 6 grand the last two days!!
G'Day mates
MD
Portfoilio looking MUCH better!! ;) MD
So weird to see no VOL! Calm before...?MD
Good to see an uptick!!! I'll take anything good at this point!!
MD
I still see the value of this company as being much higher than the current 3.5 million...but that is assuming that the concept is valid for this current funeral market.
MD
Hopefully with the casket lines rolling out we will see a spike in revenues, if not we can assume that the industry was just not ready for this type of product en masse.
MD
I believe the market cap is way under valued at this pps. The mm's have basically said they wanted to halve the value in a couple of weeks. I don't believe enough shares were sold to really run the price down on value. But that's pink land for you! I believe a real bottom has been reached because if people start to figure out the company's IDEAS ALONE are worth more that this, the buying will start again. Uplisting will definitely help, but next quarter profits & ability of the company to ramp up production are critical. IMO
MD
Let's see...do I sell my China mutual fund which is up 47% ytd and buy ETIM which for me is down 62%? Hmmmmm? Throwing good money after bad?
MD
Market cap is 7.6mm, any numbers for sales should blow this evaluation down. This is an unreal evaluation IMO, but with nothing to validate sales, the perception IS the reality!
MD
I can't believe we are back down to .0022 where I originally bought back in spring!! What is the market cap now??
MD
Anyone see the renewal pr of magazine ads? MD
The company's "buyback" obviously cannot keep up with ETIM sell-off. People have lost faith for the time being. Lack of numbers is feeding the fear. Sad, but this is dead right now & my portfolio with it.
MD