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It's easy, just do the math!
2 + 2 = 6
Right?
anyone... anyone...
That's a lot of faith to place on a CEO who hasn't had quite the stellar track record of putting shareholders first. Perhaps that will change when EI starts making some good revenue, but I guess that's the question of the day... hows the revenue? b/c if it's not there, i wouldn't expect Clynt to take the hit for his shareholders imo.
That's what happens afterwards. Do you think Clynt is afraid of shareholder mutiny?
Bee, I meant what's to stop EI from selling off shares to pay off the note BEFORE Clynt has to pony up his own shares?
Well, not meaning to throw any cold water around, but what's to stop Clynt from paying that off with another offering of stock before the loan matures?
Lurker, how do you think this speaks to revenue?
Quote: "I really can't figure out what would be feel good numbers to you if an increase of distributors, sales people(not paid by EI), and more products by far than 2008 doesn't do it for you I don't know what would."
Revenue.
And as previously stated by many people, we all have to wait for that. Until then, people who are inclined to speculate positvely will do that and those who are inclined to critique will do that, which I think gives a good balance until the really important numbers come out.
That was a nice PR.
If the numbers are terrific, that's all the story they need, and that's the best way to establish it anyway.
Yes, I know that the $4,000 is for FH, but I'm just saying that if that represents the pace of sales, then profitability is virtually a no-brainer in 2009. But they don't say what the inventory was - maybe it was just 50 caskets. If they came out and said that their inventory was, say 500 caskets, and they sold out on that in Dec-Jan, that's a totally different ball game.
Is there a legal reason why EI is not specifying dollar amounts of sales? Just curious b/c there's a lot of suggestive statments in the PR but not so clear on the details, which lends a lot to the imagination. For example, a little unclear whether the "six-figures" was booked in just those 2 high volume days, or whether it's for the entire December-Jan period.
If we assume that all sales mentioned were just in the 2 days, then "into the six-figure" could be $100,001 and if each casket is about $4,000 that's 25 caskets sold during those 2 high-volume record-breaking days. To be optimistic, that's not a bad pace if they can sustain something like that over the year... 20 caskets per week x 50 weeks x $4000 = $4 million, which would be close to pushing them into profitability. So my point is that if the $100,001 was just for caskets in the two days, then I think 2009 EI gets in the black. I hope they write some better PR's in the future, and really be clear on what they are saying.
Great exposure, I'm sure, but imo that guy who was describing the casket SUCKED big time. He kept saying it's "just" another casket et cetera etc... why DOWNPLAY something he's trying to report on or advertise? Great casket. Idiot showmanship. IMO.
Interesting to see the Batesville Firefighter casket. I think they're startin to get worried about EI!!!
Now THAT is a great to see -- EI mixing it up with the big boys!
Watch out!
I'm sorry, but compared to the EI merchandise, that looks rather bland.
That vatican urn is a beauty. How could something like that NOT sell?
Nice website. The old one was good and professional, but this one looks more corporate. I wonder if they changed hosting, the site seems slower than the previous.
EI would benefit, no doubt. Conservatively, I think EI needs to sell 10,000 widgets to break even per year -- not too hard to do imo.
Grim stats...
~ 2,000,000 deaths per year in U.S. (people)
1% of that = 20,000.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2066rank.html
I think that's the problem. EI gets lots of opinions and good advice, but none of that seems to matter.
No 2008 projections? Quoting from that detroit article:
"The company had $600,000 in sales in 2007, said Mytych. Although projections for 2008 have yet to be released, the company anticipates significantly higher revenues this year in part because of casket sales, he said."
They tried to expand too fast, misallocated resources.
Quoting Clynt: "There is no doubt that this has been an educational process for the industry." Perhaps what he meant to say was that it was a educational process for HIMSELF. EI management has a track record now. They're gonna have to start salvaging that record.
Are you serious? You don't see the value of an AKC endorsement?
does chad know how to write a PR or what! must've been an english major with a minor in OTC trading.
niiiice news!
I'm with you there!
you'd think that it would be old news by now...
Then what would there be to read on this board? The company is silent. No info forthcoming. Nothing to talk about, I guess. Ok, everyone, let's just take a break for a few weeks and meet back here on Valentine's day!
Well said, total agreement here.
"Less than $200,000, and there's more to the story about which we should be very concerned. And greater than $250,000, we can begin to raise our expectations once again. And that includes the expectations for a sharply reduced AS."
Same thinking here. Timing is good about now for a nice PR to trigger a run.
LoL. GBDX still the same ol same ol icic.
Time to unleash the PITA within...
Sorry, that's just wishful thinking. Good luck, though.
I agree with your positive opinions for the most part, Bee. EI still has a bright future, but it's a question of whether that future will be shared by current investors (us). I don't think that the A/S issue is a trivial one, and not one that can be allayed by saying that it's some sort of insurance to raise emergency cash (in fact, that would scare me more at this point because if they needed to raise cash it would speak to their cash flow). I can live with an ambush R/S -- the timing sucked, but any realistic person should've seen it coming at some point. In fact, the R/S wouldn't be a problem at all if that huge A/S wasn't casting its sinister shadow (and it doesn't help to inspire confidence when EI management touts the A/S as not having been "increased" when, in fact, it's been increased). I don't know anyone who would buy in as long as that A/S issue is not cleared up. Basically, despite all the positives of EI (and there are certainly many of them), that A/S exudes an ominous aura. I think it would be wise for EI to address this problem in an expeditious manner, but until then I am staying away. Still holding all, but won't buy any more, until you-know-what is addressed.
Second that. lol.
Was surprised to see the increase in A/S. Never a good thing imo. However, despite that, RVGD still a bargain imo. Still a no brainer.
i think its safer to assume that the bulk of investors will not follow that strategy... so watta ya do then? lol.
and what this guys said makes much more sense than this silly "pop quiz" :
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26455186
you seriously think that ihubbers are that ignorant?
What happens if management of A changes its mind and decides to not grant 1:1, or not grant any at all? Do you put your faith (and money) in management of A, or do you buy B knowing that you control your investment?
Go away.