Posted by: Superbee383 In reply to: A deleted message Date:1/12/2007 11:57:56 AM Post #of 34519
For those who didn't hear:
The funding will first come from sales The 2nd step would be getting short term loans And lastly, the equity financing. As more money comes in from sales, that arrow rises, while the equity financing arrow heads south, until it's not needed anymore.
Each design, ie. the Vatican, the AKC, the MLB, Precious moments, cost $1 million for the prod. line, and start-up.
Any shares that Clint and the rest of the mgmnt crew own, are restricted.
They project their earnings to be $3,132,900.00 in 2007.
IF you have a question re stock, etc.. CALL Tony Fabio at: 781-214-9038. They have promised to stay transparent with us. And yes, the t/a is gagged, so if you need #s.. call Tony!
They are working hard to get off the pinkies and on to the OTCBB. Once there, we will see all the numbers, etc. UNTIL THEN, CALL Tony Fabio!
They said the stock buyback will begin in the 2nd quarter of this year (2007)
All their licensing agreements are multi-year deals that can be renewed when they expire.
Prod. takes place in China and Iowa.
The MLB urns will be out, at the LATEST on April 1st.
On Jan 19th the Vatican urns will be shipped, and received in the following week by Eternal Image.
~~~~~~~~~~~~~~~ Remember, this is a new company. HOW many pinkies do conference calls, answer the questions, AND honestly too. Mr. Parliament didn't sugar coat the parts we didn't like. He was being upfront. Like I once said.. fasten your chinstraps.. we're going up a bumpy hill.. but we WILL be getting to the peak. They also said they will be doing another Conf. Call next quarter. And again, if you don't like this stock, even AFTER he answered the tough questions, get into something more suitable for you.