Wednesday 04/18/2007 12:30 PM ET - BusinessWire
Eternal Image, Inc. (OTC:ETIM.PK)...
During the call Parliament announced that projected sales for FY2007 are $3.1 million. He anticipated sales to grow to $17-$20 million annually within three-to-four years.
On behalf of the company Parliament noted that:
-- The financial audit is 75% complete and should be finalized by May 30 of this year.
-- Once the audit is complete the company will likely begin its stock buy-back.
-- Distribution agreements now include 14 companies covering 27 states. Two additional agreements are being considered at this time and the company continues to seek distribution partners in open states, particularly California.
-- Per the news release earlier this morning, EI will produce appliques and plaques for use on vaults in an exclusive agreement with the world's largest vault manufacturer, Wilbert Funeral Services, Inc.
