Eternal Image Inc (fka ETNLQ)

[mizzou7]

ETIM announced they would begin the buy back of shares shortly after the AFs are complete. They also mentioned that they are RETIRING MOST IF NOT ALL shares they buy back. JP stated this during the last CC. The OS and AS will improve once they begin to buy back shares and retire them. Every little bit helps IMO.


Where will they get this money? first thing is first... building the business is the number one priority.

All cash has to go back into the company for salaries, engineering, prototypes, manufacturing, shipping and just payiny the everyday bills.

At this point how can there be a buy back unless loans are an option... which will only put them deeper in debt and do nothing for shareholders value.

Everything looks good on paper however; many obstacles to overcome before money can be handed out to shareholders.

I'm not saying they won't do a buy back... but, at what cost?