Eternal Image Inc (fka ETNLQ)

[Superbee383]

Why can't people READ what's written?

2007 is proving to be to a solid building year for us at Eternal Image. We have
reached several significant milestones including receiving first production runs of actual
product, booking sales, completion of our 1st audit, and preparing the 10SB in order to
uplist the company to the OTC:BB.

The above is part of the following, which was posted by Clint and JP, today:

Management Discussion of the Audited Financials for Years 2004 – 2006 and the
1st Quarter Results (Unaudited) for 2007.

2007 is proving to be to a solid building year for us at Eternal Image. We have
reached several significant milestones including receiving first production runs of actual
product, booking sales, completion of our 1st audit, and preparing the 10SB in order to
uplist the company to the OTC:BB.
We are pushing very hard to take our business to the next level which means completing
the uplisting process, focusing on product sales, expanding our brand portfolio and
distribution base (including internationally).
One of the most significant accomplishments thus far was the completion of the audit.
This was a very long and involved process in which we learned a tremendous amount. As
you will notice 2004, 2005 and 2006 were years that EI invested in building the necessary
infrastructure (e.g. entity creation, production operations, distribution network) to build a
solid base from which to grow. As one could well imagine, 'bootstrapping' a
manufacturing business in an industry that has never attempted anything like this is no
small undertaking. Considerable time and money was invested in building a solid
business infrastructure.
In order to maintain our cash position, EI used a combination of free trading and
restricted stock as compensation for services rendered by consultants and vendors. These
expenses were booked at market value of the stock. Stock was issued in lieu of cash to
pay for the creation of the public entity, financial consulting, brand consulting, and
management compensation. EI used its cash position to fund production operations and
purchase the first round of product orders.
The focus of the company has now changed from building infrastructure to generating
sales and creating profits. Based on completed sales and current sales orders to be
fulfilled along with a strong demand for current and forth coming products, we project
strong sales for the remainder of 2007 which will lead to an even stronger 2008.