Eternal Image Inc (fka ETNLQ)

[bidrogen]

What would you rather have had ETIM do? Those shares were used to pay for services and pay back loans. Had they announced the bad news and caused the PPS to tank, they would have been forced to put themselves at the mercy of loan sharks (think convertible debentures with strike prices that are a fraction of what the PPS is today).

ETIM has intelligently and strategically played their last hand. We all know, from studying the financials, that they will run out of money this Q, if not next, and there are pretty much no more shares to use as capital. So let's all hope and pray that the uplisting goes well so that they will be able to find funding from banks and other investors that will not require the toxic type of loans that cause so many pink companies to go into death spirals.