Yes Pete there are other companies that are making themed caskets but there are no other companies that have licencing contracts with MLB, CLC, Vatican,AKC, CFA, CBS(Star Trek) and more on the way imo. Are these companies publicly traded entities or are they private companies? Remember that we don't have to completly take over the entire funeray industry to be successful as it is a multibillion dollar sector of the economy. All that EI needs to do is fill the niche that they have established for themselves. Have you seen any of these other companies on ESPN or in major newspapers or even Readers Digest. Have you found out whether or not there are any of the major players in the funeral industry that are interested in working with any of the companies that you have posted from time to time here? I have to assume that you have done great amounts of DD checking out these companies that you place on the EI investment board.
You say that present management is not the right one to make the company succeed, well if that is the case you must have someone in mind that is more qualified than the people who came up with the licencing idea in the first place. There must be someone that you know that could have put the building blocks in place by signing contracts with major funeral suppliers across the country and also forged a partnership with Remiere to make this an international company. Who are these mystery managers that would be as passionate about making the company succeed as the person who had the idea and acted on it? Maybe the CEO from Countrywide has some free time because we have all seen what he could do to turn around successful companies and turn them into struggling companies. I for one feel that the current management team is both competent and the correct one for the job at hand which is to make EI a longterm success.
You say that EI doesn't have a great history of running a company with the shareholders best interests at heart. I suppose that spending all the money to get their financials audited and filing for uplist to a more stable trading platform didn't have the investors best interests in mind. I would also think that retiring over a billion shares and stabilizing the share structure was in the investors best interest either? Oh I know that you will bring up the r/s and I like many others would have liked to not see that one happen but it did and in retrospect I feel that it was a neccessary step in the uplist process.
On the subject of revenue there are lots of companies that are operating businesses here on the pink sheets where people are totally in the dark about current revenues. There are some that dangle a huge contract in front of prospective investors and dillute the stock in massive fashion and then don't submit any statements as to the amount of revenue that they are currently generating. That is where EI is so different in that they are filed for the uplist which will require that they are a fully reporting company.
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