Eternal Image Inc (fka ETNLQ)

[LC-GATOR]

They already own:

"Furthermore, including preferred voting shares held by our president, insiders have a total of 73.60% of the voting shares (common and preferred) outstanding. These shareholders are able to exercise significant control over all matters requiring shareholder approval, including the election of directors and approval of significant corporate transactions. This could delay or prevent an outside party from acquiring or merging with us even if our other shareholders wanted it to occur."


"On March 10, 2008, we amended our certificate of incorporation to reduce that authorized number of preferred shares to 195,000,000. As a result, Mr. Mytch now owns just 195,000,000 preferred shares. The preferred shares have voting rights of one vote per share and are convertible into common stock at the rate one share of preferred into one shares of common stock."


http://www.sec.gov/Archives/edgar/data/868756/000105291808000309/etims1a1aug808.htm




GO GATORS

statements made by me are considered opinions of mine unless those statements are made of facts.