I have spoken to Tony Fazio several times and he has indicated in no uncertain terms that the ETNL product(s) will be in the Star Trek movie....
I also read an article between the Detroit News and ETNL's CEO....he indicated that they have sold hundreds of caskets during the last fews months of 2008...not to mention the urns....he also mentioned that their projected earnings for 2009 would be between 4-6 million....that would do one major thing for myself as an investor----
Looking at their debt load from 2006 to present, they have been operating based on share sales to large investors, and their net income was negative in 2006 and 2007....but when you look at their liabilitie(s), you'll quickly notice that they will be operating in the "black"; if not already. If the 2009 forecast is true, then this stock should be in the 1-2 dollar per share range....I would venture to think that once the earnings for 2008 are released, they will be a "true-profit" compnay, and not just another "great idea" with no financial direction.
I would imagine their cost for each casket would be around 2,000. If that is accurate, then they have grossed well over a million dollars in 2008, and keeping in mind the caskets have only been on sale for the last few months of 2008!!!!
I'm a proud shareholder of this company, and I am very impressed by this young man's inspiration to start a company as unique as this....
AI
