Eternal Image Inc (fka ETNLQ)

[LC-GATOR]

These Officers did not add any new shares.

The 14 C amount includes the 7 year option shares that doesn't go into effect until the end of the year.

Officers, Directors









Clint Mytych
Common
55,336,000(3)
11.50%(1)(6)


Preferred
50,000,000
100.0%






Donna Shatter (1)
Common
56,450,000(4)
11.75%






Wallace “Nick” Popravsky (2)
Common
34,500,005(5)
7.2%






James Parliament
Common
13,047,500
2.74%






5% Shareholders




North Atlantic Resources Ltd.
Common
65,228,126
13.70%






All Officers and Directors as
Common
224,561,631
45.99% (6)

a group (four persons):
Preferred
50,000,000
100.0%





(1) Ms. Shatter is the mother of Clint Mytych.




(2) Does not include the shares held by Mr. Popravsky’s son, Nicholas Popravsky (8,184,000 shares), and his daughter, Candice Horne (7,839,000 shares). These shareholders deny beneficial, dispositive and voting interest in each other’s stock.




(3) Includes 5,000,000 seven year options granted to this shareholder on December 19, 2008. The grants were made pursuant to the Company’s 2008 Equity Incentive Plan. Each option, when exercised, allows the option holder to purchase one share of the Company’s common stock at an exercise price of $0.01804 per share.




(4) Includes 4,200,000 seven year options granted to this shareholder on December 19, 2008. The grants were made pursuant to the Company’s 2008 Equity Incentive Plan. Each option, when exercised, allows the option holder to purchase one share of the Company’s common stock at an exercise price of $0.01804 per share.




(5) Includes 15,000,002 shares held by this shareholder’s wife, Debra Popravsky, and also includes 3,000,000 seven year options granted to this shareholder on December 19, 2008. The grants were made pursuant to the Company’s 2008 Equity Incentive Plan. Each option, when exercised, allows the option holder to purchase one share of the Company’s common stock at an exercise price of $0.01804 per share.




(6) Combining his holdings of common and preferred stock, Mr. Mytych’s percentage ownership and voting privileges equal 19.83%, and the percentage ownership of all officers and directors as a group would equal 38.89%