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Re: Lurker from Mars post# 168842

Sunday, 06/14/2009 12:26:09 AM

Sunday, June 14, 2009 12:26:09 AM

Post# of 202893
EI corporate has lied to you/shareholders all along as evidenced in their just filed 10k.. It's obvious ETNL's only concern/objective is filling their own pockets (imo).. did you see their 2008 compensation package listed in the 10k.. truly unbelievable!

NO less than 1/2 dozen posters (that I'm aware of) emailed IR and or HQ and none have received replies to any concerns, just a couple blah blah blah's from Tony.. is this the sign of a company exec team that gives a rats azz about any shareholders, really?

item 2. you asked Clint to open TA to Superbee because you believe everyone trusts her (fwiw, I do too).. so you think 100% of all ETNL shareholders participate on IHUB's message board and if NOT, they aren't entitled to getting the same info from TA as ONE poster on this board, seriously?

item 5. "NO MORE SHARES", since you've been asking them to reduce shares (over a year) they've increased by over 25% (several 100% based on pre R/S), what's different now?

item 6. "YOU HAVE YOUR OPTIONS available" So now Clint will run EI based on options given to him by message board posters?

read the 10k, the company is broke, sales are dismal, losses are huge.. the company is run by Mom, Son and several (2?) other employees in a 2000 sq ft leased office, how serious can this be?

everything they do is contract, they mfg NOTHING themselves.. material/mfg costs, % to distributors, % for license fees/royalties.. even if they ever started shipping product quantities, how much will the ever net.. likely ZERO, NADA, ZILCH, NOTHING.. I wouldn't be surprised once all those were added they didn't have NEGATIVE earnings regardless of $$$$ revenues..

ain't happening here, never has been.. all ETIM/ETNL has ever been is a novel idea that is greatly under capitalized and GROSSLY mis-managed, which has only gotten worse over the years, not better.. sorta like a the worlds largest NOVEL rental car company once owned by the same CEO, that also failed (imo).. great ideas but no wherewithal to move them..

they have nothing to sell, licenses all running out within time.. why would MLB renew for several years with a company that virtually sold such little product.. because, the real money companies don't want to have anything to do with what EI is pushing..

uplisting to BB will harm them more than help.. most penny BB's dilute to billions then R/S over and over and over.. pinks don't have to be honest with shareholders and/or financiers (look at all the shareholders that loaned $$$ to EI this past year, unbelievable), when they become BB they will NO longer be able to BS or hide the real facts.. it'll destroy any opp they would have had to find funding, imo!

it's all but over with these pocket liners.. $3200 per month for 2 leased vehicles.. seriously, does that not say it all?

I'll likely leave you alone now and won't let the door slap me on the way out..


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