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Re: Basser1 post# 175481

Monday, 10/19/2009 8:23:12 PM

Monday, October 19, 2009 8:23:12 PM

Post# of 202893
Remember Basser, Clint is not the one to get these Licenses.

"In July 2004, we retained the services of a licensing agent, Woodrow Browne of Building Q, LLC, Medford, NJ, to obtain licensing arrangements for our designer funerary products."




"What some don't realize is that Clint and the management team have been very good at getting the license agreements that allow the products to be manufactured. My opinion is that this is the direction that the company should be moving in, that of a licensing agency to the entire funeral industry. If this is what happens then EI doesn't have the overhead that is present with manufacturing or distribution process. Just get the licenses and collect the money, sounds pretty streamlined to me."




Licensing Agreements




In July 2004, we retained the services of a licensing agent, Woodrow Browne of Building Q, LLC, Medford, NJ, to obtain licensing arrangements for our designer funerary products. Pursuant to the terms of the agreement with Building Q, LLC, the licensing agent is also responsible for managing and maintaining the company’s current licensing relationships. In connection with this, Building Q attends various tradeshows, both in the Funeral and Licensing industries, on the Company’s behalf in its effort to pursue new licensing opportunities. Furthermore, Building Q consults with us to determine the future licensing opportunities that the Company should consider. Building Q is paid a monthly consulting fee of $1,000 plus a one-time bonus of $2,500 upon the closing of a new licensing agreement. In addition, the agent receives 2% of Gross Sales on products under licenses which they helped secure, until the agreement with Building Q expires and/or is modified. The current agreement with Building Q, LLC expires on December 31, 2008. However, it provides for automatic one-year renewal terms, unless cancelled in writing by either party.



POINT IS CLINT HAS DONE NOTHING BUT RUN THIS COMPANY INTO THE GROUND. SHAREHOLDERS INTERST IS AT ITS LOWEST ALONG WITH THE PPS.


YOU CAN HAVE 50 lICENSES BUT THAT DOESN'T MEAN YOUR GONG TO MAKE MONEY.


50 LICENSES, 50 ROYALITIES TO PAY



REMEMBER EI DOES HAVE COMPITION, "COLLEGIATE MEMORIALS"

THEY'VE BEEN IS BUSY FOR AT LEAST 8 YEARS SINCE 2001

WWW.COLLIGIATEMEMORIALS.COM

GO GATORS

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

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