Eternal Image Inc (fka ETNLQ)

[lawrenzo]

11/4/9...My Due Diligents. No BS, no opinions. Just read thru and see what EI has said they will do and what they have done, as recorded thru EI publications...for info on the 10K and 10Qs...http://msnmoney.brand.edgar-online.com/Default.aspx?ticker=ETNL
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Latest share increases: From data published on below dates...
10/23/9...22m
6/30/9....37m

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as of 11/2/9:

A/S...750,000,000
O/S...669,702,924

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T/A: ph # [phone]

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October 31, 2009 Shareholder Bulletin

With regards to the recent Form 144:

+ This form pertains to shares that were supposed to be free-trading in December, 2008 with the purpose of covering fees related to raising capital

+ Our new transfer agent is working with us to correct long-standing errors stemming from the S-1 Registration in which officers registered shares that were never processed correctly

+ You may recall a Form 4 from a few weeks ago wherein Mr. Mytych gifted 2mm shares to the group helping us close our financing deal? Although the Form 4 suggested they were free-trading shares, they were actually Restricted, as Mr. Mytych had no free-trading shares to gift. It was discovered at this time that our former t/a and broker did not process the shares from the S-1 Registration properly

+ Although required on a Form 4 to state a proposed selling date, this is for protocol purposes only. Mr. Mytych will be using a very small portion of these shares to cover fees owed to consultants from the mix-up, and will not be selling them on the open market. Furthermore, the consultants themselves have big expectations for the stock and are not looking to make any sales at the current price

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October 23, 2009 Shareholder Bulletin

We have made the switch to our new Transfer Agent so there is more transparency with our shareholders going forward. Their policy of open communcation is something we've wanted to implement for a while.

Please note, our O/S count since the previous 10Q has increased by approximately 20mm shares. All of these were Restricted Shares, and the vast majority were issued for fees related to raising capital and a few last minute details that needed to be addressed from last year. We feel Eternal Image is now ready to move forward.

It was more responsible to issue treasury stock to ensure there was no issue as to whether they would be restricted and we do not anticipate the need to continue these offerrings in the future but as we all have learned, with growth, there are costs and our priority now is to begin growing EI for our shareholders.

This is by no means to be considered the previously mentioned "gamechanger".

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October 09, 2009 Shareholder Bulletin

Dear Shareholders,

This will be the last time EI directly addresses any action on our stock for a while, as we are in the process of changing Transfer Agents and getting the company established in the best interest of our long-term shareholders.

We feel the pps is extremely low for what we have plans for, and ask for patience as we prepare the release of exciting announcements later this quarter.

On a future conference call, we can address many of the questions regarding the events of 2009 and why things transpired the way they did. At this point, allow us the time to do some final internal improvements, including the new T/A.

The company has absolutely no plans for a reverse split whatsoever in the foreseeable future.

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September 30, 2009 Shareholder Bulletin

Eternal Image has evolved into a favorable position in which many of our industry partners and distributors now have the ability to display our products at the 2009 NFDA show in Boston. It is a much more cost effective scenario for Eternal Image to withdraw from exhibiting this year for some of the following reasons:

+ All of our current product will be displayed at exhibits by our various manufacturing/distributing partners who will also process customer orders. This is a result of successful expansion of our distribution network that took place in 2009

+ In previous years, we have used the show to debut new licensed products. We plan to announce two new licenses later this year, but product for these will not be available and thus better displayed at the 2010 show in New Orleans when ample development time can be achieved

+ Savings of $150,000 in attendance costs will have a direct positive impact on our Fourth Quarter financial statements as well as provide us the means to consummate some additional relationships

+ Personnel from Eternal Image will attend the show to conduct meetings, check on all of our third party displays, and answer questions from distributors and funeral directors on the showroom floor

We have been working behind the scenes to develop Eternal Image into the company that our shareholders and licensors expect, and will have several important communications to share in the coming weeks.

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September 23, 2009 Shareholder Bulletin

Eternal Image will be ushering in a new transfer agent service in the Fourth Quarter.

This new transfer agent has a more open communication policy than our last, and will communicate the Total Authorized Share; Total Issued Share; and Total Outstanding Share numbers per our instructions.

More information to follow in the coming weeks.

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September 10, 2009 S. B. product update

AKC Urn Note...Amazon.com will now sell and promote AKC urns directly from Eternal Image.

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September 08, 2009 Shareholder Bulletin

As fellow shareholders we too are sensitive to the price and daily fluctuations of ETNL like you are. Today's small sell activity represents a very tiny amount of the overall outstanding shares and we want everyone to know that today's activity does not reflect any selling by Eternal Image corporate officers. We believe 100% in the future of Eternal Image, Inc. and would not be very anxious to sell our stock at these extremely low prices.

To help you understand where we are with ETNL stock we thought it would be prudent to provide some updated information:

· Current O/S as of 09/08/09: 647,673,512

· Absolutley no current plans for a reverse split...despite rumors to the contrary on internet blogs

· We are currently in the process of recalling 20 millon shares of restricted stock which were part of the last increase

· We do not believe that any of todays activity is related to the last increase or "new shares" but rather may be attributed to old shares finding their way into the market

· A friendly reminder to sign up and follow Eternal Image on Twitter.com. Be sure to activate email and cell phone updates. If an event occurs that is not required to be disclosed on a Form 8K, Eternal Image will decide the best medium for relaying that event: a Press Release; a Website Bulletin; a Tweet; a combination of these three; or none of them should the event be best disclosed on the subsequent Form 10Q for that Quarter. When the new version of eternalimage.net is launched, there will be a better forum for displaying EI News and Events, including a live Twitter feed for those who are not subscribers but who wish to view our Tweets

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August 13, 2009 Shareholder Bulletin

During this past year the strategic evolutionary changes at EI and the SEC uplisting requirements have had a taxing effect on our company and thus on our shareholders as well, and we sympathize with the frustration. Nothing has vexed us more than to see our company delayed in its desire to break out into the market. Now that we are stabilized on the Bulletin Boad and current in all filings, we can focus our efforts and finances to growth and sales. We have been very busy building EI but thought you would like to know that:

1) the expense of the extended uplist process cost much more than anticipated

2) production was slowed due to an evolutionary change in the execution of our business plan

3) now that the uplist is complete, we have moved forward to secure financing for our new generation of licensed products. The company has already been transitioning from the developmental stage to the growth stage and we hope you will be pleased with the results.

The10Q shows a small increase in the Outstanding Share. This structure was necessary, as it was determined that a combination of limited increase and slow production was better than a massive increase in share structure.

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August 04, 2009 Shareholder Bulletin

While we have received many emails and phone calls from shareholders wanting to know what's coming up next since reaching the Bulletin Board, it is impossible to respond to each of them. We can, however, share some information through our web bulletins.

+ We are working on our next 10Q so it will not be delinquent. Some of you have expressed fears that there has been a massive increase in O/S. This is not the case at all. In fact, rest assured that any increase of the O/S that is greater than a few percentage points of the total O/S is considered a "material event" and is therefore bound to be disclosed in a Form 8K

+ Before the end of the year, we will be announcing at least one new license

+ Before the end of the year, we anticipate announcing a game-changing partnership that has been taking shape behind the scenes since early 2009

+ A newly designed Star Trek urn will soon be going on sale, and we plan to debut it to the world in conjunction with one of the largest Star Trek fan websites

+ A fresh content update to eternalimage.net is currently in the works

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July 28, 2009 Shareholder Bulletin

Today FINRA approved the final quotation request that was part of our 15(c)(211).
Market makers should be on the box later today with the initial pricing and others will follow

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July 20, 2009 Shareholder Bulletin

Even though Eternal Image stock has been listed on the Bulletin Board for the last week or so, there was a remaining request of FINRA that our market maker sponsor submit to them some specific quotation information. This was completed today. We expect a short turnaround of a few business days. We also expect greater market maker participation in our stock once this final formality is out of the way.

With regards to the 8k that was filed today, management wanted to take a minute and express their excitement for this new partnership that will add to our asset base and future revenue stream. In exchange for promoting the services of Eternal Remembrance to our existing dealers and distributors, Eternal Image received 10% ownership interest in this new corporation. No stock or cash was paid by Eternal Image for this ownership interest.

Eternal Remembrance is revolutionary, and the first of their kind in the urn repository market. We look forward to debuting more details about their global services at the NFDA show this October.

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June 30, 2009 Shareholder Bulletin

The recently filed 10Q, in its disclosure regarding future money raises, mentions both equity and non-equity type solutions for financing.

In an effort to end further dilution of our stock, Eternal Image has been working with Mastermind Venture Partners on a non-equity capital raise in the form of a perpetual credit line.

We will be announcing the details of this credit line in conjuction with Ms. Susan Wong of Mastermind Venture Partners in the very near future.

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May 22, 2009 Shareholder Bulletin

The audit team continues to work on both our 10K and 10Q. The team has agreed to work through the holiday weekend on the entire project at Eternal Image's request.

The Q1 10Q is prepped and ready, awaiting the audited financials from the 2008 10K.

Also, Eternal Image will be taking delivery of its first finished production Precious Moments casket on Wednesday, May 27. This new product line will be available to the industry beginning June 1.

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December 19, 2008
ETERNAL IMAGE’S REGISTRATION STATEMENT HAS BEEN DECLARED EFFECTIVE BY THE SEC
EI becomes a fully reporting company

FARMINGTON HILLS, MI -- Eternal Image, Inc. (the “Company”) (OTC:ETNL.PK), a public company
engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced that the Company’s registration statement on
Form S-1 has been declared effective by the SEC. As a result of the registration process, Eternal Image
has become a fully reporting company. The Company will now have an application submitted to FINRA (the Financial Industry Regulatory Authority) for approval to have its common stock traded on the Over The Counter Bulletin Board (OTC:BB). This is a process that is expected to take approximately 30 days.

“This is a major milestone for our company,” said Clint Mytych, CEO, Eternal Image. “The SEC registration process took our team more than a year, including the pre-filing preparation and drafting responses to the SEC’s customary Comments. We have worked extremely hard to bring the Company this far.”

“It is our goal to be on the OTC:BB this winter, which will make the stock more transparent for our shareholders,” added Mytych. “We believe the future growth of Eternal Image relies on the open
relationship we have with our investors. We are elated as a company to have reached this critical stage.
This positions us to for considerable future growth and provides us with access to necessary growth capital.”

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ETERNAL IMAGE INC QUARTERLY REPORT For the quarterly period ended June 30, 2009

Form: 10-Q
Filing Date: 8/13/2009

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ETERNAL IMAGE INC QUARTERLY REPORT For the quarterly period ended March 31, 2009

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Form: 10-Q
Filing Date: 6/30/2009

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ETERNAL IMAGE INC ANNUAL REPORT For the fiscal year ended December 31, 2008

Form: 10-K
Filing Date: 6/10/2009

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Based on filings:
...............................Units Sold............................

...............6 month ended 6/30..............Fiscal Years Ended December 31,

...........................2009.........................................2008.................2007

Caskets..............78.............................................46........................0

Urns.....................246..........................................818...................1,605

Medallions...........12.............................................19........................0

Vault Covers.........0...............................................0.........................0

Total....................336............................................883..................1,605