Eternal Image Inc (fka ETNLQ)

[Basser1]

I believe that the R/S that you mention for 2006 was in reality a Reverse Merger to take the company public.

The Jan 2008 R/S of 1-20 was done to bring the share structure into a more desirable range for the uplist which EI was attempting and was eventually successful in accomplishing.

As to any future R/S it is my opinion that would occur maybe two years down the line and would be a small one that would make it easier for the company to uplist to a higher exhange than the bulletin boards where we now are trading.


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.

From this point forward, please continue to direct your questions to our Investor Relations contact Tony Fazio at 781-214-9038.

October 23, 2009
Shareholder Bulletin
Dear Shareholders,


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".

Basser