2009 PROPOSED GOALS:
12/19/8 - 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.
12/19/8 - “It is our goal to be on the OTC:BB this winter, which will make the stock more transparent for our shareholders,” added Mytych.
12/19/8 - “We believe the future growth of Eternal Image relies on the open relationship we have with our investors," added Mytych.
12/19/8 - "This positions us to for considerable future growth and provides us with access to necessary growth capital,” added Mytych.
6/30/9 - "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."
7/20/9 - "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."
7/20/9 - "Eternal Image received 10% ownership interest in Eternal Remembrance, a 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."
8/4/9 - "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"
8/4/9 - "Before the end of the year, we will be announcing at least one new license"
8/4/9 - "Before the end of the year, we anticipate announcing a game-changing partnership that has been taking shape behind the scenes since early 2009"
8/4/9 - "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"
8/4/9 - "A fresh content update to eternalimage.net is currently in the works."
9/23/9 - "Eternal Image will be ushering in a new transfer agent service in the Fourth Quarter."
9/30/9 - "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"
9/30/9 - "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"
9/30/9 - "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"
9/30/9 - "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"
9/30/9 - "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."
2009 GOALS ACCOMPLISHED:
7/28/9 - "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"
10/23/9 - "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."
2009 EXCUSES
8/13/9 - "the expense of the extended uplist process cost much more than anticipated"
8/13/9 - "production was slowed due to an evolutionary change in the execution of our business plan"
8/13/9 - "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."
8/13/9 - "The 10Q 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."
EPILOG:
I'm sure i missed some of the 2009 goals, some of the 2009 goals accomplished, and some of the 2009 excuses and as can be seen by this list, EI put out a lot of proposals and the "dreams" were met or not met as each poster or investor will have their own opinion. One can only wait and see if 2010 finds success for EI, continued water treading by EI, failure for EI, or ???. Maybe the shadow knows....
AI
