Eternal Image Inc (fka ETNLQ)

[Saratoga]

Don't forget the latest tweet:

Our Q1 2010 report has been filed with the SEC and can be viewed on EDGAR. Operating Loss decreased 1,100% from the same period last year! about 3 hours ago via web

LOL

IMO...The most relevant number is the $56,000.00 in revenue for the quarter. Compared to quarter over quarter by year it isn't very impressive. To their credit, they adamently state they need 1.5M for 2010, like in 2009. Even by some chance they reach 300 - 400K in revs for 2010, they will still be operating at a seven digit deficit and with that most likely comes more dilution or loan shark financing in lieu of shares. Blame can be laid on comparison of Q1 09 and Q1 10 revs from the influx of casket sales in 09, but the reality is the numbers remain the same and it is not growth. Urn sales down also quarter to quarter. Heck, all they have to do is sell 20 medallions next quarter, then they can publish a 5,000% increase in that specific venue.

GLTYA