Eternal Image Inc (fka ETNLQ)

[frank69]

Common sense says Matthews will cut the check to EI for the difference.

I don't care what Common sense says.The agreement says:

STEP ONE


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION,
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 17, 2010
ETERNAL IMAGE, INC.




Quote:
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1.
SALE AND RE-PURCHASE OF THE PRODUCTS
Subject to the terms and conditions contained herein, and specifically the following paragraph, during each Contract Year, as defined below, Eternal Image agrees to order the manufacture of, and to purchase from Matthews, pursuant to specifications and designs stipulated between both parties, the following Products:
a.
250 Star Trek Urns (which Product and the design of such Product have been mutually pre-approved by the parties);
b.
720 Vatican Observatory Urns;
c.
200 Vatican Observatory bronze memorial pieces; and
d.
2,000 Vatican Observatory caskets.
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There is no reason for EI to buy and take possesion of the products...and then sell and ship them back to Matthews.

Why is that in there then?