Eternal Image Inc (fka ETNLQ)

[frank69]

IF there is an SEC investigation, and IF the SEC decides that the officers have done anything wrong then and only then should we join in on proclaiming them to be guilty.

The defense of these company actions is ridiculous.The series of events outlined in my post have shown insiders selling without shareholder knowledge in most cases in concert with some type of tweet, twit, PR or meeting.White collar crime happens every day all day, just because the SEC hasn't charged or convicted EI with any crime doesn't mean there hasn't been one committed.

These so called useless licenses are tied to products that are selling and are available to the public so I don't see where they could be considered to be useless.

When the believers put down the koolaid and read the filing they will see that the licenses have not produced the revenue needed to sustain the company operations.The licenses and everything that goes along with them ( LOU, LOCS, LICS, LUCS....)are just a vehicle to create interest in investors to buy their stock. It's not about the products, it's about selling stock.


http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7573854



Current Liabilities:
Accounts Payable and Accrued Expenses
1,643,325
Notes Payable, Current Portion
457,110
Total Current Liabilities and Total Liabilities
2,100,435


Revenue
89,346
Cost of Goods Sold
(56,839)
Gross Profit
32,507