Eternal Image Inc (fka ETNLQ)

[discreet_suffolk]

Why do a R/S? I would increase the A/S and get some cash to pay off debt?

750,000,000 A/S --to-- 1billion A/S. OK it will hurt the stock price. But it seems management needs to restructure its expenses.

Didnt they say there was an investor willing to put up $1million for their loan. Issue more shares and issue them to that investor who has the faith in ETNL.

All a R/S does is reduce the A/S and increase the PPS accordingly. I guess you would want a higher PPS to draw more attention to yourself and hope a Mutual Fund would buy.

I think the management at ETNL have no wall street knowledge and are listening to IDIOTS who claim they know about the market. R/S is only good for up and rising companies NOT down and falling companies..... Just does not make sense ! ! !

How does the company make EXTRA money from this R/S?