Eternal Image Inc (fka ETNLQ)

[lawrenzo]

another example of clint's ineptness in following EI's published numbers..."seventh" does sound much better than third...but why should clint let the facts get in the way...

Preliminary numbers also indicate that it was our seventh straight quarter with a decrease in total Net Loss."

shown below, EI mgmt has noted the reasons for the changes in net loss from quarter to quarter and year to year to be from issuing less stock for debt and stock based compensation...EI mgmt does NOT note any reduction in net loss due to increased sales or earned revenues....

Quarterly Net Loss:
.....1st Q-09........2nd Q-09......3rd Q-09......4th Q-09......1st Q-10......2nd Q-10.....3rd Q-10.....4th Q-10
..($3,375,623).....($266,237)...($450,709)....($495,131)....($279,393)...($204,731)...($170,477)........x

Yearly Net Loss:
.......2010.............2009...........2008.....
.........x.........$(4,587,700)...$(8,063,240)

March 2010(1st Quarter) Net Loss: Net Loss decreased $3,095,870 or 1108% to ($279,393) in the three months ended March 31, 2010 from ($3,375,623) in the three months ended March 31, 2009. This decrease in loss was primarily related to less stock issued for debt conversions.

June 2010(2nd Quarter) Net Loss: Net Loss decreased $61,506 or 23% to ($204,731) in the three months ended June 30, 2010 from ($266,237) in the three months ended June 30, 2009. This decrease in loss was primarily related to less stock issued for debt conversions.

September 2010(3rd Quarter) Net Loss: Net Loss decreased $280,232 or 62% to ($170,477) in the three months ended September 30, 2010 from ($450,709) in the three months ended September 30, 2009. This decrease in loss was primarily related to less stock issued for debt conversions.

Yearly Net Loss: Net Loss decreased $3,475,540 or 43% to ($4,587,700) in 2009 from ($8,063,240) in 2008. This decrease in loss was primarily related to a direct decrease in Stock based Compensation of $4,306,924 related to compensation to officers, and a decrease of $422,284 in Consulting Fees and Commissions related to the Company’s SEC filings