Eternal Image Inc (fka ETNLQ)

[Saratoga]

It is a lot easier to figure the A/S by just looking at what the numbers ACTUALLY ARE than trying to calculate what one thinks that they COULD BE OR WOULD BE.

Isn't that ironic, seeing this is exactly what was done. Of course, that's allowing for the major increase in the Authorized Shares which coincided with the latest Reverse Split.

Okay, here we go with a simple matter of ratios:
750,000,000 at 1:20 would equal 37,500,000
After 1:20 RS the AS is 100,000,000 shares, in established mathematical terms (for most) this establishes an increase in numerical terms of 62,500,000
62,500,000 at a reverse ratio of 20:1, to coincide with the previous AS, would equal 1,250,000,000. This would represent the increase.
With the increase known, add in the prior AS of 750,000,000 to get the sum of 2,000,000,000

One could call the company or IR for assistance:

Eternal Image, Inc.
28800 Orchard Lake Road
Suite 130
Farmington Hills, MI 48334
http://www.eternalimage.net/index.html

Toll Free: 888-6-CASKET
(888-622-7538)
Main: 248-932-3333

Investor Relations
Cambridge Investor Relations
Tony Fazio: 781-214-9038

Now you may get an answer like this:

Quote:
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The information that I got from the company said that the voting ratio on Clint's preferred shares was 1-1. Call the company and verify this if you wish but that was what I was told so that is what I posted. I always welcome anyone calling to confirm for their own satifaction. I just want to make sure that any information that I put on this board is as accurate as possible.
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Or the ACTUAL non-spin:

All 50,000,000 shares of Voting Non-Convertible Preferred Stock are outstanding and held by Clint Mytch, the Company’s Chief Executive, Chief Financial Officer and Chairman of the Board (the “Mytych Preferred Shares”). The holder of one share of the Voting Non-Convertible Preferred Stock has voting rights on all matters presented to common shareholders equal to 10 shares of common stock.