Shareholder Bulletin
March 9, 2012
Greetings Shareholders,
As winter and the first Quarter of 2012 begin to wind down, we wanted to give a brief overview on what’s been happening at Eternal Image.
In terms of booked sales, Quarter One 2012 is already the best Q1 on record. as i recall EI mgmt stated millions in booked sales in the past which never came to beeeeee.....
January we also set a record with our stationery line, selling nearly 80,000 Vatican Observatory Foundation prayer cards that month. seems like a big number until YOU realize that EI realized $.01/$.03 per card...
Thus far in March alone we have received $41,000 in new product orders... of course they have...but as clint has said, currently EI has no one to fill the orders...
We recently parted ways with one of our suppliers and are in the process of re-sourcing many items, meaning a lot of the (non-stationary) orders this quarter are temporarily on back-order status until the new suppliers are ready to ship... oh, thats where i read that...which looks to be about 20-60 days from now. and YOU all know how accurate clint has been in forcasting the completion of anything at EI...
In addition to new, internationally-connected suppliers, we have increased distribution to the general public. You will soon see Eternal Image product in places very unrelated to the funeral industry. amazon, ebay, chevron, shell, etc...no limit to YOUR imagination...
We are very excited about these projects and hope to update everyone again about them very soon. YOU know what clint means by soon...???...i sure don't...
Since our last update, we have entered into new licensing agreements with the U.S. Army and the U.S. Air Force. There are also seven new universities that we will soon be adding to our CLC portfolio. have YOU seen any sales of military or university products to date??? neither have i...
Our 2010 Annual Report is finished pending final consent by our former auditors – because the report uses some of their numbers, it is required they also consent to this filing in addition to our current auditing firm. yeah right...if YOU were john demetrius i'm sure YOU'D give consent...i mean, clint owes demetrius over $100,000 dollars for past 10K and 10Q's which is why demetrius refused to do any more auditing for clint/EI...
While sales from 2010 will be mediocre, we can tell you that 2011’s will show a 15% - 20% increase, with Q4 2011 being the best of last year because it reflects our current trend of new sales records due to the increased distribution and product offerings mentioned above. the final whopper by clint...they couldn't even top the 2008 sales which were $80k below 2009 sales and in no year that clint has reported financial info has EI been able to pay their bills without borrowing money or selling/diluting shares...
..........................12/31/2010......9/30/2010......6/30/2010......3/31/2010........
Sales.................... $xxxxxx.........$89,346........$56,611.........$51,966.......
..........................12/31/2010........12/31/2009......12/31/2008......12/31/2007.....
Sales.................... $xxxxxx............$330,399.........$250,902........$309,147
