Replies to post #22560 on Eternal Image Inc (fka ETNLQ)

[Lurker from Mars]

"A- Yes, its still in effect. We have another 200k to go before we exhaust the 504 funds."

There you go! $200k is roughly 200mil more at this pps and not counting today. They should have enough shares so they should not have to raise the A/S again. I am gathering my funds. Later all.

Make sure Irish sees this! bye


Nice, thanks for the email too!

[IRISHBULL]

bucko: - "Q- I am sorry to take up your time. I know you have probably received many question similar to this one."..... First of all NEVER be sorry for asking questions. ETIM is a publicly traded company and its the IR's job to answer all your questions. Thats why so many people get caught in sinking ships and lose their asses because their scared to ask question in fear of bothering the company.

OK, so we are looking at another 200M shares at this PPS level. Hard to believe there is 200K in cash left given the huge amount of volume in the last several months and at a much higher PPS. The only thing I can think of is the lender shorted the piss out of the stock knowing they were diluting on the way down and could kill any run with dilution.

Thanks for doing the leg work and asking some of my questions. That wasn't so hard, now was it ;-). Now, we should check in once a week and see how much money is left and when the 504 is satisfied. Could get interesting after that. The O/S will still be low compared to MANY of these stocks that have ran well above .01 and have no business..

[Teamlasvegas]

Thx Buck 4 Takeing The Time.

$$$$$$$$$$$$$$

Posted by: bucko158
In reply to: IRISHBULL who wrote msg# 22498 Date:1/18/2007 4:30:15 PM
Post #of 22678

Email Response to questions, I just got this. He broke up the questions in his reply so I added a Q before the question and an A before the response. Thanks to Irishbull for the questions

Hi John:

Sorry for the delay but I needed to confer with Jim Parliament on financial questions as I realize you and others are looking for specific answers.


Q- I am sorry to take up your time. I know you have probably received
many question similar to this one. But, I and a group of other
investors from the IHUB board need to know if the price is being
dropped due to dilution or some other selling. Can you please try to
answer the following questions?

Is the original 504 still in effect? or has it been satisfied? if
not, how many shares have you issued to the lender so far and how
many shares do you figure it will take to satisfy the lender?

A- Yes, its still in effect. We have another 200k to go before we exhaust the 504 funds.

Q- Is there other financing in place that is causing dilution to the
stock? If so, please give details and terms.

A- No, its just the 504.

Q- Do you plan on doing a reverse split within the next 6 months?

A- Not in the current plan

Q- Are there any S-8's issued. If so, how many shares?

A- If you are talking about filing for OTC, we have not done that yet. Details to develop once the audit is done.


I hope this helps you,

Best Regards,
Tony Fazio
Cambridge IR Services