The new company will be called Eternal Image Europe and will be jointly owned by Eternal Image USA and Remeire Ltd. of Ireland. Both companies will develop the new business model. Remeire will provide all funding and European sales efforts while Eternal Image, Inc. (USA) will provide operational, manufacturing and licensing direction.
In a business partnership costs are shared. Remeire should have to pony up some cash to get involved or they are just along for the ride without any risk.
Could someone email ETIM regarding the new business plan to see if an infusion of cash is in the plans?
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