Replies to post #94035 on Eternal Image Inc (fka ETNLQ)

[LC-GATOR]

You might want to read the reguirements of selling Restricted share govenered by the SEC. If you are an old timer, you should already know this.

Restricted Shares
Shares acquired in a private placement are considered restricted shares and may not be sold in a public offering absent registration, or after an appropriate holding period has expired. Non-affiliates must wait one year after purchasing the shares, after which time they may sell less than 1% of their outstanding shares each quarter. For affiliates, there is a two-year holding period


http://vcexperts.com/vce/library/encyclopedia/glossary_view.asp?glossary_id=100


I hope this helps you in understanding things.


Pete

[MaryKateAustin]

inoutback, I agree.... but you can know when they start dilution by watching OBV on the chart.

This is the part that could be dilution:
"The infusion of more than $1.2 million means we can accelerate our production and fill a growing backlog of orders, and we can continue to work to add new licenses to our roster," said Clint Mytych, CEO Eternal Image. "In addition, we will now be able to meet the next phase of forecasted demand."