Replies to post #177828 on Eternal Image Inc (fka ETNLQ)

[DonVaBeach]

This is a company with a consistently negative cash flow.

I presume they'll get a loan extension, and then pay it back through the new LOC.

Anybody have a more plausible scenario?

[lawrenzo]

i would think EI would pay off the $200k by giving the same amount back they borrowed plus the $1333.33 int. EI noted the $200k was just for show purposes to a 3rd party lender....so none of the $200k would be used...yah think...