Replies to post #188102 on Eternal Image Inc (fka ETNLQ)

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Think about this though. If they have a 5 million dollar credit line maxed out, they would had to have qualified by the lender prior to that happening. Eternal may not have shared the profit split to us, but perhaps they did with the lender to qualify for (up to) 5 million bucks. If the interest rate is 6%, a 30 year mortgage payment would be 30k per month. If its a revolving payment, reduce the monthly payment to about 25k. That being said, we can discern that Eternal would have to make about 60k per month to keep their debt to income ratio below 45%. if they make 720,000 per year just off mathews, they will likely be above a limmion total when you consider the Frank Colapinto revenue and Star Trek, MLB, NCAA, etc...etc. AND-----