ETNL Timeline
August 13, 2010
Eternal Image, Inc. (the "Company") (OTCBB:ETNL), a public company engaged in the design, manufacturing and marketing of officially licensed memorial products such as caskets, urns, monuments and vaults, today released the following Letter to Shareholders on its website: Dear Shareholders: As we have previously discussed, Eternal Image has been working diligently to close a non-equity/non-dilutive loan. Today we received a Letter of Intent from our funding broker that outlines the final steps required to close a $5 million growth capital loan. This Letter of Intent is to be followed next week by a Conditional Approval Letter directly from the lending institution.
From the time we receive the Conditional Approval Letter until closing is expected to be about twenty business days.
August 30, 2010
Eternal Image, Inc. (the "Company") (OTCBB:ETNL), a public company engaged in the design, manufacturing and marketing of officially licensed memorial products such as caskets, urns, monuments and vaults, today released the following Letter to Shareholders on its website: Dear Shareholders: As a follow-up to the Letter to Shareholders released on August 13, 2010, we are pleased to announce that the Conditional Approval Letter from our Lender was delivered to us on August 27, 2010. At this point, management will work diligently to satisfy the due diligence requirements the Lender has so that we can proceed to a timely closing. At such a time that we deliver the final due diligence items to the Lender and a closing date has been chosen, we will again update our shareholders.
Business Days: since the August 30, 2010 release.
1-August 31, 2-September 1, 3-September 2, 4-September 3, 5-September 7, 6-September 8, 7-September 9, 8-September 10, 9-September 13, 10-September 14, 11-September 15, 12-September 16, 13-September 17, 14-September 20, 15-September 21, 16-September 22, 17-September 23, 18-September 24, 19-September 27, 20- September 28.
Lets hope they acutally come through on this date above...I am not holding my breath, but I am hoping! With this depressing stock there is only one thing to do, hang on...hope and pray!!
-The end of June we were supposed to have another licenses announced, did I miss it, because I sure have not heard anyone talk about it.
-5m shares supposedly going to be retired (months ago) yet the only thing that the o/s has done is go UP, and that is not appreciate by the shareholders.
-The Star Trek Urn is released and we have NOT heard a number of estimated sales from that company that is pre-selling them?
-ST urn available after Oct 1, why? I guess they want everything to be recorded for the Fourth Qtr?
-The Catholic Cemetery Conference was last week and the Vatican Observatory Casket debuted yet we have NO update or photos yet.
-No update from Frank and our candle division
-Is Buzzbaun or who ever dumped those millions of shares, done diluting yet?
-NFDA coming up in New Orleans in October, yet no update on that.
-Adult Precious Moments class coming out Nov 1, yet nothing new on that.
-I would love to see EI's products listed on the MATW site, atleast the ST urn?
-PPS continues to suffer lower and lower, the only folks to blame are mgmt. Nothing like a PPS at a ALL TIME LOW, If you have any doubt re-read this post with the PR’s attached.
-Emerald Assets held there shares in a 6 month hold period, that time is just about up, unless it has already expired. I wonder what their plans are? Did EI ever pay off that $200k to them? LOL
You would think they could twitter out an update, or release some photos. Or on our updated website, those are FREE ways to communicate, rather than sitting around and having all of us shareholders wonder? This is just more ammo for the bashers, this stock is SO easy to bash because the limited updates. I wish MATW would just buy out this company and put it out of its misery. It has been a rough go around for mgmt IMO.
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