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silo

12/03/10 9:39 AM

#193630 RE: RJ Trotts #193629

I don't believe a word these guys say. Period.
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DD-214

12/03/10 9:41 AM

#193631 RE: RJ Trotts #193629

can you say Adios, maybe 5 more R/Splits to follow..

After meeting with financial consultants and our own SEC counsel, it was decided that the current share structure is too large for any reputable funding sources to consider us. With 715 million shares outstanding, the Company would need to gross approximately $32 million in annual sales to justify a share price of even 10 cents. Following this split, we can support a 10 cent share price with annual sales around $4 million
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frank69

12/03/10 9:43 AM

#193633 RE: RJ Trotts #193629

AH yes, this is right on schedule. The update that tells how this is some how good for EI and its shareholders........it would be funny if they didn't just stick it to the faithful and trapped investors not less than 24 hours ago.

and the beat goes on



ALL IMO
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Stock_Stalker

12/03/10 9:47 AM

#193637 RE: RJ Trotts #193629

Guess you can see, Lenders view EI, the way I do...
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DonVaBeach

12/03/10 12:40 PM

#193697 RE: RJ Trotts #193629

Thanks, RJ. I hadn't seen it yet.

To the rest of the faithful, as you read this release, remember that management has such faith in this Company that they have been dumping shares with abandon.

Nick Popravsky, their VP of Sales, for instance, had close to 32 million shares in January of this year. After some nice sales, he only has a little over 2 million shares left.

Clint and Mom were also grabbing the lifeboats of the Titanic formerly known as Eternal Image. If they're selling, I'll be damned if I'm going to buy! Show me REAL SALES.....REAL NET PROFIT....more assets than liabilities....and maybe....just maybe...I'll reconsider.

Like some of my Truther Brothers (and Sisters) have said in the past:
"Wash......Rinse.....Repeat".

Or, as the saying goes: "Fool me once, shame on you. Fool me twice, shame on me."

Don't be fooled again!

IMO
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jims406ss

12/05/10 9:52 AM

#193892 RE: RJ Trotts #193629

The most recent opportunity we pursued included terms we felt were predatory and not in the best interest of the Company or its shareholders
But a 20:1 R/S was good for shareholders? Not to mention the dumping by officers of the company