Replies to post #194006 on Eternal Image Inc (fka ETNLQ)

[frank69]

Given the low float, and a relatively small A/S and the prospects of improved revenue once Matthews and NWG kick in I for one see a much better pps for this stock in the coming months.

This new world gift?

From the last 10-q

Results of Operations – Eternal Image, Inc
Since the New World Gift Company was only established in June of 2010, the following comparative period information does not include information about the new division. As of September 30, 2010, there have been no sales, no revenues, and total operating and administrative expenses of $3,771 (net loss).

Matthews STILL doesn't have vatican approval.


Then there's that pesky debt they have to deal with.

With the A/S at a 100 million shares(I would prefer 75 million) this puts it in line with others in the industry.

I would cut out trying to make these knuckleheads look like they're in any way close to others in the industry.

just saying


IMO

[frank69]

Given the low float, and a relatively small A/S and the prospects of improved revenue once Matthews and NWG kick in I for one see a much better pps for this stock in the coming months.

This new world gift?

From the last 10-q

Results of Operations – Eternal Image, Inc
Since the New World Gift Company was only established in June of 2010, the following comparative period information does not include information about the new division. As of September 30, 2010, there have been no sales, no revenues, and total operating and administrative expenses of $3,771 (net loss).

Matthews STILL doesn't have vatican approval.


Then there's that pesky debt they have to deal with.

With the A/S at a 100 million shares(I would prefer 75 million) this puts it in line with others in the industry.

I would cut out trying to make eternal image look like its in any way close to others in the industry.

just saying


IMO

[frank69]

The float should stay at this level for at least 6 months even if shares are issued since they would be restricted for that time period

From the last 10-q

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current Liabilities:
Accounts Payable and Accrued Expenses

$1,643,325

Notes Payable, Current Portion
$457,110

Total Current Liabilities and Total Liabilities
2,100,435

This isn't going to go away by doing an R/S. Where is the money going to come from?



IMO