Replies to post #199883 on Eternal Image Inc (fka ETNLQ)

[Saratoga]

Nick's shareholder bulletin left no doubt what Eternal Image's focus has been. As if there was any doubt of the share selling machine EI has always been and how they accomplished the deeds.

It was surprising that Nick would be so revealing with the verbatim everyday banter used by the extended network of folks participating with EI to continue the same MO they have for years. Soooooooooo obvious, but the unethical games continue. Criminal.

EI is in default completely on their own on filings. The crooks even filed a NT-10K knowing all along Demetrius was dropping them for non-payment. Matthews?? IMO it was no different than the European partnership, numerous LOC's, etc... They sold stock like the world was ending.

While selling stock for months, while planning another reverse split, knowing what the correct time frame was to file the form 4's and later pleading ignorance and (unconfirmed) acceptance by their attorney(s). Why, unless someone unethically had something to gain, would anyone believe that line of bull. Especially after the "actual" history of Eternal Image.

This whole EI enterprise is full of crooks. The content of the bulletin is merely a continuation of the business plan the enterprise has followed for years. Scamming shareholders for personal gain.

IMHO

[midrew]

"It is NOT a slow business with the right people running the business who know how to develop relationships with the right manafactures and distributors"

You know the indusry better than I, but I question if there has ever been an interest in their products, or if it has just been a business ineptness in bringing them to market. Maybe we will never know, but obviously something isn't working. This is not an upstart company. It is a RESTART company. Restart, after restart, after restart. And nobody can twist the results.

But of course you have those in the "history doesn't matter" camp.

So you have a couple making an investment decision on this company.

Partner 1. "I see this company has a lot going on. The Kiss relationship, Waterloo, the New World Gift company, some websites that are coming soon, and they have been in business for 7 years. And more importantly, inside management just informed the stockholders things are progressing well. They might even report again. But that's history, that doesn't matter, the supporters say look at tomorrow not the past"

Partner 2. "But honey, do we ignore the fact that they have really had no interest in their products, revenue has never kept up with expenses and debt, that they lost their accounting/auditor firm because of lack of payment, that they don't report their financial statements, they have pending lawsuits, outstanding debt and accounts payables at approx. a half million dollars, their stock is at a half penny after two reverse splits and at historic lows, stockholders don't know where the funds from loans and stock sale have gone, or if there has been any return on investment. But if you feel history isn't important, go ahead and buy based on another set of empty promises. But good luck, trading is about as active as their product interest. But hey, that's history, 7 years of it."