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al44

06/06/12 6:45 PM

#202344 RE: gophie 17 #202342

gophie- the only assets the company may have are the licenses, which are certainly not considered hard assets. How much are the licenses worth if the fees aren't paid? They farmed out all manufacturing so they have no equipment to sell. What's left? Goodwill? From the list of creditors not much of that either. Bottom line here is there is apparently nothing left to satisfy creditors. If they can break that corporate veil they can seize personal assets of the officers and directors, but is a very tough thing to do.

.............al
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Basser1

06/07/12 11:02 AM

#202346 RE: gophie 17 #202342

The reason I personally feel that way, is no one can dispute that they thru their press releases and other pumps NEVER INDICATED that there might be trouble on the horizon,



When have you ever read a press release from any company anywhere that told of trouble on the horizon. Companies don't put out bad news in PR's as that would be equal to commiting corporate suicide. NEVER, NEVER, NEVER ARE COMPANIES EVER GOING TO PUT OUT PR'S THAT FORETELL FUTURE FAILURE!!!

Take a little time and go back through the pr's that Eternal Image did release, read them thouroughly and you will have to admit that they were not really outrageous in nature. Most were actually pretty tame compared to some PR's that come out from companies on the pinks.

Above is my opinion only

Basser