This is topic ETIM - Bottom bounce - .0011*.0012 - Rumor on News soon on New Deal in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
News of new Deal on Ihub flowing on...Also this is at a nice bottom...Could bounce hard if some BIG news comes in...Nice time to get in...
Posted by jos_tul on :
I dont see this going DOWN any further...MM shook this hard...The way should be UP soon IMO
Posted by dinner42 on :
hope you're right about the bottom...picked up some more... now watching from the seats..lol
at the mercy of the Court!
Posted by paulbest on :
I'm in with $100. I think .0012 is very close to a bottom here.
I've learned not to invest more than $100 on a acct of $1500. Thats been my mistake. If i lose 40% of 100 its only $40. When I put up $500 and lose 40% thats ....%200. BINGO I've learned a valuable lesson with APPI today.
Posted by paulbest on :
ETIM will begin to see short white candles with tu=iny red ones over the next 2 weeks, with one or 2 mid size white spikes. it will struggle to see .006. I'm guessing it will top its run at .005, if its lucky. Depending how on how solid the upcomming next news is. http://stockcharts.com/h-sc/ui?s=etim Posted by GVMOORE on :
Paul I take the five fold for short term but will hold for the 07 blow. GL
Posted by thesource on :
I'm sitting on almost 500K shares and its way past time for this thing to shine !!!
Posted by paulbest on :
quote:Originally posted by GVMOORE: Paul I take the five fold for short term but will hold for the 07 blow. GL
whats "the five fold" mean?
Yes this is s shart term stock. As I see it , looking at the recent candle chart, any 20% gains will see some sell offs as folks who have been buying in the past 2 weeks begin to lower their position, while others will buy on the dips and push it back up.
I also think this will be a interesting play in 07, Janurary particularily.
Posted by Superbee383 on :
quote:Originally posted by jos_tul: News of new Deal on Ihub flowing on...Also this is at a nice bottom...Could bounce hard if some BIG news comes in...Nice time to get in...
No jos, it's not news of a new deal.. it's a RUMOR, that's all it is.. a rumor of news.
Posted by Jonus on :
ETIM, here's what one of the shareholders found, Awesome find!!
Credit goes to Riverboat
I think everyone should take a gander at what I found. Our CEO has a US patent for car shaped urns and caskets. I wonder if this has anything to do with the DD required for a NASCAR deal?
United States Patent 6,763,558 Mytych July 20, 2004
-------------------------------------------------------------------------------- Vehicle shaped caskets and urns
Abstract The vehicle shaped caskets and urns are stylized funeral containers that are configured to reflect the particular features of specific automobiles. The funeral containers include a body portion, a lid portion and a mounting base member. The body portion reflects the features of the lower chassis that are particular to specific automobiles, including headlights, bumpers, fenders and doors. The lid portion reflects the features that are particular to top portion of specific vehicles, including a windshield, a trunk, and windows. The caskets include authentic nameplates and hood ornaments to enhance their authenticity.
-------------------------------------------------------------------------------- Inventors: Mytych; Clinton R. (Wixom, MI) Appl. No.: 10/411,694 Filed: April 11, 2003
Current U.S. Class: 27/2 ; 27/1; 27/14; 27/27 Current International Class: A61G 17/00 (20060101); A61G 17/08 (20060101); A61G 17/04 (20060101) Field of Search: 27/1,2,27,35,14,8 D99/2,3,5 211/85.16 52/133
Posted by paulbest on :
quote:Originally posted by Superbee383:
quote:Originally posted by jos_tul: News of new Deal on Ihub flowing on...Also this is at a nice bottom...Could bounce hard if some BIG news comes in...Nice time to get in...
No jos, it's not news of a new deal.. it's a RUMOR, that's all it is.. a rumor of news.
If in FACT there is RUMOR of impending good news, then the stock will start to move up. Remember buy on rumors, sell on news.
ETIM will have to fight the sell offs on any green days.
So I expect it will open at bid .0012, ask .0014, and finish the day at .0014, thats 16% green. However you couldn't buy at .0012 and sell at .0114, the MM's will only buy at .0012. So theoretically its not a 16% gain.
Posted by Superbee383 on :
Sure glad I don't stick to that 'buy on rumor, sell on news' on some of my stocks. It's turning into a Pavlov bell for the dogs. Why would I want to sell on good news, that'll keep the stock moving up? If I did that on 2 that I have, one in particular, I'd have lost out on almost 50.00/share.
Posted by dinner42 on :
The fund raising, bake sale should be over after today!
Posted by Abe Smith on :
for anyone who believes this is a short term stock needs to be smacked in the face.
Posted by paulbest on :
quote:Originally posted by Abe Smith: for anyone who believes this is a short term stock needs to be smacked in the face.
The more I think about this co , I think you're right on. I think what you re saying is this stock could see $1.00/share in 2007.
Posted by dinner42 on :
agreed. but have been able to buy more lately, now my position is getting up there for the new year...
best of luck to all face smackers!
Posted by dinner42 on :
1.00 a share! how do you compute that hypothesis? or conclusion. There are no fundamentals that equal that. Just curious where the dollar figure comes from. lol
d42
Posted by thesource on :
I don't know about a dollar a share unless they did a reverse split . It's going to depend on how they play the news once the items start creating more buzz and is actually creating profit for the company . It is not a short term play but from this level , even if it went to .25 PPS , alot of people including myself can make some good money on it .
Posted by paulbest on :
right, we first have to get to a penny
Posted by Abe Smith on :
I dont see this trading for anything above 30 cents for the next couples years
Posted by thesource on :
I'm more than fine with .30 a share !!! Posted by paulbest on :
let me ask you guys a question has anyone actually tried to contact the company? I have , and so far I've had no luck, phone or emails. No wonder this stock sells for what it does. No thanks. CKEI is a real co, real people, real product, real income.
Posted by thesource on :
I received an email responce from Clint . He basically told me that they were more concerned with getting the products out on time and getting some income in for the company versus worrying about the current PPS . I thought it was odd for the CEO to respond to my email . I was expecting someone from IR . I think the company is still really small and doesn't have an IR yet . Thats just my own opinion .
Posted by jos_tul on :
UT .0014
Posted by paulbest on :
quote:Originally posted by thesource: I received an email responce from Clint . He basically told me that they were more concerned with getting the products out on time and getting some income in for the company versus worrying about the current PPS . I thought it was odd for the CEO to respond to my email . I was expecting someone from IR . I think the company is still really small and doesn't have an IR yet . Thats just my own opinion .
the only person you can get is Nicole which is an answering service. Until I can get someone that picks up a phone and says "Hi this is Eternal Image can I help you",,,not a dime from my pocket.
Posted by IMAKEMONEY on :
I THINK ITS STARTING TO LOOK GOOD NOW,JMO Posted by GVMOORE on :
10% of the custom casket sells = 1.5b in sales yearly with profit margins of 75-100%. Can ETIM penetrate 10% of the market. I believe in 5 yrs it will be more like 50+%. US Casket mfg can't stay afloat to offshore low cost production. Etim has found a niche in a market that will be in hot growth demand till mankind sees that last flast of light. Will ETIM pps still be at .0012. It's all dependent on ETIM management. We should lots of green if only managed half azz right. GLTA
Posted by hurricanematt on :
BUY
Posted by GVMOORE on :
Cup and handle formation
Posted by paulbest on :
didn't you guys read what i just wrote? There's mo one in the office. Heck they don't even have a office. Its an answering service. Her name is Nicole
Posted by Jo4321 on :
We love Nicole! Posted by GVMOORE on :
Paul everyone is out of office making deals. Think +++++.
Posted by Abe Smith on :
paulbest has obviously never ran a company before, if you're on a phone all day and its not a customer, your not making money
Posted by hurricanematt on :
Too close for missiles, I'm switching to guns.
Posted by jos_tul on :
UT .0016 - Up 23%
Posted by Abe Smith on :
up 30%
Posted by JimSC on :
Bid 0.0015 Ask 0.0016 Last 0.0016 Open 0.0014 Close 0.0013 Change 0.0003 High 0.0017 Low 0.0012 % Change 23.08 Volume 44,772,811 Last Size 200000 B/A Size 5000X5000 Last Trade Thu Dec 07 2006 15:58:07
***** This is a game set up by the MMs. Last run it was up 6X starting on Nov. 16th. All pinks are for gamble only - make sure you protec your capital first.
Posted by paulbest on :
Ahh now you're talking. The MM's are so loaded up, they need to jack the price up so THEY CAN TAKE PROFITS...smart. i guess I should have bought some at .0013. But burned once, twice afraid.
Posted by onemorehit on :
You are right on him never owning a company, just busy playing with Daddy's money!!!
Posted by mrinos on :
Hope you guys are not dreamin on this...ETIM is beginning to seem so "yesterday".
Posted by paulbest on :
quote:Originally posted by mrinos: Hope you guys are not dreamin on this...ETIM is beginning to seem so "yesterday".
Bingo , you got it. Move on to another penny stock, There's at least 2 or 3 new plays arising every day.
Take a look at CKEI.
Posted by dinner42 on :
Well I for one am having a hard time following the logic of Paul's posts!!!!! He goes from buy to don't buy in less than a complete sentence, and form.0012 to over a dollar in 2007? I sure am glad that I am not drivng down the same convoluted highway as he is. I really hope that he makes some money because that is what all of us are trying to do in our own way. Good luck to all and happy holidays!!!!!!
Posted by dinner42 on :
Hey gang. Crash and burn.. the above post is not my post, notice its at 7:33pm EST. I was in an appointment until just a little while ago. Not anywhere near a computer! I was logged off AllStocks at the time.
So who is playing games with my ID?
Well I'm off to report this to All stocks MODs.
fun stuff..
Posted by Jo4321 on :
Dinner42,
Though you didn't write the post, I certainly agree with what was said in it!
Jo
Posted by Abe Smith on :
Thats because paulsbest can begin to come up with a rationlized thought that is his. He looks at the posts before his and makes some less than sane post similiar to the one before his, throwing in a couple stock terms to make it sound on topic. At no point in time has he actually read about this stock or done any sort of DD on it. He is merely a forum leech waiting for someone to post so he can jump in with a half a$$ thought of his own.
Posted by Soylent Green on :
Printing green 17's at 9:07 already? Interesting....
Posted by Soylent Green on :
Nice news on new distributors this morning. Another piece in the puzzle.
Posted by Jo4321 on :
Here's the news...
Eternal Image Signs Distributors for Mid-Atlantic, Southwest, and Mid-Michigan Regions Business Wire - December 08, 2006 09:00
FARMINGTON HILLS, Mich., Dec 08, 2006 (BUSINESS WIRE) -- Eternal Image, Inc. (Other OTC: ETIM), a public company engaged in the design, manufacturing and marketing of customized designer caskets and urns, today announced it has reached distribution agreements with companies covering the mid-Atlantic, Southwest, and mid-Michigan regions.
Southside Grave & Vault, of Virginia, will carry the entire line of Eternal Image products, beginning with an initial order of Vatican Library Collection(TM) urns (the first products in the line available for distribution). Their agreement with Eternal Image covers much of the state of Virginia and south to Raleigh, North Carolina.
In a separate agreement, PBF Manufacturing Company, Inc of Phoenix, Arizona, has signed on to carry the complete Eternal Image line, also beginning with an initial order of Vatican Library Collection urns. This distribution agreement covers the entire states of both Arizona and New Mexico, and also southern Nevada including metropolitan Las Vegas.
Blue Water Burial in Michigan has also signed on to carry the complete Eternal Image line, and will also be stocking an initial order of Vatican Library Collection urns. The distribution agreement covers the "thumb" region of Michigan.
According to Nick Popravsky, vice president of sales and marketing for Eternal Image, inquiries from distributors and funeral homes have been steady since the company introduced its new line of products at the National Funeral Directors Association Expo in Philadelphia in October and then began a significant direct marketing campaign to the industry.
"While we do not disclose each and every new distributor we enter into agreements with, we are honored that these have allowed us to make known our business partnership. We are looking forward to a very successful future with all three," Popravsky commented.
The first Vatican Library Collection urns, featuring a design unique to EI, are now available for wholesale purchase. EI expects to roll out at least three additional product lines during 2007 in addition to the first Vatican Library Collection caskets.
EI products will be available through approved funeral homes across the country. Consumers are able to view current and new products on Eternal Image's web site, www.EternalImage.net.
For more information about EI, visit the website or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential" or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
SOURCE: Eternal Image, Inc.
Integrity IR Services Investor Relations: Peter McGoldrick, 516-825-6516 integrity*optonline.net or a.s.a.p.r. Media Relations: Robbie Tarpley Raffish, 410-883-2000 robbie*asapr.com
Copyright Business Wire 2006
Posted by IMAKEMONEY on :
GOOD NEWS!! Posted by Golf57 on :
The news this morning was nothing short of fluff. Expect ETIM to go back down to the .0008 level at which point i will gladly buy more.
Posted by Soylent Green on :
It's fluff if you're trying to flip the stock. Signing distributors is all part of a long term busines plan.
We're trying to grow an oak tree here....not a Chia Pet.
Posted by paulbest on :
quote:Originally posted by Golf57: The news this morning was nothing short of fluff. Expect ETIM to go back down to the .0008 level at which point i will gladly buy more.
thanks for the insight target price of .008 sounds nice...ooops I missed a zero .0008
Posted by Abe Smith on :
I got a flip for the flippers.... *raises the middle finger*
Posted by eddy on :
Eternal Image Signs Distributors for Mid-Atlantic, Southwest, and Mid-Michigan Regions Dec 8, 2006 9:00:00 AM Copyright Business Wire 2006 FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (Other OTC: ETIM), a public company engaged in the design, manufacturing and marketing of customized designer caskets and urns, today announced it has reached distribution agreements with companies covering the mid-Atlantic, Southwest, and mid-Michigan regions.
Southside Grave & Vault, of Virginia, will carry the entire line of Eternal Image products, beginning with an initial order of Vatican Library Collection(TM) urns (the first products in the line available for distribution). Their agreement with Eternal Image covers much of the state of Virginia and south to Raleigh, North Carolina.
In a separate agreement, PBF Manufacturing Company, Inc of Phoenix, Arizona, has signed on to carry the complete Eternal Image line, also beginning with an initial order of Vatican Library Collection urns. This distribution agreement covers the entire states of both Arizona and New Mexico, and also southern Nevada including metropolitan Las Vegas.
Blue Water Burial in Michigan has also signed on to carry the complete Eternal Image line, and will also be stocking an initial order of Vatican Library Collection urns. The distribution agreement covers the "thumb" region of Michigan.
According to Nick Popravsky, vice president of sales and marketing for Eternal Image, inquiries from distributors and funeral homes have been steady since the company introduced its new line of products at the National Funeral Directors Association Expo in Philadelphia in October and then began a significant direct marketing campaign to the industry.
"While we do not disclose each and every new distributor we enter into agreements with, we are honored that these have allowed us to make known our business partnership. We are looking forward to a very successful future with all three," Popravsky commented.
The first Vatican Library Collection urns, featuring a design unique to EI, are now available for wholesale purchase. EI expects to roll out at least three additional product lines during 2007 in addition to the first Vatican Library Collection caskets.
EI products will be available through approved funeral homes across the country. Consumers are able to view current and new products on Eternal Image's web site, www.EternalImage.net.
For more information about EI, visit the website or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential" or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
---------------------------------------------- Integrity IR Services Investor Relations: Peter McGoldrick 516-825-6516 integrity*optonline.net or a.s.a.p.r. Media Relations: Robbie Tarpley Raffish 410-883-2000 robbie*asapr.com
Posted by eddy on :
jmo-mm's shorted at .0017 and .0018 and now they are trying to cover-there we big buys early this morning-Historical Time & Sales Stock Symbol Trade Date Price Range Trade Size Trades per Page Today 1 day ago 2 days ago 3 days ago 4 days ago Min Max Min Max (Max 400)
Authorized Shares: 1,750,000,000 as of 10/25/2006 (date and number from Delaware SOS site.) Outstanding Shares: 1,286,316,280 as of 11/01/2006 (source pinksheets) Restricted Shares: 220 Million (note: some will become unrestricted mid 2007 and remainder Q3 2007) The restricted shares are held by management.(source Clint Mytych CEO) Shares in Float: 604,771,028 as of 10/27/2006 (source pinksheets) Based on restricted shares quoted by the company the float should be 1,066,316,280.
Transfer Agent: Integrity Stock Transfer, Las Vegas, NV 89120 Ph: 877-317-7757 (GAGGED)
INVESTOR BULLETIN...from Eternal Image Web site, Clint Mytych, CEO
Eternal Image officers and senior managers would like to assure our stockholders that we are working diligently to design and sell quality products.
Our Company was founded on principles of integrity, honesty, and hard work. At no time has any officer or manager of Eternal Image sold one single share of Eternal Image stock.
We believe that an organized program to short the stock is responsible for the devaluation of Eternal Image stock that has been occurring recently.
Eternal Image does not engage in “pump and dump” tactics nor will it ever engage in similar tactics.We look forward with great anticipation to the imminent release of our Vatican Library Collection product line, and are optimistic about the response we will receive from Funeral Directors and Funeral Product Distributors at the annual NFDA Convention in Philadelphia October 16-18.
Please be assured that we will continue to keep the best interests of the company, its shareholders and customers at the forefront of all we do.
Posted by eddy on :
Eternal Image is on Track to Sell 1,000 American Kennel Club Urns in First 100 Days of Availability Distribution Launch Slated for March 15 Feb 8, 2007 2:26:00 PM Copyright Business Wire 2007 FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of licensed image caskets and urns, today announced that it plans to ship 1,000 American Kennel Club(TM) (AKC) pet urns in the first 100 days of availability. Distribution begins March 15.
"We are working with dozens of retail and wholesale distributors to coordinate order quantities for initial shipments," said Clint Mytych, CEO of Eternal Image. "Pre-orders through our company, as well as through AKC.com and Cherrybrook.com, have been very encouraging, and we expect that the line will continue to be very well received when retailers have it in-hand."
The AKC urn is crafted from burnished copper and bronze die-cast aluminum. The base has a highly-polished clear coat finish that offers the appearance of wood. The AKC logo is embossed on the face of the metal casing and a photo window has been designed into the top of the urn so that the owner can insert a favorite photo of the pet. On the base are fittings for a customized metallic nameplate provided with the urn.
In addition, the company has entered into a 12 month advertising agreement with Dog Fancy Magazine in order to further promote the line.
Urns can be ordered through the American Kennel Club (www.akc.org) and Cherrybrook (www.Cherrybrook.com) websites. For more information about the AKC urns and/or other Eternal Image products, please visit www.EternalImage.net or call 1-888-6-CASKET.
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball(R), Precious Moments(TM) and the Vatican Library Collection(TM), as well as pet urns featuring the American Kennel Club(TM). For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may", "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential" or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
---------------------------------------------- Investor Relations: Cambridge Investor Relations Tony Fazio 781-214-9038 or Media Relations: a.s.a.p.r. Robbie Tarpley Raffish 410/883-2000
Posted by Jo4321 on :
LOL about the phone number. Good to see a little green here.
Posted by Abe Smith on :
Eternal Image Begins Posting Financial Information Tuesday February 13, 9:00 am ET Unaudited Financial Statement Now Available
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETIM.PK - News), a public company engaged in the design, manufacturing and marketing of licensed image caskets and urns, today announced it began posting important financial information on the company's web site (www.eternalimage.net) and on www.pinksheets.com last evening (Monday, February 12.) The first document to be made available was the firm's Unaudited Financial Statement. ADVERTISEMENT
"We feel that posting key financial information is the next logical step in positioning Eternal Image for its transition from the Pink Sheets to the Over the Counter Bulletin Board (OTC:BB - News)," said James Parliament, CFO of Eternal Image. "While it is not required, our goal is to continue to be as transparent as possible to our shareholders. We will post financial reports such as this Unaudited Financial Statement as we work toward acceptance on the OTC:BB."
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and leading manufacturer and marketer of licensed image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball®, Precious Moments(TM) and the Vatican Library Collection(TM), as well as pet urns featuring the American Kennel Club(TM). For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
Posted by Abe Smith on :
2:32 PM 02/09/07 Accrual Basis Eternal Image, Inc. Summary Balance Sheet As of January 31, 2007 Jan 31, 07 ASSETS Current Assets Checking/Savings 65,365.39 Accounts Receivable 27,370.20 Other Current Assets 229,476.66 Total Current Assets 322,212.25 Fixed Assets 309,857.94 Other Assets 207,645.00 TOTAL ASSETS 839,715.19 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 365,412.10 Other Current Liabilities -142.40 Total Current Liabilities 365,269.70 Long Term Liabilities 117,882.19 Total Liabilities 483,151.89 Equity 356,563.30 TOTAL LIABILITIES & EQUITY 839,715.19
Posted by dollar13 on :
Eternal Image Completes Sale of Stock under Rule 504 of Regulation D Friday February 16, 12:08 pm ET
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETIM.PK - News), a public company engaged in the design, manufacturing and marketing of customized designer caskets and urns, today announced that it has exhausted its available pool of stock shares saleable under Rule 504 of Regulation D of the US Securities and Exchange Commission.
"In order to properly fund much of our early growth we sold shares under this rule of exemption," said Clint Mytych, CEO of Eternal Image. "Now that our products have begun to reach the market, and because we are well into our plans to complete our audit for the company's move to the OTC Bulletin Board, we have exhausted the number of saleable shares and have now concluded this process."
Eternal Image is seeking to make the move from Pink Sheets to the OTC:BB in the coming months. In the meantime, the company has begin selling its first Vatican Library Collection(TM) urns (the Li'Italiano Classico model) and pre-selling its American Kennel Club(TM) pet urns. Sales of both are strong. Additional products including the first eight Major League Baseball(TM) team urns will be available next month.
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball(TM), Precious Moments(TM) and the Vatican Library Collection(TM), as well as pet urns featuring the American Kennel Club(TM). For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," forecasts," potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact: Investor Relations: Cambridge Investor Relations Tony Fazio, 781-214-9038 or Media Relations: a.s.a.p.r. Robbie Tarpley Raffish, 410-883-2000
-------------------------------------------------------------------------------- Source: Eternal Image, Inc.
Posted by onemorehit on :
Wow, so busy watching PYPR, that I didn';t even notice this!! UP 115%!! What a good GREEN day this is turning out to be!!!!!!!!!!!!!!!!
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