Posted by: pcloadletter Date:10/25/2006 10:17:03 PM Post #of 5699
A long read: Here is my honest opinion.....
ETIM has recieved in the $100s of millions of free advertising. This is huge! This product was instantly introduced to anyone who watches news, sports, business shows, reads the papers or magazines. Basically, anyone who has money to spend has now been introduced to this product. Everyone at some point in their life will need to buy a casket or urn for someone they know. Everyone knows a sportsfan or animal lover. I imagine that the orders being received at this point or staggering. My Dad saw this on FOX news and said he wants an urn that looks like the Masters Cup. Imagine an urn that looks like the Stanely Cup, the Heisman Trophy, pick your sport, team or hobby and insert it. The sales are going to be huge. Wait until NFL and Nascar come out! Not to mention college teams.
Now that you have a concept of the sales possibilities, why would they dilute to make money? You have got to be kidding me, these people are taking orders like crazy, you think they need to dilute this? No way. How many big investors do you think they have been approached by directly? My guess is quite a few. There are big fish buying this stock. I would bet the farm on it (and I have)!
Ok, so now we have huges sales, big fish in the pond, and no dilution (get this out of your mind), so where is the daily volume come from. Here are my thoughts: 1)MMs trading among themselves to scare us into selling. That is how they manage to hold this down. 2)Shorting....yes I know that some of you don't believe it happens, but it does. AWYB claims huge shorts, maybe, maybe not. I do know that we are on the REGSHO and the OTCBB list. Hello! Only stocks that are short make the list. Most people also agree that the short reported is typically smaller than the actual short. MMs trade back and forth to hide shares. 3)Flippers are adding to the volume by buying and selling daily, this is actually good regardless of what you think. This allows the shares being held to rotate up holders in at a higher PPS! That means the new owners will hold longer. Many of the .002 have been sold to people at .005 and higher. That is why the MMs haven't been able to puch us doen to .004 again.
Summary: 1-Huge sales (huge revenue) 2-A short exists (on all the short lists) 3-PRs are not fluff, and huge interest from media in general 4-CEO says higher board coming soon 5-more deals (NFL,Nascar,etc) in the works 6-we are going to be rich!!!!!!!!!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Eternal Image Enters Into an Agreement for Auditing Services With Bouwhuis, Morrill & Company Thursday October 26, 9:00 am ET
Funerary Products Developer Plans Move to OTC Bulletin Board
FARMINGTON HILLS, MI--(MARKET WIRE)--Oct 26, 2006 -- Eternal Image, Inc. (Other OTC:ETIM.PK - News), a public company engaged in the design, manufacturing and marketing of customized designer caskets and urns, today announced it has retained the services of accounting firm Bouwhuis, Morrill & Company, LLC of Layton, Utah. The accounting firm will perform an audit of Eternal Image, Inc.'s financial statements as it prepares to apply to the NASDAQ-operated Over the Counter (OTC) Bulletin Board.
"Completing an audit is the next step in our progression to the OTC Bulletin Board," said Clint Mytych, president of Eternal Image. "The audit, which should be completed in 6-8 weeks, will allow us to apply for a listing, making our stock more accessible to the public."
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.
Investor Relations: Peter McGoldrick Integrity IR Services 515/825-6516 integrityir*optonline.net
Media Relations: Robbie Tarpley Raffish, a.s.a.p.r. 410/430-9705 Robbie*asapr.com
Posted by: ts99ad In reply to: Mike2112 who wrote msg# 5749 Date:10/26/2006 9:14:31 AM Post #of 5771
Being in the Audit feild, I twill take 2 weeks for the audit prep. 1-2 weeks for the audit, 2-4 weeks to meet with management and finalize the Financials, and another 1-2 weeks to distribute the reports.
That is where you get the 6-8 weeks from. Auditors are very critical when they have to provide an opinion on a "new" reporting company. There are alot history that must me cleaned up.
Posts: 779 | Registered: Jan 2006
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stock was at .24 in February before they had **** to rant about.....now they land a deal with MLB and the stock is still sub penny....dilution is the only answer
Posts: 558 | From: Ocala, Florida | Registered: Jun 2006
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Great base here. CLYP is off the ask. Should move up EOD.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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