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Eternal Image Signs Exclusive Agreement with Wilbert Funeral Services, Inc.
Apr 18, 2007 10:45:27 (ET)
FARMINGTON HILLS, Mich., Apr 18, 2007 (BUSINESS WIRE) -- Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of licensed brand caskets and urns, today announced that it has signed an exclusive agreement with Wilbert Funeral Services, Inc. of Broadview, Illinois, the largest vault manufacturer and marketer in the world. Under the agreement, which begins June 1, Eternal Image will manufacture baseball appliques and plaques to be used by Wilbert Funeral Services as a component in their vault products.
Wilbert provides premium burial vaults and urn vaults with ever-increasing choices for memorial customization. Wilbert products represent one of the most recognized brands among North American funeral directors and families.
"Wilbert always strives to serve families with the richest range of choices for tributes with greater personal meaning," said Wilbert Funeral Services, Inc. President Jim Curran. "Love of sport is a defining trait of the American spirit, and our partnership with Eternal Image helps us add even more truth and color to the passion that was felt during a life well lived."
Earlier today EI had announced that it has received permission from Major League Baseball(TM) to expand its licensing agreement. The company, which already produces funeral urns and caskets featuring Major League Baseball(TM) team logos and colors, is now extending its agreement into vault and monument lines.
"Vaults represent an area of huge potential growth for us, and our best case scenario - that we partner with the leader in this industry - has come to fruition with this agreement," said Clint Mytych, CEO of Eternal Image. "More than 500,000 burial vaults were sold last year and not one featured a licensed image. This is a wide open opportunity for us."
Currently Eternal Image is launching its Major League Baseball(TM) urn line with the first eight urns in the series. These will be followed by products featuring with 12 more teams at the end of 2007 and the balance of 10 teams in 2008. The casket line will roll out beginning with the same eight teams in the fall of 2007 with groups of 12 and 10 caskets following about every six months.
About Wilbert Funeral Services Inc.
Wilbert Funeral Services, Inc. is the leading single-source supplier of burial vaults and cremation-related products and services to North American funeral homes. For more information, please call 888.WILBERT or visit www.wilbertonline.com .
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 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.
SOURCE: Eternal Image, Inc.
Eternal Image, Inc. Investor Relations Contact: Cambridge Investor Relations Tony Fazio, 781-214-9038 or Media Relations: a.s.a.p.r. Robbie Tarpley Raffish, 410-883-2000
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
Eternal Image Quarterly Conference Call Draws More Than 200 Participants [GXBRNGC]
FARMINGTON HILLS, Mich.--(Business Wire)--Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image caskets and urns, today hosted a live, Internet-based question-and-answer session. The call, attended by more than 215 people, was led by Jim Parliament, the company's chief financial officer.
Topics discussed included results of first quarter sales, product manufacturing updates, the status of the company's previously announced stock buy-back plans and more.
During the call Parliament announced that projected sales for FY2007 are $3.1 million. He anticipated sales to grow to $17-$20 million annually within three-to-four years.
On behalf of the company Parliament noted that:
-- The financial audit is 75% complete and should be finalized by May 30 of this year.
-- Once the audit is complete the company will likely begin its stock buy-back.
-- Distribution agreements now include 14 companies covering 27 states. Two additional agreements are being considered at this time and the company continues to seek distribution partners in open states, particularly California.
-- Per the news release earlier this morning, EI will produce appliques and plaques for use on vaults in an exclusive agreement with the world's largest vault manufacturer, Wilbert Funeral Services, Inc.
-- EI is proactively seeking a strategic alliance in Europe.
-- The company will be attending the National Funeral Directors Association Expo in October in Las Vegas and plans to have a trade show booth on the main Expo floor.
Parliament also showcased the casket designs for two of the first eight Major League Baseball(TM)-branded caskets: the Detroit Tigers and the New York Yankees. All eight of the approved casket designs will be available for viewing on the website later today. In addition, the company anticipates that the next group of urns will debut on/about July 1 of this year.
For more information about EI, visit the website (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.
Eternal Image, Inc. Investor Relations Contact: Cambridge Investor Relations Tony Fazio, 781-214-9038 cambridgeir*comcast.net or Media Relations: a.s.a.p.r. Robbie Tarpley Raffish, 410-883-2000 robbie*asapr.com
posted
Wasn't bad at all. I was able to buy more shares. The price drop is just the market makers playing as they normally do.
Posts: 2498 | Registered: Mar 2006
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posted
thanxs. I think the real movement will take place once the audit is done and the buyback begins. jmo
Posts: 806 | From: CT | Registered: Dec 2005
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I always get in right before the drop. I hate that. I guess .0060 isnt that bad.
Posts: 235 | From: Boston | Registered: Oct 2006
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I was in on the conference call and had it on speaker. It was excellent. Its all good. Jim did a perfect job imho. All of my questions were answered.
d42
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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posted
CC was absolutley awsome! Those selling now were probably expecting the AF's to be done. Those people are fools. Don't get scared out of your shares, this is solid! It'll just take a little time to weed out the weak who were expeting the AF's or a big licensing deal from the CC.
Posts: 410 | Registered: Jan 2006
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I don't know about everybody else but I was definitely expecting some financial report or an indication percentage-wise as to how the first quarter went. I know this stock is not a pump and dump cross-section but I didn't expect that this stock would be down today, that is for sure!!
-------------------- Don't fall in love with a stock! Posts: 389 | From: Atlanta | Registered: Oct 2006
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posted
i also thought it would close better then what it did. expect a better day tommorrow or at the end of the week.
Posts: 235 | From: Boston | Registered: Oct 2006
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quote:Originally posted by Bawz2wawz: CC was absolutley awsome! Those selling now were probably expecting the AF's to be done. Those people are fools. Don't get scared out of your shares, this is solid! It'll just take a little time to weed out the weak who were expeting the AF's or a big licensing deal from the CC.
It's all good news and was probably expected and built into the stock price. The AF are due before May 30th and we will probably have numerous PR before then with more good news. I'm holding and if I can get more cash I'd buy more here.
Posts: 2498 | Registered: Mar 2006
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quote:Originally posted by Bawz2wawz: CC was absolutley awsome! Those selling now were probably expecting the AF's to be done. Those people are fools. Don't get scared out of your shares, this is solid! It'll just take a little time to weed out the weak who were expeting the AF's or a big licensing deal from the CC.
It's all good news and was probably expected and built into the stock price. The AF are due before May 30th and we will probably have numerous PR before then with more good news. I'm holding and if I can get more cash I'd buy more here.
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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cup and handle forming. Hang tough. MM's are playing a technical game and keeping the chart nice and neat. IMO
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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No dumping so far except a few day traders. If 2 or 3 hundred million were dumped then I would start to worry a little. Smart money holding and loading on the dips. GLTA
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
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The big dump is coming get out while you can. .0045 coming today. They are stacking up on the bid now slow trickle down
Posts: 310 | From: Idaho | Registered: Jun 2004
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Looks like a bunch of flippers have moved in. Turn of the TV and take a nap. Check back next Month.
Posts: 2498 | Registered: Mar 2006
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according to the CFO we could see new distributors added & pointed West>>>>> as well as other news related to production and delivery topics>>>>>>>
I 'can' foresee positive news before the filing.
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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posted
As long as it doesnt go down to much more. It would be nice if HISC sky rocketed, like this one.
Posts: 235 | From: Boston | Registered: Oct 2006
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I'm not upset that the PPS went down, I'm upset that I have no free cash to buy more! ARGHH. I'd be backin up the truck here!
Posts: 2498 | Registered: Mar 2006
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posted
Now I get it.... You are wanting it to drop lower so you can get in cheap..... If it dropes lower I will get more shares cheaper also.... Made $300 so far on this one on flips..... Still looks like one of the only pinks that has "stuff" ....never know ... time will tell... <:}
Posts: 1101 | From: Georgia | Registered: Apr 2006
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quote:Originally posted by Hitman: Now I get it.... You are wanting it to drop lower so you can get in cheap..... If it dropes lower I will get more shares cheaper also.... Made $300 so far on this one on flips..... Still looks like one of the only pinks that has "stuff" ....never know ... time will tell... <:}
Stuff! Yes, they have a lot of stuff and are selling boatloads of it.
Posts: 2498 | Registered: Mar 2006
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posted
What an 'ugly' dip this one's taken,.... But, no worries, it will 're-coup', I feel it's a decent stock, with good potential, definitely not a P&D.
Too many reputable companies involved with this one, not to mention the biggie 'Vatican".
Hellllooooo!
-------------------- ~You aren't wealthy until you have something money can't buy.~ Posts: 3070 | From: CT | Registered: Apr 2006
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