posted
1 week to 10 days, once they have it in hand... do they have it? who knows.
Eternal Image Audit Update Friday May 25, 3:11 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 licensed image brand name caskets and urns, today announced that the company expects the results of its first formal audit soon. ADVERTISEMENT
According to Jim Parliament, CFO of Eternal Image, the company has received word from its accounting firm Harelik, Shapiro, Wolgin & Fine PC of Farmington Hills, Michigan that it is nearing completion of its tasks and should be ready to hand off the final financial package to the auditing firm Demetrius & Company, L.L.C., for their completion of audit procedures and issuance of their report. Jim Parliament says that "we are working very closely with our CPA firm on a daily basis to ready the financial package for the auditors." Jim also adds that "we have worked diligently to have the entire project completed by the end of May; however, there were a number of tasks that needed to be completed that were out of our direct control."
Once he has the financial package in hand, John Demetrius, president of Demetrius & Company L.L.C., expects "our completion should not take longer than one week to 10 days."
Eternal Image plans to announce the results of the audit by news release and post documentation on its website, www.eternalimage.net, within 24 hours of receipt.
About Eternal Image
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(TM), Precious Moments® and the Vatican Library Collection(TM), as well as pet urns featuring the American Kennel Club(TM) and the Cat Fanciers' Association(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.
Contact: 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
-------------------------------------------------------------------------------- Source: Eternal Image, Inc.
quote:Originally posted by Gary59: OK Monday June 4th is ten days past the 25th was 10 days ago.. Lets see what Monday brings ..
posted
Patience please...It may come today or it may come next week.
We are long termers here so a quick POP should not cause everyone to sell and take quick profits, in fact it should solidify the company's standing in the industry and help propel us to the OTCBB.
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well you will definally die waiting for them to win another World series. A better bet would be on this stock, How long have you waited three weeks on ETIM?
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quote:Originally posted by thefenway: well you will definally die waiting for them to win another World series. A better bet would be on this stock, How long have you waited three weeks on ETIM?
Hey, it finally happenned with the WHITE sox, so anything is possible.
posted
etim should start making hockey caskets and urns to there are millions of die hard hockey fans.. i would want the red wings one for sure...
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they are already in NASCAR right? there's got to be a ton of of southerner's ready to trade in their trailer for a casket when they go...
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quote:Originally posted by thefenway: true but whos gonna wait on a last place team?
please, you know the Yankees are not out of it... it happens every year - they need to do this just to add some drama to make the regular season interesting... see you in October!!
-------------------- I want to see nothing but GREEN!
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Well like mizzou said after reading the last pr about the Financials it wil only take 7 to 10 days AFTER they give the accountants the give the paperwork. So they should be giving or have already given them the paperwork to finish the filing..
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quote:Originally posted by thefenway: didnt they say 7-10 days?
Want it done fast or do you want it done right?
Clint isn't going to throw it out here just to keep us happy! It has to be right, to be credible, to gain momentum, to uplist, and to go from .0045 to .01 (which if anyone can't figure out is 100% gain).
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Looks like people are getting tired of waiting for financials to hit ...And to tell you the truth I am getting tired of watching it go down littl by little every day. I emailed them to see if there was any news or idea about where they will be handing off the paperwork to the auditors and I got their last pr back as a reply.. So they are not saying anything..I dont know if I will hold this much longer if it hits .004 I might just have to get out of this one until financials are out ...
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