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Wow ... Not the time to be selling|flipin now ... I can tell that the news will be huge.... If you flip for a couple bucks you will miss out on the end of the day run!!
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Also.... You should not post "False Coments" That can be reported Could be dangerous to a false poster who has no idea what he is stating
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quote:Originally posted by KublaKhan: Surprise! The exciting news is that they are diluting.
I don't see the purpose to dilute especially if your AF are good and you are trying to uplist to bring in new investors. JMO, but it doesn't make any sense to dilute at this point.
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Eternal Image Expands to Europe: Forms New Company with Remeire, Ltd. to Manufacture and Distribute Products in Europe
Clint Mytych to Serve on the Board of Eternal Image Europe
FARMINGTON HILLS, Mich., Jun 29, 2007 (BUSINESS WIRE) -- Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of brand image caskets and urns, today announced plans for the formation of a new company in Europe with partner Remeire Ltd., a specialist European casket, urn and funeral goods company. The new company will be called Eternal Image Europe and will be jointly owned by Eternal Image USA and Remeire Ltd. of Ireland. Both companies will develop the new business model. Remeire will provide all funding and European sales efforts while Eternal Image, Inc. (USA) will provide operational, manufacturing and licensing direction.
Remeire is an international customer focused casket and funeral supply company operating in Europe and North America. The agreement between Eternal Image and Remeire allows for a formal strategic alliance based on a letter of intent executed earlier in the year. The new company will design, manufacture and market current and future Eternal Image products in Europe.
Plans call for the CEO of the new company to be John Finlay, whose family has been involved in the funeral sector for five generations. Clint Mytych, president of Eternal Image, will sit on the board of directors of Eternal Image Europe.
"We have been actively seeking an alliance with a European partner that would protect our licensed images as if they were their own," said Mytych. "John Finlay (owner of Remeire, Ltd.) is offering us that kind of partnership. We are looking forward to delivering on the promise of global reach." John Finlay is a specialist in international business development in the funeral sector and is a graduate of IMD, Babson College and Trinity College, Dublin with an MSc in International Business Management.
Under the agreement Eternal Image would facilitate Remeire with regard to the licensing rights to one or more of its lines of caskets and urns. Certain European licensing projects would also be facilitated for the new company. Remeire would manage sales, and distribution of the line(s) throughout Europe. Eternal Image, Inc. (USA) will also have the opportunity to distribute select licensed products from Eternal Image Europe in the United States.
"As a company specializing in funeral and memorial products and with a wide established partnership network in Europe, we have been looking for an opportunity like this for some time. We believe that a strategic alliance with Eternal Image presents both companies with enormous opportunities to broaden our respective product lines and market spread. When I visited the EI management team in Michigan it became clear very quickly that our companies could work together. In essence we share a common vision for the future of funeral product design," said Finlay.
The two companies also plan to explore collaboration regarding the acquisition, design, manufacture and marketing of European brands.
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BUSINESSWIRE Eternal Image Expands to Europe: Forms New Company with Remeire, Ltd. to Manufacture and Distribute Products in Europe
Eternal Image Expands to Europe: Forms New Company with Remeire, Ltd. to Manufacture and Distribute Products in Europe
Clint Mytych to Serve on the Board of Eternal Image Europe
FARMINGTON HILLS, Mich., Jun 29, 2007 (BUSINESS WIRE) -- Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of brand image caskets and urns, today announced plans for the formation of a new company in Europe with partner Remeire Ltd., a specialist European casket, urn and funeral goods company.
The new company will be called Eternal Image Europe and will be jointly owned by Eternal Image USA and Remeire Ltd. of Ireland. Both companies will develop the new business model. Remeire will provide all funding and European sales efforts while Eternal Image, Inc. (USA) will provide operational, manufacturing and licensing direction.
Remeire is an international customer focused casket and funeral supply company operating in Europe and North America. The agreement between Eternal Image and Remeire allows for a formal strategic alliance based on a letter of intent executed earlier in the year. The new company will design, manufacture and market current and future Eternal Image products in Europe.
Plans call for the CEO of the new company to be John Finlay, whose family has been involved in the funeral sector for five generations. Clint Mytych, president of Eternal Image, will sit on the board of directors of Eternal Image Europe.
"We have been actively seeking an alliance with a European partner that would protect our licensed images as if they were their own," said Mytych. "John Finlay (owner of Remeire, Ltd.) is offering us that kind of partnership. We are looking forward to delivering on the promise of global reach." John Finlay is a specialist in international business development in the funeral sector and is a graduate of IMD, Babson College and Trinity College, Dublin with an MSc in International Business Management.
Under the agreement Eternal Image would facilitate Remeire with regard to the licensing rights to one or more of its lines of caskets and urns. Certain European licensing projects would also be facilitated for the new company. Remeire would manage sales, and distribution of the line(s) throughout Europe. Eternal Image, Inc. (USA) will also have the opportunity to distribute select licensed products from Eternal Imag
-------------------- Don't fall in love with a stock!
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Nothing to do with anti-climitic the point is you falsly tried to bring the price down and didnt say ... "Just Kidding" that is the problem The news can stand for itself! You posted knowingly False news
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quote:Originally posted by Jo4321: While I'm not giving up on ETIM, that whole "Pre-PR" thing reeks of Pump & Dump. I'm disappointed in the tactic of management.
Jo
ditto Jo. good 'ole pinks
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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quote:Originally posted by Jo4321: While I'm not giving up on ETIM, that whole "Pre-PR" thing reeks of Pump & Dump. I'm disappointed in the tactic of management.
Jo
it almost twists the buy on rumor sell on news theory around....
Buy on pre-rumor sell on rumor buy back on news...
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This is just another step for their future. I think this will help support them for when this get uplisted. Image is everything for a pinks when it comes to getting bigger investors on board and this I think will help them. JMO
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