posted January 15, 2008 05:23 PM -------------------------------------------------------------------------------- BUY IT AFTER THE R/S AND IT HAS GONE BACK DOWN, JMO, HITMAN IS RIGHT!
-------------------- EVEN IF YOUR ON THE RIGHT TRACK, YOULL GET RUN OVER IF YOU JUST SIT THERE.
-------------------------------------------------------------------------------- Posts: 8222 | From: San Diego CA | Registered: Jul 2006 | IP: Logged |
Jo4321 Member
posted January 15, 2008 05:32 PM -------------------------------------------------------------------------------- oh well, another loser, reverse splitter, to add to my collection.
-------------------- "Great Day for Up!"....Dr. Seuss
Member Rated: posted January 15, 2008 06:22 PM -------------------------------------------------------------------------------- Like Hitman and IMAKE said I would wait until they dilute it down to sub-penny and then put on watch again. I don't understand the point of such a small rs.
quote: -------------------------------------------------------------------------------- Originally posted by Lockman:
quote: -------------------------------------------------------------------------------- Originally posted by J_U_ICE: ETIM 1:20 R/S
Hey Juice, How do you play this from here. This might have a nice bounce. --------------------------------------------------------------------------------
-------------------- The difference between genius and stupidity is that genius has its limits
posted
They must be new at the R/S game or maybe they're just warming up. Anyway, to me they are scam. Any company that R/S is scam. Remember, there's only one reason to R/S and that's to dilute more.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
posted
true, but most companies that have done a r/s, have not been successful after doing so.... this action is normally not a good sign from I've seen....
hopefully etim is an exception - GLTA
-------------------- I want to see nothing but GREEN! Posts: 434 | From: NJ | Registered: Sep 2005
| IP: Logged |
posted
The R/S puts a butterfly in my stomach but it had to happen to move foward. Just happy it was not 1000/1. I'm hanging on. To much growth protential to fold now. .50 by year end. GLTA
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
| IP: Logged |
posted
Eternal Image Retires 4 Billion Shares of Stock as Part of Significant Share Restructuring
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)-- Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced it has retired four billion shares of stock thereby reducing the company’s total authorized share count to 1.8 billion shares.
“Earlier this week we announced that we had submitted our application to the SEC for authorization to trade on the OTCBB. Today’s stock retirement is the next step in helping position Eternal Image for this move,” said James Parliament, CFO, Eternal Image. “Our commitment to our stakeholders is firm: our goal is to always provide value. This considerable reduction in authorized shares will offer added value to existing shareholdings as, by nature, it has increased their percentage of ownership in the company.”
The retirement of four billion shares reduces the authorized share count to 1.8 billion shares, of which 195,000,000 is preferred voting stock.
The new share structure will be:
Total Authorized (Number from Transfer Agent) 1,800,000,000 Preferred 195,000,000 Common Available (Total Authorized MINUS Preferred) 1,605,000,000 Common Outstanding (Number from Transfer Agent) 224,428,012 Restricted Common Shares (Number from Transfer Agent) 38,943,919 Float 185,484,093 Treasury 1,380,571,988
ETNL: New trading symbol triggered by reverse stock split became effective on January 15, 2008.
On Wednesday Eternal Image announced the filing of its SB2 Registration to the SEC. That same day the company implemented a reverse stock split (1 for 20) in order to better position the stock for OTCBB trading and to retire the four billion shares announced today. In compliance with SEC rules, the company also debuted a new stock symbol, ETNL, a standard step during a reverse stock split. For more information on the reverse stock split, visit www.eternalimage.net to review a special Letter to Shareholders.
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, STAR TREK, Precious Moments, and the Vatican Library Collection, as well as pet urns featuring the American Kennel Club, and Cat Fanciers’™ Association. 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.
Contacts
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
Eternal Image Upgraded to Highest Status on Pink Sheets Disclosure Categories Jan 17, 2008 1:00:00 PM Copyright Business Wire 2008 View Additional ProfilesFARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced it has moved to the highest status under the Pink Sheets disclosure categories. Prior to this upgrade, Eternal Image was recognized with a Yield sign, suggesting the company reported limited information to investors. Under the new category of "Current Information," the company is able and willing to provide all adequate public information in a timely manner.
"This new Pink Sheet symbol represents the transparent nature of our company," said Jim Parliament, CFO, Eternal Image. "Being trustworthy and open to our stakeholders is a top priority. We want our investors to put their utmost confidence in their shareholdings."
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, STAR TREK, Precious Moments, and the Vatican Library Collection, as well as pet urns featuring the American Kennel Club, and Cat Fanciers'(TM) Association. 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.
---------------------------------------------- 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
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
Juice, retiring shares does not reduce the A/S count, does it? I am pretty sure that an A/S reduction must be done with a formal filing/ammendment to articles of incorporation. Am I misunderstanding something, or are they?
the could reduce the Outstanding share count, but not A/S, right?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by PCola77: Juice, retiring shares does not reduce the A/S count, does it? I am pretty sure that an A/S reduction must be done with a formal filing/ammendment to articles of incorporation. Am I misunderstanding something, or are they?
the could reduce the Outstanding share count, but not A/S, right?
I think you are right. Not sure what is going on here.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
I Look for this one to do a steady drop after the short POP UP 2day.... *80% of r/s go back to the original postions b4 the split. Considering the news releass ETM has had recently... They don't have a clue on how to release news that makes tickers gain... The r/s is a False way to try and get to the OTC board.
Posts: 1101 | From: Georgia | Registered: Apr 2006
| IP: Logged |
quote:Originally posted by Hitman: I Look for this one to do a steady drop after the short POP UP 2day.... *80% of r/s go back to the original postions b4 the split. Considering the news releass ETM has had recently... They don't have a clue on how to release news that makes tickers gain... The r/s is a False way to try and get to the OTC board.
100% right they really need help with PRs. If anyone is reading this from the company, HIRE SOMEONE lol they don't cost that much.
Posts: 185 | Registered: Jun 2007
| IP: Logged |
posted
Image, Inc. (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced its European partner, Reméire Ltd., will manufacture two new branded urns designed exclusively for Eternal Image. ADVERTISEMENT
In June, 2007, Eternal Image announced a new joint venture in Europe with Reméire Ltd of Ireland called Eternal Image Europe. Reméire Ltd is providing the funding, manufacturing, and European sales efforts while Eternal Image, Inc. (USA) is providing operational and licensing direction.
“This is our first opportunity to partner with Reméire on a new product, and the agreement allows us to double the urn offerings for our first – and one of our most prestigious – product lines,” said Clint Mytych, CEO, Eternal Image. “In addition, we can now offer urns using a new material (fine wood) that we believe will be very well received by our customers. The products will be sold in the US first, and then, most likely, globally.”
The new designs will be the first Eternal Image urns to be crafted from wood. The dimensions of the new urns will be compatible with the size of the standard urn vault and most niches. Prototypes are expected to be completed this March.
About Reméire, Ltd.
Reméire, Ltd. is headquartered near Dublin, Ireland. The company, which designs, manufactures and markets specialist coffins, caskets, urns and associated memorial products for the European and North American markets, has established a network of distribution partners across Europe. For more information about Reméire Ltd., visit www.remeire.com and www.heritagecoffins.com or call 1-866-596-6708.
About Eternal Image
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
| IP: Logged |
posted
Image, Inc. (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced its European partner, Reméire Ltd., will manufacture two new branded urns designed exclusively for Eternal Image. ADVERTISEMENT
In June, 2007, Eternal Image announced a new joint venture in Europe with Reméire Ltd of Ireland called Eternal Image Europe. Reméire Ltd is providing the funding, manufacturing, and European sales efforts while Eternal Image, Inc. (USA) is providing operational and licensing direction.
“This is our first opportunity to partner with Reméire on a new product, and the agreement allows us to double the urn offerings for our first – and one of our most prestigious – product lines,” said Clint Mytych, CEO, Eternal Image. “In addition, we can now offer urns using a new material (fine wood) that we believe will be very well received by our customers. The products will be sold in the US first, and then, most likely, globally.”
The new designs will be the first Eternal Image urns to be crafted from wood. The dimensions of the new urns will be compatible with the size of the standard urn vault and most niches. Prototypes are expected to be completed this March.
About Reméire, Ltd.
Reméire, Ltd. is headquartered near Dublin, Ireland. The company, which designs, manufactures and markets specialist coffins, caskets, urns and associated memorial products for the European and North American markets, has established a network of distribution partners across Europe. For more information about Reméire Ltd., visit www.remeire.com and www.heritagecoffins.com or call 1-866-596-6708.
About Eternal Image
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
| IP: Logged |
posted
Man... They have so many different products and lots more comming. Why dont they work on selling lots of the ones they already have. It may take years for them to make money since they are spending so much creating stuff!
Posts: 1101 | From: Georgia | Registered: Apr 2006
| IP: Logged |
quote:Originally posted by Hitman: Man... They have so many different products and lots more comming. Why dont they work on selling lots of the ones they already have. It may take years for them to make money since they are spending so much creating stuff!
That's a good point! I wonder how or if they differentiate product lines through their sales department???
Posts: 2498 | Registered: Mar 2006
| IP: Logged |
posted
(is there a thread with the new symbol somewhere??) I'll post this here for now. Great news!!!
Eternal Image Urn Featured on ''The Early Show'' on CBSLast update: 2/25/2008 8:59:01 AM
Segment Includes EI Urn in Story about Trends in the Funeral Industry FARMINGTON HILLS, Mich., Feb 25, 2008 (BUSINESS WIRE) --
Eternal Image, Inc. (OTC:ETNL.PK), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets, urns, monuments and vaults, today announced that one of its licensed urns was featured on the CBS morning news magazine, The Early Show, as part of a piece about trends in the funeral industry.
"We were thrilled that our product was featured in a national news piece about funeral industry trends," said Clint Mytych, CEO, Eternal Image. "It is gratifying to see the media give new ideas in the funeral industry the attention they deserve." The segment aired Monday, February 25, 2008 between 8:00am and 8:20 am. (EST).
"Our products are a true reflection of how the funeral industry has evolved over time," added Mytych. "As this segment showed, funeral homes report that more and more customers are seeking ways to personalize their own or a loved one's funeral. Our products do just that, by representing who people were in life, not in death."
The Early Show is a national morning daily news program that reaches millions of homes across the U.S. In addition to the day's top stories, the show features consumer related topics, health issues and features new products.
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), STAR TREK(TM), Precious Moments(TM), the Vatican Library Collection(TM), and Collegiate Licensing Company(TM) as well as pet urns featuring the American Kennel Club(TM) and Cat Fanciers' Association(TM).
For more information about EI, visit 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
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Roll Eyes]](rolleyes.gif)
![[Frown]](frown.gif)
The r/s is a False way to try and get to the OTC board.
![[Good Luck]](graemlins/goodluck.gif)
