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Non-Tech : ETIM - Eternal Image, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: creede who wrote (29)12/16/2006 11:12:03 PM
From: SOROS  Respond to of 38
 
Agreed. I think they are so irritated at the way the traders arena treats them and manipulates the stock, that they are doing what is necessary to get to the OTC. They, I believe, think that will both answer all the important questions for legitimate shareholders and finally end most of the pink sheet circus it has become. That does not excuse the fact that they set up this scenario, however, I think they were faced with no alternatives at the time. All that said, the management is choosing to basically ignore the needs you mention for real investors because they do not want to offer the traders ANYTHING to help them in the least. Right now, they are operating on the "ends justifies the means" totally. As you said, that will keep some legitimate and thorough investors like yourself out in the interim, but I honestly think they know they had to "deal with the devil" to keep things moving in the proper direction, they believe they are doing everything necessary to correct the problems created, and they have been bombarded so much by rude and abusive penny stock traders that they refuse to give them anything they want. It may give off a "pungent" odor currently, but if this company "has the goods" like I suspect in the one remaining gigantic, never-ending business with ZERO branding up to this point in a long history, and they are going to be instrumental in bringing about sweeping changes to the industry that will not only be good for the consumer, great for the funeral industry, and terrific for ETIM, then the pain shareholders have suffered recently will long be forgotten. The Vatican has been around for a few years, eh, and have never consented to branding anything. The AKC has been around a fair piece. MLB is a pretty legitimate partner, and I'll bet many more are to come shortly.

If one is a pure trader and zero investor, as most who would buy a stock this low are, then the classic "red flags" will motivate them to do just what they have to this company. I'm banking on their complete tunnel vision and short-sighted view to investing to make them blind to the actual reasons behind what has been happening and how the company is positioning themselves and their current actions or lack of actions the traders bellyache over. We should soon see just how much Clint, Nick, and company have in the intelligence department, the company and shareholder loyalty department, and the business department. I'm banking that my observations will not be misplaced, but then, I'm an investor who thinks things completely differently than a penny trader. To quote from one of my favorite films -- "The Battle of Wits has begun. Its ends when you decide and we both drink and find out who is right, and who is dead." I am in the camp that Clint and Nick and I and a few others will be right, and the traders will be dead -- or at least moved on to what is their more typical fair.



To: creede who wrote (29)12/28/2006 12:38:16 AM
From: SOROS  Read Replies (2) | Respond to of 38
 
Just a couple of my thoughts on IHUB tonight since no one else is awake:

I own AURC also, but would be tickled pink to see ETIM trade at a dime with it right before AURC goes on to a $1.00 I know, it seems fanciful at this point, but someone do the math on selling only 25,000 pet urns, 25,000 urns, and 10,000 caskets. Let's see -- that's about 26.875 million in earnings, allowing $75 profit on pet urns, $200 on urns, and $2,000 on caskets. Figure on 1.5 billion OS. That's .017916 per share in earnings. What's a fair PE at that point -- 30, 20, 10? At 10, that's a share price of almost .18 cents.

This is right off the top of my head (and I'm way medicated right now), so feel free to pick it apart, but if even close, there is no reason for ETIM to dilute more than has been done or even consider an RS if they can sell this much product in the next 12-18 months. Can they sell even more? Did someone say MLB, Vatican, AKC? Will someone say Nascar, NBA, or NFL? Potential????? Who knows! I don't, but I think it is vast. Sure, things need to go their way, but they have at least shown the ability to get things done with reputable names.

I don't know about anyone else, but if 25,000 urns and 10,000 caskets can do this, then this share price now is crazy, IMO. If I had the money, I'd double up. As is, I just keep picking up what I can.

Everyone must be asleep, SOROS. I guess no one can make it on 5 hours a night like you, old man!

If your numbers are close, let me play the devil's advocate and say they only sell 10% of your small, suggested sales. That's 90% less sales than you even implied. At a 30 PE, that's over 5 cents a share still.

You know it's bad to talk to yourself, but in the early morning hours, I find no one is up, so what the heck?