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EI Featured on ESPN
When viewers tuned into ESPN on March 16 they learned what being
a die-hard fan was all about. EI was featured in a nine minute
piece on “Outside the Lines,” an Emmy-winning investigative series
that examines sports issues off the playing field. (The piece has
since gone on to re-air in several edited versions on Sports Center
and ESPNews.) |
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The story began in Europe and
traveled to the US, documenting companies that are giving sports
fans a way to honor for eternity the passion they have for their
teams. The segment profiles EI’s role in the changing world of
funeral personalization and planning. It was partially filmed at
EI’s headquarters in Farmington Hills last month and at our exhibit
booth at the National Funeral Directors Association Expo last fall.
Our CEO, Clint Mytych, was interviewed and viewers heard
testimony from two EI customers who purchased Major League
Baseball urns, one urn for himself, the other for his father. |
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Our CEO, Clint Mytych,
was interviewed and viewers heard testimony from two EI customers
who purchased Major League Baseball urns, one fan for himself, the
other for his father. ESPN also sat down with Dennis McGee from
Henry Funeral Home in New Jersey, a carrier of Eternal Image
products. During the interview, McGee explained why the licensed
urns practically sell themselves. To see the piece, visit
ESPN.com and type "Eternal Image" into the search box. |
From the Investor’s Standpoint
From Jim Parliament |
We hit the ground running in
2008 as we continued our energetic efforts to expand our business into
the global marketplace that is becoming increasingly more aware of our
product line through worldwide media coverage -- most recently our
profile featured on ESPN in March.
Each month has seen steady growth and progress as we expand into the
second phase of our development:
The year started with the announcement of the filing of our 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 retired four billion of its authorized shares. In compliance
with SEC rules, the company also debuted a new stock symbol, ETNL.
We announced our first joint manufacturing effort with our European
partner, Remeire Ltd. of Ireland, which will produce two new branded
urns to be crafted from wood designed exclusively for Eternal Image and
be made available worldwide.
In February, we announced that we had booked more than $203,000 in
open sales orders as our new national sales manager, David DeAvila went
on the road to bring our products into ever-increasing industry
awareness and acceptance. |
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The month of March continued the ongoing expansion
with announcements of a significant Stock Restructuring by reducing the
number of Authorized Shares by more than one billion shares.
In addition, our agreement with Covington International Funeral
Supply, one of the largest distributors of caskets and urns in the
Midwest distributing to 250 funeral homes throughout Michigan, Illinois,
Indiana, Ohio, Kentucky and Tennessee was finalized.
As was the agreement to make available our licensed urns for dogs to members
of the United States military and their families worldwide through the
Army and Air Force Exchange Services (AAFES). |
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In the end, if earnings and balance sheets were the sole measure of a
company’s value, there would be no auction market. It could all be done
by computer. However, we are in the “people business” and our products
are designed to celebrate lives and bring joyful memories which cannot
be calibrated by bits and bytes. Our efforts will be redoubled in the
coming months as we continue to grow and mature as a Company and strive
to maintain transparency, candor and ongoing progress as key factors in
renewing and building investor confidence as we go forward. |
Companies Pitching Eternal Image for National
Distribution |
Being the first
to design, manufacture and market licensed branded funeral products has
not gone unnoticed by the rest of the funeral industry. That’s why EI
has revealed it is being courted by several leading funeral industry
companies seeking national distribution rights.
We are giving these propositions very serious consideration,” Clint
reports. “We just haven’t made a final decision on whether or not we
will entertain any partnerships on the national level.”
Adds VP of Sales, Nick Popravsky, “We are pleased that these highly
recognized companies are giving us such careful consideration. These
types of talks can only mean that we are moving in the right direction.”
What is driving the interest? Customers are asking for the EI
products by name, partially due to our successful media relations
program. The company and products have recently been featured on ESPN,
National Public Radio, Fox Business News, KYW-AM in Philadelphia and
The Detroit News. EI product was also included in a series about
trends in the funeral industry on The CBS Early Show.
In Europe, this month’s issue of Total Licensing also
features a spread on EI focusing on why Clint and his team chose to
break into the funeral industry with the licensing concept. It also
mentions Eternal Image Europe and how the company is making its products
available to people all over the world. To see the coverage visit the
Eternal Image website. |
EI is Gearing up and Growing for NFDA 2008 |
If you saw our booth in 2007,
you know it is never too early to start planning for the next National
Funeral Directors’ Association Expo – this one in Orlando during October
2008. EI signed a contract this month with NFDA for a 1,600 square foot
booth, nearly tripling our space over last year. (We had a 600 square
foot space at the 2007 Expo, where it was honored with the “Best of
Show” Exhibitors Award for the “Club EI” display.) |
“We don’t want to give it away, but let’s
just say our booth this year will surpass expectations,” according to
Nick Popravsky. “We thought it would only be appropriate to design the
theme of the display in relationship to where we will be, sunny
Florida.”
Stay tuned for more information in upcoming newsletters about new
products and services that will be on display in our exhibit! |
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Discover the Healing Power of a Loved one’s
Passion
A Message from David DeAvila,
National Director of Sales
It has been an incredible first 90 days with EI. Seeing the many
requests from consumers and funeral homes for our products has shown
me the unique responsibility that Eternal Image has in bringing
healing to hundreds and even thousands of families across America.
Sales for Eternal Image and the funeral homes that carry our products
is not just about moving product. It is also about assisting families
with the healing process. Funeral directors are experts at helping
families through the grieving process; yet when families leave funeral
homes they are still in pain over their loss. Eternal Image caskets and
urns aid in the healing process for these families by celebrating their
loved one's passion for a favorite team, movie, collectible or faith.
In addition to pre-need and at-need circumstances for Eternal Image
products, we are seeing a surge for post-need application of our
products. Many families, after finding out about EI, are requesting
branded urns to transfer their loved ones' cremated remains into in
order to celebrate their passions in life.
We are looking forward to increased demand for the remainder of 2008
as more and more families become aware of our product offerings; more so
as we continue to add licenses to our product vocabulary. Together we
can help families heal the pain of a lost loved one.
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