Yesterday I was flabbergasted to see what purported to be a press release from Eternal Technologies Group (ETLT.OB) entitled “Eternal Technologies Does Not Have Sufficient Assets in the United States to Post Bond to Stay Enforcement of Writ of Execution and Asset Seizure.” Yet even a quick glance revealed that something was not right. First, [...]

Eternal Technologies (ETLT.OB) shares have been hammered in the past few months, but there are two reasons that the future may be much brighter: E-Sea spinout: Earlier this week, ETLT announced that it would spin out up to 70% of its E-Sea Biological Engineering Co. to shareholders, and list E-Sea as a separately traded company. [...]

With little fanfare, Eternal Technologies Group: ETLT.OB has posted another quarter of good earnings. In a 10-Q filed today, the company announced earnings of approximately $1.92M, or $0.04 per fully-diluted share, on revenues of $11.08M. Both the top and bottom lines improved year-over-year, as did gross profits. Some of the impact was blunted by an [...]

A few interesting microcap charts: Mouse over image for controls. DISCLOSURE: I am long ETLT.OB, PTG, HIHO, UXG, GSS, WGDF.OB, GLDS.OB, and LTFD.OB. I have no position in AVCA, CXTI.OB,or PTSC.OB. Not a recommendation to buy or sell any security. For informational and educational purposes only.