Eternal Technologies Group, Inc.: Eternal Technologies Does Not Have Sufficient Assets in the United States to Post Bond to Stay Enforcement of Writ of Execution and Asset Seizure

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HOUSTON, TX (MARKET WIRE) Counsel for Eternal Technologies Group, Inc. (OTCBB: ETLT) has stated that ETLT does not have sufficient assets in the U.S. to post a supersedeas bond in the amount of the judgment as required to stay the enforcement of the writ of execution and the seizure of ETLT assets. A final judgment of $732,290 was rendered in favor of Western Securities Corporation in the U.S. District Court of the Southern District

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