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How many you got? I'll buy all you have at .001. Then you can go somewhere else.
Well, I got 9 responses to my post, a new record! I would love to reply to everyone but I have been allowed only 1 post per day for the past 6 or 8 months. Must have said something horrible, unlike the polite stuff normally seen on the board.
I am glad to see now that everyone thinks it's a good idea to jump on the idea posited by gonnagetrich to implement a class action lawsuit on EIGH. That would be a good to do now, since the SEC and FINRA have not issued any decisions. The replies to my post indicate unanimous agreement, so maybe everyone can get together and hire a bunch of lawyers.
In all seriousness, because most of what is posted on this board is, at best, speculation, you are irresponsible to use the term "lie" in your statements.
You can have NO certainty about the SEC investigation because the SEC will not discuss any details until a finding is released. At this point, the most that can definitively be said is that EIGH may have been awkward in their PRs. So any affirmation that a company is LYING is simply irresponsible.
Yes, the PPS has dropped. No doubt the FUD created by relentless negative postings and manipulation by those who NSS'd the stock.
Monk has not vanished and is still working. What has been stated over and over and over for those that claim otherwise is that because of the SEC investigation, he cannot make any statements concerning EIGH. A fact.
The dividend was based on the PPS at the time and NO ONE ever said what the amount was to be. When the PPS was driven down by the relentless attacks, it was withdrawn. Companies can change a dividend at any time, for a variety of reasons. Happens all the time.
They also did not LIE about the windfall. It, too, was based on the PPS at the time.
They did not LIE about the merger. It was discussed and planned, but circumstances changed. Happens every day with companies.
They did not LIE about the takeover of Monk's Den. See above. To use the phrase LIE is irresponsible.
They did not LIE about the share transfer. This has just been delayed by regulators, but for reasons that have not yet revealed. To use the term LIE is irresponsible and false.
They did not LIE about businesses. The parties behind the NSS (which are PROVEN to exist and all evidence is now in the hands of the SEC and FINRA - let's wait for their decision) tried to kill EIGH by manipulating the PPS down to current levels. The businesses were in progress and in planning stages, but without funding, they could not be implemented.
I think it's terrific that when you post information on EIGH, you get such quick and very consistent advice from the Board. It's great that so many people are concerned for your welfare, and that they provide such helpful and accurate information.
Nice to see some new names all working together on EIGH. Very impressive cooperation.
Agreed, Alan. There is a significant short position on CDIV, which we are also seeing in a number of other stocks. The shorts' day of reckoning is coming very soon. Your DD is greatly appreciated.
From the SEC: "As a general rule the SEC will confirm or deny the existence of an investigation or provide information about it unless it becomes a matter of public record as the result of a court action or administrative proceeding."
I assume those that say there are no NSS have read this: http://www.sonecon.com/docs/studies/Benefits_Pre-Borrow_Requirement-ShapiroPham04-22-09.pdf, yet still come up with some convoluted logic why it doesn't apply in the case of EIGH and other FLDs. Just glance at the bottom of page 20, which I show here: "Finally, we evaluated FTDs as a share of short interest for the 5,500 stocks with substantial fails, based on whether they have relatively high or low insider ownership, relative to the average insider ownership of 22.5 percent. Since companies with high percentages of insider ownership have relatively fewer shares available for the trading, we should expect relatively higher FTDs in those companies: During 2007, the FTDs as a share of short interest averaged 10
percent among the high insider-ownership companies..." A FLD is essentially the ultimate in high insider ownership and in the case of EIGH and the others we know the volume of NSS is incredibly high (see http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59231849). The protectors of the status quo (e.g. financial firms who have a tremendous amount to lose if they are forced to obey the REG SHO) are literally besides themselves with fear at what EIGH is going to do to break this criminal practice wide open. This is history in the making. Go EIGH! (My 1 post)
LoneGrey, this is why we Longs have stayed in to the end game, which will be the cover. We know EIGH is incredibly shorted and the MMs are about to lose everything on this one. EIGH will be a classic that will blow open the CRIMINAL activity of the shorts. Thanks for posting.
Not many clothes made in US. Why would you even consider the source as Europe to be material? If anything, it's positive and logical, considering the many EU connections that EIGH has. Not opinion, fact.
People read things from their own perspective. What I read with the EIGH release is that they are very carefully understating the NSS situation. But the very clear message, from this perspective, is that there is a major NSS position and when the merger/uplisting finalizes, the shorts will be required to cover. You can repeat ad nauseum that it is 'scammy', a 'scam', which has been done over and over (e.g. the meaning of ad nauseum for those that missed it), but the fact is the number of shares is known and it exceeds the float by MILLIONS. The Longs are patient, they are secure in their understanding of their investment and the vast majority never post on this board. They may read it for amusement but, really, the negative posts are redundant and change nothing. My one post if it stands.
Ozz, I don't understand what you're saying. Lots of trades are happening here. Obviously people buying at over 0.01.
Nope, MMs manipulation and illegal activities drove down prices. Everything now on track to roar back. Thanks for your interest.
Nice try, but it makes zero difference.
Hey, Birddd, Good to see some new faces on the board, right? EIGH sure is generating interest. For those of us that have been here from the beginning, we're about to demonstrate the rewards of persistence and patience. Go EIGHHHH!
What this means is the PPS will rise to 0.30 or above very quickly. Perhaps he wasn't clear enough. As for current financials, it has repeatedly been stated that CDIV is in startup mode. They have established a solid foothold in a $7 billion market that is growing to $11 billion in 2014. They've consistently added games to their portfolio over this year and continue to execute. The shareholders support CDIV and no one is selling. It's very likely there is a very large short position, based upon actual share counts, so in addition to market fundamentals, CDIV will likely "boom" (just to be clear again, "boom" means the share price will rise rapidly, and very high). One sure wouldn't want to be short on this stock, would one?
From EIGH:
The Company and all subpoenaed individuals have complied fully with the requests by the SEC regarding the investigation, “in the matter of Monks Den” with the exception of finalizing the arrangements of Mr. Bryant’s testimony. The Company will update its shareholders on this SEC matter in its monthly reports. As previously stated, the Company, although it accepts that it was clumsy in some of its actions and that there may be a consent order in line with publicly issued documentation, rectified through correcting statements voluntarily or as directed by the SEC, firmly believes that the investigation will show no illegal or manipulative activities or wrong doing by its officer or associates.
And more:
Planned Company Exchange Progression
As has been stated from inception, it has always been the intent of the Company to progress to a higher exchange. That process is nearly completed and it is expected that a business merger and
combination will result, whereby a like for like share exchange will take place with the 8000 Inc share holder certificates being recalled and cancelled, in exchange for the same valued stock in the emergent business.
Detailed information will be announced at the conclusion of the transaction but prior to the share exchange process which will be handled by the Transfer Agent.
People can try and spin all they want, but EIGH is going to reward its shareholders big time. The shorts are in very serious trouble.
Notwithstanding any MM manipulation, spurious talk about pump and dump, or even FLD and likely NSSing, GRNO has a solid business plan and good technology. This is a good investment based on fundamentals. Everything else is just noise.
We're right there with you, LG!
They're called Cascadia Investments. They do buy/license games. Most companies in this market operate similarly. CDIV has 59 games for the iPhone and 29 for the iPad. The market for games is growing at an incredible rate, from $6 billion in 2009 to $11 billion in 2015. Plus, being in this space will lead to many other opportunities. For example, CDIV's growth strategies include social media. Facebook has just been valued at $50 billion. CDIV is in the right place and its shareholders support it.
Wicks' numbers are accurate.
And the market for games is projected to be $11 billion in 2015. CDIV's share is growing with their new apps. Get ready!
Yianni,
Some more DD for you... Juniper forecasts games as $11 billion market in 2015, about double from 2009. Good place to be.
http://www.cellphonedigest.net/news/2010/12/mobile_games_revenues_to_surpa.php
Both your statements are flat wrong.
There is NO DOUBT the Shorts are in real trouble. Looking forward to the next steps in the process of revealing their very illegal activities. The Shorts are the true scammers.
My one post of the day, if it stands.
I'm sorry, I must have missed something. Exactly what 'securities violations' are you referring to? Do you know something the SEC hasn't reported?
There are millions of NSS, not just because we say so, but because we have done a meticulous count with the shareholders, and through the TAs. That is just a fact. The numbers do not lie. So in this case, the SEC will have absolute proof that EIGH has been illegally shorted and they will decide what the remedy will be. The regulation is clear, the holders of the NSS will have to cover. Continual, relentless and false declarations will not change the situation.
Usually, but not this time. The NSS situation is in front of the SEC. Get ready for the cover.
With such a large NSS position, the cover must happen:
11830. Reserved. [Mandatory Close-Out for Short Sales]
[(a) A contract involving a short sale in Nasdaq securities described in paragraph (b)hereof, for the account of a customer or for a member's own account, which has not resulted in
delivery by the broker/dealer representing the seller within 10 business days after the normal settlement date, must be closed by the broker/dealer representing the seller by purchasing for cash or guaranteed delivery securities of like kind and quantity.
Many hundreds of us hold long and look forward to being well rewarded.
Shouldn't be long now to see the NSS situation exposed and the MMs forced to cover. The many hundreds of us who hold long will soon be rewarded.
So wrong on all counts. CDIV has great APPS, great business plan and we're sitting on millions of NSS. Monk, LG and many hundreds of us hold long and strong.
Craig, very well said and very accurate. None of us are selling. We are depending on the SEC doing the right thing and exposing the NSS on this and other stocks. There has been a tidal wave of evidence that shows NSS on EIGH et al. has been terribly abused and therefore there is tremendous pressure on the MMs to drive the values to zero. Not going to happen. The MMs must eventually cover and we will wait patiently. My one post of the day.
Could it be the NSS position was created many months ago and now the MMs and their team are working frantically to discredit the longs who hold the 236MM shares? There is FAR more proof the NSS position exists and relentless denials willl not change that.
First, what is a $%&^ ? Second, I do know the function of an MM and the rule by which they are governed. Third, yes, there IS NSS. Fourth, of course they have to have a 15c211 on file. No one said they didn't. Fifth, correct, they would not suspend a stock if they did not find something wrong. The wrong is what we disagree about. There most certainly is a NSS situation and that is what will come to light very shortly.
By the way, your post is identical, word for word, to what another poster sent me on a PM. One could start to sense some sort of 'team' approach to posting.
VD, I agree the investigation is ongoing. Let me try to guess where - maybe over 100 million NSS?
Actually, the suspension and action taken by the SEC was due to an overwhelming number of claims from many of those who have been posting on the board the past couple months. The SEC had to look into these 'claims' simply because of the volume of 'complaints'. It would appear that they found nothing of concern regarding the dividend announcement or anything to do with Monk's Den. It's quickly back (on the Greys, no surprise there) and now the MMs are waiting for the NSS shoe to drop, which it will shortly.
First, it's not a scam on the EIGH side. On the NSS side, it's obvious they are in serious trouble. Let's watch this play out.
Serious question. Quick answer. Most are simply not selling. NSS position is huge. The few million traded wouldn't make a dent. Interesting times ahead for MMs.
Never? How about next week?