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Janice; Please correct me if I'm wrong here.
All shares that are Issued out of the A/S treasury ; whether they are restricted or not are in essence dilluting the company.
The Market cap of a company is base on all outstanding shares.
If at the end of some financing the company takes those shares and returns them to the treasury and reduces the O/S ; then and only then do they balance out to non-dillutive, but until then all share added to the O/S are dilutive.
While they are at it , They should ask their broker how easy it will be to sell those shares once they have them in certificate form?
Electronic transactions are now out the window.
The company's own Pr stated that the restricted shares are now only 5,000,000 shares. All the rest are now free trading with no legend.
If those "Air shares" are not recorded there will be no record of them and hence no need to ever cover them.
The theory of this massive short just has too many holes in it.
Any shorts that were out there have had plenty of time to cover.
But that was all a smokescreen for Conrad and Jonathan among others to sell into that run.
So you don't think to highly of the company either.
I remember this post about Conrad Wall.
http://investorshub.advfn.com/boards/replies.aspx?msg=25944268
Problem is when you put in your sell order you will see that you get jumped on the ask by someone who will always undercut the ask.
Never buy a stock thinking it can't go any lower.
In the case of EIGH it can always go lower.
Those 4 people racing wouldn't be driving a Yellow Lamborgini would they.
If I was to spend $1,000.00 on a Monkinar, I would rather take my wife to Barbados and show her what a scam this thing really is.
Now that would be money well spent.
Oh wait.....I already did.....
And I can Suggest Almond Beach Village..Very nice All Inclusive to stay at.
I wonder if he at least brings a new shell to the table.
Eddited: Nevermind I see it is a dead shell.
It does bring up a funny point though. Cyberkeys downfall was his bringing in the DOD to his scam.
EIGH done openned up the wrong can of worms here it looks like.
It happens all the time.
http://www.otcbb.com/marketwatch/
Be carefull here, it could happen at any time.
You have got to be kidding me.
#1 You have the company CEO and his boss caught scamming not just investors, But mario Andretti.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55527596
#2 Then you install one of your crew who used to be the Pr guy
And Make him the new CEO of a so called new company with the same name.
http://www.thefreelibrary.com/Columbia+River+Resources,+Inc.+-+Traxxec+Ltd+delivers+new+sales...-a0178000662
#3 They tell all the investors that this is a new company with new people. But the first company they aquire happens to be owned by Conrad Wall. The old CEO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55536562
#4 But what about Jonathan Bryant, He can't still be involved can he?
http://www.nationnews.com/index.php/articles/view/former-british-footballer-at-home-in-paradise/
Tell me what here is frabricated.
Fairless Hills, PA to be more precise
They are only piggy backing into program like most scams.
http://eb5ma.com/EB-5_Program.html
There is no Naked short.
They needed that excuse so they could feed the 68million shares that just came off restriction into the Market.
He didn't know the dif between inflated Market Cap and Retained Earnings...lol
There is more truth to that post than the other one.
When you are given proof that this is Jonathan Bryant's company You blow it off.
When you are given proof that the old CEO Conrad Wall is still involved, you blow that off.
When all the Pr's are just mumbo jumbo BS, you blow that off.
Lies after Lies and he can't keep track of any of them
I thought it was only a single race sponsorship so they could have the pictures
I am also a F1 Fan... that is real driving at it's best.
I only refferenced Nascar for the crashes.
F1 first
Prototype 24hr #2 ( hence the Audi )
I keep looking for that EIGH car, But it must have gotten lost somewhere.
You are correct, I was just showing the neighborhood.
It reminds me more of a Stock car race.
I don't own a racecar, But I go to the race because I like to see the crashes.
Bargain prices for this stock was .0007
Since then it has been nothing but selling to innocent sheep.
Isn't it nice to know that just as the company say's it plans to reduce to float, It gets proven that they doubled it in the past 60 days..lol
This is where your EIGH dollars are going.
http://www.blueoceanbarbados.com/display.cfm?ID=335
Must be nice to support such a nice lifestyle
That is not the float numbers.
There are only 5,000,000hares restricted now.
The 62 mil shares that were Conrad Wall's restricted shares have come off restriction and are now part of the float.
Try asking the T/A even if they are "ungagged" to provide you with the ledgend on restricted shares....ain't gonna happen.
All the T/A will give you is A/S...O/S...Restricted # & Float
But if you ask for the restriction ledger they will not provide it.
And yes Jonathan Bryant is a Scam artist and this is his company.
That is the problem with non reporting pinksheet scams with a gagged T/A about the leggends.
So hows that FLD thing workin out for the team.
If the float is locked, How can the company do a buyback.
There is a differnce between the company and benificial owners that held restricted shares from a year ago.
If some parties were issued restricted shares with a 1 year restriction back then and they wanted to orchestrate a pump for when their shares came off restriction, This would have been a very good plan to do it.
If shares are non-tradable for any reason.....they are restricted and have a leggend attatched to them.
The company now admits that the T/A has only 5,000,000 restricted shares and the float is 138 + mil.
Have fun.
But that Pr indicated that there were only 5 mil restricted now.
So the new float is 138,824,700
So the restricted legend expired and on the last run they were able to sell into the run.
I know nothing about monks den and Jerry,
I do know alot about Jonathan though.
He has at times suckered in very legit people that he has ended up screwing over very badly.
"Thanks, im extremely shocked. Last i knew, Conrad felt the same toward him as Nik, Trevor, Warren, Petel guys, Ian, etc.....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55803965
He should watch his back
But Jonathan doesn't play like that.
look at his past shells.
Every shell has a RS history
There is a way the company can reduce the float down to 20 mil shares.
So I will one of the first to state it.
A 1 for 4 reverse split.
Read closely; One of EIGH's Subs / Looks like JB took care of him.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55536562
I agree Jonathan has back stabbed everyone around him including Nik, But this shows Conrad is still in the game.
Let me know if you found out something different.
There is no way this company can ever uplist. The past history of this DIRTY shell will make it imposible to do a Sarbanes Oxley audit.
Plain and Simple
The only one in Barbados now is Jonathan Bryant. Kelly is in PA and Conrad Wall is in England.
Jonathan Bryant is a thief, And this is still his company.
You have got to be kidding me.
#1 You have the company CEO and his boss caught scamming not just investors, But mario Andretti.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55527596
#2 Then you install one of your crew who used to be the Pr guy
And Make him the new CEO of a so called new company with the same name.
http://www.thefreelibrary.com/Columbia+River+Resources,+Inc.+-+Traxxec+Ltd+delivers+new+sales...-a0178000662
#3 They tell all the investors that this is a new company with new people. But the first company they aquire happens to be owned by Conrad Wall. The old CEO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55536562
#4 But what about Jonathan Bryant, He can't still be involved can he?
http://www.nationnews.com/index.php/articles/view/former-british-footballer-at-home-in-paradise/
Tell me what here is frabricated.