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the board they haven't picked yet? It's 1/3 of the way through Q4....they already missed the "early' part
there was no windfall
I see 8000club or whatever the casino is is claimed to be in Barbados as per the financial report...anyone know if this is up to date:
"The only forms of gambling allowed in Barbados are slot machines and the lottery. Slots can be found in the nation’s lone “casino” and various bars, hotels, restaurants, arcades and pool halls.
In 2007, it was announced that CAGE Barbados had been awarded a long-term contract to install 2,500 video lottery terminals in Barbados. The machines are to be installed over a three-year period.
Casinos in Barbados
There is only one casino in operation within Barbados. Offering only gaming machines, the facility also functions as a pub. You must be at least 18 years old and have a valid form of identification to enter.
D’ Fast Lime (Hastings Main Road, Christ Church, Barbados) This casino is open 24 hours and features 25 gaming machines. One bar is also located on the premises."
http://www.worldgamblingreview.com/gambling/barbados/
indeed, and there isn't one shred of any info of what has sold, if anything
the only real estate agency w/o recently sold properties on the site...odd imo
ok, so 10k x 12 != $10MM either
Where is the Real Estate income? I see the Sky Villas site. I see the listings (which other realtors have as well), but I don't see anything actually being sold.
$10,000 is far from the EIGH PR projecting $10MM by this time next year.
They was apparently another PR error, and it wasn't a windfall but a line of credit
that would also mean there is no "$40 million in the bank"
so I guess that was an error too...
so many errors, it's getting hard to keep track of
They do seem to have some issues with their banks.
More scams from NZ bank system.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43886620
Will have to dig more into this Bancorp.
Looking for facts too, thus all my questions which most often go unanswered.
Bancorp New Zealand Limited....they don't seem to be a registered bank....can anyone find them..maybe my brain is just mush at this point.
come on CB, you have all the answers...but you don't have this one?
TKs PRs are so full of mumbo jumbo, i am not sure i could understand an email.
indeed....but hey, when u can just make up info, i guess it doesn't matter
I also thought that they were giving (should have already) Soutbridge $1.5MM of restricted shares....what happened there?
if we follow logic yes, so we have to assume there is a LOC
now we have that figured out, I guess all the "40 million cash in the bank!" claims can stop
also, it kind of makes you question a CEO who would plan on paying a .10 divi out of a LOC (which would be charged interest).
rather poor business planning/financing, imo
windfall
An unexpected profit or gain. For example, a business receives a windfall when it holds substantial inventories of a good that experiences a rapid increase in price.
http://business.yourdictionary.com/windfall
a windfall is unexpected gains/profits, not a LOC, thus, it should show up on a balance sheet
if they mean a LOC, well then, they don't mean windfall...which would be more b/s on their PRs
14 hours and no answers...where is the casino? does Sky Villas actually sell anything,since they do not advertise any "sold" properties (they seem to be the only realtor that doesn't.
anyone?
We have posters here saying he has not made profit....that is the post I responded to.
"He admitted that he's got revenue coming in and improving...but he's not actually making a profit yet."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56076560
more mixed signals from team EIGH I guess
I understand how taxes work...the point is, you don't get taxed more than you make.
The rest of my post still stands too. And, I wouldn't hold my breath on audited financials.
yes, no problems with the seminar thing...the b/s shell company, front-loading FLD stuff though, that's just wrong
i asked about the EIGh casino, and about whether SkY Villas actually sold anything, but no one can provide answers...I can't find them...being that they don't seem to be making money, and Monk claims he isn't, I wonder how EIGH is making revenue.
SO far? These didn't start this year. And I am sure the Ph.D. stock wiz isn't paying more in taxes than he is making.
Honestly, if you can, with a straight face, tell me 90 x $1,500 (the adv. fee) for 3 days in a hotel (which I would laugh at if he actually had to pay for any services since he is booking rooms for the hotel in which he uses), airfare, and a few employees would put him in the red, well, than that is a guy I wouldn't be paying for financial advice.
well this from the PR:
"The revenue generation from this project is expected to double current Monk's Den figures (to $10M USD) by quarter 3 2011."
makes one think that current Monk's Den figure would be 1/2 of 10MM, which would be 5MM
I cannot see how 5MM is not profitable
again, I must be missing something
interesting indeed
i have an email (mass email he sent out) claiming how one cost him 21k, yet people are saying that 90+ people are attending (at 1k/head)
90,000 - 21,000 = profit
so either he is lieing about not making money, or EIGH is lieing about 3Q earnings from Monk's Den
if i am wrong, feel free to correct me, i have a lot of number sbouncing around in my head
Good post, and very true.
I've used paypal for wow, i don't know, 7 or 8 years...and I have never had one issue with either have ending or receiving payments. Not sure what the issue is.
Also, I think I have the email u are discussing about Monk losing money on Monkinars..claiming it cost him $21k (which I personally find hard to believe). Yet at 1000 a head, and 90ish people...well that still leave room for close to 70k profit.
I sold, and know others who did as well. I wonder what "a few" is.
Does SkyVillas list what they have sold? I can't seem to find any info on that.
timmyjames fundamentals
12-month projected revenue
100 trillion dollars
just because you put it in a PR, doesn't mean it is true....we all would like some actual proof
they know, they just recycle the story on these junk stocks:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=15788342
"...a company with actual products in the marketplace, a company with government contracts, a potentially large short position, and numerous other items that will positively affect the stock over the longer hold..."
look what happened there...it certainly wasn't the devious MMs
hmmm...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38414699
"... makes me wonder if NITE is shorting..."
and look what happened to that company (oh, and it's related to another current FLD by the way)
same story, same "team", same ending RED
I wouldn't be surprised.
I'm afraid if I took a road trip to the address I would end up staring at a mailbox.
What games are those? Playing poker at the 8000club? Doubt it since no one can find it.
Now lets think here....what makes more sense. The MMs (who don't all work together...that is a competitive business in it's own right) all form a secret plan to conspire to threaten their billion dollar business to squash a couple one-man junk companies, or
people front-loaded, pumped, and dumped
he said, "can't short pennies" as in maybe he can't
also, for the average retailer, it's way too pricey to bother
LOL, I'm very comfortable waiting as things unfold for EIGH.
$40,000,000.00 cash!
where is it? it isn't being used for the divi, and it isn't being used in the "acquisitions"
Acquisitions!
Which are?
Retirement of Shares!
With what? They don't have enough money to pay for their "acquisitions." They have to use stock.
Building revenues!
How, selling stock?
Growing Profits!
From what?
thus why the "non-dilutable" collateral is nonsense
Everything points to the opposite, sadly.
sorry man, but this chart IS the atypical P&D chart
feel bad for those in at the top
yeah, that's my mistake, although it still doesn't explain how you raise $ by issuing shares you can't sell, and why they need to use shares when they have this $40 million "windfall"
why the need to raise the A/S though, as the PR also states?
sadly, this goes back a lot further than these newest group of FLDs...and it's the same story of "large short position"
EIGH is no different...and it's showing with all this red