And having to hold through Friday in order to receive it? Are you ready to admit that you were either misled or just making stuff up when you posted that over and over?

If you think the "Team members" are upset now, wait until it sinks in that the dozens of aliases they've been corresponding with here turn out to be 2 people.

You've made half a million dollars by buying and never selling a penny stock? Now I've heard everything.

The divi was cancelled by EIGH through FINRA. Brokerages should not have paid it out. I would imagine they will be removed from your accounts if you did receive it. I wouldn't spend it.

Didn't you tell us that EIGH had up until Oct. 15th to change the amount of the divy and that everyone had to hold their shares until then to receive it? If true, how come the .005 divy started showing up the morning of Oct. 15 in the accounts of people who sold 1-2 weeks ago?

Is it possible that brokers know more about these things than anonymous message board posters who have a financial interest in tricking people?

So what would you consider reasonable cause to suspend the stock?

Doesn't matter what we think, only what the SEC believes:

http://www.sec.gov/answers/tradingsuspension.htm

Buy a share of this stock right now and a market maker just cashed in

Yes. That's their entire purpose for existing. That's what they do.

i would love to see it going back up for all the shareholders ..

The problem is that the only way that happens is by creating new bagholders. It's called the Greater Fool Theory.

There's no "there" there with this company. All pyramid scams end this way - the music stopped and there are no more chairs.

Following scam stories and exposing them is fun. This one was pretty obvious. As I said before, they took two years of SPNG BS and compressed it into two months. The only thing they haven't tried yet is announcing a buyout from a Fortune 500 company (although Monk's Den was a buyout tangent, so they marked that off the checklist as well).

If anyone can explain to me how to economically short pinksheet stocks I'm all ears (I'd be rich in 6 months). Or maybe explain how NSS'ers cash out their millions in profit and who pays them - since they're able to do it with no record of their transactions anywhere.

No more float available! - check
Shorts will have to cover! - check
MOASS from the Naked Shorts! - check
Absurdly high cash dividend! - check
Tens of millions $$$ windfall! - check
Stock buyback by the company! - check
Uplisting! - check

... and those were all in the last month.

To me share dilution implies raising the share count to some astronomical number then selling the heck out of them to raise money and I have no evidence of this.

What was the OS after the 1-2000 reverse split and what it is now? Why wasn't the AS reduced proportionately with the OS if not to dilute?

And before you say the R/S was a long time ago, take a look at the volume traded since then versus the amount still left to dump.

Also stock solicitations coming from individuals who do not have a Series 7 or a CFA are illegal.

Those rules were written before the proliferation of internet message boards and are obsolete IMO - that's why I believe there's little enforcement for the promoters who use them to target ignorant investors. Prosecution would open a Pandora's box of First Amendment issues.

P.T. Barnum considered it his moral obligation to take money from those who were dumb enough to believe his hype.

NMC, you think it is just coincidence that the 4 major Monk plays are all trading in sync with each other?

What Monk is doing is called a crime spree. Imagine how many liquor stores he'd have to rob at $1,000 each in order to steal as much money from naive rubes as he's done in pennyland.

(6) and the SEC STILL has NOT halted "trading" yet???

The SEC can take months/years to take action on even the most egregious scams. Investigations take time and by definition scammers aren't the most cooperative.

I can name a dozen that took over a year to be suspended after they became obvious. Another dozen that are still trading.

I receive emails quite often about stocks ..are they breaking the law?

If the person sending the emails does not disclose his compensation then yes, they are breaking the law.

I suggest you not spend that money. The brokers will take it out of your account just as quickly as they put it in. It's happened before.

they paid .005 which would have been acceptable in the first place I bet...

It was clearly a mistake. The divy announcement PR stated they would issue a stock divy instead of cash if the amount was less than $.10.

There's going to be Hell to pay next week. They can't BS there way out of this one with the SEC. They either had the money in the bank to cover the divy filed with FINRA ($700k) or not. The End.

I got my Dividend too. But I sold on Thursday. I use Etrade Pro. I lost a lot here but bought back in at the bottom and made some friday and sold. I dont trust this company anymore.

Where are those who swore up and down that you had to hold through yesterday in order to receive that divy. That claim is now demonstrably false and those folks still have the nerve to advise others to buy more and keep holding. How can anyone still trust those folks now?


This is from Monk's iHub profile - I bet he's getting a big kick out of all this:

When will people learn that the only possible outcome of "team plays" in pennyland is the creation of a large group of bagholders (artificially inflated stocks eventually collapse, ALWAYS)? That's the ONLY possible outcome - the only question is who exactly is the last one in who holds the bag.

When the true believers finally realize that they were the targeted victims from the beginning, I wouldn't want to be Monk.

Let me get this straight, people losing money is comedy to you and then having it frozen while it's halted adds more comedy?

No, watching promoters stuck holding their own bags is comedy to me. If folks would have listened to our warnings instead of calling us names they wouldn't have lost a nickel (some would have even made a nice profit).

I don't pity those who lose money by willingly gambling in a rigged casino.

wow thats good math..but i did sell on the down and took a 26k profit...it was too good to be true...im not afraid to be honest on here and say what i did.

Actually that's a good trade. I flipped today, getting out at .071 (from yesterday's .04's.

This proves that the people posting that shareholders must hold through today were either lying or spreading their ignorance. Millions were lost on that advice and there was a seemingly endless supply of people here who refused to sell when they were up because of it.

Well, they kept their word and paid a 1/2 penny dividend anyway. That's a start in flushing out the shorts.

What happened to the squeeze? NSS don't seem to be hurt too badly LOL!!!

I foresee a GREAT deal of confusion ahead.

Now all we need is an SEC suspension on Monday for some real comedy.

More importantly why didn't the NSS have to cover?

None of the flippers playing the dead cat bounce want to hold this overnight, much less over a weekend. SEC suspension is very likely here.

For those unfamiliar, Pink/OTC stocks are never halted for news and suspensions are announced right before market open (not during trading).

we counted what we had and it was more then 78 million in the float

Was that before or after the company announced on Oct. 6 that the float is actually 138,824,700?

I would think so as we already know there is a large naked short position here

How do you know that again? Were you told that by the same people who said there was no doubt you'd be getting your divy today? The company has never mentioned naked shorts.

What I find most interesting about this whole debacle is the price of EIGH was already .24 when the divi was announced. At that point, the stock had already appreciated significantly on huge volume.

Yes, that's what front-loading looks like when some are privy to the scam story before it was announced publicly. The phantom divy con was obviously known by more than a few before it was announced publicly.

Prove it. Empty words.

The price will be higher, no matter what, correct? Even if the size of the divy is zero?

I have met Jerry before and he helps people. If he were a scam artist, why would he help people trade the F's?

Do you really believe Monk just sat back and watched 90% of his EIGH value vanish like the rest of those advising "buy and hold forever - never sell"?

Who on Earth would take a trading class, especially one based on charting, from anyone who did?

why does he need to explain himself he is not the ceo of eigh and didnt do anything wrong.

The money EIGH paid to Monk came from the pockets of the shareholders posting here, that's why.

Monk didn't mind pumping this stock when EIGH was negotiating to buy Monk's Den. Why go silent after the divy PR?

Only one person has more posts on the EIGH board than Monk. He has posted here 2,298 times....

http://investorshub.advfn.com/boards/boardposters.aspx?boardid=10071

Please post the email sent by the CEO.

I also didnt like the divi thing but never cared about it so played the stock like it wasnt there

Credibility matters.

.08 Coming

I hope so, that's where I'm selling my .04's from yesterday. Never underestimate the greed and stupidity of a cult.

If you FLD folks buy and hold forever, never selling, why do you follow the PPS minute-by-minute? Never understood that. Just turn off the computer and come back next week, like Monk's lackeys told everyone to do a few days ago (you know, before the company canceled the divy those same people guaranteed).

I didn't have the chance to sell while all you so called members did. You are part of the problem.

No, believing that trading is a team sport is the problem. You are being played. Hard.

You've been buying your shares from "team members" this entire time. The reason the PPS ran before the divy announcement is because some of the "team" knew about it before it was announced and front-loaded. Then they sold into the hype it created while telling you to buy and hold forever.

Common sense should not be your enemy.

Anybody who buys this stock for anything other than a quick flip deserves to lose everything. I have zero pity for them - it's only a shame that the scammers continue to profit off them.

Think of all the money that would have been invested in other plays that just evaporated. When scams like this go down it hurts all stocks.

Who is in EIGH's Board of Directors? Do we have names? I am out now by the way.

The CEO is the only officer and sole member of the BOD (which makes today's PR that much funnier).

It's sad that you don't see what's going on here. First it was a float lockdown (yet the OS doubles in 6 months), then it was the shorts (although it's virtually impossible to borrow penny stock), then the Naked Shorts (of which there is less evidence than the existence of Bigfoot), then an absurdly high cash dividend (when the company had no revs and has now cancelled with the dumbest excuse ever).

Now it's a stock buyback and an uplisting!

These people are playing you all for fools. It's like they are just going down the pennyland con checklist. They've literally compressed two years of SPNG into two months. Say, when will EIGH be bought by an unnamed Fortune 500 company? (don't laugh, that's probably the next PR - this scam is that obvious)

I'm sure Monk thanks you for contributing to his retirement and especially for helping him trick others.

Another 900k + in safe hands!!! hehehe smile

That'll tech those poor suckers for listening to anonymous message board posters, right? Congrats, you've done it again!

Monk should have attended an SECiminar - the advanced one dealing with cash dividends. He might have known better and not destroyed his credibility if he had.