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I am out with a 75 % loss. I watched them ruin momentum with 2 offerings in 3 months. Todays offering was at .55. They made a dividend to IMPPP a couple months ago. They have warrants that will be exercised at .55. This company is not an oil company. It is a share offering company. Mark my words they will reverse split to stay listed on NASDAQ. They only have 2 ships. I Invested in the company for the possible runup, now I believe that they will not allow this to run. GLTA Another Greece bailout on American investors backs.
It is the gift that keeps on giving, just not to the stockholders.
Yeah, it so much for the shelf offering, how do they expect to stay listed?
Reminds me of a bad meal I ate, and when the bill came wanted a tip. Stay away
They overplayed their hand, plenty of other oil related companies Like HLX. Notice how all of them had a gain today, and they already have a history.
Symbol Last Price Change % Change
OII
Oceaneering International, Inc.
12.44 +1.08 +9.51%
OIS
Oil States International, Inc.
7.34 +0.51 +7.47%
DRQ
Dril-Quip, Inc.
31.31 +1.40 +4.68%
TTI
TETRA Technologies, Inc.
4.5700 +0.1700 +3.86%
NR
Newpark Resources, Inc.
3.8400 +0.2900 +8.17%
Similar to HLX
Symbol Last Price Change % Change
OIS
Oil States International, Inc.
7.34 +0.51 +7.47%
NR
Newpark Resources, Inc.
3.8400 +0.2900 +8.17%
TTI
TETRA Technologies, Inc.
4.5700 +0.1700 +3.86%
OII
Oceaneering International, Inc.
12.44 +1.08 +9.51%
DRQ
Dril-Quip, Inc.
31.31 +1.40 +4.68%
ProfessorPen says
Take out the trash…
Come to the TRUTH….
Webprods,
Welcome back winner.
See you soon.
Maybe they should have another offering?
Good Morning,
I don't think this could be considered a gap as the price action on 3/10 already set the resistance level at approx. 12. In a GAP, a price moves up or down sharply, it doesn't leave behind any support or resistance. Interesting question though, if it does I will be buying at that level. Nothing big just a couple of shares.
Disclaimer: If you have any doubts as to the merits of an investment, you should seek advice from an independent financial advisor. A good financial advisor will ask you about your goals and create a plan to help you reach them. I am not a financial advisor, and my statements should be construed as an opinion.
Alright. I will take over Justin's position.
I need a 100 million dollars to start a website for e-commerce.
When can we start the audits?
Really.. is she on the board?
https://ir.nakedbrands.com/board-of-directors
Just imagine if they announce a reverse merger. This will never come back. JMO
They could have already purchase the shares. Just waiting for it to be official
JMO that big things are going to happen. Heads will roll.
BOOM
I would like to remind you scorpio that you are under a gag order.
:)
$1.50 = 100%.......$3.00 = 200% EOM
Ater that read the 10-k report. Where do you get $4.50...???
I fail to see anything on the $4.50....
If you are referring to:
I have no idea what you want me to read.
Please quote the 8-k.
I read the entire document.
Knights….. 8K
If you could by stock at $1.50, then sell it for $3. Would you do it?
The preferred shares will be convertible into about 267 million shares of the company, which currently has just 98.21 million shares outstanding. The shares can be converted into common stock at $1.50 a share.
Read more: http://www.foxbusiness.com/industries/2012/08/06/white-knight-knight-capital-gets-400m-rescue/#ixzz22mHClMA9
The sale of convertible securities dilutes existing shareholders because they can be exchanged for stock at a preset price. The deal allows investors to buy new shares in Knight at about $1.50 apiece.
Read more: http://www.bloomberg.com/news/2012-08-05/knight-said-to-get-400m-infusion-in-sale-of-convertibles.html
It's not because they hold some corporate Bonds in KCG. As Per their 10K report.
This is still a short they are going to dilute the shares.
Do you really believe that this company’s stock is not tied to the Eurozone? Did you note the ECB rate decision? I predict $1.50 -$1.70 In the AM (maybe a support). Momentum is huge, and the CEO is already showing the balance sheets to others, which in my professional opinion is not a good sign.
I am not in this stock and have not will to be.
In my Opinion Only.
I have been thinking about what has occurred. In addition, I would like to make a simple point that I hope people would agree with me on. Just because a computer can do, something faster than a human can.
We are removing the human aspect of making an informed decision. Setting a computer to make a 5 billion dollar decision for a company without first testing the software on a fictitious account is just plain rude.
We do not need more volatility and domino effects on the exchanges, it spreads like cancer.
IMO why would any other MM bail out a company when the completion can just step in to fill the gap Who knows what type of poison assets they have.
GLTA
With all due respect FIRE you are describing what all equity exchanges do. Simply said a company would not need to sell shares if they did not want capital to make their business plan happen. Not just on the OTC Market. Have you forgotten about ENRON in such a short time.? They too were traded by a Market Maker.
How could NITE be at the ask and bid so often, More often then any other MM? Where do you think they get their shares from?
IMHO
Short this PIG… Send them to the bone yard, grey market that they have done to many a penny stock in the name of liquidity….. .0001 Here We Come. Pink Sheets Here we come.
I have been thinking. This stock really was a scam, with plenty of blame to go arround. Im gonna move on from this stupidy. And I think I got a virus from one of the emails. GLTA
I agree the SEC is not doing their job.
Josephine Tao,
Deputy Director,
Division of Trading and Markets,
Securities and Exchange Commission,
Washington D.C.
May 25, 2011
Dear Ms Tao,
Reference: 8000 Inc; File Number TP 11- 11
8000 Inc. (the “Company”) has received your May 21, 2011 letter responsive to a letter sent directly to Mary Schapiro, Chairperson of the SEC. Within the letter, there are statements which the Company is convinced to be inaccurate and to avoid any potential embarrassment to the Office of the Chairperson, we feel obliged to provide information to bring your office up to date. Your letter indicates you have taken a serious interest into the claims made by Mr. xxxx, and you will find within this letter the supporting evidence and methodology backing up his statements.
We enclose and attach a shareholder update which addresses the key points that seem to be referenced inaccurately within your letter. As this matter has been on-going for some 6-8 months now, and due to your stated serious interest, we would like to concentrate on the core issue: our conviction of improper shorting in the Company’s common stock.
The Company and its shareholders believe, and have supporting evidence, that there is a significant illegal naked short position held with its traded common shares (EIHGH.pk). In fact, ignoring the numbers, you state in your letter that you are aware of short positions in EIGH.pk, bearing in mind, this stock is not eligible for short sales (since not DTC-eligible) and is physical certificated trades only, recorded on the DRS system. You have therefore confirmed our suspicions.
Specifically, you state there are 30,034 shares short in the stock and state that the recorded short position in this short sale ineligible stock being September 2010 being the highest in the past year! And have been tracking short positions, E*TRADE, as we have informed the Staff, has admitted in writing that (i) they hold 173,000 shares short through failures to deliver and failures to receive and that, contrary to the rules and regulations, (ii) will not address until instructed to do so (presumably by the SEC and/or FINRA).
Very simply, you have confirmed a wrongful, illegitimate naked short position in EIGH.pk. Your quoted figure differs from known admitted short positions. The Company has counted the number of shares held in shareholder accounts by brokerage, by date, by name and accompanied by a testimony to confirm the shareholding. This figure, attained through simply adding up the numbers of shares recorded at each brokerage firm by each shareholder total, represents only 60% of the total number of shareholders with over 300 accounts to be counted in 42 individual brokerage firms. The simple addition of these shareholdings adds up to 178,548,813 shares of EIGH.pk. This means tens of millions of shares have been sold to the public more than the Company has ever issued! As stated, these figures come from the simple addition of EIGH.pk holdings within individual shareholder accounts with testimony to confirm that fact by each individual. All supporting evidence is contained within the shareholder statement below and attached.
Surely, now that you have stated there is a short position in EIGH.pk, which stock is ineligible for short sales, that the figure you quoted was 6 times less than the number of reported short positions held at E*Trade and the very fact a simple exercise of adding up all the verified shares purchased by 60% of the shareholders of the Company show, to our satisfaction unless we are proven wrong, short positions and discrepancies in the numbers. This cries out for you to act and to evaluate the situation and to correct the current understanding of Ms. Schapiro and the rest of the SEC staff?
We would suggest that in order to avoid potential embarrassment for your offices and to finally put this matter to rest, you review our submission of the shareholder records and testimonies. You can then simply, without lobbying or other subjective influence, add up the numbers of shares held in each account? In this way you can objectively elicit the answer, can prove either way who is correct and, having done so, then act to ensure the brokerage firms follow the rules and procedures and redress the short position through buy-in or other appropriate action.
Please advise where we should send the information and in what format you would require. We have the spreadsheets already compiled and the information, including testimonies alluded to are in electronic format.
By accepting this offer, it will allow this matter to be finally resolved and will permit your office to address what we believe to be a fraud against the shareholders of 8000 Inc and the public in line with the SEC’s mission statement.
Please contact me directly or Carl Duncan, Legal Counsel at Thomas@8000inc.net or enquiries@8000inc.net.
Yours,
Thomas Kelly
CEO 8000 Inc.
I will buy your shares at your price if you have a physical certificate to offer, or if you get one. Let me know.
EIGH traded a .0001 the made a come back to .02... Thr true value must be greater
Go EIGH.
I agree with that scenario. At the time I was looking at the technicals. I remember the buying signal. (MACD line crosses + hammer.) In my personal opinion, the people whom had decided to add shares between the .12 to .44 marks, also took some gains, but did not buy back in until a Fibonacci mark, if at all. I think those numbers you had posted speak for themselves, however I also know that some people are just not informed, have lives of their own, have families, and simply can not give the attention that the situation requires.
IN SHORT…
**The Law of Supply and Demand did not exist due to the infinite supply. (A Relation would be to print $900 trillion dollars ($900,000,000,000,000) from the Federal Reserve, and expect the money that was freshly printed be equal the same value prior to printing.)
**All the people that had purchased EIGH assumed that the Brokers/Clearing houses had real shares to deal with, therefore when the price did hit .44, all the people that were going to be in the stock were in, and the buying pressure was consumed by the obvious continuous abundance of air share that exist. At the same time complaints were recognized by SEC whom halted the stock sending them to the grey market. The SEC looks like fools in my opinion, and the Securities Exchange Commission should be very angry that they had been played!.. SEC needs to implement a PAY THE PIPER PLAY, because if this is true you look like a bunch of fools’ period.
Wow.... I have come back from vacation, and it looks like they discovered something.... Anything to think about? Any Comments?
Thanks....... CT
Also what is with the website? I read through the Q&A, but I still have questions.
http://www.8000inc.net/8000inc-investments-acquisitions-fund-rasing.php
News from facebook? Are they going to continue with the facebook page?
http://www.facebook.com/pages/8000inc/#!/pages/8000inc/319800828743
I just got my tax return back... I am gonna gamble for a thousand dollars... 1000/.01 is 100,000 shares.... I think this stock is way under bid..
Anyone have L2?