8000 Incorporated (EIGH)

[Bigatin]

Here is a reply I received from TD when I asked why I couldn't purchase this particular stock and why this happens.


Re: EIGH stock|
From: Message Center Client Services|Date: 03/09/10 9:35 AM

Good Morning Mr. XXXXXX,

I can surely provide information regarding the purchase of 8000 Inc. symbol EIGH.

Several companies including 8000 Inc. have recently announced that they will recognize ownership or transfer of their shares only by physical certificate instead of the modern electronic book-entry system. One or more other companies are encouraging shareholders to convert their stock to physical certificates. Where companies convert to physical certificates only, it has become extremely difficult and, in some cases, impossible for brokerage firms like TD AMERITRADE to obtain shares for their clients. Converting to physical delivery also increases the costs associated with transferring ownership of common stock between buyers and sellers.

To reduce the risks that transactions cannot be settled timely and the added expenses associated with physical delivery of shares, TD AMERITRADE is not accepting any new opening orders in such securities.

We sincerely appreciate the trust you have placed in us. Please advise by e-mail or call 1-888-871-9007 if we can be of further assistance.

Geoffrey Bewers
Apex Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc.


SHEESH, what a bunch of BS.