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Re: digitick post# 68486

Wednesday, 10/06/2010 12:05:37 PM

Wednesday, October 06, 2010 12:05:37 PM

Post# of 111214
And of that 82 million sample there were greater than 10% short or over 8 million short shares. These shares will have to cover with the buy in notification. Again this is just the preliminary stages of the audit. The point is there are millions of shorts and they have to cover.


"Subsequent to the report, the company undertook a sample audit of 545 accounts, correlated to their clearing or brokerage firm. These accounts showed a current held position of 82,745,008 shares of 8000inc common stock. Further assessment identified significant short positions, (>10%), within this sample"