Here is my SEC complaint excerpt of the day.....
Following confirmation from EIGH Co Executive today...
"The company's transfer agent verified all issued regular (common) stock, certifying that all 138,824,700 regular shares were accounted for in the register, with 5,000,000 restricted shares out of a total of 143,824,700 issued common shares. The report also verified that between the dates of August 22 and September 30, the number of shares bought and held was 51,839,151, with a trading volume for the period of 63,185,590 shares.
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. Of the total number of retail shares that they purchased, 29,581,931 common 8000inc shares, bought and held in trading accounts, are yet to be allocated to the various market makers and or brokerages. These figures were measured against the absolute certified stock report for 8000inc prepared by the company's transfer agent. Notably, the short positions identified are attributable to less than 65% of the recorded retail share purchases of 8000inc common stock of this sample cohort and do not include stock purchases by the market at large.
8000inc are confident that as an OTC.PK corporation, non-reporting and with the dividend fast approaching, a resolution to these findings is imminent. The Board has and will continue taking appropriate advice in this matter. It is of paramount importance for the Board of 8000inc to safeguard our shareholders and their investment. Further statements will be issued immediately to our shareholders and the market as more information is reported. "
As a stockholder, it shows tremendous colusion when stock price drops as more share are taken at the ask, and at one point a few days ago, 4 or 5 MM's were asking the same .271 on EIGH and PNTV, same group including the above MM's and HDSN.(A rather odd ask, don't you think for a buying crowd unless you didn't want price to go up cuz you so short, munchkins look large) Since there has been reported inconsistances with some brokerage houses do you think you could do something like investigate and force naked shorts to cover? JUST WONDERING ABOUT REGULATION AND THE LAW WHEN IT COMES TO WHAT YOU GUYS CALL THE WILD WEST. Thanks for your immediate correction of this unequal and manipulative price fixing and naked shorting allowed by a few who can by just swapping the names on the shorts at night to different MM's so as to avoid the 3 day rule having to report on the Fails-to-deliver log. Nite Trading is on the ask and bid on these stocks today at about the Same Time??? PNTV and EIGH! So who's looking out for the stockholders?
Cooper
AI
