8000 Incorporated (EIGH)

[loanranger]

"I hope this clarifies the information."

Not for me. Anybody care to clarify it a little further? Starting with this:

"However, the audit indentified some interesting facts which we are looking into. To give you an idea, one brokerage shows through the transfer agent certificate audit that they hold 35,464,468 shares in their recorded and certified accounts, with each share recorded by individual specific certificate numbers."

I thought that the shares of a company held in a brokerage account were reflected in the records of the transfer agent in the name of Cede & co., with the numbered certificates also associated with Cede. So what does he mean when he says "each share recorded by individual specific certificate numbers"?

There's lots more that I don't understand, but if anyone can help me understand this little piece I would appreciate it.