8000 Incorporated (EIGH)

[papaul]

Making Sense Of SEC’s NOBO-OBO Rules

The NOBO-OBO rules, adopted by the SEC in the mid-1980s, govern when an issuer may obtain a list of its street name shareholders who have not objected to such disclosure. These shareholders are “non-objecting beneficial owners,” or “NOBOs,” while "OBOs" are shareholders who have objected to the disclosure of their identities and share positions.

http://www.kattenlaw.com/files/Publication/00d8acef-ddcb-4de1-8422-327bfd66cd59/Presentation/PublicationAttachment/b34c5bd2-95fc-409a-9fdb-364d74c0d2ee/Zarb_Law360_NOBO-OBORules.pdf

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"Nowhere in that PR does the phrase "naked short" appear, nor is the company looking for one (or they would have pulled a NOBO/OBO list and compared it with the TA)."

Go EIGH
papaul