8000 Incorporated (EIGH)

[mytigger]

That's 100% correct. The company has already stated that there is a large short position (illegal) and has released several PR's citing examples.

For anyone wondering "Why not pay the 10% share dividend?"... I'd respond "Why would the company want to issue more shares when it just announced it was going to reduce the float to 20M shares?" LOL... issue free shares to share holders so the company could turn around and have to buy them right back? LMAO that wouldn't be a very sound business decision.... and make no mistake, this is a very good business.

The company has stated very plainly that there are entities (overseas Hedge Funds) manipulating the valuation of their share price and they will not tolerate it. Reducing the float is their way of remedying any illegal short sales and price manipulation schemes. Merging with a company on an higher exchange is another way this violation of SEC regulations can be dealt with directly.

I feel quite confident that 8000inc has already contacted the SEC in regards to the manipulation of their stock by foreign investors.

Any nervous investors need to understand that there will be no halting of the stock due to a cancelled divi, particularly one that was cancelled for reasons that were clearly explained.