8000 Incorporated (EIGH)

[Mike87]

You are correct, and, the SEC will not let up anytime soon. The SEC will probably take EIGH, as it exists now, down. By EIGH doing this merger, they are trying to form a new entity separate from EIGH and start fresh, free of bad press.

Has anyone even stopped and thought about what type of company would even merge with a company like EIGH who is under investigation by the SEC? Most contracts I have seen even similar in nature to a merger have a clause that clearly states that the company being "assimilated" must be free from litigation. Any company who wants to be associated with a company under SEC investigation must not have much of a reputation to protect. Just use your heads on this 1.

And they cant sue you for posting your opinion. Just don't misrepresent yourself and make it clear that you are posting facts or opinions in good faith and without malice. The very nature of this website says that it is opinion based and no reasonable person would rely substantially on what they read here. Also, for a party, in this case EIGH, to enter court with unclean hands is almost always legal suicide.