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Monday, June 20, 2011 12:25:31 PM
You can have NO certainty about the SEC investigation because the SEC will not discuss any details until a finding is released. At this point, the most that can definitively be said is that EIGH may have been awkward in their PRs. So any affirmation that a company is LYING is simply irresponsible.
Yes, the PPS has dropped. No doubt the FUD created by relentless negative postings and manipulation by those who NSS'd the stock.
Monk has not vanished and is still working. What has been stated over and over and over for those that claim otherwise is that because of the SEC investigation, he cannot make any statements concerning EIGH. A fact.
The dividend was based on the PPS at the time and NO ONE ever said what the amount was to be. When the PPS was driven down by the relentless attacks, it was withdrawn. Companies can change a dividend at any time, for a variety of reasons. Happens all the time.
They also did not LIE about the windfall. It, too, was based on the PPS at the time.
They did not LIE about the merger. It was discussed and planned, but circumstances changed. Happens every day with companies.
They did not LIE about the takeover of Monk's Den. See above. To use the phrase LIE is irresponsible.
They did not LIE about the share transfer. This has just been delayed by regulators, but for reasons that have not yet revealed. To use the term LIE is irresponsible and false.
They did not LIE about businesses. The parties behind the NSS (which are PROVEN to exist and all evidence is now in the hands of the SEC and FINRA - let's wait for their decision) tried to kill EIGH by manipulating the PPS down to current levels. The businesses were in progress and in planning stages, but without funding, they could not be implemented.
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