Replies to post #54449 on 8000 Incorporated (EIGH)

[texaswisdom]

I like it...I like it a lot! Very nice day for EIGH...and good times ahead ;)

[caltrader]

"Due to the significant reported shareholder equity, should this cash dividend fall below $0.10 per share, the company reserves the right to convert this payment to a 1 for 10 (10%), stock dividend ensuring shareholder value and return.

The company has either option available to them.

Absolutely awesome. Unless you are short that is. LOL

[Tirunesh]

There are more tricks in the bag to account for all shares. I believe a big one will be used at just the right time in next 4 weeks. You all are only looking at the most simplistic scenario. More arrows still in the quiver. IMHO

[beulah]

If the retained earnings are $900,000+, and the OS is about 140,000 shares, then it would seem that 30% of the retained earnings would be about $300,000 and that would represent a cash dividend of about $.03. These are round numbers only, and if my math is reasonably correct, that would not meet the $.10 necessary for a cash dividend. Am I correct in this? I really hope not because the cash dividend would be best for all of us.

[Cube]

either way, when a 'dividend' is declared all brokers will be pinged for the absolute correct shares held. Enough said there Xbig. The levers are being put into place.

[Mikey]

Did you guys check this out?.....i posted it last week on the news....was anyone able to confirm this?

xbigshot1 Share Thursday, September 16, 2010 4:30:28 PM
Re: None Post # of 60700

re: dividends........it the dividend is a 'cash' dividend the shorts would be required to cover.........if in fact, the retained earnings of 30% do not meet the .10 pps price, the divy will be a 10% dividend of shareholder i/o via share distribution and if thats the case, short covering is not required....only on 'cash' dividends is covering required.......they will probably use the retained earnings to purchase the additional shares and distribute to shareholder of record on said date.....this 'appears' to be a 'divy' rather than a forward split.....i have a call into mr. kelly to get clarification......either way, when a 'dividend' is declared all brokers will be pinged for the absolute correct shares held......this would include nobo an obo.....all of them!

this is actually a pretty smooth move!

i am pretty sure all the above is correct.......