Replies to post #79079 on 8000 Incorporated (EIGH)

[Fire Lane]

restricted reschmikted. you wanna know how long that stock will be restricted using a broker like jerry williams offshore in the bahamas?????? about 3 days while they either do a contract short ( hypothocate ) or get one of their barbadian lawyers to write an opinion letter. Thats how long that stock will be restricted. 3 days max

[timmyjames]

still makes no sense...restricted or not, eventually those shares would be clear for sell, back into the float, which they plan to reduce

and they have this 40 million (so they say) that they planned on using for a divi (so they day), and now they plan to use it for the buy-back (so they say), and if they did indeed proceed with a buy-back, they would have plenty left from the 40 mil...just odd, imo


edit: and like someone else said, it would be in the 10s of millions of shares...equal or more than the post buy-back float