News Focus
News Focus
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Tavycal

11/16/10 12:27 PM

#84441 RE: caltrader #84438

The SEC has,by their suspension, proved that statement as a lie.
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EarnestDD

11/16/10 12:37 PM

#84442 RE: caltrader #84438

No audit done .... just fabricated numbers to sell shares to newbies?
jmo
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overachiever

11/16/10 1:04 PM

#84446 RE: caltrader #84438

NEW, REVISED LIST OF WHOPPING LIES FROM EIGH

The lies from the EIGH swindlers have been many. EIGH is now under an investigation by the SEC and has been booted down to the grey market. After seeing many of the lies they have told investors, is this very hard to understand why?

EIGH LIES-- NUMEROUS AND EGREGIOUS

EIGH claimed the transfer agent (Signature Stock Transfer) has conducted an audit of the share structure which indicated that up to 93 million shares have been found to be naked short on EIGH. The President of Signature denies this is true and has stated that such claims are "grossly inaccurate" and that "one should not believe them".

EIGH lied about the dividend. Worse yet, they didn't bother to tell people they would not be getting the divi until one day before they expected it to be paid into their accounts.

They lied about having acquired Monk's Den. Williams says the deal is not yet completed.

They lied about Monk's Den Revenues. The company did not exist until two weeks before EIGH said they bought it, yet EIGH told investors it was currently doing 5 million dollars per year in sales.

They lied about the Southbridge Development Group Acquisition. Last year, they said they bought it. They included it in their financial reporting on Pink Sheets. Yet last week, they said they were working on "finalizing the acquisition".

They lied about controlling the Southbridge Hotel and Conference Center. Franklin Reality Advisors owns and controls this project.

They lied about the Sky Villas acquisition. They said they bought it in January, yet Sky Villas did not exist as a company until February.

EIGH created false financials and filed them with Pink Sheets. The numbers plugged into the reports do not reconcile. The filings are fraudulent.

EIGH tried to deceive investors about owning a Casino. They do not own one.

The lies just go on and on and on and on from EIGH

ONE MORE MONSTROUS LIE FROM EIGH

And this one was really a whopper.

The missing 40 million dollars of "retained profits"

The 40 million dollars that the lying scumbag CEO Kelly claimed in PRs and emails had come in during September to EIGH as a "relative earnings windfall" or "retained profits windfall" (depending on which PR or email one might have read) is nowhere to be found on the third quarter income statement or the balance sheet.

Kelly had previously said this is what EIGH was going to use to pay the dividend that EIGH never paid.

Looks like EIGH (Kelly) was lying again. What a shocker. lol.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38282
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pizzaclown

11/16/10 1:22 PM

#84458 RE: caltrader #84438

Good stuff, wicks!
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ctrumabll

11/16/10 2:51 PM

#84472 RE: caltrader #84438

Anybody ever heard of Universal Express?

They claimed to be a victim of naked shorts.

The CEO was printing billions of unauthorized shares and peddling them in order to buy chartered jets for his kid's birthday parties.
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Blinton

11/16/10 10:53 PM

#84571 RE: caltrader #84438

"There are approximately 236MM shares that can be accounted for in the market out of a total issuance of 143MM."

At least 93 million shares short or over 70% NSS.

"We have only scratched the surface. We believe if the independent market sees the audit, they will reach the same conclusions and if they believe what are the facts and invest,then there would be, in our opinion, only one conclusion and one result"


I find this most interesting, thanks for sharing!