Replies to post #86177 on 8000 Incorporated (EIGH)

[Virtual Drew]

The SEC "found nothing"?

How so?

Last sentence of paragraph two in the SEC's release:

The Commission's investigation in this matter is ongoing.

Don't suspect for a second, because the 10-day suspension has concluded, EIGH is in the clear.

If that's the case, you will be sorely mistaken!

[jerseyboy73]

Your out of your tree....first of all go and read about what the functions are of a MM...also what rules they are governed by..Second there is NO NSS...Third a MM cant short nor take inventory on a stock that does not have a 15c211 on file...fourth the sec would NEVER suspend a stock if they did not find something wrong....

[Brad S]

The SEC had to look into these 'claims' simply because of the volume of 'complaints'.

I'm quite sure the SEC looks into claims made about a lot of stocks but, that doesn't mean they automatically suspend them. When the SEC suspends a stock, they have damn good reason. And the reason is never because of NSS.

[EarnestDD]

WRONG ... please do some DD. You will find that the 10 day suspension was applied and EIGH came off suspension just like every other company that has been suspended in the past.
The Investigation is ONGOING.
Charges will be Forthcoming.

As there is NO NSS ... there is NO shoe to drop.
Keep Dreaming.
jmo

It would appear that they found nothing of concern regarding the dividend announcement or anything to do with Monk's Den. It's quickly back (on the Greys, no surprise there) and now the MMs are waiting for the NSS shoe to drop, which it will shortly.