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ibreken

12/12/10 3:09 PM

#90870 RE: mytigger #90867

EIGH will never recover, but let's give it the benefit of the doubt and say it does (meaning the SEC finds no problems...of course this is ridiculous but just for illustration purposes we'll say they somehow come out of this unscathed)...the business has been illustrated even if clean to not exceed a value of a couple of million dollars. That doesn't even get you to 2 cents a share. The problem with the theories being thrown around here shouldn't be concentrating on why it went down...they should be concentrating on the fact that it never should have went up in the first place and the isn't a chance in hell it will do so again. By all means explain to me why a 'possible' retail outlet selling TShirts nobody other than the FTD crew is interested in should be valued at such an outrageous value. $2 million is being far too generous. Best case scenario the now dirty shell is worth less than a $ million, and clean the business would be worth a $ few hundred thousand. Divide that number by the number of shares here even by the company's official count and tell me what makes you think anyone will ever see their losses recouped.