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alien42

01/17/11 11:49 PM

#95111 RE: LoneGrey #95109

desperation is making outrageous false claims like EIGH having $40M cash, sound familiar?

those making such fraudulant claims should be prosecuted in a court of law.
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52wkhi

01/18/11 12:03 AM

#95115 RE: LoneGrey #95109

can there be any doubt as to why people enjoy watching scams such as EIGH continue until they and all associated with run out of rope?
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Craig Baker

01/18/11 12:11 AM

#95118 RE: LoneGrey #95109

Let's just spit this out for shizznits and giggles (just because I'm having a hard night at work and need to take a break).

Here is the total volume that has been traded just (2010) ok. As we all can see, there is only 2 mm's that have traded shares on this security since suspension. NITE and ETRADE.

http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=EIGH&SortBy=volume&Month=12-1-2010&IMAGE1.x=15&IMAGE1.y=2

For the entire year (2010) Just between NITE and ETRADE, there has been 251,108,927 shares traded just between those 2.
We are not even talking about the rest of the MM's for the year ok and we are not talking about previous years and such, just (2010) so let's keep that in mind.

Now, Here (link below pg 17) we see where the company talks about their share structure.
Ticker: EIGH.pk
Shares Authorized: 700,000,000
Shares Outstanding: 143,824,000
Shares available to issue: 556,176,000
Restricted shares issued for the acquisition of Sky Villas Realty 5,000,000
Actual Available Public Float: 72,391,750.
Beneficial Owners holding more than 5%
As of September 30, 2010, there are no known beneficial owners holding more than 5%, identified
individually. According to the shareholder records as of September 30, 2010, there are three recorded
5% beneficial owners, identified by cleared certificate number (greater than 7.19M shares held) and 32
recorded 1% beneficial owners of the company’s common stock, identified by cleared certificate
number (greater than 1 million shares held). These certificates are held by Charles Schwab, E*Trade,
Legent Clearing, National Financial Services LLC, Penson Financial Services Inc, Scottrade Inc
.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38324

Somehow it seems as if the math is just above my head on this one boys and girls because everytime I try to work it all out, it shows a large short in this stock. Please keep in mind that 71,432,250 shares NEVER hit the market and was being held as part of a financing agreement (PAGE 12 IN LINK BELOW)
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38324

The relative float has increased due to the fact that as
explained through public disclosure, 8000inc has been able to utilise “its” stock to create cash finance
for the acquisition of businesses and the progression of the core business. The stock utilised for this
purpose, is non-dilutable and is not placed on the market. Therefore, the actual available float remains
72,391,750.


I'm just having a hard time with this one....... I'm also of the opinion that the SEC has all the information they need too along with some "other organizations that wear badges to work". I just hope for the sake of all EIGH shareholders that all information is correct and accurate (WHICH I BELIEVE IT IS as the SEC would have re-suspended them if it was not). I still have hope that all wrongs will be righted here. Atleast that is my prayer anyways...... GLT"us"ALL
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EarnestDD

01/18/11 12:48 AM

#95127 RE: LoneGrey #95109

ZERO Naked shorts on EIGH and claims of it going higher = DESPERATION.
jmo
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Jimthorpe

01/18/11 3:51 PM

#95263 RE: LoneGrey #95109

Lone grey, what is your take on alexandro's announcement about no merger, im sorry late here