Janice, it is obvious to me why the company is looking for new management. I'd bet that the SEC has already indicated that all executive management and the BOD's will be permanently BANNED from running a public company. This is a normal penalty to the management of a firm that has committed the type of fraud that appears to have occurred here.
Secondly, I'm sure what people are "trying" to refer here to is that some other "entity" would reverse merge the EIGH business (is there a business? LOL) into a new shell and shareholders of EIGH would receive some portion as a dividend in the new shell.
From experience, THAT WILL NEVER HAPPEN.
My two cents worth, which IMO is all EIGH is worth, and I don't mean 2 cents per share!
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