[EIGH]: Cybersleuth "overachiever" posts comments on scam company "8000 Inc."

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Take some time to review what top cybersleuth "overachiever" has to say about scam company "8000 Inc." (EIGH):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55258661


overachiever
Thursday, October 07, 2010
12:41:42 AM
Re: ctay post# 69004
Post #69014 of 69027

ATTENTION ALL NEWBIES***IMPORTANT EIGH INVESTOR DD

Before you fall for the hype about this stock read these facts:

1. Smoking Gun SCAM EVIDENCE:

EIGH is using a virtual address which just so happens to be the exact same virtual address of another scam company, EWPI. (WHICH IS ANOTHER of WILLIAMS FLD PLAYS) Oh well, it's about what one would expect.

Its the very same suite number as EWPI uses. It is a Regis virtual office. Lots of total scams use them.

I guess we are meant to accept that this "company" with 12 subsidiaries uses a virtual office? LOL That is funny.

Especially when you consider the fact that EWPI was a Monks Den FLD play as well.

So, we have two FLD plays using the same address at the same virtual office suite number. SCAM is all that comes to mind.

2. MORE SCAM EVIDENCE.

Williams markets himself and Monk's Den (which is part of EIGH) by claiming he is a former naval officer and holds a PHD degree from UCONN.

No one can find any evidence that these claims are true and it is not hard to verify a PHD degree. You see PHD's file their Doctoral Thesis into a world wide database. Interestingly enough, Williams's thesis is nowhere to be found within that database. Is he lying? It sure looks that way.

A man that will lie to you about his education will lie to you ABOUT THINGS OF FAR MORE importance-- Like what he is really trying to do with your money.

3. EIGH ACCOUNTING LOOKS VERY BOGUS.

This is a simple matter which anyone can see whether he or she has a background in accounting or not. The quarterly financial reports filed with pink sheets do not reconcile with one another.

The ending numbers plugged into Q1 and the beginning numbers plugged into Q2 are different. Since the company claims they had no acquisitions during the period there was no consolidated report filed so these numbers should be exactly the same and they are not. It looks as though they just sat down and entered whatever they thought looked good enough to fool you, the investor.

4. The company claims to be setting up a cotton plant in Barbados but shows no assets under plants and equipment. Sorry charlie. That ain't gonna fly.

5. The company claims to be in the clothing business but has no inventories shown in their financial statements. OOPs! That's a dead giveaway that something is seriously wrong with this company's claims.

6. The company claims to be operating 12 subsidiaries but only shows salaries of 42,000 for Q2. That is less than 900 dollars per week in salaries for each sub and what is worse, it shows they still owe the money. Is everyone at all 12 companies working for free?

You see, this is the problem with pink sheet scammers. They never remember to keep their stories straight and are usually outed by their own statements.

7. EIGH claims they will be paying a 10 cent per share cash dividend. The problem is that they do not have enough money in their retained earnings to pay such a dividend and this is an absolute requirement. Additionally, the only dividend they have filed with FINRA is a half penny dividend. They promised to change this by the 3rd of October, but they have not done so. It looks like they have been using lies about a phony divi to induce people to buy their stock.

EIGH? Proceed at your own risk. Let the buyer beware.

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