[EIGH]: the_worm06 reduces stock price prediction on scam company 8000 Inc.

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the_worm06 reduces stock price prediction on scam company 8000 Inc. (EIGH) from $0.01/share to:


$0.0005/share


The stock has been trading in the $0.015 to $0.02 ranged recently. The last correct stock price prediction of $0.01/share was achieved in less than 2 months from $0.37/share:

http://theworm06.blogspot.com/2010/11/eigh-yet-another-correct-stock-price.html





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[EIGH]: Yet another correct stock price prediction by the_worm06

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On October 3, 2010 the_worm06 predicted a $0.01 stock price for scam company EIGH. The stock price at the time was $0.37. So the prediction was for a 97% drop in stock price.


http://theworm06.blogspot.com/2010/10/eigh-theworm06-initiates-research-on.html


Yesterday, on November 18, 2010, less than 2 months since the prediction, the EIGH stock price reached the $0.01 stock price prediction of the_worm06, after trading began in EIGH after the 10 day trading suspension issued by the SEC for unreliable statements made in press releases by EIGH:


http://theworm06.blogspot.com/2010/11/eigh-sec-issues-temporary-suspension-of.html




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[EIGH]: Ryan Manley Enterprises LLC and scam company 8000 Inc. (EIGH)

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What is the relationship between Ryan Manley Enterprises LLC of Columbus, Ohio and scam company 8000 Inc. (EIGH)?

http://ryanmanley.com/

Ryan Manley Enterprises LLC
245 Morse Rd.
Columbus, OH 43214
tel 614-859-2221
fax 614-545-1149



The owner or Ryan Manley Enterprises LLC, promoter Ryan Manley, has been pumping and hyping EIGH all over the message boards with the alias "ryanmnly". EIGH has filed fraudulent financials with OTCMarkets/ Pinksheets, issued fraudulent press releases, including a $40 million cash windfall that never occurred and a $14.4 million cash dividend that was cancelled by EIGH on the day before the payment date and the announcement of the closing of several acquisitions that were never closed at the time EIGH stated that they had closed the transactions.

The SEC formally started the fraud investigation of EIGH and has issued a 10 day suspension of trading of EIGH stock with strong wording regarding the unreliability of press releases issued by scam company EIGH. Here are the details of the SEC suspension:

http://theworm06.blogspot.com/2010/11/eigh-sec-issues-temporary-suspension-of.html


The stock has fallen from a high of 44 cents/share to about 4 cents/share and should open trading in the 1-2 cents/share upon the end of the 10 day SEC trading suspension, yet promoter Ryan Manley is blaming all the problems on the "evil naked short sellers", something which is typically done with all of these scam companies as an excuse for the hundreds of millions of shares sold into the market by insiders and related parties.




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[SPNG]: Court orders Chapter 11 bankruptcy case converted to Chapter 7 liquidation case for Spongetech Delivery Systems, Inc.

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11/10/2010 148 Order signed on 11/10/2010 Granting the Motion of the Chapter 11 Trustee for an Order Converting the Debtor's Chapter 11 Case to a Case Under Chapter 7. (Related Doc # 139 ) (Cantrell, Deirdra) (Entered: 11/10/2010)

Doc 148 PDF file

http://viewer.zoho.com/docs/tb6bz







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[EIGH]: Is the SEC investigating Dr. Jerry S. Williams and his Monks Den?

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Well, by reviewing the reasons for the SEC to suspend trading in scam company 8000 Inc. (EIGH), it certainly seems so:

http://theworm06.blogspot.com/2010/11/eigh-sec-issues-temporary-suspension-of.html

The Commission temporarily suspended trading in the securities of 8000, Inc. because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, a cash dividend the company announced it would pay stockholders and Monk’s Den, an investment program and online investor network the company disclosed it acquired in September 2010. The Commission’s investigation in this matter is ongoing.




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[EIGH]: Monks Den's Dr. Jerry S. Williams (the "Monk") signed legal document as CEO of public company CDIV

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It appears that Dr. Jerry S. Williams (the "Monk"), who was pumping and hyping the public company Cascadia Investments Inc. (CDIV), was apparently also an officer and/or representative of CDIV, something which he failed to tell the investors that he recommended to invest in shares of CDIV.

Here is a post in the message board for CDIV on the Investorshub website by super cybersleuth Risicare that shows the details of the legal document that he signed as CEO of CDIV:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56379925



The biggest problem here is if he is found to have been selling shares of CDIV into the market while he was recommending for investors to buy and hold the stock in one of his "FLD" (Float Lock Down) stock plays similar to his recommendations of scam company EIGH.




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[EIGH]: Monks Den's Dr. Jerry S. Williams (the "Monk") and his PhD - Some clarification by super cybersleuth Janice Shell

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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56123863


janice shell
Sunday, October 31, 2010
4:14:13 PM
Re: A deleted message
Post # of 162981

Let's see.

Monk has said he was in the Navy between 1985 and 1989. That would mean he enlisted directly out of high school. Reports have it that he claims to have been an officer serving on nuclear subs. But how on earth could he have got through basic training, sub training, college and officer's training school in four years?

Monk himself set up a Linked In page for his Five Star Property Services company. On it he said he "attended" CCSU between 2002 and 2006.

http://www.linkedin.com/pub/jerry-williams/3/787/545

http://www.ccsu.edu/page.cfm?p=7423


Mind you, he was running Five Star at the time (it was incorporated in 2003), so he may not even have got a B.A. or B.S. CCSU does not have doctoral programs:

http://www.ccsu.edu/page.cfm?p=7423


Monk has told people he got his Ph.D (in structural engineering) from UConn. UConn keeps copies of all Ph.Ds' dissertations, and they also make them send copies to the UMI database:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33406946&txt2find=phd

http://www.lib.uconn.edu/research/collections/thesesanddissertations.htm


There is no copy of any dissertation written by him at UConn, or in the UMI database:

http://disexpress.umi.com/dxweb


In addition, if Monk were any kind of engineer, he would have had a PE license. He never did. Search by name:

https://www.elicense.ct.gov/Lookup/LicenseLookup.aspx


Hope I've cleared that up.




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[EIGH]: The SEC issues temporary suspension of trading of securities of scam company 8000 Inc. (EIGH)

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http://www.sec.gov/litigation/suspensions/2010/34-63242.pdf


UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 34-63242/November 4, 2010

IN THE MATTER OF 8000, INC.

The Securities and Exchange Commission (“Commission”) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”) , of the trading in the securities of 8000, Inc., of Manassas, Virginia at 9:30 a.m. EDT on November 4, 2010, and terminating at 11:59 p.m. EST on November 17, 2010.

The Commission temporarily suspended trading in the securities of 8000, Inc. because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, a cash dividend the company announced it would pay stockholders and Monk’s Den, an investment program and online investor network the company disclosed it acquired in September 2010. The Commission’s investigation in this matter is ongoing.




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[EIGH]: Scam company 8000 Inc. Gags its Stock Transfer Agent regarding the release of Share Structure data

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The following is a copy of an email received by a stockholder of scam company 8000 Inc. (EIGH) from EIGH's stock transfer agent, Signature Stock Transfer, Inc.:


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56204363

JustGoLong
Tuesday, November 02, 2010
2:11:04 PM
Re: JustGoLong post# 81409
Post #81458 of 81556

Thrill...I tried to confirm your statement that "management is currently buying back shares", but it seems the share structure is gagged. Why would they do that?

From:Jason Bogutski
Subject:FW: 8000 Inc (EIGH) share structure uh4
Date:11/02/2010 01:34 PM
To:XXXXXX

**As of August 4, 2010: Signature Stock Transfer, Inc, will no longer provide share structure information for any of our clients to non-affiliates without the issuer's consent other than brokerage or clearing houses. Please refer to public sources for latest company filings such as Edgar filings, the SEC website, or the issuer's website.

Thank you

Jason M. Bogutski-President
SIGNATURE STOCK TRANSFER, INC.
2632 Coachlight Court
Plano, Texas 75093
Telephone 972.612.4120
Facsimile 972.612.4122
Email – signaturestocktransfer@msn.com




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[EIGH]: Dr. Jerry Williams' Monks Den trading seminars and scam company 8000 Inc. - a "mark" spills the beans

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Take some time to review how an innocent investor was suckered into investing into scam stocks CDIV and EIGH by Dr. Jerry Williams and his Monks Den trading seminars and promoters that work for him. "FLD" is a term for "Float Lock Down" where these scamsters claim to buy up all the float of a scam company such as 8000 Inc. (EIGH) in a manipulative attempt to force a short squeeze and a significant increase in the stock price.


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56176616


Ninja7
Tuesday, November 02, 2010
12:41:34 AM
Re: None
Post #161837 of 161859

Some thoughts from an ex-CDIV believer…

I discovered the FLD’s back at the start of the year and invested some in both E and CDIV back in Jan. I gradually sold other stuff and invested a bit more in E and a lot more in CDIV as it started to move up. I became so convinced that the FLD idea was legit as CDIV moved from .06 to .40 that I signed up for the PHX Monkinar. I actually don’t regret going to that. It really wasn’t about the FLD’s. It was mainly Monk’s techniques for reading charts and day trading. It was, however, pretty basic stuff that you could pick up from reading any decent webpage on charting (and most of it I already pretty much knew). It was also nice to meet a lot of the people behind the aliases. I have to say that I still believe most of the people involved in these things are good people that genuinely mean well and care about each other.

In PHX, we did discuss CDIV and the FLD’s briefly. A few things bothered me about the discussion. The first was that there was no one who was involved with the supposed EV** short squeeze that was still around. They were all rich and retired and in hiding now. The second was that Dr. Jerry could never really give a compelling reason why the MM’s would dig so deep a hole to create such an amazing squeeze or what would be the catalyst to trigger it. The third was the fact that Jerry said he wasn’t going to teach us how to screen for chart plays as he didn’t want to distract us from putting our money in the FLD’s. I know. I know. Big red flags. However, it was easy to ignore all that when my .10 average price CDIV shares were running up several 100 percent.

Like a good team player I hit the ask much of the way up as I watched CDIV reach 0.70. I didn’t sell a share even though I knew selling some on the run up to lock in profits was just good common sense, but I didn’t want to hurt the team. I watched CDIV trickle all the way back down into the teens, again never selling a single share. It was when the G stock also ran up to 0.70 and started a similar fall at the end of the summer that I started to really question the whole FLD idea. When the FLD hype got pulled from the den ibox and the Monk was too busy flying his plane to support his troops, I really started to worry. I did some digging into Monk’s old posts on the hub and into the EV** story. I discovered that EV** was not a short squeeze but a pumpfest galore during its crazy run up (try googling “riding hype to the moon” and check out the first result from Canada that shows up). I soon became convinced that the whole FLD idea was nothing more than wishful thinking at best and an outright, if not illegal, scam at worst.

In early September, I decided to exit both E and CDIV. It was just a question of when. I got lucky with E and was able to ride the hype up before I got out. I started selling both of them the day after the absolutely ridiculous E divi PR. It that didn’t convince you the FLD thing was bogus, I don’t think anything will.

So why I am saying all this now? I just think it’s the right thing to do. I wish I had done it sooner before everything had completely collapsed. I’ve met many of you in person and think you’re decent, honest people, but I also believe that a squeeze is never going to happen. Some of you have risked your entire savings and even mortgaged your home in the hope of making it rich off of this crazy idea. If this post ends up saving even one person from flushing what’s left of their money down the toilet, then it’ll be worth it. We’re all grownups, and each of us must make our own decisions, but if you’re going to stay in this thing at least think through some of the stuff that has happened in the past couple months. Look at how Monk has handled this. Look at how these stocks have behaved, and consider what people like XB are saying. Not everyone who questions what is going on is a basher or an MM plant (do you seriously think the MM’s have time for message boards?). Some of the people around here have a lot of experience in the wild west of the pinkies and seem to be straight shooters with believable answers.

I’ll admit that part of me wants to believe this whole FLD thing is just a sincere but misguided idea that went bad (no harm, no foul), but given everything that has happened, that seems as likely as CDIV actually squeezing one day. I genuinely hope it’ll work out well for those of you still holding and buying, but all the evidence indicates that these things will be sub-penny soon. I’ll confess that it’s hard to admit I got taken in by the craziness, but I suppose admitting I got taken in is the first step to not getting taken in again.



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