the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Thursday, November 11, 2010

[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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5 Comments:

Anonymous Anonymous said...

IHUB is a cesspool, whose business is to provide the public forum that scammers like Ryan Manley need to trap their victims.

Shutting down IHUB should become a priority of the SEC.

8:00 AM  
Anonymous Anonymous said...

EVERY forum becomes that. Information transfer serves those who wish to make money legit, and those who wish to separate you from your money in other nefarious ways. iHub, HSM, SiliconInvestor, etc. It is YOUR job to navigate through the nonsense, not theirs. -Jest

9:58 AM  
Anonymous Anonymous said...

"It is YOUR job to navigate through the nonsense, not theirs."


That's a strange attitude. You're saying it's fine for those businesses to allow fraud and illegal stock manipulation schemes to be perpetrated against the public through their forums because it's the public's job to "navigate" through it, and not their job to disallow it.

Not only is that pure nonsense on the logic, but also because those businesses are committing crimes themselves by knowingly facilitating those fraudulent activities.

7:32 AM  
Anonymous Anonymous said...

I know Ryan Manley. He is not nor has he ever been. "scammer" as you claim. Better get your facts straight before you find yourself on the short end of a lawsuit. If you disagree with someone, that's fine, but in this case you are irresponsibly attacking someone who believed in the company you refer to and ended up losing in the end. If you fashion yourself as a news reporter, then research you facts. Posting false and damaging lies about someone is indeed illegal.

6:06 AM  
Blogger the_worm06 said...

Anonymous,

Ryan Manley pumped and hyped the stock of scam companies EIGH and CDIV with the use of false and misleading statements and viciously attacked the cybersleuths that brought out the truth about these companies, including libeling these cybersleuth by calling them "criminals". He defended and supported Promoter "the Monk" (Jerry S. Williams) while doing this.

Who is this promoter Jerry S. Williams that Ryan Manley defended?

This will give you a clue:

http://theworm06.blogspot.com/2012/07/eigh-scam-company-promoter-jerry-s.html

11:39 AM  

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