[EIGH]: The Pathetic criteria used by Promoter Ryan Manley (ryanmnly) to invest in companies

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Truly pathetic that the Promoter Ryan Manley (ryanmnly) cares less about the fundamentals of a company when investing in the stock. This is what promoters of scam companies do - anything to attempt to get innnocent investors to buy the stock of these scam companies, including 8000 Inc. (EIGH). In a true description of how lowly this promoter is, he claims that he doesn't even care whether a company is a scam or not....amazing!

from the Investorshub.com stock message board:


ryanmnly
Monday, November 22, 2010
5:48:03 PM
Re: GreasenUSA post# 317930
Post #317934 of 317959

I honestly don't care about the company. Fluff PRs, botched dividend, and no sign of a merger or acquisition yet have not exactly improved my confidence in fundamentals. However, I only care about the NSS and their ability to flush it out into the open. If they can do that, then I will gladly re-evaluate when this is all said and done.



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ryanmnly
Friday, November 26, 2010
7:49:35 PM
Re: A deleted message
Post #318156 of 318161

Your questions obviously have answers people are unwilling to truthfully state. Pretty much sums it all up.

As for how terrible EIGH is or isn't, it doesn't matter. They can knock on it or any other company all day long but it literally has zero importance. Abusive NSS is illegal regardless of whether the company is good or bad and since most of us are holding because of the NSS issue, fundamentals are irrelevant. If they really want their shares back, they would be better off proving the NSS doesn't exist. This of course is impossible, so they choose to ignore it and divert attention elsewhere.


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ryanmnly
Monday, November 29, 2010
1:50:35 PM
Re: thewicks17 post# 88920
Post #88945 of 89123

The fundamentals don't matter anymore. I'm not sure why everyone is arguing over it. I couldn't care less about whether they lied or didn't lie, incompetent or not, scam or whatever. Let's stop dancing around the primary point in question here.

We say there is a large unrecorded short position. They say there isn't. If we don't sell, they can't cover. If there is no large unrecorded short position, they don't need to cover. At some point, these conflicting statements will come to a head, but neither side is relenting nor will they until forced to.



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ryanmnly
Tuesday, December 14, 2010
8:22:36 PM
Re: Risicare post# 91157
Post #91183 of 91193

There you go again. You can not process the concept that we don't care about the fundamentals. It makes no difference whether they make t-shirts or toothpicks or space stations. We are here because we hold proof of the naked short selling abuses, which the SEC is now looking into.




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[SLJB]: The Ontario Securities Commission Seeks $6 million from Sulja stock scam profits

From super investigative journalist Gary Rennie of Canada's The Windsor Star:


http://www.windsorstar.com/business/seeks+from+Sulja+stock+scam+profits/3909712/story.html


OSC seeks $6M from Sulja stock scam profits

By Gary Rennie, The Windsor Star

December 1, 2010

The Ontario Securities Commission wants the Sulja Brothers "pump and dump" stock fraud schemers to give back almost $6 million in profits.

But mostly blaming each other at a sentencing hearing Tuesday, the five Windsor-area residents convicted in the fraud said they're broke.

"The money I have in my pocket is all I have," said Petar Vucicevich after an OSC hearing Tuesday was told he alone made about $3.5 million from the stock fraud.

Nicknamed "Black Pete," Vucicevich surprised his Colchester Village neighbours when he began driving a Range Rover or a Maserati and flashing big rolls of money when Sulja stock was being hotly traded in an electronic, over-the-counter market called the Pink Sheets in 2006 and 2007.

The penny stock scheme was concocted to bail out the small Harrow-area lumberyard founded by John Sulja more than 20 years ago, but struggling to survive the building slump that began in 2005.

Vucicevich said about $1 million made from the stock sales went back into the lumberyard or an expansion effort out west.

"Nobody walked away with bags full of money," Vucicevich said.

Vucicevich claimed one of his lawyers kept $350,000 of his money that was supposed to pay his taxes. Revenue Canada is now chasing him for $240,000 in taxes owing, Vucicevich said.

Vucicevich blamed his Texas partner Andrew DeVries and a slew of lawyers for bad advice that led him and others to think what they were doing was legal. "I should have been a lot smarter," he said.

Vucicevich claimed DeVries was the mastermind of the scheme and wrote all the press releases.

"This is quite simply an egregious case of fraud," said OSC lawyer Usman Sheikh.

Sheikh said close to 500 million shares of Sulja stock were sold at inflated prices to investors while 100 or so press releases were issued claiming business deals worth hundreds of millions of dollars were being made.

"The respondents were in effect printing money," said Sheikh. There is "not a scintilla of evidence to support the vast majority of their claims," he said.

Sheikh asked for a $750,000 fine against both Vucicevich and DeVries, and a "disgorgement" order that would attempt to seize money and other assets realized from the fraud. Anything recovered would go into an OSC investor education fund.

Fines of $125,000 each were sought against brothers Steve and Sam Sulja, Pranab Shah and Tracey Banumas as lesser figures in the stock fraud.

Sam Sulja made $100,000 in one stock trading account in his name while another account he managed in his father's name showed a $350,000 profit, the OSC said.

Banumas had a $110,000 profit in a stock trading account in her name, while the OSC said Shah's account showed a $200,000 profit.

Lawyer Khalid Sheikh (not related to the OSC lawyer), represented Sam and Steve Sulja and said the brothers trusted Vucicevich, who wrote the press releases and directed the stock trading.

The defence lawyer said Sam and Steve Sulja have since found work as labourers and Steve lost his house after the stock investigation.

Banumas said she went to work for Vucicevich as an office administrator and was told the stock sales were legal. She's now living in her mother's basement in Kitchener and hasn't found new work.

"If I had $110,000 in my bank account now, I'd be pretty happy," Banumas said. She does volunteer work for the local police department to keep busy.

Shah, a University of Windsor grad, said he was originally hired by Vucicevich as a planner, and knew little about stocks. He's now working as a consultant while trying to finish a master's degree at the University of Waterloo.

Shah said his Windsor immigration lawyer Ayemand Haddad advised him the stock sales were legal. "I got the green light from my attorney," he said. "It was an honest mistake in a way."

Vucicevich asked for a one-year delay on any fine imposed so he could defend himself on a criminal fraud charge laid by RCMP, who also investigated the penny stock sales. Vucicevich said he couldn't afford a lawyer.

OSC hearing panel members Patrick LeSage and Senan Akendiz reserved a decision on the sentencing. LeSage warned Vucicevich that the odds weren't good for getting the one-year delay.


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[EIGH]: Anatomy of the Float Lock Down (FLD)

GOAL
The intent of this message board is to inspect the anatomy of the latest securities manipulation scheme coined the - Float Lock Down (FLD).

http://investorshub.advfn.com/boards/board.aspx?board_id=19351





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