EIGI shares will go to $0 .00 per share, as the company will struggle to service its debt. Normalized EBITDA margins do not cover interest expense . Recent years’ reported EBITDA benefited from attracting Blinkx - like revenue (spam/malware, terrorism, etc . ). EIG profits at the expen se of its customers (service outages, poor customer service, etc. )

We may get some things wrong about Endurance, but we remain confident that shares will approach $0.00 per share, given the totality of our findings , both in the report – and to be released in the future .

Gotham City Research expects : EIGI will ‘beat’ its Adjusted EBITDA estimates today ( just as we expect university students to ‘ace’ self - graded exams ) . Endurance will aggressively dangle its vague $500 million Adjusted EBITDA long - term goal , hoping to fool some investors into think ing that the previously disclosed $500 million figure is new information, when in fact, the $500 million target is old news from several months ago.

A Question Regarding Malicious Activities Question: Did your employees deliberately target customers with in the internet underground community, despite knowing that these accounts would be used for malicious activities, in violation of your own terms of service ? Were your employees instructed to do so?