MANASSAS, VA, Feb. 3 /CNW/ - 000 Inc. (EIGH.pk) announces that it has
provided the SEC today additional details of EIGH's proposed merger
with an OTCBB company per a February 2, 2011 SEC subpoena on the topic.
EIGH has confirmed with the SEC that it intends to issue a public
statement about the status of the current inquiry and has requested the
following of the SEC Staff:
It has no objection to the Company's proposed merger in the interim; and
It has no objection to EIGH's request for its common stock certificates
in the merger be recalled [returned for cancellation] as part of the
Those discussions are expected to ensue shortly.
Legal Counsel, through a second submission, will be:
~ Providing documents identifying the individuals EIGH believes is
responsible for the public posting of fraudulent and false allegations
made against the Company on internet investor forums and blog sites.
~ Supporting evidence to prove clear association between ALL these
matters, and the individuals responsible, is also being given.
~ Submitting further information relating to the fraudulent use of the
Company name and marks (including factual documents identifying the
recorded publisher of the illegal content on www.8000inc.com (a former EIGH website that has been hijacked) and the associated
Shareholders and the public should also be aware that due to the
apparent refusal of at least one brokerage firm to provide a physical
certificate to one of its clients, an independent EIGH shareholder, a
complaint has been filed with the SEC and a case number now formally
EIGH will continue to keep its shareholders apprised as events unfold.
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This news release contains forward-looking statements that are subject
to certain risks and uncertainties that may cause actual results to
differ materially from those projected on the basis of such
forward-looking statements. The words "estimate," "project," "intends,"
"expects," "believes," and similar expressions are intended to identify
forward-looking statements. Such forward-looking statements are made
based on management's beliefs, as well as assumptions made by, and
information currently available to, management pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of
1995. For a more complete description of these and other risk factors
that may affect the future performance of 8000 Inc., see published
disclosure documents at www.OTCMarkets.com. Readers are cautioned not to place undue reliance on these
forwardlooking statements, which speak only as of the date made and the
Company undertakes no obligation to disclose any revision to these
forward-looking statements to reflect events or circumstances after the
date made or to reflect the occurrence of unanticipated events.
For further information:
8000inc, 10432 Balls Ford Road, Suite 300, Manassas, Virginia, 20109, USA, t. +1-703-881-7834, f. +1-703.881.7601, e. email@example.com