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Wow broke .03 !!!!!!!!!!!!!!!!!!!!!!!!!1
EIGH !! Up to .025... bid .021/ ask .025, .03... volume 289,000...
bid .02 ask .025, .03...
Action starting on eigh..... good luck !! Come on EIGH !!
EIGH ! Looks like some action started today.
Absolutely agree. I asked for some more detail! This will rock !
I sent an email to Conrad for some updates and status on the progress of the company, and this is what I received below. I will follow up for more detail.
Hi Tom,
Sorry for the delay getting back to you.
Working with Cannonball 8000 the boundaries are endless and as you know that everyone that you talk to finds this an exciting and aspirational proposition.
Set out below are a few things which we are working on at the moment. These are in addition to the main revenue stream which is from the Cannonball 8000 rally.
If you need me to go into more detail let me know,
Cannonball 8000 clothing deal with Lazarti
Cannonball 8000 about to sign deal with major online gaming company to sponsor the Cannonball 8000 television shows
Cannonball 80000 expansion in to South East Asia with 3 day and 1 day rallies
Discussions to sell naming rights to a consortium in the United Arab Emirates
Cannonball 8000 sign deal with Discovery Channel HD to film and distribute the Cannonball 8000 rally show 2008 globally
Extreme Channel 4 x 30 minute TV deal
ESPN to broadcast the Cannonball 8000 mini series in Asia
Vision Films ( our distribution agent) signs deal to air Cannonball 8000 in South East Asia.
Sport Telecom to develop and distribute the Cannonball 8000 mobile game this Fall.
Cannonball 8000 in discussion games developer to develop a Cannonball 8000 game for PS3
Cannonball 8000 Branded cars in the XBOX and PC game GTR Evolution. Which will be release later this year.
Cannonball 8000 expand trademark to Australia, and China
Thanks,
Conrad
Absolutely agree with you Donleopoldo ! I think some news on the upcoming events and we will be heading towards the .26 number !! Glad to have your insight! I'm still trying to learn the charts. Go EIGH !
Hey DFLY check this link out. The game is happening !!
http://uk.gamespot.com:80/pc/driving/gtrevolution/images.html
Hey DL check out this link !! The game is under way ! Click on the yellow car. Come on EIGH !!!!!
http://uk.gamespot.com:80/pc/driving/gtrevolution/images.html
Hey Rhinegold, still here. Check this out ! I found the Cannonball game through a gaming website. Click on the yellow car. http://uk.gamespot.com:80/pc/driving/gtrevolution/images.html
Very cool !! Let's hope for an early Christmas !
All signs point to a higher week, going into the holiday next week ! You gotta luv having the events paid for in full way in advance. Bring on the next phase of making this an expanding brand !
WOW what a rollercoaster ride up and down. I think someone just got out of it???
You said it brother !! Need a breakout !!
Not sure, but the past few weeks have been very interesting on this stock with lots of buying coming in. Hoping for a huge breakout!!
Yes, glad you saw that. EIGH is moving up nicely, what do you think the break out point is? Good luck.
What do you think it will take to get this up to .10????
Looking good !!
I see etrade is on the bid and the ask today on level 2. So I guess they are taking orders?
SP, can you forward this one? Or elaborate for the board.
I sent Conrad a few questions on the confusion/concerns that are being talked about. This was his reply:
Tom,
So that you are fully in the picture, I believe you are correct with the figures and I am not sure why Jason has the numbers stated incorrectly but when I return from Singapore, I will speak to him directly.
As you are aware, the vision for 8000 Inc is for a global brand to match our partners such as Playboy. In order to do this, 8000 Inc must progress not only as a brand and business, but also as a corporation. You will no doubt be aware that there are several actions which any company must undertake in order to progress, move up the boards and to become a filing company. These include 15c2-11, Current Information, Corporate Diligence, DTC, legal consultancy for board progression and so on. Very expensive but ultimately worthwhile, particularly for the current shareholders.
In order to achieve these objectives, 8000 Inc has recruited and employed to undertake these key actions in order to achieve our corporate goals. Several milestones have already been completed as per the agreed plan. In order to attain these milestones which 8000 Inc has had to pay for. You will have noted that the 15c was filed, which took 7 months of hard graft to achieve and was the first step. Also Current information was achieved which is also a long tedious process. Added to that I can confirm again that DTC eligibility has been applied for through 3 Market Makers. This is not just a simple request, you have to identify a DTC participant, who has to have a trading position and who is willing to file on behalf of the company. Without boring you the list goes on and on in terms of the actions 8000 Inc has to deliver and is a constant and on going undertaking.
The costs of the entire process, irrespective of increased time or cost has now been covered and is result driven. So please note that there is no dilution, there is no financing through 504 or any other stock modality and 8000 Inc would have to pay for these legal and professional services at some point. For your reference the typical cost of undertaking a full 15c2-11 is in the region of $40K or 1m shares and a minimum of 6 months work. So as you can see all of the corporate actions necessary for progression are extremely costly when you add up all the facts.
What dumbfounds me is that there is a lot of scare mongering and alarms, when all of this is in the share holders benefit, is for the share holders and will positively effect the corporation and the shareholders. The alternatively would be that we stay where we are and just keep the company as a non-reporting under the radar pinkie or find someone somewhere who will do all the corporate filings and actions for free!
As the saying goes, you're dammed if you do and dammed if you don't, but my view is we will and we will take 8000 Inc to a higher board, through professional services, undertaking all the legal and corporate actions necessary and ultimately achieve the Global Brand Cannonball 8000 on a board to match our corporate partners. If people have issues with that, then they don't share the vision of a real, progressive and successful global corporation and they are only interested in penny stocks at penny prices.
Please do not hesitate to get back to me and hope you understand that somewhere and somehow, corporate progression has to be paid for otherwise we stay where we are.
Yours,
Conrad.
I received this from Conrad. I new it wasn't true. He will respond to your questions if you email him. Have a good day.
I apologise for the short e-mail but it's 4 am and I am in Singapore meeting the corporate and Rally sponsors of Cannonball 8000 Asia.
There is no dilution and there is certainly no 504 or financing of any nature through stock issuance. This was a contracted agreement in line with the Brand expansion of Cannonball 8000. If individuals wish to scare monger on this subject then that is their prerogative and there is nothing I can do about that. They also allude to the lack of strong news which, the majority of people must admit, is something which we have and with more to come.
For your reference, the company has been communicating with 2 different clearing houses (Ridge and Legent) and 3 different brokers to apply for DTC eligibility and this is something which we are expecting shortly.
If you want to discuss further, please contact me on 20th June when I get back to the UK.
Yours,
Conrad.
EIGH is moving early !!!!!!!!!!!
It looks good from here !!
Pick yourself up, dust yourself off, and get back in the game my friend. Been there done that and got a t-shirt. GL
Just saw this on Pink Sheets. Current information status!!
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=eigh
Good stuff SP.
Thanks SP. Wish the volume would kick it up a notch??
EIGH- interesting read, and news is out !!
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15187
Business Plan
http://www.8000inc.com/downloads/BusPlan05_Spreads_LOW_presentation.pdf
Cannonball 8000 Corporate Brochure 2008
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15022
EIGH-- More news and information out today !
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15187
Business Plan
http://www.8000inc.com/downloads/BusPlan05_Spreads_LOW_presentation.pdf
Cannonball 8000 Corporate Brochure 2008
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15022
EIGH-- Time to check it out !
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15187
Business Plan
http://www.8000inc.com/downloads/BusPlan05_Spreads_LOW_presentation.pdf
Cannonball 8000 Corporate Brochure 2008
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15022
EIGH-- News!! A must read !
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15187
Business Plan
http://www.8000inc.com/downloads/BusPlan05_Spreads_LOW_presentation.pdf
Cannonball 8000 Corporate Brochure 2008
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15022
EIGH-- News out and Good stuff. http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15187
Looks like one step closer to current information.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=eigh
Hey SP. Yeah it dosen't make sense to me either. I went on pink sheets and copied this off the short interest. It seems that the last two entries the stock was shorted 500,000 shares and 400,000 shares. I wonder if that is why the share price went up then came back down again??
Short Interest Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Apr 30, 2008 0 -100.00 686,807 1.00 No No
Apr 15, 2008 420,709 -24.72 640,255 1.00 No No
Mar 31, 2008 558,828 100.00 2,064,047 1.00 No No
Mar 14, 2008 0 -100.00 81,190 1.00 No No
Feb 29, 2008 4,200 100.00 30,978 1.00 No No
Feb 15, 2008 0 -100.00 37,498 1.00 No No
Jan 31, 2008 3,000 500.00 9,936 1.00 No No
Jan 15, 2008 500 100.00 112,756 1.00 No No
Oct 31, 2007 0 -100.00 7,645 1.00 No No
Oct 15, 2007 10,475 54.61 2,393 4.38 No No
Awesome ! Come on 8000 !!!!
Schwab works also.
EIGH has changed to limited information on our way to current information. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=eigh
EIGH- http://www.pinksheets.com/pink/quote/quote.jsp?symbol=eigh
News is starting to come out from the company !!