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Friday, September 24, 2010 11:58:38 PM
- Year to June 2010, $985K USD Retained Profit, $2.1M USD Shareholder Equity, 6000 Brand8000 Items Dispatched
From the Company's formal launch in October 2009, an interim review of subsidiary performance and the Company's stock, has revealed that the first six months figures for 2010 show a retained profit of $985,000.00, USD, shareholder equity of over $2,000,000.00 USD and over 6000 items of Brand8000 have been supplied to customers pre launch. The board is delighted to report this exceptional performance to its shareholders.
Thomas Kelly, CEO 8000inc, stated, "The figures provided by our assessors clearly prove that the current share price does not reflect the true value. At some point, there has to be a correction and the accepted significant short position inevitably covered. This is a fantastic report. For a company to deliver in this way to its shareholders inside 12 months is highly commendable. What is staggering about the performance is that the board set demanding targets which have been exceeded, and the Groups results will only increase as we announce further acquisitions and material events which will increase market share and position. I take encouragement with what we are doing, and I would hope that the shareholders feel the same. Company and stock progression, combined with performance and loyal shareholders is what we have and what will deliver success for all."
Per RisiCare: "This is an over priced company gaming their stock."
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