and lets not forget the share structure has NOT changed....still the same as it has been
77mil float + 5mil restricted = 82mil
the remainder PER the company are part of their unique financing model......
"Corporate Finance and shareholder equity
As publicly disclosed, the 8000inc Investment Team has negotiated financing utilising the current
issued and outstanding common stock of 8000inc. For clarity and for shareholder value, the company
would like to confirm the following. The current float has increased by 5M restricted shares only and
the issued and outstanding shares are and will stay at 143,824,000. This is the figure that shareholder
value, company value and equity is, has and will be based upon.
Through the financial vehicle negotiated by 8000inc, the company has been able to raise capital for
cash acquisitions and activities, some of which are discussed above, and all activities are paid without
incurring or creating debt. The current listed and factual float for 800inc is 107,391,750 common
shares. The increase in shares is a direct result of the capital raised for aggressive acquisitions as
listed. The stock utilised to raise the capital, is not available or leaked into the market and is held
purely as collateral. Thus the actual float, available to trade by investors, the public, market makers,
brokers dealers alike, still remains at 77,391,750 common shares. It is the company’s intention not
to increase this number of shares and the current plan of acquisitions will not in any way increase the
number of share available on the market. Although the float has increased and will increase through
acquisitions, the actual number of shares available to trade on the market will remain and continue
to remain at 77,391,750 due to the unique financing mechanism negotiated by the Investment team.
It is important to note that there are no more shares being issued. Although the public float value is
shown to increase, the number of shares available on the market to be bought and sold has remained
and will remain constant as published at 77,391,750. The shareholder value and equity has only been
affected by the issuance of 5M restricted shares for the acquisition of Sky Villas Realty. Thus there is
no dilution but there is significant increase in asset, revenue and thus company and shareholder
value."
Got my guns, you have yours?
