8000 Incorporated (EIGH)

[janice shell]

As part of its investment strategy, 8000inc will provide through restricted stock the first traunch in the initial $1.5M working capital for this subsidiary project to begin its site development.

At the current stock price, that means they'll be issuing about 21.4 million shares of restricted stock. Of course restricted is usually sold at a considerable discount to market, so we're probably talking a good deal more stock.

SDG is in the final stages of signing a lease-purchase agreement for a four-star hotel/convention/training center and an industrial park that has a total of 1.2 million square feet of facilities.

...The SDG project not only has training and industrial facilities, it also has its own power plant and transportation facilities to service a wide variety of business initiatives. The power plant may prove to be a very useful facility, especially in a future constrained energy environment.

So. Does that stuff already exist, or must it be built? If Southbridge is merely purchasing it, how far will $1.5 million go?

Not very.

And, um, where is it? Oh never mind; that's a minor detail...