GOOD TIMES AHEAD
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Statement to all Shareholders of 8000 Inc.
On November 8, 2010, the company became the subject of a trading suspension and an SEC
Subpoena “In the Matter of Monks Den.”
The trading suspension, which related principally to questions about the accuracy of certain press
releases, was lifted at 11:59PM November 17, 2010.
The Subpoena requires the submission of documents and testimony of certain persons associated
with the company relating principally to its relationship with Monks Den. Through its legal counsel
and advisors, the company and such Subpoenaed persons are cooperating fully with all requests from
the SEC , have submitted the documents required under the Subpoena and the first of at least two
SEC depositions to be given in this matter is scheduled for Monday.
Preliminarily, the company wants to state publicly:
~ It is not and has never been involved, independently or in combination with Monks Den or its
principal(s), in any illegal stock profiting scheme (commonly called “pump and dump”).
~ The company has not to date paid for any promotional activity and does not engage in any
such activity.
~ The company is a legitimate, active company which its management feels is gaining traction
in its redirected business plan and, in fact, poised to become successful, among other activities,
development of its Brand8000 and nurturing the companies it has acquired over the last 11 months.
~ The company accepts that it should have handled certain actions differently and is prepared
to take all appropriate corrective actions, including issuing appropriate corrective disclosures.
~ Nonetheless, neither the company nor the person Subpoenaed persons has engaged in illegal
stock profiting or market manipulation.
In fact, the company would like to clarify and make public the following:
~ The acquisition of Monks Den was never completed; no payment was made or exchanged;
and was not concluded. The company accepts this aborted transaction could have been clarified
earlier and this will be addressed with the SEC.
~ In conjunction with the Subpoena and its full cooperation with the SEC, the business records,
activities, invoices, orders, agreements and additional supporting documents submitted have
aggregated not less than 8000 pages (some 1.4GB of documents and records).
~ For some 6 months, the company has been aware of illegal naked short positions and it has
submitted stock audit findings and related documentation in the company’s submission to the SEC.
~ In that context, the company has sent all recorded voicemails and e-mails, including those of
a threatening nature, as part of its submission to the SEC.
~ Similarly, the company has included in its Subpoena response its compilation (including
names, websites, relationships) a file of all public boards making false allegations and associations
pertaining to the company and its associates engaging in scam operations, pump and dump schemes
or payment for services, etc.
~ The company will accept any future operational and disclosure directions from the SEC.
1 0 4 3 2 B a l l s F o r d R o a d S u i t e 3 0 0 M a n a s s a s V i r g i n i a 2 0 1 0 9
~ The company and its associated persons are redoubling its efforts, looking back and forward,
to make full and fair disclosure of its proper business activities.
While the company regrets the trading suspension and investigation, it is more troubled with the
scurrilous comments and false statements about the company.
The company will continue to inform and update its investors accordingly.
For more information please visit:
www.brand8000.com
www.8000incgroup.com
www.8000inc.net
Or contact:
investors@8000inc.net
-ENDSThis
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 forwardlooking
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-harbour" 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 "Risk Factors" in the Company's Annual Report on
Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place
undue reliance on these forward-looking 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.
