8000 Incorporated (EIGH)

[Outlaw]

" 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. This audit was based on the certified stock and certificate count prepared by the Company's Transfer Agent which recorded all stock positions by certificate number and by brokerage account as of September 30, 2010. This data was used as the base line and reference point for the Company's internal audit. Comparison to the certified baseline data identified discrepancies in the trading and stock positions of 8000inc stock. What is of concern to the Company is that significant numbers of shares purchased were not recorded and could not be identified in the Transfer Agents certified records. All data at the certificate and account position level, together with the identified discrepancies and Company's conclusions have been submitted to the SEC in full"

Go EIGH!