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Wednesday, January 12, 2011 12:26:22 PM
The Company and all subpoenaed individuals have complied fully with the requests by the SEC regarding the investigation, “in the matter of Monks Den” with the exception of finalizing the arrangements of Mr. Bryant’s testimony. The Company will update its shareholders on this SEC matter in its monthly reports. As previously stated, the Company, although it accepts that it was clumsy in some of its actions and that there may be a consent order in line with publicly issued documentation, rectified through correcting statements voluntarily or as directed by the SEC, firmly believes that the investigation will show no illegal or manipulative activities or wrong doing by its officer or associates.
And more:
Planned Company Exchange Progression
As has been stated from inception, it has always been the intent of the Company to progress to a higher exchange. That process is nearly completed and it is expected that a business merger and
combination will result, whereby a like for like share exchange will take place with the 8000 Inc share holder certificates being recalled and cancelled, in exchange for the same valued stock in the emergent business.
Detailed information will be announced at the conclusion of the transaction but prior to the share exchange process which will be handled by the Transfer Agent.
People can try and spin all they want, but EIGH is going to reward its shareholders big time. The shorts are in very serious trouble.
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