Thursday, January 20, 2011 6:08:55 PM
The 5% shareholders that the Company knows about are Jonathan Bryant and Conrad Wall. There are 32 known but unidentified shareholders who hold more than 1MM shares and 18 who hold more than 5MM shares as per the Transfer Agent’s verified stamped report.
Are there any institutional shareholders?
Yes, 5 that are known. However they have requested that their details not be made public due to in an inappropriate number of phone calls received.
What is the outcome and benefit of the merger for the 8000 Inc. shareholders?
In our opinion, the merger will result in a new business combination trading on a higher and better recognised quotation service with associated higher disclosure standards. The Company will thus, we believe, have a higher status, and will ensure better disclosure. It will also expose the Company to a larger shareholder base and more specifically, institutional investors.
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