8000 Incorporated (EIGH)

[neal_cassady]

Finance
Did the $40MM USD “windfall” ever exist and if so is it still available to the Company?

The Company has the ability on a draw-down basis through loans and a hedging stock as collateral for financing of up to $40MM. The Company will utilise this process as and when required to fund the progressing operations of the business. In this way, the Company and its finances are, in our opinion, dynamic in that as the Company grows, the Company’s value theoretically grows which accommodates increased costs associated with an increased business operation. This financing model is in place and available to the Company. Through this method, the Company believes it has avoided the usual stock financing schemes and shareholder dilution.