8000 Incorporated (EIGH)

[NMC]

Hi bertie...did you not see the shareholder newsletter that they sent out with the audit numbers...

Please see the attached spreadsheet with no interpretation or conclusions; we leave this up to you.
Whichever way the data is reviewed, taking the published actual, the recorded trading volume and
personal accounts, the numbers and the market do not add up. The company asks that investors
make their own mind up. If the assumptions and interpretations are correct, then there would
without question be an unequivocal significant naked short position. If this is the case and as a mass
all interested 8000inc parties want to redress that then, the company must either progress to
reporting status, must retire through certification shares or the market must continue to invest in the
stock. These are the only three actions that will have the correct effect, the company is following its
strategy as outlined.
? There are approximately 236MM shares that can be accounted for in the market out of a
total issuance of 143MM.
? One brokerage currently records a stock position of c35MM shares.
? That brokerage undertook transactions through 4 separate accounts buying c13MM shares
that are not recorded in the audit even though the transactions took place within the audit
time period and should be recorded by the TA.
? There are 4 brokerages holding shares greater than 15MM
? There are an additional 30MM plus that cannot be assigned as no broker details were
supplied.
? 545 trading accounts assessed, which is only a fraction of the total number, hold 82,745,008.
? Out of this c30MM cannot be allocated to one brokerage or another but we assume these
figures will be attributed on the whole to the larger brokerages.
? From these 545 accounts only, E*TRADE accounts for 38,779,708 (note their recorded
holding is exceeded by3MM plus and does not include the 30MM unallocated shares.
? During the period, 64MM shares were traded and that 52MM were actually bought and held.
That means 12MM shares over a 6 week period (2MM shares per week) were actually
recorded officially as traded. That is 2MM shares per week out of a weekly volume of 10MM
shares meaning, according to the official figures, less than 20% of the volume was actually
traded as opposed to bought and held, which correlates to 400,000 per day, which does not
reflect in the share price.
? There are 32 accounts holding more than 1MM shares and 18 holding more than 5MM
shares.
? There are institutional investors.
? We have we have only scratched the surface. We believe if the independent market sees the
audit, they will reach the same conclusions and if they believe what are the facts and invest,
then there would be, in our opinion, only one conclusion and one result.
? The company tracks and does know where each and every share by certificate number and
brokerage is. What the company does not know is how many shares are out there that are
not recorded. It is only the good work and will of the share holders and associates, that we
have a good fix on the minimum position.