Friday, January 28, 2011 9:20:33 AM
I am a shareholder of EIGH and recently returned from a holiday in Barbados, a holiday arranged prior to the “Barbados Connection” and the SEC suspension of EIGH. However, it did give me an opportunity to carry out some due diligence on the Limegrove Centre and the “T shirt store”. My visit was as late as I could make it before my return on 23rd January and I found Limegrove to be an upmarket shopping centre with a host of stores offering luxury goods and services, boutiques, market leaders – yes Armani, Ralph Lauren and Louis Vitton etc are all there, as is the 8000Inc store. The centre did not appear to be far off completion and a few of the smaller stores (3 or 4) including Hallmark had opened for business and a few others, including an art gallery were fully fitted and stocked in preparation for opening. The 8000Inc store appeared complete with fixtures and fittings and is ideally sited in a prime position opposite the entrance to this mall that is going to attract many shoppers. I can re-assure investors that this is not a T-shirt stall in a downtrodden market area; Limegrove is a sophisticated, stylish centre with delicatessens, restaurants, sited in St. James and near to the Royal Westmoreland, Apes Hill and Sandy Lane complexes. Advertising says that there are cinemas, night clubs and contemporary accommodation under construction. While I was on holiday, the AC Milan junior camp was announced, front page of the national newspaper, and the details were also on television although I didn't see it. I had the pleasure of “having a beer”, at the Sandy Lane Golf Club, with a former England football international, a former Ryder cup captain, a current top three world professional golfer and a cricketing legend, notwithstanding the Desmond Haynes endorsement and all were well aware of the 8000Inc initiatives and very supportive and complimentary. Back to the T shirt stall: I liken this company's business plan to a very successful company, Cotton Traders. Founded by an ex England Rugby Union international, selling, initially, football shirts. It now sells, via small stores in shopping malls and via the internet, all over the world, especially in places that play rugby union, such as Canada, UK, Argentina, France, Australia, New Zealand, South Africa, Fiji etc and now has associations with such as Barbour...all from small beginnings. I am now more convinced than ever that this one part of the 8000Inc business has tremendous potential and that the proposed manufacture from Bajan cotton is inspired. I wish this company every success and ask that any potential investor does there own due diligence on this company and this market. Consider: where in the world can you go without seeing someone wearing a Manchester United shirt? We all buy sports and leisure clothing.
