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Thursday, April 14, 2011 2:50:30 PM
MANASSAS, VA , April 14 /PRNewswire/ - The Company has received the CUSIP number for the preferred shares relating to the announced exchange and cancellation of all currently issued common stock. The Company is in the process of identifying and verifying the shareholders of record and will exchange on a "like for like" basis as stated.
CUSIP NUMBER:
28251Q 208
ISIN NUMBER:
US28251Q2084
ISSUE DESCRIPTION:
PFD
In response to the shareholder vote approving the share exchange, shareholder testimony and verified brokerage account information has shown that more shares are held by individuals in brokerage accounts than have been issued by the company. The Company believes these facts identify an illegal naked short position in EIGH.pk. The Company is currently in the process of reconciling these apparent discrepancies. The shareholder information has been sent to the relevant authorities and FINRA OTC Corporate Actions is aware of the suspected discrepancies relating to the share exchange.
The Company will continue to update shareholders and the public as information is received and believes that the regulators will address any identified discrepancies prior to the imminent corporate action contemplated and announced.
www.8000inc.net
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