Here is the latest. Enjoy.
Dear Shareholder,
Due to the now significant data collected I felt it was right to issue a brief update. From my perspective, although at first glance some points appear negative, the detail makes very interesting reading and in my opinion potentially positive and absolutely indicative of action.
Firstly, I am still receiving shareholder records and signed documents as proof of shares held in 8000 Inc. The current figure that we can count based on shareholder verifiable documents is 190,148,220 shares. This figure is being checked and verified and only contains substantiated information. The Company will keep you apprised of this verification process. Currently, the suggestion solution for share transfer of EIGH.pk by DTCC is apparently not available to those brokers who have traded EIGH.pk, even though they satisfy the criteria. Secondly, the current DTCC charges as claimed by some brokers is $700 - $800 USD per certificate, and I am awaiting confirmation of this by DTCC. Finally the shareholders honesty has resulted in more shares being held in accounts of Brokers, some of whom have refused and ignored decent and professional requests and due process. It is now difficult, without input, as to how to identify who does own shares, supported by physical certificates, and who does not. Thus that leaves very limited options but they will provide the answers we all want. The question is, we can prove there are more shares claimed to held ion brokerage accounts than issued by the Company backed by documentation, why do the majority of brokers refuse to answer the question for their clients, they should have nothing to hide, as we do not?.
In response to the realization in our opinion of a “significant” share discrepancy, it is interesting, but not surprising, that it appears there will be no further communication between myself, the Company and the Brokers nor in fact DTCC who were helpful and provided a solution, but now seemingly unavailable. I would like to state and Zecco and TD Waterhouse are being very cooperative and helpful.
I have kept the SEC informed as best I can and have asked what substantiated information they would like to enable them to act as promised. Please remember, all shares counted, will have and do have a signed testimony, account records or signed documentation to verify the number of shares. It is my opinion that these simple, factual; documents would provide any enquiring institution with all the facts they need. Again I will keep all informed as I progress this matter.
Finally, I, and thus the Company, have received an e-mail from the Transfer Agent, which is surprising in its content. Please note the following, the Transfer Agent has never been quoted or referenced in any communication other than to say the Company has used the Transfer Agent reports issued for shareholder and transactional share verification. That the Transfer was instructed that their involvement was not and is not required, and as such, no action is required or requested by the Company of the Transfer Agent concerning the contemplated privatization.
The contents of the e-mail are surprising in that the clear statement of no support is not based on any financial position, and that support, except for one general question, was not asked or expected. Based on the Company’s instruction that the Company’s Transfer Agent need not, should not and is not instructed to take any action or be involved, it is strange that I personally am causing issues for all “associated parties”. It is concerning as to why the Transfer Agent makes the distinction that this is a non monetary decision and is a decision “you are causing problems”. My belief is that I am acting in the interests of the shareholders, that I am not causing problems for the shareholders and that the only interested parties are the shareholders, the Brokers, the Authorities and the Transfer Agent. Therefore if my perception is correct, and that I am not causing problems for the shareholders, and that I have not been told I am causing problems for the Authorities, then who exactly am I causing problems for and why and having been instructed there is no involvement, do I receive such a message, referencing” problems for all associate parties”?
If I have caused any shareholder problems, please advise. If I have caused any Broker who reads this any problems, that was not my intention, but refusing to respond and work for the shareholders, your clients, is wrong in my opinion. For those who have done wrong against the shareholders, I do not apologize.
Please note, that due to the now obvious road blocks that have arisen, it is my intention, for and on behalf of the Company and its shareholders, to progress with the agree purchase of shares under signed contracts and to pay the quoted broker and associated “DTCC” fees for certificate delivery which the shareholders have been asked to bare.
Jonathan Bryant
CEO 8000 Inc
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of 8000 Inc., see published disclosure documents at www.OTCMarkets.com Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
This email and any attachments to it may be confidential and are intended solely for the use of the individual to whom it is addressed. Any views or opinions expressed are solely those of the author. If you are not the intended recipient of this email, you must neither take any action based upon its contents, nor copy or show it to anyone. Please contact the sender if you believe you have received this email in error.
