Williams is finished. He has been exposed as a liar. Not only have people discovered that he is in fact, a paid promoter who had been leading them to believe he was not being paid to put them in the FLD plays when he was doing exactly that, but now the dirty truth about his claimed PHD has come to light as well. He might still have a few fooled but his ability to find new Monk's Den cult members is going to be severely hampered in the future. I'm sure he knows it and that is why he hasn't been around for two weeks now.
Williams should consider himself lucky as long as he is able to stay out of jail. He has been soliciting buys without a license, engaged in using a group to manipulate stock prices and a host of other illegal activity that should cost him time behind federal prison bars unless he gets very lucky indeed.
Take a look at all of the FLD plays. They are all in the middle of a slow excruciating swan dive back to the bottom. Pyramid schemes fall apart when no fresh marks can be found to pay off the early entrants to the scheme
There's a lot more at risk here than just EIGH's reputation. Everyone here believes that EIGH and Monk along with the other FLDs are all link and to throw it away after years of building this up would be a huge waste.
Developments since the last statement Statement by the CEO Quarter 2 2010 has been an outstanding quarter by any measure or means. Brand8000 has extended and expanded to accommodate all main stream sporting arenas and the acquisitions and mergers team has ensured the Company has a presence, a partnership and a Corporate ambassador within each specialism establishing and securing the brand in the market. The realty businesses have continued to deliver with Sky Villas producing yet again another excellent performance both in the short and long term. All efforts are being made to continue the plan and the journey and I can assure all shareholders that all minor irritants are being addressed through the team and our legal counsel. There is nothing left for me to say except that we are now entering significant consistent revenue prior to the launch of our flagship at Limegrove, exceeding US$150,000 revenue again this quarter. More importantly for shareholders, revenue, and positive cash flow, is now being generated from three separate subsidiaries and growing month on month. I believe this quarter marks the beginning of the profitability stage in the plan and I am truly impressed by not only the work to date by all team members and by all teams, but the way in which this business has been conducted and the significant increase delivered to our shares holders and shareholder value. We are above target performance for year end results and thatis, for a business less than 9 months old, a significant achievement by all and for all 8000inc shareholders. Thomas Kelly. CEO 8000inc.