MANASSASS, VIRGINIA, April 4 /PRNewswire/ - 8000 Inc. has expressed serious concerns regarding the trading of its stock. The Company does not believe it can progress its business, its projects or its operations and cannot file its Form 211 pursuant to SEC Rule 15c2-11 under the Securities Exchange Act of 1934 without addressing these concerns immediately.
The Company has decided in the best interests of the shareholders and its future, it will cancel all issued common shares simultaneously exchanging all duly authorized, purchased and verified common shares with preferred shares of EIGH.pk.
Shareholders are asked to review the full details of the exchange emailed and available on the 8000 Inc. Facebook page, sending verification of their shareholding to the Company at [email protected] by Friday, April 8, 2011.
Shareholders will receive like for like share exchange, common shares for preferred shares. Shareholder information will be verified, identifying the correct numbers of shares held and owned by each individual. Cancellation and exchange of the existing common shares issued (143,824,700) will take place automatically with a record date for shareholder participation of April 8, 2011.
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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 OTC Markets. 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.