the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Wednesday, February 16, 2011

[EIGH]: Scam company 8000, Inc. issues yet another false and misleading Letter to Shareholders

Note that scam company 8000, Inc. (EIGH) now falsely claims that there are over 200 million naked shorted shares of EIGH. The company is also stating that its bogus merger that was announced will not be closed until the company receives 100% of all the common shares outstanding in physical certificates by the shareholders - something which is unheard of.


http://www.facebook.com/pages/8000inc/319800828743#!/photo.php?fbid=10150101361188744&set=a.10150101361128744.288672.319800828743&theater

http://www.facebook.com/pages/8000inc/319800828743#!/notes/8000inc/8000-inc-eighpk-statement-to-shareholders-february-15-2011/10150090509162844


8000 Inc (EIGH.PK) Statement to Shareholders –February 15, 2011

by 8000inc on Tuesday, February 15, 2011 at 5:45pm.

As previously announced, 8000 Inc. (EIGH.pk) is volunteering information to the SEC relating to (i) the proposed merger with a non-shell trading Bulletin Board company as well as (ii) its demonstrable evidence regarding its concern about a suspected manipulation including a naked short position, in its common stock (estimated by the Company to be an amount greater than twice the reported float).

Today, the Company volunteered additional information to the SEC Staff collated from the transfer agents transaction and certificate reports for the periods August 22, 2010 to September 30, 2010 and October 1, 2010 to December 31, 2010.

The Company has publicly stated that, due to the many issues raised, the contemplated merger (and associated share exchange) will be undertaken only through the recall and retirement of EIGH.pk certificates. This position is further reinforced by the following facts identified in the transactional statements.

  • Shares were exchanged, traded or transferred by several brokerage houses during the period of the Company’s trading suspension, November 4, 2010 to November 17, 2010.
  • Several brokerage firms transacted internally, same day, the sale and purchase of large numbers of shares not recorded in the trading day volume. The events so far recorded equate to over 30% of the trading days.
  • Over defined periods, the number of shares purchased and recorded as such by brokerage firms was greater than the recorded trading volume
  • Trading volume recorded for defined period was seen to be significantly less than the transactional volume in over 60% of the trading days.

These events are not the only identified examples raising issues of improper trading of EIGH.pk They do, however, lead the Company to the conclusion that the matters need to be investigated and the decision to recall certificates in relation to the contemplated merger, being correct. The Company has submitted all data and further findings to the SEC Staff and requested assistance with this matter to the degree provable, highlighting all questionable events. The Company is further supported by the now known issue of non-delivery of requested certificates to Shareholders, equally exampled and relayed with the SEC Staff.

EIGH will continue to keep its shareholders apprised as events unfold. Also keep updated on 8000 Inc. developments on Facebook or Twitter.

www.brand8000.com
www.8000incgroup.com
www.8000inc.net

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 forwardlooking 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



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Saturday, February 12, 2011

[EIGH]: Promoter Travis Keizer, a legal representative of scam company 8000, Inc., threatens libel lawsuit for EIGH

against an innocent stockholder of scam company 8000, Inc. (EIGH) - for simply asking questions as to when the EIGH retail store will open in Barbados. The company fully stated that it was going to open by Monday, January 31, 2011 and almost 2 weeks later the store has yet to be opened.


http://www.facebook.com/pages/8000inc/319800828743#!/note.php?note_id=500149582843&comments


Travis Keizer I'm a cyberbully. I never thought buying a few shares of a pink company would be so entertaining.

Randy & Bob. This is pinksheet company in development. Nobody expects the company to execute perfectly or be able to live up to all thier expe...ctations. But to continually, as if you are being paid, ask stupid questions over and over, is completely unnecessary. The company will update shareholders when there is something to tell us.

Also, there are entities paying big dollars to have this comapny inked, for whatever reason. Whether or not you represent this interest is none of my business. However, it seems like you do....

And I believe, "as I stated" when the company has the means, litigation will take place.

Also. Both you guys stay out of public restroom for awhile....See More
13 hours ago.


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A few details on the background of promoter Travis Keizer, who appears to be a Bank Branch Manager for Regions Financial Coporation since 2007 in Birmingham, Alabama:


http://www.facebook.com/pages/8000inc/319800828743#!/profile.php?id=712000743

http://www.linkedin.com/pub/travis-keizer/9/795/b80




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Thursday, February 10, 2011

[PLNI]: Court Enters Final Judgment Against James N. Turek, former CEO of scam company Plasticon International, Inc., purusant to Settlement

http://www.sec.gov/litigation/litreleases/2011/lr21849.htm

Litigation Release No. 21849 / February 10, 2011

Securities and Exchange Commission v. James N. Turek, et al., Civ. No. 08CV-395 JBC (E.D. Kentucky).

COURT ENTERS FINAL JUDGMENT AGAINST THE FORMER PRESIDENT AND CEO OF PLASTICON INTERNATIONAL, INC. JAMES N. TUREK PURSUANT TO SETTLEMENT

The United States Securities and Exchange Commission announced today that the United States District Court for the Eastern District of Kentucky entered a Final Judgment on February 4, 2011, in a civil action against James N. Turek (“Turek”), the former president and CEO of Plasticon International, Inc. (“Plasticon”), a Wyoming based manufacturer utilizing recycled plastics. Turek, without admitting or denying the Commission’s allegations, consented to the entry of a Final Judgment that enjoins him from violations of Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933, Sections 10(b) and 15(a) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder; finds him liable for disgorgement of $2,600,000, plus prejudgment interest in the amount of $557,836.41; prohibits him from acting as an officer or director of a public company for 5 years; and bars him from participating in any offering of penny stock. Based on Turek’s Statement of Financial Condition, the Court did not order Turek to pay a civil penalty, and waived payment of disgorgement and prejudgment interest.

According to the SEC’s complaint in this matter, between at least January 2005 and April 2007, Turek fraudulently misappropriated for personal use at least $2.8 million of proceeds from a $8 - $11 million unregistered, multi-state securities offering by Plasticon, the public company controlled by Turek. Turek previously represented to investors that the proceeds from the offering would be used in Plasticon’s business. The complaint further alleged that between at least May 2005 and April 2006, Turek and Plasticon made false and misleading press releases relating to Plasticon’s financial condition, Plasticon’s ownership of patents and the value of those patents, and Plasticon’s outstanding shares. During this period Plasticon’s stock price increased dramatically, apparently in response to those false and misleading press releases. Finally, the complaint alleged that Turek and Plasticon engaged in an unregistered, non-exempt distribution of Plasticon shares.




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Wednesday, February 09, 2011

[SPNG]: Bankruptcy Trustee of scam company SPNG responds to ridiculous demands of 'stucks'

Take some time to review - an excellent read and shows the continued involvement of former SPNG COO Moskowitz in disinformation about SPNG. Moskowitz has been indicted by the DOJ for multiple counts of fraud and money laundering.


Feb. 8, 2011

INTERESTED PARTIES ARE ENCOURAGED TO FOLLOW THE BELOW LINK FOR THE TRUSTEE'S RESPONSE TO VARIOUS SHAREHOLDERS' INQUIRIES

http://spongetechtrustee.com/



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[EIGH]: Scam company 8000, Inc. issues more bogus statements regarding its proposed merger

It is truly ubelievable that scam company 8000, Inc. (EIGH) is requiring current stockholders to request a hard copy of their stock certificates in order for EIGH to proceed with a merger with another public company - something that has never been seen in the history of mergers for public companies.

See bold below.


The EIGH statement this time is from the company's Facebook page:

http://www.facebook.com/pages/8000inc/319800828743#!/notes/8000inc/8000-inc-eighpk-statement-to-shareholders-february-8-2011/500149582843


8000 Inc (EIGH.PK) Statement to Shareholders - February 8, 2011.

by 8000inc

on Tuesday, February 8, 2011 at 12:59pm.

As previously announced 8000 Inc. (EIGH.pk) is providing information to the SEC relating to (i) the proposed merger with a non-shell trading bulletin Board Company as well as (ii) its demonstrable evidence regarding its concern about a suspected naked short position in its common stock (estimated by the Company to be an amount greater than twice the reported float). Per requests from the Staff, supplemental evidence from the shareholder, certificate and stock transaction lists is being forwarded today. The Company has been copied as supporting factual representations by Company shareholders directly to the SEC.


EIGH has advised the SEC Staff that it will issue a public statement about the proposed merger as soon as it has concluded its due diligence. Meanwhile, the Staff has indicated that, consistent with their policies in the area, it is aware of the Company’s and shareholder concern and proposed resultant corporate actions. In that context, we understand the SEC Staff can’t provide legal advice or otherwise express any views on the proposed corporate actions.


---As to the Company’s proposed merger as outlined; or
---To the Company’s intent to request shareholders return their common stock certificates for recall (i.e., cancellation) as part of the transaction.


Because of the concerns expressed above, the Company will not release the name of the target entity until after its due diligence review is concluded and upon the effective date of the share exchange.


The contemplated merger and associated share exchange between the two companies will be undertaken solely through the receipt of 8000 Inc. stock certificates with the pro rata stock in the new entity being issued electronically and directly to the shareholder account pursuant to an independent opinion of counsel. Absent a surprise, the Company expects to issue direct instructions to its Transfer Agent near term, most likely in the next two weeks. Shareholders are asked, in the interim, to request physical delivery of their 8000 Inc. stock certificates from their brokerage firms in preparation for the contemplated merger and exchange. Full details of the process will be issued at the end of the due diligence review period as stated. The certificates will be verified against the Transfer Agent’s records. No exchange of stock in the new, combined Company will be undertaken without the provision of a physical certificate. Through this process, the Company hopes to address the shareholder concerns and in so doing progress to a higher quotation and accountability.


EIGH will continue to keep its shareholders apprised as events unfold. Also keep updated on 8000 Inc. developments on Facebook or Twitter.


www.brand8000.com

www.8000incgroup.com

www.8000inc.net


-ENDS-


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.




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Saturday, February 05, 2011

[EIGH]: Scam company 8000, Inc. and the fraudulent transactions regarding Southbridge Development Group Inc.

as detailed by Super Cybersleuth "overachiever" on the Investorshub.com message board:



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59584089

and

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59584455

and

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59584498




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Friday, February 04, 2011

EIGH - Who is representing scam company 8000, Inc. in its Facebook website posted messages?

It appears that the company representative using the alias "8000inc" is posting many false and misleading messages regarding scam company 8000, Inc. (EIGH). Based on the grammar, the structuring of the sentences and the content, it also appears that the person has no more than a sixth grade education.

Who is this person?

http://www.facebook.com/pages/8000inc/319800828743




details to follow




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EIGH - Jonathan Bryant again listed as a representative of scam company 8000, Inc. in Barbados press conference

.
.
This time, January 8, 2011:


http://www.nationnews.com/articles/view/bfa-salutes-pro-shottas/






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[EIGH]: Scam company 8000, Inc. announces that it has received a subpoena from the SEC regarding its bogus merger press release

and what is more amazing is that the SEC issued the subpoena only 2 days after the bogus merger press release was issued by scam company 8000, Inc. (EIGH). This quick action by the SEC is considered extremely fast and shows the seriousness of the SEC investigation into the frauds committed by scam company EIGH, its officers/directors and related parties.



here is the bogus merger press release issued by scam company EIGH on January 31, 2011:

http://theworm06.blogspot.com/2011/01/eigh-prediction-by-theworm06-regarding.html



and here is the EIGH press release issued on February 3, 2011 announcing that the SEC issued a subpoena regarding the bogus merger press release only 2 days later:

http://www.prnewswire.com/news-releases/8000-inc-eighpk-statement-to-shareholder--february-3-2011-115211319.html


8000 Inc (EIGH.PK) Statement to Shareholder – February 3, 2011

MANASSAS, VA, Feb. 3 /PRNewswire/ - 000 Inc. (EIGH.pk) announces that it has provided the SEC today additional details of EIGH's proposed merger with an OTCBB company per a February 2, 2011 SEC subpoena on the topic.

EIGH has confirmed with the SEC that it intends to issue a public statement about the status of the current inquiry and has requested the following of the SEC Staff:

•It has no objection to the Company's proposed merger in the interim; and
•It has no objection to EIGH's request for its common stock certificates in the merger be recalled [returned for cancellation] as part of the transaction.
Those discussions are expected to ensue shortly.

Legal Counsel, through a second submission, will be:
~ Providing documents identifying the individuals EIGH believes is responsible for the public posting of fraudulent and false allegations made against the Company on internet investor forums and blog sites.

~ Supporting evidence to prove clear association between ALL these matters, and the individuals responsible, is also being given.

~ Submitting further information relating to the fraudulent use of the Company name and marks (including factual documents identifying the recorded publisher of the illegal content on www.8000inc.com (a former EIGH website that has been hijacked) and the associated parties.

Shareholders and the public should also be aware that due to the apparent refusal of at least one brokerage firm to provide a physical certificate to one of its clients, an independent EIGH shareholder, a complaint has been filed with the SEC and a case number now formally allocated.

EIGH will continue to keep its shareholders apprised as events unfold. Also keep updated on 8000inc developments on Facebook or Twitter

www.brand8000.com
www.8000incgroup.com
www.8000inc.net

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 forwardlooking 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.


SOURCE 8000inc





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