[EIGH]: Prediction by the_worm06 regarding the bogus merger press release just issued by scam company 8000, Inc.
the_worm06 predicts that the proposed merger
will NOT be closed by February 15, 2011
will NOT be closed by February 28, 2011
will NOT be closed by March 31, 2011
will NOT be closed by May 31, 2011
will NOT be closed by June 30, 2011
will NOT be closed by December 31, 2011
here is the bogus press release:
8000inc (EIGH.pk) Announces Proposed Merger
12:44p ET January 31, 2011 (PR NewsWire)
8000inc, a Nevada Corporation currently traded on the OTCMarkets Pink Sheets (EIGH.pk), today announced that they have conditionally signed an agreement in connection with the pending merger and acquisition of a currently trading, non-shell Bulletin Board Company, current in its filings. The Board of 8000inc has approved this merger under Nevada state law whereby there will be no change to the rights, ownership or conditions for all shareholders after the merger is completed.
Due to the current public shareholder concerns and speculation relating to the common stock of 8000inc, the transaction and will remain under the current signed Non-Disclosure Agreement ("NDA") until concluded. The agreement has placed a 14 day time frame, commencing today, January 31, 2011 for completion as dictated by the NDA and agreed respective due diligence over the period. The Company, because of the existing inquiry, voluntarily informs the SEC of all its substantive corporate actions.
The acquisition, if consummated as expected, is being structured as an exempt share exchange transaction between the shareholders of the two companies with 8000inc stock being exchanged for stock in the Bulletin Board Company pursuant to an opinion of third party independent counsel being provided accordingly. Due to the fact that 8000inc (EIGH.pk) is non-DTC eligible, 8000inc shareholders will be asked to request delivery of their shares in paper certificate form from their brokerage accounts. All existing shareholders will then be asked to send their certificates, and DTC delivery instructions for their brokerage accounts, to the Company's Transfer Agent, Signature Stock Transfer Inc. On receipt of the paper certificate, the Transfer Agent will verify and confirm ownership, and 8000inc certificates will be exchanged with shares in the new combined [or merged] Company via DTC. No exchange of shares will be undertaken until the TA has received the paper certificate and verified ownership by the shareholder.Detailed instructions will be made available to all shareholders within 5 days of the due diligence period outlined above.
For more information please visit:
www.brand8000.com www.8000incgroup.com www.8000inc.net
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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-harbour" 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 8000inc see published disclosure documents at OTCMarkets. 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.