MANASSAS, VA, April 14 /PRNewswire/ - The Company has received
the CUSIP number for the preferred shares relating to the announced
exchange and cancellation of all currently issued common stock. The
Company is in the process of identifying and verifying the
shareholders of record and will exchange on a "like for like" basis
as stated.
| CUSIP NUMBER: |
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28251Q 208 |
| ISIN NUMBER: |
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US28251Q2084 |
| ISSUE DESCRIPTION: |
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PFD |
In response to the shareholder vote approving the share
exchange, shareholder testimony and verified brokerage account
information has shown that more shares are held by individuals in
brokerage accounts than have been issued by the company. The
Company believes these facts identify an illegal naked short
position in EIGH.pk. The Company is currently in the process of
reconciling these apparent discrepancies. The shareholder
information has been sent to the relevant authorities and FINRA OTC
Corporate Actions is aware of the suspected discrepancies relating
to the share exchange.
The Company will continue to update shareholders and the public
as information is received and believes that the regulators will
address any identified discrepancies prior to the imminent
corporate action contemplated and announced.
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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 8000 Inc. 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.
SOURCE 8000inc
