8000inc (EIGH.pk) Cash Dividend Update
By 8000inc, PRNESunday, September 26, 2010
MANASSAS, Virginia, September 27, 2010 - Due to the over-whelming requests, the board of 8000inc would like to
update all 8000inc shareholders.
- The company is issuing minimum cash dividend payments of US$0.10, October 2010, to all fully paid-up shareholders of record on 30th September 2010. - This is a true dividend, not a forward split nor stock or equity dilution. - The actual dividend payments will not be known until October 4th 2010 as this is affected by multiple factors unknown until October 4th, 2010. - The company had to file details with FINRA to ensure that the dividend payments were made as announced. The company can at any time alter the dividend typically incurring a late filing penalty. - Each shareholder will require a W-8 or W-9 tax form for verification and share audit, ensuring fully paid-up shareholders receive their appropriate dividend. This is usually taken care of by the brokerages. In the first instance, shareholders should speak to their broker.
Thomas Kelly said, "The company's focus and responsibility is for our
shareholders and the dividend value at this point should not be the reason
anyone invests in 8000inc. The company is progressing at a rapid rate and we
intend to make cash dividend payments a regular occurrence. We filed a
minimum arbitrary figure to ensure our shareholders received their dividend
payment as announced whilst we waited for the company results. I personally
apologise if this caused any confusion but I would rather under promise, pay
a late filing fee and over deliver, than devalue our shareholders by paying
the smallest dividend because our timing was off. I believe 8000inc is a
long term investment and we are just beginning the journey. We want loyal
shareholders to stay with us and share the rewards we are now realising, not
to just benefit from a single dividend payment."
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 "Risk Factors" in the Company's Annual Report on Form 10-KSB and its
other filings with the Securities and Exchange Commission. 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.
For more information please visit:
www.8000inc.net
Or contact: 8000inc, 10432 Balls Ford Road, Suite 300, Manassas,
Virginia, 20109, USA, t. +1-703-881-7834, f. +1-703-881-7601,
e.enquiries@8000inc.net
8000inc, 10432 Balls Ford Road, Suite 300, Manassas, Virginia, 20109, USA, t. +1-703-881-7834, f. +1-703-881-7601, e.enquiries at 8000inc.net
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