8000inc (EIGH.pk) Investor UpdateBy 8000inc, PRNE
Thursday, July 8, 2010
Global Launch of the 8000inc Group.
MANASSASS, Virginia, July 9, 2010 - The Board of 8000inc are pleased to announce that the global launch of
its products has begun. The Board are currently finishing off the much
anticipated, and delayed, DTCC filings and felt that it was important to
give all shareholders a brief update on recent developments.
8000inc has now expanded its product range to cover all major sports
and introduced a luxury cotton clothing line. 8000inc will have access to
Limegrove from 15th July and the plans for the flagship store have already
been drawn by the architect.
The board felt that the easiest way to bring its shareholders up to
date was to simply list all the recent activities prior to issuing item by
item full details during June, through individual press releases and the
corporate revenue through the quarterly report.
8000inc has been formally announced as the clothing wear sponsor and
provider for the Barbados AAAB National Athletics Team; is in partnership
with the Barbados Golf Association and has already sponsored the Caribbean
Amateur Open at Royal Westmoreland, Barbados, delivering an order of $75,
000 USD golf shirts at the event; is producing an exclusive range of
clothing with legendary cricketer Desmond Haynes and an international
cricketing academy; will offer 12 clothes ranges at the launch of the
Limegrove flagship store; launched its new F2000 car at Mosport; has gained
agreement to stock two world leading golf resorts with its golf range; is
working with Limegrove to deliver and manage major events; through the
sponsorship deals and commitments expects to sell in excess of 25,000 items
in the first 6 months; has sponsored the Carlton Club, Barbados, its ground
and all sporting teams and now has an unprecedented market position and
Tom Kelly sated, "A lot of work has been undertaken by the team to get
us to a position where we have a presence. We have a foothold in probably
the most profitable market in the world, and that is something we are all
very proud of."
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 further 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,
For further 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 at 8000inc.net/
Tags: 8000inc, July 9, Manassass, virginia