8000inc (EIGH.pk) Subsidiary Skyvillas Realty (SVR) Hits $25,000 USD Monthly Revenue 6 Weeks After Launch
By 8000inc, PRNEMonday, February 22, 2010
MANASSASS, Virginia, February 23, 2010 - SVR announced today that 6 weeks into the
project launch, and prior to the launch of the interactive website, it is
already achieving monthly revenue of $25K USD. These results were reported
for February's figures 2010 one week before the end of month. If the
current trend for growth continues, then the planned yearly revenue target
of $1M USD will be exceeded by October 2010. It is important to note that
the sales and lease figures are cumulative. January 1st was launch day.
SVR started collecting revenue from a zero book value. Week on week,
month on month revenues will be posted cumulatively due to the promotional
strategy and additive components. Due to the fact that revenues for Janaury
were only recorded in February, it is expected that the revenues for March
will include existing long term rentals in January and February, new
rentals for March and new sales secured in the previous month.
Thomas Kelly, CEO 8000inc said," What is amazing about this result is
that the full promotional programme has not yet began as we are impatiently
waiting for the SVR interactive website to be marketed. Cumulative sales are
building month on month, and to be posting monthly revenues of $25K even
before the month ends is quite staggering. I applaud the efforts and delivery
of Joelle and her team."
Joelle Parris, Managing Director SVR stated "What can I say except the
demand for our service is there. I can only imagine the impact that the SVR
web site will have on new sales and our current rate of growth. "
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,
www.skyvillasrealty.com; Or contact: enquiries@8000inc.net,
+Tel-1-703-881-7834
For further information: please visit: www.8000inc.net, www.skyvillasrealty.com; Or contact: enquiries at 8000inc.net, +Tel-1-703-881-7834
Tags: 8000inc, February 23, Manassass, United States of America, virginia