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Author Topic: EIGH.pk - 2008 Pre-sales already in excess of forecasted total
stockpicker23
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8000 Inc (EIGH.pk) launched onto the grey sheets earlier in the year, peaking at $1.05.

They have since been awaiting the approval of its 15c, which came in on Friday. In the meantime, they have obviously been busy, but have sat on their news until the move to full Pinks.

According to today's release, they have already exceeded the 2008 forecast of $1.3M with presales of $1.4M for the 2008 luxury road rally they run in Europe. They have TV shows, and the presales total published today doesn't include ANY revenue from a new additional event they are running in the UK next year. (That event is forecasted to deliver another $250k).

At the moment it has a few strange little trades today, but could be a very good play to get in whilst the MM's set the level. At 1c this is pretty undervalued and can't hold there long. Could be a very good short term gainer.

Don't just jump in, have a look at http://www.8000inc.com/downloads/Bus...esentation.pdf and do the DD first.

Good luck

Posts: 33 | Registered: May 2007  |  IP: Logged | Report this post to a Moderator
trade04
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oh wow 1.3 million in a year, plus sg&a, its a crap shoot
Posts: 3086 | From: miami | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
   

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