8000inc (EIGH.pk) Investor update

Jan. 28, 2010 - PRLog -- Developments since the last statement
Statement by the CEO
During 2009, post corporate restructuring and the creation of the 8000inc investment fund, we have undertaken an aggressive strategy to acquire companies with unique offerings. This strategy has resulted in the acquisition of The Breitinger Agency, Sky Villa’s realty and Southbridge Development Group. This is by no means the end of this story. As a group we are now actively pursuing additional targets to expand and create a global presence in the luxury realty markets, for both sales and rental. In addition, we are targeting companies that specialise in property management and ownership so that 8000inc can apply the Sky Villas unique proposition to property owned and managed by 8000inc. It is important to note that Sky Villas has achieved its two hundredth listing, Jamoon, a $5M USD luxury property on the Sandy Lane Estate, Barbados. This property will be highlighted and featured on the Sky Villas Realty website.
The Breitinger Agency is undertaking with 8000inc and complete overhaul bringing together the reputation of the Agency and the commercial backing and connections of the group. A full re-launch is planned during quarter 1 2010 and will be announced to the markets through the usual channels. New models and clients are being recruited and signed up ready for the formal re-launch and the current client demand.
Regarding Southbridge Development Group, the potential here to make a difference, not only commercially but also to the locality should not be underestimated. This is a significant commercial enterprise with far reaching implications, and potentially multiple sites around the world. Through the 8000inc web technology division, Southbridge will be communicating directly to the public, institutional investors and markets through its own channel, where investors can follow the progression and developments of the project.
8000inc’s intention to support potential Olympic athletes has progressed significantly. It is important for 8000inc to create opportunity commercially, but also to support worthwhile causes and individuals. So it was imperative for this special project that we had the full backing of all associations and bodies, locally, nationally and internationally to ensure we delivered and we were supported. To that end an announcement is imminent.
It is our plan to build effective and informative website presences for all subsidiaries of 8000inc. Through this medium, each and every subsidiary can update and inform of all developments they have made. Each progression will also be covered on the corporate website www.8000inc.net .  Our strategy is simple; to acquire and grow through our investment fund creating a truly global brand. Our focus is realty and technology delivering opportunity and progression. In so doing we can grow our business and are able to help and support our special projects for athletes aiming to run at the Olympics and other local causes. We are certainly on target to achieve all of these goals.

Management discussion and analysis
Corporate update
8000inc has acquired the following companies as wholly owned subsidiaries of the Group:
The Breitinger Agency – www.thebreitingeragency.com
Sky Villas realty – www.skyvillasrealty.com
Southbridge Development Group
8000inc has also agreed sponsorship of a potential 2012 Olympiads; it has agreements in principle for a USA based realtor and property management company which will bring ownership of 8 properties in the USA. In addition, 8000inc has agreed to create, sponsor and commercially manage a music festival in Barbados, bringing international musicians to the Island. It is planned that the event will be held in the national indoor arena and screened to sites across the Island. Negotiations are also being held to show the event live on network TV. At this stage, it is expected that 8000inc will run the event annually, creating a true festival and managing the commercial aspects form ticket sales to merchandising and hospitality.

Operations
Consultancy Services
The 8000inc. consultancy team has not changed and delivers consultancy services to its clients and for its own acquisitions and joint ventures. The services cover the areas of strategic planning, corporate placement, change management and organizational restructuring. Through the recent and future acquisitions, the demand for and the revenue produced by this team is expanding continually and is in its own right self sufficient and profit generating
Sky Villas Realty
Sky Villas Realty has turned out to be a greater success than expected. The company web site www.skyvillasrealty.com is now live and the team is now concentrating on the company presence both locally and internationally through the 8000inc network. Sky Villas recently achieved their two hundredth property listing in Barbados with Jamoon, Sandy Lane. This property is offered through Sky Villas at $5MUSD to buy and between $11K USD to $45K USD per month depending on the time of year. Sky Villas realty and 8000inc intend to expand this property base becoming the leading realtor on the Island.
The current revenue position for Sky Villas Realty is as follows:
Sales
•   Total sales currently on the books represents in excess of BDS$125,000,000 (circa sixty three million USD)
Rentals
•   Total rentals currently the books represents $BDS 390647 (in excess of one hundred and ninety five thousand USD)
The Breitinger Agency
The Breitinger Agency is currently interviewing and recruiting models to create an elite list to set the new standard and to meet its current demand. Through the 8000inc network, The Breitinger Agency will be providing the models and hostessing the corporate events planned by 8000inc in 2010 culminating in the musical festival in Barbados. Developments and advancements including client lists will be issued and provided through the Agency web site which is continually updated.
Southbridge Development Group
The Southbridge Development Group is at the early stages of the project. It is expected that upon completion, similar sister sites will be created both nationally within the US but also internationally following the successful model created by the Southbridge team. 8000inc is currently working with the team to create the corporate website which will serve two functions. Primarily it will be the source of information for the public to see and monitor the developments and progression of the project. But due to the importance of the future plans, the site will also contain an investor section to attract Government and Financial investment from institutions for each and every locality. Announcements will be made directly through this site and all 8000inc investors will be made aware of the site launch as it happens.
Financing
Part of the core business model for 8000inc. is the creation of financing solutions for its clients and its own operations. There is no requirement neither short nor long term to raise any finance for any corporate operations. Currently 8000inc. has access to $75M of capital finance through its networks and internal financing mechanism.  This funding is used to run the corporation and to fund the planned acquisitions and joint ventures.
Part of the teams focus is to work with the consultancy team to commercialise 8000inc initiatives such as the 2010 Barbados music festival, bring financial expertise to the table to ensure commercial success for the project. In addition the team is also approaching lending banks to acquire real estate at 50 cents in the dollar on preferred terms. These properties would then channel through the realtor interests 8000inc now has in the US and the Caribbean.

Financial Summary (See public disclosure www.pinksheets.com)

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8000 inc is the culmination of 15 years of networking experience and success in the corporate world, stock markets and the technology and financial arenas with direct accessto corporate networks and Investment Banks.