SEC
Whistleblower
Advocates

September 16, 2015

8000 Inc.

Market Manipulation

SANCTION AMOUNT: $6,525,000

Defendants: 8000 Inc.

Company's common stock was manipulated through dissemination of financial reports and press releases falsely claiming millions of dollars in capital financing and revenues. Volume of trading rose by 93% and stock price went from less than $0.01 per share to $0.42 per share. Executives and other participants in the scheme then sold or facilitated the sale of stock (which should have been restricted).

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