8000inc (EIGH.pk) subsidiary Monk's Den to deliver its trading strategy through its own Trading and Informational Platform
MANASSAS, VA, Sept. 17 /PRNewswire-FirstCall/ - Monk's Den, renowned for its Investment Training has developed a software program implementing the methods taught in its classes across the US and Europe. The program uses an algorithmic format to alert traders when to buy or sell based on the proven signals and principles developed by founder Dr. Jerry Williams. Audio and email alerts will inform traders of particular conditions within the market for those signals. The software will be based on a monthly licensing arrangement and will be available quarter 4 2010. Projections based on attendees of the Monk's Den seminar', have shown that the program will empower the individual to take the learned skills into the market and will ensure optimal execution based on the Monk's Den proven trading philosophy. The revenue generation from this project is expected to double current Monk's Den figures (to $10M USD) by quarter 3 2011.
Jerry Williams, Ph.D., Founder of Monk's Den stated "It has always been our goal to make the market as easy as possible to interpret and provide trading opportunities. I believe this program will empower people of any experience level to experience the freedom that comes from profiting in the market.
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.
SOURCE 8000inc
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