Buffalo, NY 12/17/2009 2:35:15 AM
News / Business

8000 Inc. Provides $1.5M Cash Investment

A joint venture has been initiated by SDG and Massachusetts EB-5 organization for educational services, real estate development and manufacturing. SDG (Southbridge Development Group Inc. is a wholly owned subsidiary of 8000inc due to the $1.5M cash investment they are providing for SDG project. This investment will help both 8000inc as well as SDG.

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Larry Mathews, President Southbridge Development Group Inc. stated "This financing is a significant event for Southbridge, as it brings in both capital and experienced investors who can help us achieve our ambitious growth plans. The realization of this investment now means we can progress without barriers to deliver what we feel is an exceptional project and investment opportunity. I and the team are looking forward to working with 8000inc, whose creativeness and vision has ensured the project can now deliver its plan."

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