Truth is, you are not going to have 16 sq feet of plants. Just because the room is 16 sq ft, that doesn't mean every square foot will be covered with plants. If you had two plants in a 5 gallon bucket, or 4 plants in a ten gallon reservoir, then you'd need less than half of what we previously calculated.
Those 8 42 watt 2700 K are excellent for Flowering 4 plants, maybe even 6 crowded together. . Now get about 160 to 200 watts of 6500 Kelvin bulbs and you will do just fine.
Two plants one in each 5 gallon bucket. I was thinking of buying a twelve pack of the plants i linked to home depot. Should i use more red cfl's when flowering? I was thinking like 12 42w 2700k blubs (red) and 4-5 of the day light bulbs (blue) for flowering and the opposite for vegging. But I will start off with one plant before graduating to two. I might be moving so thats the most i am going to grow in that area