Message #25 From:
NewsBot Date: November 15, 2006 06:25:00 AM
IBCS News International Broadcasting Corp. Announces Assembly of Advisory Team
SPOKANE, Wash.--(BUSINESS WIRE)--International Broadcasting Corp. (OTC: IBCS) announced today that it has
formed a special Advisory Team of independent individuals with expertise
in finance, mergers and acquisition and corporate expansion to consult
its Board of Directors.
The special Advisory Team is comprised of experienced executives that
are existing shareholders seeking to assist the Company in expansion and
growth as well as promote shareholder value. The Advisory Team will not
be receiving any fees for their services.
IBC plans to use proceeds from its next round of financing for expansion
of the Company’s radio talk content, as well
as merger; acquisitions and strategic alliances for complimentary
businesses, products and services.
Over the past few months IBC has been executing on an aggressive
corporate restructuring program that has been led by its President, Mr.
Darrell Nether, and the formation of the special Advisory Team is
another element of the plan.
Mr. Darrell Nether, President of International Broadcasting Corporation,
commented, ”What better way to move IBC
forward than with a group of varied interested professionals that
already have a vested interest in seeing the success of their
investment. It is truly a win-win situation."
International Broadcasting Corp. owns and operates "Stock Talk LIVE," a
fully interactive 7-hour long business radio talk show focused
exclusively on small-cap stocks priced below $5. Since 2002, the show
has been "on-the-air" each and every stock market day. Every show covers
a wide spectrum of stocks, interesting and knowledgeable callers, and
significant trading opportunities for both long and short-term
perspectives. International Broadcasting is also a holding company,
holding stock positions in many other young, progressive companies. For
more information about International Broadcasting Corporation, please
visit our main corporate website at www.IBCmedia.com.
Statements in this press release other than statements of historical
fact are ``forward-looking statements.'' Such statements are subject to
certain risks and uncertainties including the demand for the Company's
services, litigation, labor market, and other risk factors identified
from time to time in the Company's filings with the Securities and
Exchange Commission that could cause actual results to differ materially
from any forward looking statements. These forward-looking statements
represent the Company's judgment as of the date of this release. The
Company disclaims, however, any intent or obligation to update these
forward-looking statements. The disclaimer for sponsors is located at http://ibcnn.com/disclaimer.htm.