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biz.yahoo.com/bw/051223/20051223005226.html?.v=1
International Broadcasting Corporation in Talks with WALL-AIR, Inc.
Friday December 23, 3:21 pm ET
SPOKANE, Wash.--(BUSINESS WIRE)--Dec. 23, 2005--International Broadcasting Corporation (OTCBB:IBCSE - News) announces that WALL-AIR Inc. and IBC are currently in talks for a possible merger, strategic alliance, or spinoff. Both parties are currently in talks and are looking at all aspects that would benefit both companies.
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WALL-AIR Inc. President and C.E.O. Daniel Romano states, "We feel IBC would be a valuable asset to our company. Joining forces would help WALL-AIR Inc. advertise its services. It is our intent to also implement several improvements to IBC Radio Network, and our biggest interest in them, Stock Talk Live. We think Stock Talk Live is a great show, and has tremendous potential.
"Some of our plans include sponsor stock dividends to shareholders, as well as a weekly contest where listeners would get a virtual amount to spend on one stock they choose over the weekend. Then they would go to the website and submit their entry. The stock with the highest increase in value would win. The results and contestants' entries would be available at the website. Prizes will include cash, as well as other great items such as X-box and iPods. We believe these ideas would increase the STL listener base. We want to continue STL as a fun place for microcap investors to interact and share their opinions on stocks.
"We are currently in talks with IBC about these and many other ideas to improve Stock Talk LIVE and increase the IBC Radio listening audience. We also feel shareholders should receive a part of IBC sponsors, and are currently looking into that. Other plans include banner ads on website such as Raging Bull and yahoo!. Our ultimate goal is to get IBC Radio on one of the satellite radio systems, as well as have IBC profitable by the end of 2006. More information will be released as things unfold."
About WALL-AIR
WALL-AIR Inc. is a Florida-based In Wall Air Conditioner Sales & Service Company, Incorporated back in August of 2005. Since then, WALL-AIR has already done work in several hotels in Florida, including one major chain's 180 room hotel voted their number one hotel property in the country. In just three months, this was a tremendous contract for WALL-AIR, inc. We will also be incorporating in the state of Texas in January of 2006. We are currently in talks with five hotels in Texas and one hotel in Oklahoma, to begin work after the new year. WALL-AIR Inc. is expected to be profitable within the first quarter of 2006. We have received an overwhelming response to our ad mailings and are currently addressing the situation to handle the extra work. WALL-AIR Inc also sends faxes to hotels as well, and has found it to be very effective, and have received our first contract through this method of advertising. More information on WALL-AIR Inc. may be obtained at our website www.Wall-Air.com. Our website will be totally revamped by the end of January 2006.
About International Broadcasting Corporation
International Broadcasting Corporation is focused on developing successful media and broadcasting related businesses and ventures and the exploration of other business opportunities to enhance shareholder value.
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.
biz.yahoo.com/bw/051223/20051223005226.html?.v=1
International Broadcasting Corporation in Talks with WALL-AIR, Inc.
Friday December 23, 3:21 pm ET
SPOKANE, Wash.--(BUSINESS WIRE)--Dec. 23, 2005--International Broadcasting Corporation (OTCBB:IBCSE - News) announces that WALL-AIR Inc. and IBC are currently in talks for a possible merger, strategic alliance, or spinoff. Both parties are currently in talks and are looking at all aspects that would benefit both companies.
ADVERTISEMENT
WALL-AIR Inc. President and C.E.O. Daniel Romano states, "We feel IBC would be a valuable asset to our company. Joining forces would help WALL-AIR Inc. advertise its services. It is our intent to also implement several improvements to IBC Radio Network, and our biggest interest in them, Stock Talk Live. We think Stock Talk Live is a great show, and has tremendous potential.
"Some of our plans include sponsor stock dividends to shareholders, as well as a weekly contest where listeners would get a virtual amount to spend on one stock they choose over the weekend. Then they would go to the website and submit their entry. The stock with the highest increase in value would win. The results and contestants' entries would be available at the website. Prizes will include cash, as well as other great items such as X-box and iPods. We believe these ideas would increase the STL listener base. We want to continue STL as a fun place for microcap investors to interact and share their opinions on stocks.
"We are currently in talks with IBC about these and many other ideas to improve Stock Talk LIVE and increase the IBC Radio listening audience. We also feel shareholders should receive a part of IBC sponsors, and are currently looking into that. Other plans include banner ads on website such as Raging Bull and yahoo!. Our ultimate goal is to get IBC Radio on one of the satellite radio systems, as well as have IBC profitable by the end of 2006. More information will be released as things unfold."
About WALL-AIR
WALL-AIR Inc. is a Florida-based In Wall Air Conditioner Sales & Service Company, Incorporated back in August of 2005. Since then, WALL-AIR has already done work in several hotels in Florida, including one major chain's 180 room hotel voted their number one hotel property in the country. In just three months, this was a tremendous contract for WALL-AIR, inc. We will also be incorporating in the state of Texas in January of 2006. We are currently in talks with five hotels in Texas and one hotel in Oklahoma, to begin work after the new year. WALL-AIR Inc. is expected to be profitable within the first quarter of 2006. We have received an overwhelming response to our ad mailings and are currently addressing the situation to handle the extra work. WALL-AIR Inc also sends faxes to hotels as well, and has found it to be very effective, and have received our first contract through this method of advertising. More information on WALL-AIR Inc. may be obtained at our website www.Wall-Air.com. Our website will be totally revamped by the end of January 2006.
About International Broadcasting Corporation
International Broadcasting Corporation is focused on developing successful media and broadcasting related businesses and ventures and the exploration of other business opportunities to enhance shareholder value.
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.
