QBID buying press releases again/
Who cares if they're true, as long as it pumps up the price.
biz.yahoo.com
biz.yahoo.com
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Press Release Source: Triangle Multi-Media
A Private Group of Investors is in the Process of Purchasing a Large Portion of QBID Stock
Monday March 21, 11:07 am ET
The Private Group of Investors is Committed on Buying QBID Stock to .01
PALM SPRINGS, Calif.--(BUSINESS WIRE)--March 21, 2005--Triangle Multi-Media (Pink Sheets: QBID - News), the parent company of Q Television Network, was informed late last week that a private group of investors is in the process of buying a large portion of its QBID stock. The private group of investors has committed themselves to buying QBID stock up to .01.
"We are delighted to have such strong support for our company. Management and I feel strongly that the stock is extremely undervalued and we believe it won't take long to see the price of the stock at a penny," stated Frank Olsen, President and CEO of Q Television Network. "Our company is stronger than ever. We are building something great in Q Television, but there is a clear disconnection between the explosive growth of the company and the current price of the stock.
"Furthermore, we believe our stock is being unjustifiably suppressed and we can no longer sit back and tolerate that type of manipulation. We are working with the private investors and are taking active steps to turn this around. We feel strongly this will restore confidence in our loyal shareholders and restore true value in our company stock," said Olsen.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.
Contact:
CWR & Partners, LLP
Ronnie Welch, 508-222-4802
Ronnie@cwrpartners.com
Source: Triangle Multi-Media
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Press Release Source: IBAC Corporation
IBAC Corporation Has Been Informed That a Private Investment Group is in the Process of Purchasing a Large Position in the Company
Tuesday March 22, 10:18 am ET
NEW YORK--(BUSINESS WIRE)--March 22, 2005--IBAC Corporation (Pink Sheets: ICAN - News), has been informed that a private group of investors is in the process of buying a large portion of its ICAN stock on the open market. The private group of investors has committed themselves to buying ICAN stock up to .01
"We are extremely pleased to have such a strong interest in our company, Management feels strongly that the company's stock is extremely undervalued and we believe it won't take long to see the price appreciate to a level respective of the company," stated Edward W. Hayter, President and CEO of IBAC Corporation. "Our company is operating better than ever. We are building the company aggressively per our stated plans, but there is a clear difference between the growth of the company and the current price of the stock.
"Furthermore, we believe our stock is being unjustifiably suppressed and we can no longer sit back and tolerate that type of manipulation. We are working with the proper professionals and are taking active steps to correct this issue. We feel strongly this will help bring the true value to our company's stock," said Edward W. Hayter.
About IBAC Corporation: (Pink Sheets: ICAN - News). IBAC Corporation, through its operating subsidiaries, IBAC Corporation owns/operates The Sanibel Restaurant Group/The Royal Arkansas Hotel & Suites/National Hospitality Management Services/The Royal Entertainment Group a company based in New York, IBAC intends to grow aggressively throughout the next three years, through acquisitions, mergers and the building of new establishments.
Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
IBAC Corporation
Investor Relations, 718-891-8188
Fax: 775-320-5437
Investorrelations@ibaccorp.com
ibaccorp.com
Source: IBAC Corporation |
