Image Globe Solutions Updates Filing Progress and Corporate Information
TORONTO, Feb 15, 2006 (MARKET WIRE via COMTEX) -- Image Globe Solutions, Inc. (OTC: IGSS) issued a progress update today with respect to the Company's efforts in becoming a fully reporting issuer. Image Globe Solutions has retained Anslow & Jaclin, LLP of Manalapan, New Jersey, to update and file the Company's completed SB2 document with the Securities & Exchange Commission upon finalization of the Company's financial statements by its auditors, SF Partnership, LLP, of Toronto, Ontario.
Image Globe Solutions CEO, Paul Barry, remarked, "We are making significant progress concerning our mandate of becoming a fully reporting company. We believe whole-heartedly in the importance of financial and operational transparency for our investors, so they can be assured about the quality of their investment and so the Company's share price can accurately reflect our intrinsic value. We also believe it is important for the Company to hold itself to the same standard as our competitors in the sub-prime leasing business, such as GE Capital, a subsidiary of General Electric and Wells Fargo, as well as the traditional finance companies who are not involved in sub-prime leasing, such as General Motors, Ford and DaimlerChrysler."
Mr. Barry continued, "In keeping with our mandate, we have committed to updating all of the Company's information in the public domain to facilitate full disclosure as best we can prior to our attainment of fully-reporting status with the appropriate regulatory bodies."
Image Globe Solutions Corporate information:
Capital Structure
Shares Authorized: 100,000,000
Shares Outstanding: 27,868,480 (as of Feb, 6, 2006)
Tradable Float: 19,463,187 (Approx.)
Market Capitalization: $1,950,000 (Approx as of Feb, 6, 2006)
Corporate Information
Corporate Contact Information: (Available on Company website: www.i-globesolutions.com)
Corporate Counsel: Anslow & Jaclin, LLP, Manalapan, New Jersey
Corporate Accountants: SF Partnership, LLP, Toronto, Ontario, Canada
Transfer Agent: Computershare Trust Company, Inc., Golden, Colorado
Investor Relations: Brass Bulls Corporation, Parkland, Florida
SIC#: 6159. (Misc. Business Credit Institution)
About Image Globe Solutions, Inc.
Image Globe Solutions, Inc. seeks out and selects private companies deemed to have significant growth and cash flow potential and reasonable risk profiles and acquire them at an early stage in their growth cycle. Image Globe Solutions then brings all their resources to bear in optimizing their growth while, at the same time, assisting and guiding their development toward becoming publicly traded companies. This process provides ongoing and increasing added value tied to an exit strategy which facilitates the recovery of initial investment. Currently, Image Globe Solutions Inc. through its wholly owned subsidiary, LA AUTO LEASE(TM) specializes in used vehicle leasing for consumers unable to obtain financing from traditional lending sources.
FOR FURTHER INFORMATION, go to the Company's website at:
www.i-globesolutions.com
Contact:
Brass Bulls Corp.
Investor Relations
(866) 342.2700
or
Image Globe Solutions Inc.
(905)-825-1200
SOURCE: Image Globe Solutions, Inc.
CONTACT: i-globesolutions.com
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