To: Jeffrey S. Mitchell who wrote (4010 ) 1/6/2003 9:05:18 PM From: StockDung Respond to of 12465 Stock Regent International Broadcasting Corp. (OTC:BB) .01 12/1/02 stockregent.com Home Page | Custom Page | Custom2 Page | Custom3 Page | Custom4 Page | About Page International Broadcasting Corp. (OTC:BB) .01 12/1/02 International Broadcasting Corporation (ticker symbol: IBCS) is a developmental stage company that will endeavor to develop successful publishing, media, and broadcasting related businesses and ventures. The Company is essentially an online content provider. IBCS is a fully reporting, publicly traded company listed on the NASDAQ OTCBB, ticker symbol "IBCS." For the flagship division, IBCS has created a service called IBC News Network. The news network consists of two different services: 1) An email-based premium service focused on providing profitable "stock tips" to paid subscribers. 2) A press release and news distribution service focused on providing timely financial news, market commentary and other information critical to Micro-Cap stock investors. The IBC News Network is a highly specialized news service that delivers business and financial news and information focusing exclusively on publicly-traded companies that fall into the Micro-Cap category (stocks under ). These stocks are quoted on the NASDAQ, NYSE, AMEX, OTCBB, and Pink Sheets. The goal is for the division to earn a reputation as an authoritative, independent, and unbiased news and information source on microcap stocks, free from any spin, slant or editorial angle. The website is designed to become a viable destination that generates revenue through subscriptions to the premium service, advertising/sponsorship fees and news distribution fees. The concept is to create a service similar to "Wall Street Journal," "Investors Business Daily," but focused on small publicly-traded companies that do not receive mainstream press coverage from such prestigious major business media. IBC Radio is an Internet radio station with a unique, all-talk format. The station recently launched Stock Talk LIVE, a business radio show focused exclusively on continous coverage of microcap stocks (stocks under ) each and every stock market trading day. Stock Talk LIVE is a major milestone not only for International Broadcasting Corporation but for the financial media industry and business information consumers as a whole. There are other weekly and even daily short-length radio shows about tiny companies and stocks, but to the best of our knowledge no one has ever done LIVE continuous coverage of micro cap stocks each and every trading day from opening bell to the close and beyond. Our focus here is to develop a "Bloomberg Radio" or "CNBC" concept, focused on providing information about small publicly- traded companies that typically do not receive press coverage by these major media outlets. The station will compliment the content provided by IBC News Network. Radio is an informative and entertaining format that has the test of time behind it. The third and newest division is the IBC Entertainment Group, which will endeavor to pursue and gain market share in the independent movie production and distribution industry, beginning with the online, on-demand Internet movie website Cult Movies Online. This dynamic website is the first to exclusively offer hard-to-find, unconventional full-length feature films for broadcast streaming via the Internet . Established in January 2002 and acquired in August 2002 by IBC, Cult Movies Online reaches a global audience, and is the first of planned websites designed to capture subscription-based and pay-per-view revenues from the multi-billion dollar Internet broadband market.