OTCBB ALERTS

[Mandroid]

De Greko, Inc. DGKO), a holding
company that specializes in consolidating Greek themed revenue-generating
companies, today announced that its board of directors has approved the
company's 2006 stock buy back program.



The company's program will include the buy back of an undisclosed amount of
Shares over the next 3 months. The purchase of the shares will be on the
open market and will conform to SEC Regulations as pointed out in Rule
10b-18. The Rule requires an issuer to use a single broker or dealer (per
day) to bid for or purchase its common stock. Pursuant to this rule, the
stock buyback will be done by Spartan's Securities in Florida, MM symbol
MICA.





For all future De Greko investor relations needs, investors are asked to
visit the De Greko IR Hub at http://www.AGORACOM.com/IR/DeGreko where they
can post questions and receive answers within the same day, or simply
review questions and answers posted by other investors. Alternatively,
investors are able to e-mail all questions and correspondence to
[e-mail] where they can also request addition to the investor
e-mail list to receive all future press releases and updates in real time.



About De Greko, Inc.: http://www.DeGreko.com



De Greko, Inc. (OTC: DGKO) is the parent company of De Greko Foods, De
Greko Communications and De Greko Entertainment. Founded in 1998 as De
Greko, LLC, the Company plans to serve as a commercial hub for a variety of
revenue-generating companies. De Greko's business philosophy combines the
American entrepreneurial sprit with old-world charm and cutting edge
commercial innovation.



Note: All statements, other than statements of fact, included in this
release, may include forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will be
accurate and actual results and future events could differ materially from
those anticipated in such statements. The Company cautions that such
matters necessarily involve significant risks and uncertainties that could
cause actual operating results to differ materially from such statements,
including, without limitation: (i) competition, (ii) fluctuations demand
and supply of our target markets, including Internet based telephone
operations (iii) risks associated with new business ventures. Investors are
advised to seek professional advice and conduct a complete due diligence
regarding this, or any other company being considered for investment
purposes. Investing in securities, particularly in issues priced at less
than $1 per share, involves substantial risk and may result in a partial or
complete loss of investment capital. Press releases issued by the company
should not be interpreted as an offer to sell or a solicitation to buy
company stock.



CONTACT INFORMATION

Investor Relations

AGORACOM Investor Relations
http://www.AGORACOM.com/IR/DeGreko
[e-mail]