Forwardly Inc (FORW)

[Foolish Genius]

FSBO Quarterly Progress Report to Shareholders



CORAL SPRINGS FL -- (MARKET WIRE) -- 06/28/06 -- FSBO Media Holdings, Inc (PINKSHEETS: FSMH) is approaching its first full year of business. Here are some of the
recent events leading into our fourth quarter of operations:

-- FSMH and Survival Four are the promoters of Sting Miami 2006
www.stingmiami2006.com. The concert represents a new era for the company
with the specific goal of producing and promoting media and entertainment
events of international standards and quality.
-- FSMH management forecasts revenues from the concert tour to be in the
eight-figure range.
-- FSMH has provided its shareholders with 2 forward splits increasing
liquidity and shareholder value. The company is exploring the possibilities
of paying a special cash dividend to its shareholders upon the successful
outcome of the venture. The dividend will be subject to achieving certain
income and profitability benchmarks.
-- FSMH plan is to capitalize brand name events like STING MIAMI that has
established itself as a true reggae/dancehall brand internationally. The
company has plans to hold other STING concerts in Atlanta, New York and Los
Angeles as well as taking it on the road to England, Germany, Australia and
Japan. The promotion will open the door to various revenue streams for our
company. Sales of DVDs, CDs, streaming internet video, television and
memorabilia are just some of the potential areas of income to be derived
from the relationship with Survival Four and the STING MIAMI 2006 concert.
The event will reach the eyes and ears of millions of people all over the
world with our corporate support. We believe the general appeal of reggae,
reggaeton, hip-hop and R&B will allow us to draw huge crowds and tremendous
worldwide exposure for FSBO Media Holdings.
-- The artist line up includes Grammy Award winners such as Wycleff Jean,
Ying Yang Twins, Turbulence, Beanie Man, Luke Skywalker, DJ Khalid, Richie
Spice Trina, Gyptian, Spice, Chrine, Avant, Natural Black, Little, Mary J.
Blige. We presently are working to bring her and other quality entertainers
to the MIAMI STING 2006 event.



Click here to see the line up. http://www.fsbomediaholdings.com/stingmiami/
and http://www.fsbowebtv.com/sting/sting.wmv to see and hear what
103.5 FM "THE BEAT" super jock PAPA KEITH has to say.

-- FSMH has completed the production for BY OWNER UNIVERSITY(TM) which is
the first CD in a series of instructional tutorials. The series of
tutorials will provide information and direction to the FOR SALE BY OWNER
home seller to include foreclosure opportunities, commercial and
residential investments and other important real estate knowledge. The
initial CD will be directly marketed to homeowners and property owners who
wish to sell their property and save the 5-7% commission charged by real
estate agents. This amounts to thousands of dollars saved by the property
owner. www.byowneruniversity.com
-- This will be accomplished through our joint marketing agreement with
Centale Inc. Centale will market our products and services through its AOL
white listed, permission-based email database. www.centale.com
-- FSMH entered into a definitive agreement to acquire software
technology and hosting company RelaxRelax Inc (d/b/a FLV Hosting). FLV
Hosting provides services to such companies as USA Today, Comcast,
Wrigleys, Bosch and others through its alliance with Liquidus. FLV Hosting
provides quality video playback for use in client campaigns. Since
September 2003 the FLV team has embraced the emerging Macromedia (now
Adobe) Flash Communications Server technology. Several comprehensive media
delivery systems have been authored. The skills of the FLV staff have
brought many media delivery options for Flash with a philosophy of sharing
these developments with clients and webmasters. Click here to see and hear
more: http://www.flvhosting.com/index.php?sc=8
-- FSMH has entered into a joint marketing agreement with Billy Martin's
USA (PINKSHEETS: BLYM), a 27-year-old brand known for its upscale apparel
and accessory products with a western flair. www.billymartin.com. The Billy
Martin's branded poker apparel and accessory products will be advertised
and marketed through the online marketing department of Centale Inc.
utilizing a distribution asset of over 100 million deliverable email
records matched with corresponding postal codes and further segregated via
demographic selects. Centale has identified 3.3 million records of poker-
affinity recipients to initiate the marketing campaign.
-- FSMH is developing The Deadwood Collection www.billymartins.com The
Deadwood Collection web site is under construction. When completed it will
offer a clothing line based on the popular HBO Dead Wood award winning
series. We are also developing an online e-commerce website as part of our
joint marketing agreement.
-- FSMH is in the final development stage of FSBO Home Shoppers Network
www.fsbohspn.com which offers thousands of items for sale, including cars,
trucks, boats and numerous personal and household items.

FSBO Media Holdings excels in web development and media strategy,
online-offline promotions, partnership marketing, and
branding/identity. FSMH utilizes conventional forms of media
advertisement such as Internet, TV, print and radio. Other service
providers will be able to advertise services and products through the
FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc.
will also seek to acquire other businesses related to the real estate
industry as well as other providers of media content. FSBO Media
Holdings has established individual divisions to include FSBO Home
Shoppers Network an online merchandiser of thousands of household
items, FSBO Financial Network by which the Video-Spectus
www.videospectus.com is produced and sold. FSBO Mortgage, FSBO Title
and FSBO flat fee home listing and marketing services



FSBO WebTV'S primary video programming is directed towards the For Sale By
Owner real estate marketing and listing business. FSMH is modeling its
services after the discount stock brokerage businesses that revolutionized
their industry such as Scottrade, E-Trade and other popular consumer
accepted brokerage services that have provided the "Self Help Directed"
methods of buying, selling and making investment decisions on their own
without paying high commissions. www.fsbowebtv.com



This media release may contain forward-looking statements regarding but not
limited to management, market potential, distributor success, market size,
international sales, including statements regarding the intent, belief or
current expectations of FSBO Media Holdings, Inc. and uncertainties that
could materially affect actual results. Investors should refer to documents
that the Company intends to file with the SEC for a description of certain
factors that could change actual results. Investors should refer to factors
that could cause actual results to vary from current expectations and the
forward-looking statements contained in this media release.



Contact:
FSBO Media Holdings Inc.
Marlene Shim
Public Relations
[e-mail]
866-453-FSBO (3726)