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Friday, November 30, 2007 9:38:47 PM
"This gives LGN a running start for 2008. And in chatting with Lisa, we have Nick Loren's album 'Let's Make It Real,' release in early 2008 and additional catalog releases from the former EMI catalog MaxMex. I have chatted with the board and Dr. Dre; our parent company is in agreement that we are going to aggressively speak with outside funding sources to either partner or take an equity position with us in the acquisition of additional catalogs in 2008. Catalog sales are still strong in the music industry and with our plans to move into the publishing and licensing sectors of the music business, the Company will have the huge advantage of owning the rights to the music we distribute.
"I would also like to address questions that have come up recently; the company is committed to moving towards the OTCBB and we expect to make additional announcements in the first quarter of 2008. I know that our shareholders are anxious for information, but there are steps that are required and these things take time. Audits will be required and as it is late November we have determined that we should wait until the year end and audit the complete year during January and February 2008. Realistically, we have only been in ISBL for 3 months and I am extremely encouraged with our progress up to this point," stated Steve Lane, President of ISBL.
"Our new corporate website is being edited and it will be available late in the afternoon on Friday, November 30, 2007 @ http://www.iseblu.com, some elements and additional editing will be added next week ."
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