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Ise Blu Equity Corp. (PINKSHEETS: ISBL) issues mid quarter report.

As Ise Blu Equity Corp. continues with its aggressive growth plan the company, in keeping with its OPEN DOOR policy, has issued the following report to its shareholders:

The company has received many questions about the recent sale of LGN Entertainment and future of the company.

The new company, Banx and Green Group Inc. (BGGR), will launch a new company website which is expected in about 3 weeks. The website will include a news page that will include all company press releases, a blog page where the company will post updates and a financial page where the company financials will be posted as well as information on the company and contact information.

The dividend being offered to the shareholders will take effect on February 18, 2008 and is expected to open at $1.80 x $2.00 on the effectiveness of the BGGR registration statement with ISBL shareholders retaining all of their current ISBL shares.

BGGR is perusing $20 million of additional acquisitions to increase and support their expected valuation.

"One could say that this is a belated Holiday gift from the management of ISBL. Funding for companies trading on the Pink Sheets is difficult, so in staying with our business model ISBL is developing and selling its subsidiaries, to bring value to their shareholders while seeking additional growth opportunities for ISBL," states Steve Lane, President of ISBL. The company will continue building its core and is still seeking other acquisitions. Examples of the agreement and further information will be available this afternoon on our blog site at www.iseblu.com.

Updates

The company is working on 2007 year end financials and will release a Company report which will include the financials, share structure and a go forward statement in early March.

DOCTOR DRE TO APPEAR ON THE MANCOW SHOW ON FRIDAY AT 8:05 AM CST www.mancow.com and when these two get together you never what they are going to talk about.

One Media One is hard at work on its Virtual Media Mall and all projections are that a beta version will be available in the second quarter with a Late Summer/early Fall Launch. "Thing are moving a bit behind schedule but like all technology projects, these things take time if you want perfection," states Doctor Dre, CEO of ISBL

Vessel Worldwide Music President Joyce Sims is in the Studio working on her 20th anniversary album and plans are for a summer tour.

Swirl Entertainment has signed 2 new clients; details will follow in another press release or on our blog site.

Fight Co. is developing its business plan with planned ventures in fight promotion, apparel distribution for the company, the sport and its individual fighters. Development and marketing of its fighters is being developed with our Swirl subsidiary expected to do the bulk of the media exposure. Our fighters are preparing for several fights in the next couple of months. We will cross pollinate from the ISBL blog site and the Fight Co. website the location of all fights and their results as available.

The company is still accepting questions for the Q&A. Please forward all questions to [e-mail]. The company is also in discussions with its Investor Relations partner www.Wallstreet.net for an interview to answer the questions. All shareholders questions and answers will be posted on the company blog on Feb. 20, 2008.

A hotline line number for shareholders is being created. The number will be posted on the company blog.

The company strategy will continue as a holding company. The strategy is simple; diversify holding, acquire companies, assist with business development, grow the company infrastructure, assist with marketing to increase revenues and profits and evaluate for a possible reporting status and reach the OTCBB.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
Contact: Ise Blu Equity Corp. 407-380-2860 [e-mail] http://www.lgnentertainment.com

SOURCE: Ise Blu Equity Corp.
mailto:[e-mail] http://www.lgnentertainment.com