FrankSpeech Network Inc (FSBN)

[murmel007]

FT. LAUDERDALE, FL, May 26 (MARKET WIRE) --
TBC Global News Network (OTCBB: TGLN) is pleased to announce the decision
by Arlene and Glenn McMachen, the controlling stockholders of the
company, to return collectively 1.5 billion shares of common stock to the
company for cancellation and return to treasury. Glenn McMachen, CEO of
the company, stated, "In an effort to reduce the risks inherent in a
reverse split, we have decided to return these shares to the company."
Mr. McMachen further stated, "In this economy, a reverse split at this
time would not be advantageous to stockholders." The return of shares to
treasury has increased the ownership percentage by non-affiliated
stockholders by approximately 40%. The shares in question have been sent
to the company's transfer agent today for cancellation.

Glenn Further comments on 10Q, "The 10Q filed this week represents the
closure of the prior business model of TBC Global and does not show any
revenues of its subsidiary, Sterling Yacht Sales, Inc., which is the only
operating entity remaining in the company (it began such operations in
the second quarter). We intend to change the name of the company and
update all pertinent information. We plan on announcing a conference call
with shareholders in June to bring all shareholders up to speed on the
company and address all questions and concerns."