Ise Blu Equity Corp. Sale of Assets
July 03 2008 - 1:35PM
Marketwired
ORLANDO, FL is in the process of selling the assets of the
corporation and will issue the stock received to the shareholders
of record when the registration statement for these shares is
completed. We intend to distribute these shares as a liquidating
dividend. Our legal counsel has advised that we cannot issue these
shares to our shareholders until the registration statement is
effective because of Securities and Exchange Commission rules that
prohibit such transactions. The registration statements are
expected to be filed on or around August 1, 2008. All shareholders
of record on the effective date of the registration will receive
shares of the Buyers' shares. The transactions are not final so we
may not advise who the Buyers are. Suffice it to say that the
shares to be received will carry a substantial premium to the
market price of ISBL shares on the date we were moved from the Pink
Sheets to the grey market.
Additional information will be released as available.
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. Email Contact 407-641-9705
Ise Blu Equity (CE) (USOTC:ISBL)
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