Ise Blu Equity Corp. (ISBL) began talks with an Entertainment OTCBB company to possibly create a merger between them. The company reported that having a deal done by the end of the year is a possibility, but they may have to wait until mid-January for the finalization of the deal.
ISBL is a business development corp. that combines entertainment with new media and marketing to cater to the independent entertainment industry. The company’s primary focuses consist on the music industry, film properties, live events, broadcast projects, and new media/social networking. ISBL looks to provide quality products at a reasonable cost by securing funding through a public vehicle.
The President of ISBL, Steve Lane, will be involved in an interview through www.Wallstreet.net this week to provide additional information about the possible merger and other news concerning ISBL. “This has been in the works for some time and we are excited about the possibilities. This would help everyone but especially our shareholders as we are doing all we can to assist them and for the company to be successful,” stated Steve Lane.
Following up an earlier press release about Central Park North Worldwide Events, the company announced that it’s planning on launching their new website by the end of year, and has reached a deal with Mel Rich to be executive producer’s of an upcoming Al Martino Concert that will be held at the Coral Springs Center for the Performing Arts on April 24, 2008 in Coral Springs, FL.
Steve Lane and Lisa Sam will be announcing their 2008 first quarter releases and projects in January. A few things that will be included in the release will be the upcoming Nick Loren Album, and updates on the holiday sales, as well as the release schedule in regards to the Latin Catalog with Select-O-Hits distribution.
Currently, Doctor Dre and Rick Papaleo are in talks with regard to the development of the social networks and are negotiating contracts to be signed within 30 days.
To keep posted on ISBL and all the latest news concerning the merger, the company website will be up and running on Wednesday as it will be posting blogs and answering company questions to the best of their knowledge.
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