Science & Technology
Science and Technology
Science and Technology
Wed, August 26, 2009
Tue, August 25, 2009
DealerAdvance: DealerAdvance CEO Steven Humphries Comments on Cabal Communications Corporation's Future Plans
ADDISON, TX--(Marketwire - August 25, 2009) - DealerAdvance, Inc. (
Humphries said, "We are extremely excited about the communications industry, as there are many opportunities available for the company that we are exploring. Obviously the announcement from Monday (8/24) with regard to the expansion of Sports Page Weekly through syndication will have a significant, positive impact on the company. We are moving forward with the plan as we are already in discussions with a Philadelphia group. Additionally, we are looking at the radio industry and have identified specific radio properties of which we are in the process of doing our due diligence. It's a great time to get into radio, as the prices are at an all time low."
With regard to funding plans Humphries said, "We are taking a different approach, as each of the entities under Cabal are or will be private companies. This allows us to do private placements inside of the private entities to raise the capital for acquisitions and operations."
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Earthworks Entertainment's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
