Reno, NV– November 12, 2014- CIBL, Inc. (OTC Markets: CIBY)(“CIBL” or the “Company”) is announcing that its Board of Directors (the “Board”) has authorized the Company to repurchase up to an additional 1,300 of its common shares. This new authorization increases the total amount of CIBL’s shares currently authorized for repurchase to 2,060 shares because there were 760 shares remaining from previous Board authorizations. Since its spin-off from LICT Corporation in November 2007, CIBL has repurchased 7,010 of its shares, including shares purchased in two “Modified Dutch Auctions”. Through those Auctions, 2,460 shares were purchased in December 2012 and 2,286 were purchased in January 2014. The Company now has 18,105 shares of its common stock outstanding.
Continue reading CIBL, INC. Announces Board Authorization to Repurchase An Additional 1,300 of its Common SharesYear: 2014
CIBL, Inc. Reports Third Quarter 2014 Financial Results
Reno, NV – November 7, 2014 – CIBL, Inc. (“CIBL” or “the Company”; OTC Pink ®: CIBY) announced results for the third quarter of 2014. See Attachments A and B.
Summary
At September 30, 2014, CIBL held $24.7 million in liquid assets less income taxes payable ($25.4 million in cash and equivalents less an estimated tax liability of $0.7 million) or $1,366 per share. In addition, the company owns 40.6% (164,307 common shares) of ICTC Group, Inc. (“ICTG”; OTC Pink ®: ICTG); 10,000 shares of Solix Inc. (a private outsourcing firm that provides, among other services, billing and collection for the telecommunications industry); and a $0.2 million note receivable from LICT Corporation.
Continue reading CIBL, Inc. Reports Third Quarter 2014 Financial Results2013 Annual Report
2014 Quarterly Reports
Quarterly Report For Period Ended September 30, 2014
Quarterly Report For Period Ended June 30, 2014
Quarterly Report For Period Ended March 31, 2014
CIBL, Inc. Reports Second Quarter 2014 Financial Results
Reno, NV – August 13, 2014 – CIBL, Inc. (“CIBL” or “the Company”; OTC Pink ®: CIBY) announced results for the second quarter of 2014. See Attachments A and B.
Summary
At June 30, 2014, CIBL held $26.0 million in liquid assets less income taxes payable (estimated at $1.6 million) or $1,360 per share. In addition, the company owns 40.6% (164,307 common shares) of ICTC Group, Inc. (“ICTG”; OTC Pink ®: ICTG); 10,000 shares of Solix Inc. (a private outsourcing firm that provides, among other services, billing and collection for the telecommunications industry); and a $0.3 million note receivable from LICT Corporation.
Continue reading CIBL, Inc. Reports Second Quarter 2014 Financial ResultsCIBL Closes On Sale OF Its Two Television Stations
Reno, Nevada – March 17, 2014 – CIBL, Inc. (Pink Sheets: CIBY)(“CIBL” or the “Company”) The acquisition by Nexstar Broadcasting, Inc. of television stations WOI and WHBF, in which CIBL had held interests, has closed. The Federal Communications Commission approved the acquisitions on March 5, 2014. Prior to these transactions, the two broadcast properties were licensed and operated by Capital Communications Company, Inc. and Coronet Communications Company, respectively, in which the Company held minority interests. The stations primarily serve Iowa markets.
Continue reading CIBL Closes On Sale OF Its Two Television StationsCIBL, Inc. Reports First Quarter 2014 Financial Results
Reno, NV – June 3, 2013 – CIBL, Inc. (“CIBL” or “the Company”; OTC Pink ®: CIBY) announced results for the first quarter of 2014. See Attachments A and B.
Summary
At March 31, 2014, CIBL held $26.2 million in liquid assets and net receivables from the recent sale of its television broadcasting interests, less income taxes payable which were estimated at $3.2 million, or $1,360 per share. In addition, the company held 164,307 common shares, or 40.6%, of ICTC Group Inc. which, on a mark to market basis, was $3.3 million, 10,000 shares in Solix Inc. (an outsourcing firm that provides, among other services, billing and collection services to the telecommunications industry), and a $0.4 million Note Receivable from LICT Corporation.
Continue reading CIBL, Inc. Reports First Quarter 2014 Financial ResultsCIBL Announces Preliminary Results Of Its Modified Dutch Auction Tender Offer
RENO,- Nev., January 9, 2014 – CIBL, Inc. (“CIBL”) (PINK: CIBY) announced today the preliminary results of its modified Dutch Auction tender offer (the “Offer”), commenced December 9, 2013, to purchase for cash up to 2,200 shares of its outstanding common stock, $0.01 par value, at a price per share of not less than $1,300 nor greater than $1,350. The Offer expired at 5:00 p.m., Eastern Time, on January 8, 2014.
Continue reading CIBL Announces Preliminary Results Of Its Modified Dutch Auction Tender Offer