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2025 Notice of Annual Meeting of Stockholders To Be Held June 3, 2025

NOTICE IS HEREBY GIVEN to the holders of common stock, par value $0.01 per share (the “Common Stock”), of CIBL, Inc. (the “Company” or “CIBL”), a Delaware corporation, that the Company will hold this year’s annual meeting of stockholders (the “Annual Meeting”) on Tuesday, June 3, 2025 beginning at 10:45 a.m. Eastern Time, at 401 Theodore Fremd Ave, Rye, NY 10580. In addition to in person, we are offering a hybrid virtual meeting format whereby stockholders may attend, participate in, and vote at the Annual Meeting online. You may access the virtual Annual Meeting by using your 16-digit control number, which is printed on the Proxy Card accompanying this Notice and Proxy Statement, and visiting the virtual meeting website at www.virtualshareholdermeeting.com/CIBY2025. 

The Annual Meeting will be held for the following purposes: 

  1. To elect four (4) directors as our Board of Directors (the “Board”), each to serve until the nextannual meeting of stockholders and until their successors are duly elected and qualified;
  2. To ratify the appointment of Moss Adams LLP as our independent public accounting firm forthe fiscal year ending December 31, 2025; and
  3. To transact such other business as may properly come before the Annual Meeting or anyadjournment thereof.

These proposals are more fully described in the Proxy Statement accompanying this Notice. The Annual Meeting may be postponed or canceled by action of the Board upon notice given prior to the time previously scheduled for the Annual Meeting or adjourned by action of the Board. 

The close of business on April 15, 2025, has been fixed as the record date (the “Record Date”) for the determination of the stockholders entitled to notice of and to vote at the Annual Meeting. Holders of record of common stock, par value $0.01 per share, of the Company on the stock transfer books of the Company at the close of business on the Record Date are entitled to notice of, and to vote at, the Annual Meeting. 

All stockholders are cordially invited to attend the Annual Meeting either in person or virtually, as described above. However, to ensure your representation at the Annual Meeting, you are urged to vote as promptly as possible. Any stockholder attending the Annual Meeting may vote at the Annual Meeting even if such stockholder has previously returned a proxy or voted by other means. 

Cibl, Inc. 2025 Proxy StatementDownload

CIBL, Inc. Reports (Unaudited) Fourth Quarter Operating Results

Reno, NV – March 7, 2025 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ended December 31, 2024, of its operations which consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”). 

For the quarter ended December 31, 2024, the New Hampshire operations increased revenues 7.5% to $517,000 from the $481,000 from the previous year period, while EBITDA (earnings before interest, taxes, depreciation and amortization), before corporate expenses, increased 7.9% to $149,000 from the $138,000 for the previous year period. 

For the year ended December 31, 2024, the New Hampshire operations increased revenues 3.5% to $1,975,000 from the $1,909,000 for the previous year, while EBITDA, before corporate expenses, was up 16.6% to $590,000 as compared to $506,000 in 2023. 

Balance Sheet Highlights – (In Thousands of USD) 

Other Highlights 

 Other Highlights 

On September 25, 2024, the Company announced, that it completed its acquisition of 20% of Brick Skirt Holdings, Inc. (“Brick Skirt”), from LICT Corporation (“LICT”). CIBL acquired this interest through the issuance of 750 of its common shares. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state. 

Capital expenditures were $12,000 and $14,000 for the three months ending December 31, 2024, and 2023, respectively. Year to date capital expenditures were $423,000 and $83,000 for the years ending 2024 and 2023, respectively. 

During 2024, the Company acquired 852 of its shares at an average price of $1,788 per share. CIBL has 12,266 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 14,600 of its shares for $20.5 million, or an average price of $1,407 per share. Subsequent to year end 2024, the Company repurchased 496 shares of its shares for $845,000, or an average price of $1,703 per share. 

On December 19, 2024, the Company’s board of directors elected to add Diya Das as a member effective January 1, 2025. 

CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the Company in order to create shareholder value. 

* * * * 

To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate. 

CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com. 

CIBL. Inc. Press Release 12 31 2024 – 03 07 2025Download

CIBL, Inc. Reports Closing On Its Acquisition Of A 20% Interest In Brick Skirt

Reno, NV –September 25, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces that it closed on its acquisition of 20% of Brick Skirt Holdings, Inc. (“Brick Skirt”), from LICT Corporation (“LICT”). CIBL acquired this interest through the issuance of 750 of its common shares. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state. 

CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the company to create shareholder value. 

* * * * 

To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks, and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate. 

CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com. 

Kenneth D. Masiello 
Chief Financial Officer 
September 25, 2024
(775) 664-3700 

CIBL, Inc. Reports (Unaudited) Third Quarter Operating Results

Reno, NV – October 23, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ended September 30, 2024, of its operations which consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”). 

For the three months ended September 30, 2024, the New Hampshire operations increased revenues 10.3% to $524,000 from the $475,000 for the previous year’s third quarter, while EBITDA, before corporate expenses, was up 37.6% to $150,000 as compared to $109,000 in 2023. 

Balance Sheet Highlights

Other Highlights 

On September 25, 2024, the Company announced, that it closed on its acquisition of 20% of Brick Skirt Holdings, Inc. (“Brick Skirt”), from LICT Corporation (“LICT”). CIBL acquired this interest through the issuance of 750 of its common shares. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state. 

Capital expenditures were $247,000 and $5,000 for the three months ending September 30, 2024, and 2023, respectively. Year to date capital expenditures were $411,000 and $69,000 for the periods ending in 2024 and 2023, respectively. 

During 2024, the Company acquired 365 of its shares at an average price of $1,815 per share. Allowing for the shares issued to LICT, CIBL has 12,753 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 14,113 of its shares for $19.7 million, or an average price of $1,396 per share. 

CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the Company in order to create shareholder value. 

* * * * 

To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate. 

CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com. 

CIBL. Inc. Press Release 09 30 2024 – Final 10 23 2024 – BODDownload

CIBL, Inc. Reports (Unaudited) Second Quarter Operating Results

Reno, NV – August 7, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ending June 30, 2024. CIBL’s operations consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”). 

For the three months ended June 30, 2024, the New Hampshire operations generated revenues of $508,000, representing an increase of $24,000 from the $484,000 for the previous year’s second quarter, while EBITDA from New Hampshire operations, before corporate expenses, was $150,000 in the 2024 period as compared to $123,000 in 2023. 

During 2024, the Company acquired 269 of its shares at an average price of $1,816 per share. We now have 12,399 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 14,017 of its shares for $19.5 million, or an average price of $1,391 per share. 

On March 1, 2024, Bretton Woods Telephone Company’s contract with the Omni Mount Washington Resort LLC was renewed for another five-year term. 

On September 27, 2023, the Company announced, subject to regulatory approval, it will acquire 450 shares of Brick Skirt Holdings, Inc. (“Brick Skirt”), representing a 20% interest thereof, from LICT Corporation (“LICT”), for an aggregate purchase price of $1,500,000, 40% of this interest was acquired in the third quarter of 2023, by issuing 300 CIBL shares to LICT, and the remaining 60% interest is expected to be acquired in the second half of 2024. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state. 

Capital expenditures were $89,000 and $26,000 for the three months ending June 30, 2024 and 2023, respectively. 

CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the Company in order to create shareholder value. 

CIBL. Inc. Press Release 2024-06-30Download

CIBL, Inc. Reports (Unaudited) First Quarter Operating Results

Reno, NV – May 13, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ending March 31, 2024. CIBL’s operations consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”).

For the three months ended March 31, 2024, the New Hampshire operations generated revenues of $468,000, essentially the same as the prior year’s first quarter, while EBITDA, from the New Hampshire operations, before corporate expenses, was $142,000 in the 2024 period as compared to $135,000 in 2023.

During 2024, the Company acquired 21 of its shares at an average price of $1,857 per share. We now have 12,647 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 13,769 of its shares for $19.1 million, or an average price of $1,387 per share.

On September 27, 2023, the Company announced, subject to regulatory approval, it will acquire 450 shares of Brick Skirt Holdings, Inc. (“Brick Skirt”), representing a 20% interest thereof, from LICT Corporation (“LICT”), for an aggregate purchase price of $1,500,000, 40% of this interest was made in the third quarter of 2023, by issuing 300 CIBL shares to LICT, and the remaining interest is expected to be acquired in balance of 2024. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state.

CIBL’ s Board of Directors continues to evaluate a broad range of strategic alternatives for the company to create shareholder value.

CIBLInc-PressRelease03312024Download

2024 Notice of Annual Meeting of Stockholders To Be Held June 3, 2024

 NOTICE IS HEREBY GIVEN to the holders of common stock, par value $0.01 per share (the “Common Stock”), of CIBL, Inc. (the “Company” or “CIBL”), a Delaware corporation, that the Company will hold this year’s annual meeting of stockholders (the “Annual Meeting”) on Monday, June 3, 2024 beginning at 4:30 p.m. Eastern Time, at 401 Theodore Fremd Ave, Rye, NY 10580. In addition to in person, we are offering a hybrid virtual meeting format whereby stockholders may attend, participate in, and vote at the Annual Meeting online. You may access the virtual Annual Meeting by using your 16-digit control number, which is printed on the Proxy Card accompanying this Notice and Proxy Statement, and visiting the virtual meeting website at www.virtualshareholdermeeting.com/CIBY2024. 

The Annual Meeting will be held for the following purposes: 

  1. To elect three (3) directors as our Board of Directors (the “Board”), each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified; 
  2. To ratify the appointment of Moss Adams LLP as our independent public accountant and auditor for the fiscal year ending December 31, 2024; and 
  3. To transact such other business as may properly come before the Annual Meeting or any adjournment thereof. 

These proposals are more fully described in the Proxy Statement accompanying this Notice. The Annual Meeting may be postponed or canceled by action of the Board upon notice given prior to the time previously scheduled for the Annual Meeting or adjourned by action of the Board. 

The close of business on April 12, 2024 has been fixed as the record date (the “Record Date”) for the determination of the stockholders entitled to notice of and to vote at the Annual Meeting. Holders of record of common stock, par value $0.01 per share, of the Company on the stock transfer books of the Company at the close of business on the Record Date are entitled to notice of, and to vote at, the Annual Meeting. 

All stockholders are cordially invited to attend the Annual Meeting either in person or virtually, as described above. However, to ensure your representation at the Annual Meeting, you are urged to vote as promptly as possible. Any stockholder attending the Annual Meeting may vote at the Annual Meeting even if such stockholder has previously returned a proxy or voted by other means. 

If you have any further questions concerning the Annual Meeting or any of the proposals, please contact the undersigned at (775) 329-8555 or office@ciblinc.com. 

CIBL-INC._NPS_2024_V1_PWO-36935Download Proxy Statement