Press Releases – Page 4

CIBL, Inc. Reports Preliminary Fourth Quarter 2015 Financial Results

Reno, NV – February 18, 2016 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces preliminary, unaudited results for the fourth quarter of 2015. See Attachments A and B.

Summary – At December 31, 2015, CIBL held $23.6 million in liquid assets or $1,334 per share, based on the 17,725 shares outstanding at that date. In addition, the company owns 166,556 common shares of ICTC Group, Inc. (“ICTC”; OTC Pink ®: ICTG), or 43.5% of the shares outstanding, and has voting control through a voting rights agreement with our Chairman; and 10,000 shares of Solix Inc., a private outsourcing firm that provides, among other services, billing and collection for the telecommunications industry.

Cibl Announces Filing Of Its SPAC’s Registration Statement

October 27, 2015 – CIBL, Inc. (“CIBL” or the “Company”) announced today that PMV Acquisition Corp. (“PMV”), an indirect, majority-owned subsidiary of CIBL, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its units. PMV expects to offer ten million units, with each unit consisting of one share of common stock and one warrant to acquire one-half of one share of common stock, at an offering price of U.S. $10.00 per unit. The underwriters will also be granted an over –allotment option to purchase up to an additional one million five hundred thousand units to cover over-allotments, if any.

Cibl, Inc. Reports Third Quarter 2015 Financial Results

Reno, NV – October 27, 2015 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces results for the third quarter of 2015. See Attachments A and B.

Summary
At September 30, 2015, CIBL held $24.1 million in liquid assets or $1,347 per share, based on the 17,856 shares outstanding at that date. In addition, the company owns 164,307 common shares of ICTC Group, Inc. (“ICTC”; OTC Pink ®: ICTG), or 42.9% of the economics, and has voting control; and 10,000 shares of Solix Inc., a private outsourcing firm that provides, among other services, billing and collection for the telecommunications industry.

CIBL, INC. Reports Second Quarter 2015 Financial Results

Reno, NV – July 31, 2015 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces results for the second quarter of 2015. See Attachments A and B.

Summary

At June 30, 2015, CIBL held $24.3 million in liquid assets or $1,352 per share, based on the 17,944 shares outstanding at that date. In addition, the company owns 164,307 common shares of ICTC Group, Inc. (“ICTC”; OTC Pink ®: ICTG) which represents 42.8% of the total outstanding; and 10,000 shares of Solix Inc. (a private outsourcing firm that provides, among other services, billing and collection for the telecommunications industry).

CIBL, INC. Announces Board Authorization of Special Purpose Acquisition Corporation

Reno, NV – June 16, 2015 – CIBL, Inc. (OTC Pink®: CIBY) (“CIBL” or the “Company”) is announcing that its Board of Directors has authorized the creation of a Special Purpose Acquisition Corporation (“SPAC”) by CIBL. It is anticipated that this SPAC would seek an acquisition candidate from a broad range of industries, company sizes and geographies. CIBL believes that the pursuit of this SPAC will enhance the Company’s shareholder value.

CIBL, INC. Announces Board Authorization to Repurchase 2,000 of its Common Shares

Reno, NV- June 15, 2015 – CIBL, Inc. (OTC Markets: CIBY)(“CIBL” or the “Company”) is announcing that its Board of Directors has authorized the Company to repurchase up to an additional 2,000 of its common shares. Prior to this new authorization, the company’s share repurchase program had 1,936 shares remaining from prior authorizations. Thus, the Company is currently authorized to repurchase up to a total of 3,936 of its shares.

CIBL, Inc. Reports Preliminary First Quarter 2015 Financial Results

Reno, NV – May 11, 2015 – CIBL, Inc. (“CIBL” or “the Company”; OTC Pink®: CIBY) announces results for the first quarter of 2015. See Attachments A and B.

Summary
At March 31, 2015, CIBL held $24.4 million in liquid assets or $1,355 per share. In addition, the company owns 164,307 common shares of ICTC Group, Inc. (“ICTC”; OTC Pink ®: ICTG) which represents 42.8% of the total outstanding; and 10,000 shares of Solix Inc. (a private outsourcing firm that provides, among other services, billing and collection for the telecommunications industry).

CIBL, Inc. Reports Preliminary Fourth Quarter 2014 Financial Results

Reno, NV – April 1, 2015, – CIBL, Inc. (“CIBL” or “the Company”; OTC Pink ®: CIBY) announces results for the fourth quarter of 2014. See Attachments A and B. CIBL’s financial statements for the year ended December 31, 2014 are in the process of being finalized and audited by the company’s firm of independent certified public accountants. This process could result in adjustments to our preliminary fourth quarter 2014 results.

CIBL, INC. Announces Board Authorization to Repurchase An Additional 1,300 of its Common Shares

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.

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.

Category: Press Releases

Summary