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Stock impact report

CIBL, Inc. Reports Closing on its Acquisition of a 20% Interest in Brick Skirt

CIBL INC (CIBY) 
Company Research Source: Business Wire
RENO, Nev.--(BUSINESS WIRE)--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 i Show less Read more
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