DealerAdvance CEO Steven Humphries Comments on Cabal Communications Corporation's Future Plans
August 25 2009 - 2:50PM
Marketwired
DealerAdvance, Inc. (PINKSHEETS: DLAD) (soon to become Cabal
Communications Corporation) CEO Steven Humphries today commented on
Cabal Communications and its future plans.
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.
CONTACT: Steven Humphries 972-248-2244, Ext 106
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