ISBL Ise Blu Equity Corp (CE)

Ise Blu Equity Corp. (OTC:ISBL) announced today that it has withdrawn from consideration for the potential acquisition of the internet content development company originally negotiated for our entertainment division. The seller chose to make new demands that could not be met during the contract writing phase. The Seller requested that we change our original agreement and allow them to take control of the company and reduce our existing shareholders to an eight percent stake in the reorganized company. The management is not interested in entertaining reverse mergers or reverses in general. We are seeking acquisitions that will allow our entertainment division to have an inexpensive platform to advertise its operations and distribute its information. While this set back will slow the growth of the entertainment division it is certainly the proper decision for our shareholders' and the company. Negotiations are ongoing for joint ventures and outright purchases of FCC licenses in Florida and other media ventures. We have no further information on the resource recovery front other no order for machinery has been placed by the oil company. While we continue to wait for the oil company to complete their task we will not be delayed in our other efforts by other participant's malaise. Norman Birmingham has resigned as our public/investor relations consultant. He will continue to assist the company in finding potential acquisitions and assist in procuring funding on a consulting basis. Please write to the company until we find another person to handle this activity. About Ise Blu Equity Corp Ise Blu Equity Corp, a Nevada corporation, is a holding company with specializes in investments from the Consumer Goods, Commodities, Entertainment and Technology sectors. "Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission."