Thursday, February 28, 2008

Question and Answers from shareholders

Question and Answers from shareholders

Does Fight Co have a staff on payroll?

Yes. The operation only requires two people to manage the fighters. Brett Stevens is the President of the company and he has a secretary. Management will remain the same and staff will be added as necessary which we expect to happen as we acquire other fighter management operations and/or sign additional fighters.

When should we expect to see Fight Co fighters participate in professional fights that bring revenue for ISBL?

The first fight since the acquisition is scheduled for March 7, 2008 in Minneapolis, MN followed on March 8, 2008 in Belfast, Northern Ireland in the Cage Wars matches. Fight Co only does professional fights as it has done throughout its history. It had 62 fighters under contract at December 31, 2007 and is in the midst of signing all fighters previously under contract and additional fighters to a revised contract that addresses all video and broadcast plus publications rights as they relate to the fighters. The company receives payment at the conclusion of each event.

Where can we find public information on Fight Co?

The website for Fight Co is currently being built and will be released during the week ending March 7, 2008. The information to be included on the site is, News, About Fight Co., Contact Us, Fighters profiles and records, Fight Schedules and locations, Results, Tickets, Merchandise for Sale and Learn about the MMA. The site will be released without some of the tabs having information as we wait for the fighters to provide pictures and their profile. There names with their next fight date, if known, their record and the titles they hold or have held will be included immediately. Prior web sites for Fight Co have insufficient information to be of value today.

Where can we find information on Masters of the Cage?

Visit their website at MOTC.TV. We expect our first event since the acquisition to be April 4 or 5 in Oklahoma City, OK. We are negotiating contracts now.

Will there be a reverse split?

None planned or being discussed.

Various questions about Banx and Green will have to be answered by Banx and Green!

Are there plans to sell other subsidiaries to Banx and Green?

Banx and Green holds the first right of refusal on any sale of any asset of ISBL until May 2009. No plans currently exist for any changes. Discussions have been held but nothing would or should be done until the trading begins on Banx and Green. If a deal were made we expect them to buy all of ISBL and pay our shareholders’ in free trading shares after a registration statement is complete. Banx and Green was our second suitor.

Who was the other suitor for ISBL?

It would be inappropriate for us to divulge the information as they are a fully reporting and trading OTCBB company and have chosen not to make a press release on the negotiations. We chose to walk away from them because their debt could not be renegotiated to our satisfaction. There is no possibility of this suitor being involved any further.

When will financial information about ISBL/BGGR be released?

ISBL expects to release its financial information on March 14, 2008 for the calendar year 2007. BGGR will release its information when it files its Form 10K immediately after its audits are complete.

When will the dividend shares from February 18, 2008 be issued and distributed?

They will be issued immediately upon the effectiveness of a registration statement of BGGR that makes them free trading shares. We have been advised that this may take 120 days or more. We await the conclusion of the Banx and Green audit that must be included in the registration statement. That should be concluded during March 2008.

When will ISBL become a fully reporting company?

ISBL cannot become a fully reporting company during 2008 because the Form 10 or registration statement requires a two year audit and we are unable to obtain the information from the preceding Chinese operations that were in the company through the first quarter of 2006. We asked the Securities and Exchange Commission if we could file our audits with a disclosure that the information was unavailable and were told that it was not allowed and that all information even from discontinued operations must be included. We will have to wait so that the two years only includes our activity, so it certainly can’t be until the second quarter of 2009.

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