MARKHAM, ON, Sept. 30 /CNW/ - Corbal Capital Corp ("Corbal") (TSX-V: ISD) announced today that it will require additional time to file the audited financial statements of iSign Media Corp. ("iSign") for the year ended April 30, 2009, which were due to be filed September 23rd, 2009 and the interim financial statements for the period ended July 31, 2009, which were due to be filed September 28th, 2009. The delay in filing is due to the recent takeover (RTO) by Corbal of iSign and concurrent private placement to fund this audit. It is expected that the audited financial statements of iSign for the year ended April 30, 2009 and the interim financial statements of iSign for the period ended July 31, 2009 will be filed by October 9th, 2009. Corbal will continue to comply with all of its other continuous and timely disclosure obligations.
A further news release will be issued providing a status update on the completion of our financial filings presently in default.
About Corbal Capital Corp.
Through its wholly owned subsidiary, iSign Media Corp., Corbal, with offices in Vancouver and Markham, Canada, is an advertising and marketing services provider, specializing in interactive proximity advertising solutions for advertisers and advertising agencies in the global marketplace, through the broadcasting of advertisements to consumers' cell phones via Bluetooth technology.
This news release may contain forward-looking statements that are based on iSign's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.
Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and iSign undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE CORBAL CAPITAL CORP.
For further information: For further information: Alex Romanov, Chief Executive Officer, Corbal Capital Corp/iSign Media Corp., Tel: (905) 530-2481, www.isignmedia.com, Email: firstname.lastname@example.org