SOURCE: InvestSource Communications, Incorporated

May 12, 2006 09:15 ET

ISC Highlights 65% Payment of Shareholder Debt

HUNTINGTON BEACH, CA -- (MARKET WIRE) -- May 12, 2006 -- On the basis of feedback following the May 11 announcement that InvestSource Communications, Inc. (OTC: IVSR) had made its financial information statement available for viewing on pinksheets.com, InvestSource Communications (ISC) has decided to amend the statement slightly. The amendment is intended to clarify the Q1 financial figures reflecting Current Liabilities of a Shareholder Loan in the amount of $128,577.61 and the simultaneous entry under Loans from Shareholders in the amount of ($83,632.29). Current Long Term outstanding debt due to this transaction has changed from $128,577.61 in 2005 to $44,945.32 as of the end of Q1 2006, a 65% reduction of Shareholder debt.

The negative liability reflects the recent action on the part of ISC to repay $83,632.29 in the form of a shareholder loan. Upon closer consideration, ISC determined that the financial information statement was unclear, and that the present revised financial statement, now currently available for viewing under the "Financial Reports" section of the IVSR profile on www.pinksheets.com, more accurately reflects the current financial status.

According to ISC Chief Operating Officer Bill Janulewicz, "Although we are not legally bound to reveal this information to the public, we have made this information statement available on our own initiative as part of our continuing efforts to support the ongoing quest for greater transparency in the public markets. The decision to repay the shareholder loan is further evidence of our continuing financial health, as well as our commitment to fulfilling all of our obligations to our shareholders."

About InvestSource Communications, Inc.

ISC is a multimedia relations/public relations firm that specializes in bringing small and micro cap public and private companies to the attention of the general public. InvestSource Communications believes that there are hosts of undervalued companies that don't get the exposure they deserve, because of their size, have been overlooked by the larger marketing companies. Many of them have solid business plans, work in potentially highly lucrative niche markets, and have superb growth potential. It is the mission of ISC to empower these companies to reap fully all of the benefits of public exposure. For more information visit the corporate website at www.investsourceinc.com.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information

  • Contact:
    InvestSource Inc.
    800-352-1788
    www.investsourceinc.com
    7451 Warner Ave. Suite E# 342
    Huntington Beach CA. 92647