Fizzbo Central

FSBO Media management has been working on restructuring the company over the past several months.

“The company has been adjusting to the real estate and mortgage meltdown and will inform our shareholders in future news releases of our restructuring progress,”

said FSBO Media’s President Steve Bazsuly.

He added,

“In the past, our policy of sharing our business plan and ideas with potential acquisition targets or joint venture partners has proven unsuccessful. Ultimately once we disclosed our business plan and placed it on the table for discussions, the acquisition target used our ideas and information to develop their own business model without our involvement even though we jointly executed non-circumventions and non disclosures. Our choice is to defer litigation at this time, as it would put financial burdens on our company. Our time and capital are being directed in developing a new and exciting business model.”

Bazsuly concluded,

“Sadly, the days of handshakes, written agreements and fair play have been drowned out by greed and stupidity. Accordingly, we will not make any disclosures until the day we launch.”

Full Press Release: marketwire.com