Monday, February 4, 2008

(Pink Sheets: FNAT), (Pink Sheets: ISBL), (OTCBB: ARRT), (Pink Sheets: LYJN).

RealPennies.com: Turning Pennies into dollars: (Pink Sheets: FNAT), (Pink Sheets: ISBL), (OTCBB: ARRT), (Pink Sheets: LYJN).

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First National Entertainment Corp. (Pink Sheets: FNAT) (February 1, 2008) is pleased to announce that it has changed its corporate focus. The energy sector is presently very attractive and has high potential for company profitability. FNAT will focus on the acquisition of non-producing properties to implement re-completion workovers to recover oil and gas left in place behind pipe by previous owners and operators. Thousands and thousands of wells around the country have been shut in over the years when oil and gas prices were much lower. With the advance of technology and much higher energy prices, many of these wells can now be worked over to provide energy production that our country needs. FNAT has identified many such wells in Texas, Oklahoma and the Appalachian Basin. The company believes they will have an exciting future in the new direction they are heading.

For more info: http://isbl.realpennies.com

Ise Blu Equity Corp. (Pink Sheets: ISBL) (February 4, 2008) announced today the sale of its LGN Entertainment, Inc. subsidiary to Banx and Green, Inc. (BGGR). The agreement requires BGGR to pay ISBL 1 share of its common stock for every 30 shares of ISBL stock outstanding at the close of business on February 18, 2008, and to issue these shares in total to ISBL shareholders of record on that date as a dividend. No fractional shares will be computed or issued in this transaction. These shares are expected to begin trading upon the effectiveness of a registration statement that BGGR expects to file, as expeditiously as possible, for their resale. Our expected opening trading price on the Over The Counter Bulletin Board Quotation System (OTCBB) is committed to be in the range of $1.80 to $2.00 per share per the agreement. There will be approximately 18,000,000 shares outstanding in BGGR after the issuance of these shares based on the current share structures of each company.

The agreement further gives BGGR the option to purchase all of the remaining assets of ISBL or to merge with it on or before May 31, 2009 with BGGR being the survivor. BGGR also has first right of refusal to match or exceed the economic value on any potential sale of ISBL or its assets during this period. ISBL retains the right to file a registration statement and move to the bulletin board on its own merit with the completion of its own December 31, 2008 audit.

ISBL will nominate three members of a five member board of directors of BGGR to be seated February 19, 2008. Members of Ise Blu management and its consultants will be members of the sub committee overseeing all compliance and regulatory issues for this transaction.


BGGR is the successor of a fully reporting company that will file all required compliance statements during the first quarter of 2008. It removed itself from trading because of changes in the rules at Pink Sheets on February 6, 2006. It had traded as a "grey sheet" stock prior to that with its last trade at $4.50 per share. It had 1,100,000 free trading shares in the float at the time. The company has been in existence since 1999.

For more info: http://arrt.realpennies.com

AmeriResource Technologies, Inc. (OTCBB: ARRT) (February 4, 2008) a diversified holding company, announced today that January revenues (unaudited) for its subsidiary, BizAuctions, Inc., increased by approximately 335% over revenues for the same period in 2007.

"For the month ending January 31, 2008, revenues (unaudited) have increased to approximately $386,495 from approximately $88,844, an increase of $297,651 or 335% over the corresponding month in 2007. BizAuctions' eBay business model continues to demonstrate strong and steady growth while the Company broadens its operations. Management has made great strides in increasing gross profits while reducing monthly operating expenses and has not realized net profits on a consistent basis," comments Delmar Janovec, CEO of AmeriResource.

BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.

BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.

For more info: http://lyjn.realpennies.com

Lyric Jeans, Inc. (Pink Sheets: LYJN) (February 4, 2008) the parent company behind the Lyric Culture brand, today announced that its LYRIX brand for girls will be sold at Macy's.

Lyric Culture, a premium adult contemporary apparel line, is launching LYRIX, its first brand extension based on the songs and style made famous by the hit television phenomenon "American Idol," which premiered its seventh season on January 15th and 16th. Apparel co-branded with "American Idol" will hit 157 Macy's stores in February 2008 to coincide with show's Final 24 episodes. The initial LYRIX-"American Idol" collection focuses on the tween market, with plans to further expand into kidswear and accessories.

"Macy's truly understands the concept of celebrity-driven and licensed product," said Hanna Rochelle Schmieder, President of Lyric Jeans, Inc. "They are the perfect retail outlet for the LYRIX line and we look forward to building it with them for many years to come," she continued.

LYRIX, a rock n' roll apparel line designed for girls ages 7-16 and driven by popular song lyrics, will debut the "American Idol" collection, which includes tees, denim skirts, jackets and vests, velour hoodies and sweat pants retailing between $US24.00 and $58.00. LYRIX t-shirts will draw inspiration from American Idol imagery and classic pop and R&B hits performed on "American Idol," such as "A Moment Like This," "Party Started," " You Had a Bad Day" and "Girls Just Wanna Have Fun."

"Lyric Culture has taken a unique approach in personalizing musical expression through fashion," added Nora Wong, senior manager of consumer licensing for FremantleMedia Enterprises' North American licensing team. "Lending the American Idol' name to this apparel line is a fantastic extension for both brands and gets to the heart of what our brand is all about."

LYRIX is an extension of the Lyric Culture brand, a premium adult contemporary apparel and accessories line driven by the music of such legendary artists as The Beatles, David Bowie, Marvin Gaye, Janis Joplin, Lynyrd Skynyrd, Bee Gees, Steppenwolf and many more.

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