FT. LAUDERDALE, Fla., Feb. 7, 2006 (PRIMEZONE) -- FSBO Media Holdings Inc. (Pink Sheets:FSMH) announced today that the Company has begun the process of interviewing SEC qualified legal and accounting firms in preparation of the Company filing a Form 10-SB with the SEC, to become a fully reporting public company under the provisions of Section 12(g) of the Securities and Exchange Act of 1934, as amended and or the filing of Form 211 along with its audited financial statements with NASD to be listed on the OTCBB.
David Langle, FSBO Media CFO said, "The hiring of a qualified SEC legal and accounting firm is a significant step for our Company. He also commented, "This will also provide a vehicle for our investors to access financial and operational information about the Company that will be available to the public on a regular reporting basis."
About FSBO WebTV.Com
FSBO Web TV, Inc. has designed a proprietary sales program by which home owners can buy or sell their property on a full service, "Self Help Directed," flat fee commission basis through the powerful tool of FSBO Web TV's video driven web site www.fsbowebtv.com. The FSBO Web TV flat or steep discounted fee sales programs range is $595-$995-$1495.
All FSBO WebTV customers will be assisted by licensed Realtors and other professionals nationwide based on the level of sales and marketing program they purchase. This "Self Help Directed" option could save the homeowner thousands of dollars in real estate commissions. FSBO Web TV's proprietary sales programs provides the consumer with a choice of selling their home either with a full commission broker charging 5-7% commissions or saving thousands of dollars utilizing FSBO Web TV's "Self Help Directed" flat fee or steep discounted commission options.
FSBO Web TV intends to model its real estate brokerage business after the discount stock brokerage businesses that revolutionized their industry such as Alphatrade.com (www.alphatradefn.com) and many other popular consumer accepted services that have provided the "Self Help Directed" methods of buying, selling and making investment decisions on their own without paying high commissions.
The Company is unaware of any other publicly traded companies focused exclusively on this emerging market.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward looking statements contained in this media release.