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Island Breeze International Inc. (fka IBII) RSS Feed

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Island Breeze International, Inc. (OTC BB: GPNT)

is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently have a capacity of approximately 1,200 passengers and will offer the Company’s patrons a full entertainment experience. Upon completion of the  buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. The company has recently made application to have its symbol changed to more properly reflect the Company’s name. owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze.The m/v Casino Royale is 430 feet (132 meters) in length, while the m/vIsland Breeze is 410 feet (126 meters) in length. Each vessel is anticipated tointended renovations, the shipboard entertainment venues on the m/v CasinoRoyale will include a 100 seat full service gourmet restaurant, a 300 seatentertainment deck, while the m/v Island Breeze will offer a 100 seat full

Business Strategy

The Company intends to operate round trip entertainment cruises that will offer its customers a full entertainment experience including: a robust dining experience with multiple venues including a buffet restaurant and a gourmet a la carte restaurant; a sports bar; a VIP lounge; a casino with table games and slot machines; and entertainment venues for live performances such as shows, concerts, and revues. The Company expects to initiate a comprehensive marketing program aimed at establishing Island Breeze International’s cruise ships as a premier entertainment destination for residents, business travelers, tour groups, and leisure travelers. The Company will attempt to create and encourage new and repeat visitation from its target market. Island Breeze International expects its marketing program to include: the implementation of a customer profiling system; a direct mail program; print media, electronic media, broadcast and outdoor media advertising; event marketing; a busing program; public relations efforts (including an emphasis on consumer and trade markets); direct sales to meeting and convention decision makers; sponsorship at events and conventions; a corporate website; a premium member club; automated sales kiosks and entertainment package programs

Latest News

Island Breeze International, Inc. Changes Its Trading Symbol to "IBII"

MIAMI, FL, Dec 14, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: IBII), an entertainment cruise development company, has received approval of the change of its name and its new trading symbol for market trading purposes from FINRA OTC Corporate Actions department. Effective December 14, 2009, Island Breeze International, Inc. will trade under the symbol "IBII."
Bradley T. Prader, the President and CEO of Island Breeze International, commenting on approval of the name and symbol change stated, "Receiving the approval of our name change and new ticker symbol today was very pleasant news for us. Last week we opened our initial Asian office in Taipei and this week we finally received a ticker symbol that investors can associate with Island Breeze International. We have limited our investor relations program pending our symbol change and this action opens the door for our company going forward."

ABOUT ISLAND BREEZE INTERNATIONAL, INC.

Island Breeze International, Inc. (OTCBB: IBII) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.

FORWARD-LOOKING STATEMENTS

The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

 

Contact:
Island Breeze International, Inc.
Bradley T. Prader
President & CEO
Steven G. Weismann
CFO
Phone: 305-416-6402
Email: info@IslandBreezeInternational.com


SOURCE: Island Breeze International, Inc.

 

CONTACT:          mailto:info@IslandBreezeInternational.com

Copyright 2009  Marketwire, Inc., All rights reserved.
-0-

 

 Island Breeze International, Inc. Establishes Initial East Asian Office in Taiwan

MIAMI, FL, Dec 11, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: GPNT), an entertainment cruise development company, has established its initial East Asian office in Taipei, Taiwan for the Company's East Asia operations.

Bradley T. Prader, the President and CEO of Island Breeze International, commenting on the announcement stated, "Opening the Taiwan office is designed to assist us in launching our East Asian operations. The office in Taipei enables us to commence engaging experienced personnel who will support our efforts to set up our operations."

ABOUT ISLAND BREEZE INTERNATIONAL, INC.

Island Breeze International, Inc. (OTCBB: GPNT) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.

FORWARD-LOOKING STATEMENTS

The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

 Contact: Island Breeze International, Inc. Bradley T. Prader President & CEO Steven G. Weismann CFO Phone: +1-305-416-6402 Email: info@islandbreezeinternational.com

 

SOURCE: Island Breeze International, Inc.

CONTACT: mailto:info@islandbreezeinternational.com Copyright 2009 Marketwire, Inc., All rights reserved.

 Island Breeze International, Inc. Moves Forward With East Asian Plans


MIAMI, FL, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Island Breeze International, Inc. (OTCBB: GPNT), an entertainment cruise development company, announced that it has moved forward with its plans to establish operations in East Asia. The Company is now in the process of submitting information required to obtain permission from relevant authorities to establish a new entertainment cruise operation from a to be disclosed jurisdiction and port located in East Asia. The Company also announced that it is evaluating potential existing entertainment cruise acquisition opportunities in the East Asian market.

Bradley T. Prader, the President and CEO of Island Breeze International, commenting on the announcement, stated, "We are very optimistic about the prospects for the new operation we expect to establish in East Asia. Such an operation would not only offer a great opportunity for the Company to capture market share, but it would also be beneficial to the jurisdiction in which we plan to operate, as we will purchase goods and services locally for the vast majority of our operational needs, not to mention that the Company intends to hire local employees for most of its operational staffing requirements." Prader further stated, "A potential acquisition of an existing vessel operation is also very attractive as it will provide the Company immediate market share following the closing of such a transaction in this very attractive market. The acquisition expansion option is being reviewed and, depending on the availability of financing, we expect to pursue the most attractive opportunities."

The Company has also recently made application to FINRA to request its symbol be changed to more properly reflect its name.

ABOUT ISLAND BREEZE INTERNATIONAL, INC.

Island Breeze International, Inc. (OTCBB: GPNT) is focused on developing and operating entertainment cruise projects. Island Breeze International is currently evaluating port locations in East Asia and the United States for the establishment of its initial operations. Island Breeze International currently owns two cruise vessels, the m/v Casino Royale and the m/v Island Breeze. The m/v Casino Royale is 132 meters (430 feet) in length, while the m/v Island Breeze is (126 meters) 410 feet in length. Each vessel is anticipated to have a capacity of approximately 1,200 passengers and will offer the Company's patrons a full entertainment experience. Upon completion of the intended renovations, the shipboard entertainment venues on the m/v Casino Royale will include a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a VIP lounge, and a covered outdoor entertainment deck, while the m/v Island Breeze will offer a 100 seat full service gourmet restaurant, a 300 seat buffet restaurant, a casino, a sports bar, a high energy nightclub, a VIP lounge, and a 400 seat showroom. Both vessels are fitted with active retractable fin stabilization systems which are designed to provide additional passenger comfort in the event of adverse sea conditions. Island Breeze International's corporate website is www.IslandBreezeInternational.com.

FORWARD-LOOKING STATEMENTS

The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

 Contact: Island Breeze International, Inc. Bradley T. Prader, President & CEO Steven G. Weismann, CFO Phone: +1-305-416-6402 Email: info@IslandBreezeInternational.com

SOURCE: Island Breeze International, Inc.CONTACT: mailto:info@IslandBreezeInternational.com

       Copyright 2009  Marketwire, Inc., All rights reservedLatest Chart       

 

Latest Financials as of  09/30/2009

ISLAND BREEZE INTERNATIONAL, INC.
(A Development Stage Enterprise)
Consolidated Balance Sheets
             
   
September 30, 2009
   
December 31, 2008
 
   
(Unaudited)
   
(Audited)
 
ASSETS
             
Current assets
           
Cash and cash equivalents
  $ 83,155     $ 59,016  
Prepaid expenses

Latest Financials as of  09/30/2009

ISLAND BREEZE INTERNATIONAL, INC.
(A Development Stage Enterprise)
Consolidated Balance Sheets
             
   
September 30, 2009
   
December 31, 2008
 
   
(Unaudited)
   
(Audited)
 
ASSETS
             
Current assets
    188,833       5,000  
Total current assets
    271,988       64,016  
                 
Property and equipment -  at cost, net of accumulated depreciation
    9,409       10,771  
                 
Vessel under renovation - m/v Island Breeze (ex Atlantis)
    9,730,734       9,522,632  
Vessel under renovation - m/s Casino Royale
    6,674,121       5,768,665  
                 
    $ 16,686,252     $ 15,366,084  
                 
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
               
Accounts payable
  $ 418,431     $ 285,255  
Accrued expenses
    190,368       40,745  
Notes payable
    453,755       90,371  
Convertible notes payable
    -       4,849,643  
Total Current liabilities
    1,062,554       5,266,014  
                 
Convertible notes payable - non current
    -       500,000  
                 
Stockholders' equity
               
Preferred stock, $0.001 par value per share, 1,000,000 authorized and none issued
    -       -  
Class A common stock, $0.001 par value per share: 100,000,000 authorized; 23,571,344 and 15,389,500 shares issued and outstanding for September 30, 2009 and December 31, 2008
    23,571       15,389  
Class B common stock - $0.001 par value per share, 16,110,500 authorized; 16,110,500 shares issued and outstanding for both periods
    16,111       16,111  
Additional paid-in capital
    17,972,298       10,975,897  
Accumulated deficit during development stage
    (2,388,282 )     (1,407,327 )
                 
Total Stockholders' equity
    15,623,698       9,600,070  
                 
    $ 16,686,252     $ 15,366,084  

 

Latest Share Structure 09/30/2009

(A Development Stage Enterprise)
Consolidated Statement of Changes in Stockholders' Equity
(unaudited)
                                 
Accumulated
       
                                 
Deficit
       
   
Common Stock
   
Additional
   
During
       
   
Shares
   
Amounts
   
Paid-In
   
Development
       
   
Class A
   
Class B
   
Class A
   
Class B
   
Capital
   
Stage
   
Total
 
September 27, 2006
(Inception)
    13,889,500       16,111,500     $ 13,889     $ 16,111     $ (30,000 )   $ -     $ -  
                                                         
Recapitalization of shares of Company prior to reverse merger
    3,500,000       -       3,500       -       (3,500 )     -       -  
                                                         
Cancelled officer shares
    (2,000,000 )     -       (2,000 )     -       2,000       -       -  
                                                         
Additional cash contributions to equity
    -       -       -       -       5,003,926       -       5,003,926  
                                                         
Net loss
                                            (172,009 )     (172,009 )
Balance, December 31, 2006
    15,389,500       16,111,500       15,389       16,111       4,972,426       (172,009 )     4,831,917  
                                                         
Additional cash contributions to equity
    -       -       -       -       4,970,795       -       4,970,795  
                                                         
Net loss
                                            (616,907 )     (616,907 )
Balance, December 31, 2007
    15,389,500       16,111,500       15,389       16,111       9,943,221       (788,916 )     9,185,805  
                                                         
Additional cash contributions to equity
    -       -       -       -       1,032,676       -       1,032,676  
                                                         
Net loss
                                            (618,411 )     (618,411 )
Balance, December 31, 2008
    15,389,500       16,111,500       15,389       16,111       10,975,897       (1,407,327 )     9,600,070  
                                                         
Note issued for cancelled officer shares
    -       -       -       -       (170,000 )     -       (170,000 )
                                                         
Shares issued for convertible notes  payable at $ 1.00 per share
    5,566,795       -       5,567       -       5,561,228       -       5,566,795  
                                                         
Shares issued for convertible notes payable at $ 0.50 per share
    300,049       -       300       -       149,725       -       150,025  
                                                         
Shares issued for convertible notes payable at $ 0.28 per share
    600,000       -       600       -       169,400       -       170,000  
                                                         
Shares issued for services
    820,000       -       820       -       251,680       -       252,500  
                                                         
Shares issued for cash
    895,000       -       895       -       446,605       -       447,500  
                                                         
Additional cash contributions to capital
    -       -       -       -       587,763       -       587,763  
                                                         
Net loss
                                            (980,955 )     (980,955 )
Balance, September 30, 2009
    23,571,344       16,111,500     $ 23,571     $ 16,111     $ 17,972,298     $ (2,388,282 )   $ 15,623,698  
 
See Notes to Consolidated Financial Statements.
 
 
5

 
 

ISLAND BREEZE INTERNATIONAL, INC.
(A Development Stage Enterprise)
Consolidated Statements of Operations
(unaudited)
   
   
                           
Sept 27,2006
 
   
Three Months Ended
   
Nine Months Ended
   
(inception) to
 
   
Sept 30, 2009
   
Sept 30, 2008
   
Sept 30, 2009
   
Sept 30, 2008
   
Sept 30, 2009
 
                               
Revenue
  $ -     $ -     $ -     $ -     $ -  
                                         
Cost of Revenue
    -       -       -       -       -  
                                         
Gross Profit
    -       -       -       -       -  
                                         
General, selling and administrative expenses
    460,749       193,387       967,096       446,784       2,376,726  
                                         
Operating Loss
    (460,749 )     (193,387 )     (967,096 )     (446,784 )     (2,376,726 )
                                         
Nonoperating income (expense)
                                       
Interest income
    -       691       -       878       1,193  
Interest expense
    (10,301 )     -       (13,858 )     -       (13,858 )
                                         
Net loss
  $ (471,050 )   $ (192,696 )   $ (980,955 )   $ (445,906 )   $ (2,389,391 )
                                         
Net loss per share, basic and diluted
  $ (0.01 )   $ (0.01 )   $ (0.03 )   $ (0.01 )        
                                         
Average number of shares of common stock outstanding
    38,751,627       30,000,000       33,444,772       30,000,000
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