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OBN Holdings Files for Shift Back to OTC Bulletin Board.


Company Seeking Rapid Reinstatement

LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- OBN OBN Open Business Network
OBN Open Broadcast Network (Bosnia & Herzegovina wide television network)
OBN Ohio Board of Nursing
OBN Open Bibliotheek Netwerk
OBN Order of the Brown Nose
OBN Ocean Basin Narrative
OBN Off Board Navigation
 Holdings (Pink Sheets:OBNH), a rising star in the entertainment universe, today announced that it has filed for readmission readmission Managed care The admission of a Pt to a health care facility for a condition–eg, stroke, MI, GI bleeding, hip fracture, cancer surgery, shortly after discharge. See nth admission. Cf Admission, Discharge.  on to the Over-the-Counter Bulletin Board. "All of our paperwork is in order, and we are working with a market maker to make the move as quickly as possible," stated Roger Neal Smith, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The company hopes to make the transition within the next thirty days.

About OBN Holdings

OBN Holdings, Inc. is a holding company for the wholly owned operating subsidiaries Omni Broadcasting Network There is also OMNI Television in Canada.
The Omni Broadcasting Network is a small over-the-air broadcast television network in the United States (not to be confused with the Canadian broadcast system OMNI Television).
, Inc.; All Sports Television Network, Inc.; Eclectic Entertainment, Inc.; Products On Demand Channel, Inc.; and Retro Records, Inc., resulting in the company covering all major facets of the entertainment industry.

For the latest SEC filings or past news releases, go to the company's web site at www.obnholdings.com and click on the Media heading.

OBN Holdings, Inc.: 8275 South Eastern Avenue, Suite 200, Las Vegas, Nevada 89123. (702) 435-0544

This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of OBN Holdings, Inc., nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward looking statements: This press release and other statements by OBN Holdings may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe", "expect", "estimate", "potential", or future/conditional verbs such as "will", "should" and "could".
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 23, 2007
Words:293
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