BELLMAWR, NJ, Aug 31, 2010 (MARKETWIRE via COMTEX) — Island Breeze International, Inc. /quotes/comstock/11k!ibii (IBII 0.51, +0.26, +104.00%) , an entertainment cruise development company, has provided an update regarding the previously announced joint venture and investment agreement. The company announced that it has received confirmation that the investor intends to complete its obligations under this agreement on or before the end of September 2010.
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