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American Southwest Music Distribution Announces Deal With Rap Group X.O. HOLLYWOOD, Feb. 27 /CNW/ - American Southwest Music Distribution, Inc. (OTC BB: ASWD) announces that Screw-U Records, with whom American Southwest Music has a multi-artist distribution agreement, has entered into a multi-album recording deal with Huntsville, Alabama rap group X.O. The group consists of James Hunter (p.k.a "Mata"), Legunter Robinson (p.k.a. "Gunt"), and Craig Mathews (p.k.a. "Jhi Ali").
"We are definitely excited about joining the Screw U family. Screw U is doing big things and this gives us a great platform to showcase our music," commented Jhi Ali.
Remarked Screw-U-Records CEO Walter Goodin, "X.O. is the real deal. Through our distribution agreement with American Southwest Music Distribution and Universal Republic, X.O. will be one of the most popular new rap groups of 2007."
About Screw-U-Records
Screw-U-Records is a dynamic, young record label headquartered in Huntsville, Alabama with offices in Hollywood and Atlanta. The company has an outstanding track record of discovering and successfully marketing independent artists throughout the country. For more information, go to www.screwurecords.net.
About American Southwest Music Distribution
American Southwest Music Distribution: ASWD (www.aswmd.com) is a publicly traded company formed by music veterans David Michery and Robert Guillerman. The company has partnered with Universal Records; divisions of UMG Recordings Inc. to form a niche in the production marketing and distribution of fresh musical talent via traditional and nontraditional vehicles. The company is pleased to announce that their CEO David Michery has been featured on Market News First (www.mnl.com), please visit the website for more information.
Cautionary Statement: This news release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21 E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although American Southwest Music Distribution, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included herein, the inclusion should not be regarded as a representation by American Southwest Music Distribution, Inc., or any other person that the objectives and plans of American Southwest Music Distribution, Inc. will be achieved.
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It's a correction.. There is a pattern that stock usually follows near 1year/38.2% Fibonacci retracement level which is right now at $1.29. 50% retracement is at $1.65.
6 month retracements are in between 0.33-0.67. We could see that before a bigger climb.
Stock went down for no reason. So it should also go up to satisfy technical levels, even for no reason. One thing is for sure that stock is in reversal pattern.
IP: Logged |
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American Southwest Music Distribution Announces That Underground Hip Hop King, "Tha Beholda" Signs Deal with Screw-U-Records 4:00p ET March 5, 2007 (PR NewsWire) American Southwest Music Distribution, Inc. (OTC BB: ASWD) announces that Screw-U-Records, with whom American Southwest Music has a multi-artist distribution agreement, has entered into a multi-album recording deal with Michael "Tha Beholda" White.
"Screw-U-Records has shown me a lot of love from the very beginning. They have an ear for the streets and they know what the people want," commented Tha Beholda.
Screw-U-Records CEO Walter Goodin stated, "Tha Beholda has a fan base and following that cannot be ignored. He can get a crowd crunk with one verse. Through our distribution agreement with American Southwest Music Distribution and Universal Republic, Tha Beholda will be one of the most talked about artists of 2007."
About Screw-U-Records
Screw-U-Records is a dynamic, young record label headquartered in Huntsville, Alabama with offices in Hollywood and Atlanta. The company has an outstanding track record of discovering and successfully marketing independent artists throughout the country. For more information, go to www.screwurecords.net.
About American Southwest Music Distribution
American Southwest Music Distribution: ASWD (www.aswmd.com) is a publicly traded company formed by music veterans David Michery and Robert Guillerman. The company has partnered with Universal Records, divisions of UMG Recordings Inc. to form a niche in the production marketing and distribution of fresh musical talent via traditional and nontraditional vehicles. The company is pleased to announce that their CEO David Michery has been featured on Market News First (www.***.com), please visit the website for more information.
Cautionary Statement: This news release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, which are intended to be covered by the safe harbours created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although American Southwest Music Distribution, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included herein, the inclusion should not be regarded as a representation by American Southwest Music Distribution, Inc., or any other person that the objectives and plans of American Southwest Music Distribution, Inc. will be achieved.
CONTACT: Don Byers, (604) 926-2873
SOURCE American Southwest Music Distribution, Inc.