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The volume seems to always be high. but price flucuation is so small, risky as hell. but does it seems like an easy double?
Most recent news:
Raven Moon Entertainment, Inc. (OTCBB:RVMO) announced today that it is rewarding its shareholders again with a new 40-for-1 warrant dividend exercisable at a 40% discount of the common stock bid price.
The terms of the warrant dividend are: shareholders of record as of May 19, 2006 shall receive one warrant for each share of common stock owned as of that date. The warrant allows the shareholder to exercise 40 shares of common restricted stock for each warrant they own and exercise during a two-month window beginning May 25, 2006 and ending July 25, 2006, at a 40% discount of the closing bid price on the day their check is dated. Once warrants are exercised and accepted by the company all transactions are final and irrevocable. Common shares purchased as a result of exercising these warrants will be restricted for one year.
Instructions:
Between May 25, 2006 and July 25, 2006, if your account is with a broker and you have not received a physical warrant, have the broker send a letter to Raven Moon Entertainment, 2005 Tree Fork Lane, Suite 101, Longwood, FL 32750 no later than July 25, 2006 verifying the number of shares you owned in your account as of May 19, 2006. Indicate the number of warrants you would like to exercise at a 40% discount of the closing bid on the day you write your check and make it payable to Raven Moon Entertainment, Inc. and mail it to: 2005 Tree Fork Lane, Suite 101, Longwood, FL 32750. Be sure to provide instructions on where to send the common shares.
If you have received a physical warrant from the company, fill it out and indicate the number of warrants you wish to exercise at a 40% discount of the closing bid on the day you write your check and make it payable Raven Moon Entertainment, Inc. Upon receipt the company will authorize the transfer agent to issue the shares to you.
See Gina D's new Movie Trailer at http://www.ginadskidsclub.com. To see the new Flaw-Less Designs "Ms. Bzz Swim & Go(TM)" swimsuit collection and for information on Raven Moon Entertainment visit http://www.ravenmoon.net.
Shareholders who need information on how to exercise their warrants may contact Carol Merry at Fahlgren Mortine Investor Relations at (614) 825-1750 or by email: carol.merry*fahlgren.com.
Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third- party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum or prospectus. Specifications are subject to change without notice
-------------------- Pennies..., yeah, the little brown ones.
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