RMDG NEWS COMING OFF BOTTOM
Posted by superman7 on :
sweeet news i am in at 18
Posted by Miss mu on :
Alot of people want out of this stock so be careful!!
Posted by STOCKGANGSTA on :
WE WILL SEE .003'S TODAY
Posted by superman7 on :
Here is the news!
RMD Entertainment and The Pickwick Group Prepare for Overseas Launch Through Summit in London Wednesday June 7, 1:15 pm ET
PHILADELPHIA--(BUSINESS WIRE)--June 7, 2006--RMD Entertainment Group (Pink Sheets:RMDG - News) announced today that the Company has scheduled a week long strategy summit with its key European Distributor, The Pickwick Group Ltd., beginning on June 22. RMD will be represented by its newest employee-key entertainment veteran and former Bad Boy Worldwide Entertainment Group 'Promotions' executive, Kevin Hill. ADVERTISEMENT
Pickwick Group's Head of Label Operations Dom Rapello said, "RMD brought us a strong catalogue of both DVD and CD releases that should do very well for us in our market. Our goal in this meeting is to get our staff and our retail outlets familiar with the key RMD titles such as Blockstar DVD Magazine and Roc Monee. This is going to be a busy summer here at Pickwick for RMD. We plan on releasing no less than three titles from the RMD catalogue within the next 90 days."
The first release date is scheduled for July 2nd and will feature the highly acclaimed Blockstar Hip Hop Magazine DVD. According to the terms of their Distribution Agreement, RMD will receive revenue every thirty days from Pickwick, beginning thirty days from the first release. Therefore, revenues to RMD from the release will begin in August.
Giorgio Costonis, CEO of RMD Entertainment, commented, "I have full confidence in the job that Kevin Hill is doing for us. Europe is the number 2 Market now in the Hip Hop Community right behind North America. We are quickly positioning ourselves as leaders in the Urban Media content business. Our goal is to become the number one provider of Hip Hop music globally. Mr. Hill has communicated that goal with the Pickwick Group and this summit is designed to help us achieve that objective."
New RMD Executive Kevin Hill, added, "I am responsible for driving the European Revenues for RMDG and am excited about our prospects overseas this year and in the future. Our first release date through the Pickwick system is next month. My goal in this summit is to do everything I can to put us in a position to maximize our revenues in the European Marketplace."
Additionally, RMD announced that it will compliment Pickwick's distribution with several key digital distributors and ring-tone retailers in the territory. Mark Davis, Head of Digital Distribution, will be leading this initiative for the company.
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in music today including: Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V - News)) in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact: For RMD Entertainment Group, Philadelphia Jed Wallace, 310-234-3200 jwallace*mphpr.com
-------------------------------------------------------------------------------- Source: RMD Entertainment Group
Posted by Miss mu on :
It will be a quick flip!
Posted by superman7 on :
18 by 19 now
Posted by superman7 on :
here comes .002 shakerzzz is gettting this one too lol
Posted by superman7 on :
.002 is falling only 3 mms left there
Posted by STOCKGANGSTA on :
WEEEEEEEEEEEEEEEEEEEEEEEE
THIS THING GOES FAST WE WILL SEE .003'S OR .004'S TODAY
Posted by superman7 on :
2 mms left on the ask now
Posted by Miss mu on :
CLYP is off the ask...and sitting * .004!!! Now we need NITE to do the same!!! Spread too wide!!!!!!!
Posted by hedfe on :
.0017/.0018 time to get in?
Posted by yayaba on :
Pullback... might want to wait and see what this one does.
Posted by superman7 on :
with CLYP of the ask all the way to .004 this does look good!
Posted by STOCKGANGSTA on :
it was oversold so it had to come down
but not oversold no more
good now it time to go up
TEN HUTTTTT!!
Posted by Miss mu on :
NITE is buying good sign!!!
Posted by superman7 on :
.0019 getting hit now
Posted by superman7 on :
only 2 mms left on the ask then its back to our .002 break
Posted by yayaba on :
Dipped to 0.0016/0.0017.
Posted by Miss mu on :
Like I said it is a stock to flip right now not hold on to.
Posted by STOCKGANGSTA on :
at .0017 rigt now im buying alot of Support at .0016
Posted by Miss mu on :
And remember when SUPERMAN say's he's buyin he's really sellin so do not listen to him.
Posted by STOCKGANGSTA on :
lol
dont say things you dont know
Posted by Miss mu on :
Play smart and buy on the dips and hold until news. It will be a while before they let it run again. Walmart news should be the release that will move again or the days before the PR if there is one.
Posted by superman7 on :
RMDG...CLYP is no weere to be found on the ask!
Posted by superman7 on :
holy shyt not another biatch....who gives u people birth damn!! get a life girl.
quote:Originally posted by Miss mu: And remember when SUPERMAN say's he's buyin he's really sellin so do not listen to him.
Posted by yayaba on :
"please dont trade stocks on my alerts, do your dd first."
No worries superman... I think most people here appreciate you!
Posted by superman7 on :
thanks yayaba, alot of people taking there losses out on me, its all good i saw this girl do the same to JUICe yesterday and that guy is one of the elite traders in my mind, he is really good at what he does...i am not worried at all, i know she is probably on her rags so it doesnt bug me, i have dealt with alot of women in here situation before lol
oh yeah and RMDG going up now on the fact CLYP(the dilutor) is no where to be found!
Posted by Miss mu on :
Remember SUPERMAN is... IMRAN... a IHUP pumper aswell.
Posted by superman7 on :
miss mu. i am not a pumper fool, i say where i buy and where i sell i give my advice..u like to get on everyones nerves, geeez can u make a friend with anyone here
Posted by Miss mu on :
RMDG will run again so don't get your balls in a up-roar big boy. I'm just keepin things on the straight an narrow. I t did this before it ran last time but this time it will take a much bigger PR than what it has been seeing. Like I said it is good to flip right now and that's all. I will be the first to get excited when it takes off don't worry.
Posted by superman7 on :
i know RMDG will run again but i dont need your sorry ass to tell me it will. u are calling me a pumper and thats where u are wrong...u probably just started trading and chased a play and now are taking it out on me....u should try paper trading first
Posted by superman7 on :
i just doubled up my position this one is ready with CLYP of the ask!
Posted by superman7 on :
big volume coming in now lets see .002 break and this should be awsome for tommorow
Posted by Miss mu on :
No Super Boy I've been trading for a long time but have been booted off most boards for telling the truth. Nobody likes the truth in the OTC. Go RMDG how's that! I'm loaded down her but will not get excited yet.
Posted by superman7 on :
you should start gettting excited soon cause the .002;s are coming down but most imprtant CLYP(the dilutor) is no where in site this will run and if u dont think so we will see...u say flip i say run for about like 60% lets see who is right
Posted by Miss mu on :
I'm not in this game to be right I'm here to make money-honey
Posted by superman7 on :
well then learn how to play...i reccomend u start paper trading soon...
Posted by superman7 on :
3 by 3 now
about to break .002 Posted by reidler88 on :
i found a nickel today,, it was shiney
Posted by Miss mu on :
I know how to play sweetness!!
Posted by superman7 on :
21 on the ask
lets zoooom now
Posted by Miss mu on :
Bids building! Should be interesting today. It could be a 100% bounce to .003 so be careful and take your profits.
Posted by superman7 on :
.0021 by .0022!! already volume this morning!
Posted by jaescobar22 on :
TONS of Buys Coming In !!
Posted by Miss mu on :
As you can see not a turn around but just a bounce.
Posted by ohio_trader on :
quote:Originally posted by superman7: 3 by 3 now
about to break .002
-----------------------------------------
Superman7
do you think this will run again this week ??
Posted by indef on :
RMD Entertainment Clarifies Details of WECTAC Special Dividend
-------------------------------------------------------------------------------- Mon Jun 12 10:09:02 2006 EDT PHILADELPHIA, PA, Jun 12, 2006 (MARKET WIRE via COMTEX) -- RMD Entertainment Group (PINKSHEETS: RMDG) announced today the clarification of the details regarding the dividend and licensing agreement with Wide E-Convergence Technologies Americas Corp ("WECTAC") that was announced previously in a press release in May, 2006. The special dividend has been finalized and will be payable to RMDG shareholders of record as of June 20th, 2006. WECTAC has been granted a five-year exclusive license rights to market all of RMD Entertainment Group's current and future products in India and the Caribbean countries. Under the terms of the agreement, WECTAC will issued fourteen (14) million Restricted Common Shares and twelve (12) million Warrants at $.10 per warrant to RMD Entertainment in consideration for the 5 year exclusive license. RMD's management will be delivering a minimum of ten (10) million and a maximum of twelve (12) million of these restricted shares to its shareholders in the form of a special dividend on June 20th, 2006. RMD CEO Giorgio Costonis commented, "Management recognizes the value of competing in India and the Caribbean countries. We are hopeful that WECTAC can create a substantial customer base there for all of our Urban Media content." About RMD Entertainment Group RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal in North America and in Europe through the Pickwick Group Ltd. of London. RMD also owns Sciax Technology, Inc. and Sciax America Inc., companies that develop and market defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp. and is used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the U.S. and German governments, contraband interdiction units of Canada Customs, and LAPD-SWAT. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. FOR FURTHER INFORMATION, go to the Company's website at: http://www.rmd-entertainment.com or contact: Jed Wallace, Publicist, Phone: (310) 234-3200, jwallace*mphpr.com Contact: RMD Entertainment Group, Philadelphia Jed Wallace 310-234-3200 jwallace*mphpr.com http://www.rmd-entertainment.com SOURCE: RMD Entertainment Group mailto:jwallace*mphpr.com http://www.rmd-entertainment.com Posted by ohio_trader on :
great news...this should start moving back up...good time to catch a runner !!!!
Posted by ohio_trader on :
ALSO !!!
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
RMD Entertainment Group (RMD) and Real Hip Hop Network (RHN) Revolutionize Hip-Hop Media with Satellite Technology
PHILADELPHIA, Jun 12, 2006 (BUSINESS WIRE) -- RMD Entertainment Group (Pink Sheets:RMDG) proudly announced today that along with Real Hip Hop Network, they plan on revolutionizing their approach to delivering hip-hop content by incorporating the use of satellite technology into their vision. According to the deal, RMD has signed a letter of intent and will enter into a joint venture with Real Hip Hop Network, which will afford them direct access to cutting edge satellite technology for the transmission of their of hip-hop driven content to mobile multimedia platforms globally. By aligning with Ta Broadcasting, a leading provider of end-to-end transmission and production services to the global broadcasting industry, RHN and RMD will be able to take advantage of the broadcast company's leading role in the development and advancement of new broadcast technologies, including digital video compression and direct-to-home services. RHN and RMD expect to implement this new technology into their mobile distribution later this month.
RMD CEO Giorgio Costonis offered, "By creating a direct relationship with a broadcast giant like Ta Broadcasting, RHN and RMD are certain to stay ahead of the rapidly changing technology curve." Costonis added, "We have amassed so much content in such a short time, our only concern was ensuring our future supporters that there would always be a way to consistently deliver that content to them under any circumstances...this satellite technology just made that a reality. We have our sights set on the best possible experience for our future subscribers and now the technology is in place to a satellite based network dedicated strictly to hip-hop. This is an aggressive move that should create the opportunity for a potentially huge customer base for our product base. In my opinion, Hip Hop has never seen a move as bold as this in the technology or broadcast sector."
RHN President and CEO Atonn Muhammad added, "By implementing technology like this into our collective vision for a hip-hop network, RMD and RHN have set the bar for urban content delivery exceptionally high. Our 'speed of light' technology is certain to take our vision to the next level before our competitors even have a chance to tune in."
MOTV Inc. (Trade Mark More TV) CEO Anthony Lucas said this about the joint venture: "MOTV Inc. will have no boundaries when it comes to its broadcast of RHN's signal to cell phones or PDAs. We have upped the ante to include a truly global market in our deployment."
RMD and RHN sources also announced that a national press release tour was being planned to maximize the exposure of the announcement and introduce the mobile launch of the network as well. Target networks for the tour include news giants MSNBC, CNN, ABC, NBC, CBS and FOX to name a few. The list is expected to be much larger than this as interest is expected from entertainment channels in the US market and foreign news and entertainment outlets. Radio and print interviews will be accommodated by request as well.
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV Inc. (Trademark MoreTV), the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music industry today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London.
About Real Hip Hop Network
The Real Hip-Hop Network is the first 24 hour cable channel geared toward real hip hop lifestyle & culture. RHN's core focus is on the 18-34 year old Hip-Hop thrill seeker who embraces the excitement, adventure, and exhilaration embedded in the Hip-Hop lifestyle. RHN will deliver not only the hottest commercial acts on the scene today, but also give you the pure power found in the essence of underground hip hop, featuring the best of the grass roots and the international music scene. RHN brings a side of Hip Hop ignored by the other music channels celebrating the elements and principles that launched hip hop's golden era: DeeJaying, Emceeing, Breakdancing and Graffiti Art.
This was a time when Hip Hop artists were the urban street correspondents, delivering soul stirring and thought provoking commentary on the issues of the day. Hip Hop became an outlet for the pain, struggles, and dreams of those who were a part of its experience. This is what can be defined as real hip hop. Hip Hop has been proven to have massive commercial appeal. RHN provides the world with an engaging, fresh alternative. The Real Hip Hop Network takes everything the world loves about hip hop and challenges the negative images media has made pervasive. RHN operates on a higher standard. We put the "Real" in Real Hip Hop and give the world a mature more gritty choice unavailable on any network before or since RHN. Hip Hop will be globally redefined the RHN Way.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: RMD Entertainment Group
CONTACT: For RMD Entertainment Group, Philadelphia Jed Wallace, 310-234-3200 jwallace*mphpr.com
Copyright Business Wire 2006
-0-
KEYWORD: United States North America Florida Pennsylvania INDUSTRY KEYWORD: Entertainment Music Technology Other Entertainment Consumer Electronics Telecommunications
Search for Dun & Bradstreet reports on this company.
Posted by ohio_trader on :
HERE WE GO !!!!!!!!!!!!!!!!
Posted by ohio_trader on :
THE BUYS ARE ROLLING IN !!!!
Posted by cj on :
Only 2 MM's left at Ask(.0018), and with decent volume already in place we could be setting up for a good day.
Posted by TINPOZ on :
get this one on the flip, flop, and the sy fy, for rizel sly shy.............LOL
Posted by TINPOZ on :
Maybe she be played out, SHIZNITS.................
Posted by sunny on :
RMDG down to 001/0011. At a 30 day low. Looking attractive.
Anyone have thoughts?
Posted by Cabbie Mark on :
Yeah, where's my valium? Wake me up when this does something......
Posted by sunny on :
eod activity....lol
Cabbie...too funny! Posted by Miss mu on :
This is starting to read reverse split.
Posted by J_U_ICE on :
RMDG (.0010) and 'All In' the Movie Collaborate on Groundbreaking Promotional Package for Fans Jun 27, 2006 9:57:00 AM Copyright Business Wire 2006
PHILADELPHIA--(BUSINESS WIRE)--June 27, 2006--
RMD Entertainment Group (Pink Sheets:RMDG) proudly announced today that along with "All In," the movie, (http://www.themovieallin.com), they have put together an opportunity for fans to 'cash in' on what is shaping up to be one of the most generous promotional packages of 2006. As the film "All In" continues to be touted by poker and entertainment insiders as one of the most authentic poker-related films to date, RMD was handpicked early on by the film's executives to produce a powerful hip-hop driven soundtrack that would effectively parallel the film's full throttle pace.
It didn't take long for online giant partypoker.net to take notice of the film and soundtrack; as one of the film's biggest supporters, Partypoker.net has agreed to team up with the "All In" creative marketing team on a promotional package that is nothing short of revolutionary. As a sign of support for the film, Partypoker.net has agreed to offer all new members a generous gift if they sign up using a special code created just for fans of "All In" the movie. If fans visit http://www.themovieallin.com or http://www.partypoker.net and upon request, enter special code "ALLINCD", they will be rewarded with a special "All In" debit card loaded with fifty dollars(1) and the film's hip-hop driven soundtrack produced entirely by RMD Entertainment.
RMD CEO Giorgio Costonis commented, "We are obviously ecstatic about an opportunity to be part of a promotional package of this magnitude. We had no idea when we agreed to do the 'All In' soundtrack that something this special would unfold. Partypoker.net has a massive online database that reaches well within the millions and having an opportunity to put our product in the hands of a captive audience that size is remarkable." Costonis added, "The film is exceptional and we are honored that the 'All In' executives recognized our ability to deliver amazing work with respect to both merchandising and production."
(1) "All In" the movie does not encourage or wish to promote gambling, therefore, the fifty dollar reward can be spent anywhere the "All In" debit card is accepted.
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Source: RMD Entertainment Group
----------------------------------------------
For RMD Entertainment Group Philadelphia Jed Wallace 310-234-3200 jwallace*mphpr.com or Investor Relations Marc Lovito 954-340-2469 marclovito*yahoo.com
Posted by Miss mu on :
Wow news like that and it just sits there. No buyers! People are fearful of what happened to IPRE. Is a reverse split on the horizon?!
Posted by orangehole on :
Roc Monee is going to take us to the top or straight to hell in a short yellow bus but I am in for the ride.
Posted by Igor R on :
quote:Originally posted by Miss mu: Wow news like that and it just sits there. No buyers! People are fearful of what happened to IPRE. Is a reverse split on the horizon?!
Agreed, it doesn't make any sense. Im down like 60% on rmdg now, but still hesitant to push the sell button. Should I cut my losses now or stick it out?
Posted by Miss mu on :
This is a high risk stock so holding is like playing russion roulette you could make some good money or lose it all to a R/S. No one is buying at these levels so one would wonder... is a split coming. This is usually what happens after a run in the pinks.
Posted by MoneyMoneyMoney on :
quote:Originally posted by Miss mu: This is a high risk stock so holding is like playing russion roulette you could make some good money or lose it all to a R/S. No one is buying at these levels so one would wonder... is a split coming. This is usually what happens after a run in the pinks.
Really!??
Posted by just curious on :
do they have a history of doing reverse splits....some company's are pretty consistant with doing R/S's like once a year.
Does anyone have an updated O/S count on this one?
Posted by custom on :
Yes they do...it was an 70 to 1 RS and it occurred with their symbol and name change. Then after the RS...it dropped from .08 to under a penny in record time...... They also PR like crazy with no real deals being closed......
Posted by just curious on :
Thanks for the info... Also, I think we're relatively safe in the near term with this one, at least they've got some major events posted for the next few months such as the release of their magazine, and the shows coming up with LLcoolJ. So with expected good PR's coming, it should hold this one up in the near term....IMHO
Posted by CTMum on :
Just saw this, didn't have time to give full read, thought I would pass it on.
PHILADELPHIA, Jul 06, 2006 (BUSINESS WIRE) -- RMD Entertainment Group (Pink Sheets:RMDG) today issued the following Shareholder update:
Dear RMDG Shareholders,
RMDG is currently in transition from a development company to a fully functional corporation bringing various products to market. We have achieved this in a short time frame of about ten months. A remarkable achievement considering we had to first do a massive restructuring of the company and change the business focus from defense contracting to multi media conglomerate with a focus on Hip Hop content. Currently, we are fully funded and have no short-term plans to issue additional stock.
We have built a global enterprise with a world wide marketplace for all of our product lines. It is my sincere belief that we can and will become the number one urban media production and distribution company in the world. My goal for the company is to be recognized as the number one corporation in Hip Hop while helping similar companies to ours succeed and find new and improved ways of giving back to the urban community. I feel we have exceeded my highest expectations to date and are well on our way to achieving our corporate destiny.
Here is a brief introduction to and progress update on our many initiatives.
1. Block Star DVD Magazine
The Company's long-awaited and highly-anticipated DVD magazine project, Block Star DVD Magazine, will be released in Europe at the end of July, 2006. The US release date will follow on August 15th. Our executive team has chosen to initialize distribution efforts on the retailing complex, focusing on such household names as Best Buy Co., Inc., Circuit City Stores, Inc. and Wal-Mart Stores as opposed to utilizing RMD's existing relationships with nearly 60 global digital distributors. U.S. Distribution will be handled along side longtime distribution pioneers, Bungalo Records and Universal Music Group, a subsidiary of Vivendi Universal and Video Distribution, while The Pickwick Group Ltd. of London will handle retail placement abroad. Beyond instant 'off the shelf' profitability, RMD executives are working with the creative forces behind The Block Star DVD Magazine to explore non-traditional ways for a project this unique to reach the ideal consumer - like making it available on Sony's PSP(TM) gaming and media platform or as a bonus feature accompanying other RMD products. On the more traditional side, RMD executives are quick to point out the extremely profitable advertising that can be earned from the broadcast of the product on all formats.
2. Roc Monee
Our rising star Roc Monee recently delivered with his performance at Zanzibar in Washington DC; he was also showing his overall ability to generate revenue for RMD. In spite of the intimate venue, Roc Monee's live performance was able to generate over $25,000.00 in net revenue for the RMD Entertainment family.
The intended purpose for the evening was for Roc to tape his first of many appearances on the Real Hip Hop Network (RHN); however, his performance obviously had a significant impact on the live crowd at Zanzibar as well by turning the evening into an unforgettable live event. We are heavily promoting him at the national radio level - preparing his fans for an amazing album. Roc Monee is loved by his fans and the media - we expect huge numbers from him.
His single "Overdrive" will be serviced to all major hip-hop radio stations around the country with a heavy emphasis on traditional terrestrial giants like Clear Channel and satellite pioneers like Sirius Radio and XM Radio. A promotional campaign like this is used to create demand for Roc Monee's album by large retail outlets like Target and Best Buy. Bungalo Records (exclusively distributed by Universal Music and Video Distribution) will service the U.S. retailers directly on behalf of RMD. The precise in-store date for the album's release is determined with the retail outlets' input based on predicted sales - it is expected to hit shelves in the U.S. on August 22nd and in Europe on August 29th. RMDG will also release the album in digital and ringtone formats through their 60 digital distributor list including familiar names such as iTunes, Sony Connect, Jamster, and more. RMD Entertainment has Roc Monee under contract for three albums.
3. Kuntree Album Project
Working tirelessly on his current album (2006 release), those in the know say that his highly intelligent rhymes are going to take the rap game in a whole new direction. While the dirty south continues to elevate hip-hop to new heights, Kuntree has refined his southern skills and added a healthy dose of east coast flavor to deliver a "melting pot" experience that we knew people would love. Since the RMD philosophy is bringing all streets to Wall Street, it looks like Kuntree added a brand new neighborhood to our corporate map. His recording is almost complete and our management expects release dates in early September for both the US and Europe. Spot test with national radio promoters have yielded glowing returns thus far. RMD Entertainment has Kuntree under contract for three albums.
4. Heavy D Joint Venture with Bungalo Records
Heavy D has been attracting international acclaim on several levels; however, this project is particularly hot. The media attention Heavy is getting this early on is indicative of how excited the public is to support his work. He is in the final stages of recording the album now and a release date is expected later this year (2006).
5. MoTV Inc.
MoTV, formerly a privately owned entity, has been working alongside an RMD development team for the last two years to bring a brand new mobile experience to the marketplace in 2006. The finished product can best be explained as a real-time broadcast similar to the original MTV platform - coupled with an interactive retail element reminiscent of the Home Shopping Network. This new hybrid mobile network not only delivers a totally new experience for the viewer, it also introduces three distinct revenue streams for network supporters: advertising, subscription, and retail. With deals being structured around the globe for our overwhelming content, MoTV is our own delivery vehicle designed to capitalize on the content we've worked so hard to amass. This technology by itself provides an unparalleled experience to the end user by delivering entertainment and retail interactivity to any mobile phone or device. This goes far beyond the current goal in the industry, which puts such a heavy emphasis on content; we are delivering real-time interactive content, which empowers the audience with the tools necessary to be entertained and shop simultaneously. Utilizing RMD's massive global hip-hop influence, we structured MoTV technology in such a way that there doesn't need to be one central hub for global content delivery, which means that we aren't limited by traditional bandwidth issues and our network is ready for implementation on a global scale as we speak. Last week we completed our beta testing of MOTV (trademark) and are presenting the programming lineup to our key advertising agencies Friday afternoon in Philadelphia so they can immediately begin selling commercial time in our platform to drive immediate revenue to RMDG. We will essentially have two channels worth of content to roll out on both the mobile and internet broadcast formats. They are MOTV1 and the RHN Network.
6. RHN (Real Hip Hop Network)
Not too long ago, RMD entered into a strategic partnership with the Real Hip Hop Network (http://www.rhn.tv), arguably the largest multimedia hip-hop content resource in existence with over fifteen thousand (15,000) hours of original programming in the can. According to the parameters of the agreement, RMD will have complete discretion with respect to the global distribution of all RHN content and are entitled to 50% of any revenue generated as a result of RMD involvement. By utilizing our longtime relationships with Bungalo Records (exclusively distributed by Universal Music & Video Distribution), The Pickwick Group Ltd. and over sixty digital music distributors, RMD Entertainment will instantly convert content to capital through both traditional and alternative distribution channels.
The Real Hip Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop. By the end of 2006, RHN will reach over 17 million homes nationwide via cable and satellite, which gives this deal with RMD that much more impact. Not only will RMD now have a massive cross-section of their ideal demographic to introduce their artists, products and alternative content distribution to, but they will also be able to capitalize on the staggering advertising possibilities that come with that level of market penetration.
Along with our other RHN projects, we will co-produce five of the biggest hip-hop concerts to hit the stage this year. While details are still being ironed out with respect to performers and venue dates, hip-hop legends LL Cool J and Jadakiss were the first two headliners to announce their participation in the RMD/RHN production. RMD's own Roc Monee recently performed in Washington DC with LL Cool J...the show was taped for later broadcast on RHN; however, the crowd was blown away by Roc's performance and showed their support at the door.
Beyond that, we recently announced our deal with the Real Hip Hop Network to be a primary content provider for the highly anticipated MoTV platform by co-developing a mobile network devoted strictly to RHN programming. The Real Hip Hop Network will be the primary provider of applicable hip-hop content for MoTV over the next five years and the two companies will equally split all revenue generated as a result of the new mobile network. Tentatively called "MoRHN", this new network can utilize the proprietary MoTV technology to bypass traditional cable barriers and deliver RHN programming directly to the consumer via any IP (Internet Protocol) enabled mobile device. To compliment this effort we recently entered into a joint venture with RHN for satellite transmission.
Our ad agency remains excited about the prospects of selling ad space on the content of the network in all broadcast formats in all world territories. Ad sales are expected to begin this month (July).
7. Google.
We recently signed an agreement with Clayton Entertainment (http://www.claytonentertainment.com), which enables them to feature our entire content library on Google Video. This step marks a profound evolutionary step for RMD and our original video distribution model. According to the deal, Google Video will now be the premier distribution platform for all RMD multimedia content including, but not limited to, artist videos, live concert events and the bulk of the 15,000 hours of urban media programming acquired from their recent deal with the Real Hip Hop Network (RHN). Through our relationship with Clayton Entertainment, RMD will now be able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities. As I addressed the earlier projects in our current cache I did not hit upon the fact that this deal may be the most powerful revenue driver in our corporate toolbox. The reason is simple, numbers. Each day, over 350 million people visit Google. If only 1% of the visitors viewed or downloaded RMDG content that would be over 3.5 million viewers a day. In the scenarios of selling our product or enticing advertisers to spend on placement within our content, a powerful and convincing argument can be made, thus creating a virtually limitless opportunity for earnings. We have placed a limited amount of content on Google Video and some of the RHN programming quickly shot to a top ten position on Google's Most Wanted. I have a major meeting with Clayton Entertainment Thursday in Manhattan to discuss the layout of content on the Google site as well as commerce parameters and promotional opportunities. I feel confident we should have a substantial amount of commerce up by the end of this month leading to almost immediate earnings from this platform.
8. All In. Hip Hop Soundtrack CD
RMD and "All In" the movie (http://www.themovieallin.com), have aligned to put together an opportunity for fans to 'cash in' on what is shaping up to be one of the most generous promotional packages of 2006. As the film "All In" continues to be touted by poker and entertainment insiders as one of the most authentic poker-related films to date, RMD was handpicked early on by the film's executives to produce a powerful hip-hop driven soundtrack that would effectively parallel the film's full throttle pace. Partypoker.net has agreed to team up with the "All In" creative marketing team on a promotional package that is nothing short of revolutionary. As a sign of support for the film, Partypoker.net has agreed to offer all new members a generous gift if they sign up using a special code created just for fans of "All In" the movie. If fans visit http://www.themovieallin.com or http://www.partypoker.net and upon request, enter special code "ALLINCD", they will be rewarded with a special "All In" debit card loaded with fifty dollars and the film's hip-hop driven soundtrack produced entirely by RMD Entertainment and prominently featuring Roc Monee. The tracks for this CD are currently being compiled for release and once completed, a release date for the CD will be determined by movie executives. Release is expected this calendar year (2006).
In conclusion, I say this to shareholders of RMDG. We have taken bold and sometimes uncharted steps in creating substantial opportunities for revenue for 2006 and beyond. I am confident my staff is up to any current or future challenge we may face. The near future looks very bright to me for RMDG. We set out on a specific game plan 10 months ago and have followed it effectively and to the "t". Each decision was made with the best long term shareholder value in mind. As we now begin to reap the rewards of our efforts in the form of revenues and additional earning opportunities, you can expect a lot of the same approach from me. Thank You for your support, we have officially "turned the corner" in a big way today.
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Best Wishes and God Bless You All,
Giorgio C. Costonis, CEO
RMDG "Where Hip Hop Meets Wall Street"
SOURCE: RMD Entertainment Group
Posted by EverGreen on :
I like this part
...Currently, we are fully funded and have no short-term plans to issue additional stock.
Posted by sunny on :
i bought this at 001. Think it has potential. The company is trying to keep investors informed and aware of their current endeavors.
Evidently others are liking it too. Chart is turning back up.
I'm in, and will just wait and see.
Posted by sunny on :
Evergreen, i like that part, too...lol
Lots of 5000 share transactions in the last few days. It is flirting with .0013 today...up from 0009.
Posted by SuperSniper00 on :
should see a nice turn around soon
Posted by Miss mu on :
Be very careful with this POS! If you didn't get in under .0011 I would sit back
Posted by SuperSniper00 on :
shut up miss mu, you are an idiot...there are absolutely no stocks you support, you just trash everything
Posted by Miss mu on :
Everyone and their mother played this stock!! It's dead!!!
Posted by J_U_ICE on :
quote:Originally posted by Miss mu: Everyone and their mother played this stock!! It's dead!!!
Posted by sunny on :
I lurk often and there are not many stocks Miss Mu supports...lol
And yes everyone and their mother did play this stock...and I doing it again... Posted by J_U_ICE on :
quote:Originally posted by sunny: I lurk often and there are not many stocks Miss Mu supports...lol
And yes everyone and their mother did play this stock...and I doing it again...
That's because it's easier to bash than pick your own winners
Posted by orangehole on :
Roc Monee is gonna blow up!!
Posted by T e x on :
sounds horribble!!
Posted by worthashot on :
Great volume already
Posted by just curious on :
rollin' rollin' rollin'.....
.0014 sweet!
Posted by just curious on :
comin' in hot!!!
.0015 hot diggity dog....
Posted by Cabbie Mark on :
Bring on the next tick...tick tick tick Posted by sunny on :
Okay folks, i am out for now. I'm soo glad that i didn't listen to miss mu yesterday!
Made bank and am oh so happy
Good luck!!!
Posted by ohio_trader on :
its running ................
Posted by sunny on :
yep
Posted by just curious on :
.0017 :-O
miss mu...more like....miss poo
Posted by sunny on :
yes! lol
I didn't want to argue with her, but with all of the 5000 and 10000 share signals, it was hard to just let her bash, which i did.
Glad I was right! feels good!
Posted by Jo4321 on :
Touched .0018, but now back down.
Anyone have L2's?
Jo
Posted by SuperSniper00 on :
where is miss mu now?? idiot
Posted by orangehole on :
I told you people Roc Monee is going to blow up!
Keep my Timberlands strapped up in case I gotta stomp!!!
RMDG gonna light you up!
Go RMDG!
Posted by sunny on :
lol...too funny
Posted by my_2_cents on :
RMDG is on the move this morning.. +23%
Posted by Jo4321 on :
I've had a sell in for .0017 for about 2 hours now and and never gets filled.
Gonna have to take it down to .0016?
Jo
Posted by just curious on :
Why sell now??? With a strong finish today we should see at least .02 on monday.
Posted by Jo4321 on :
quote: Why sell now?
Cause I've got too many losers in my portfolio and I need to start cutting losses when I make a mistake. I went down to .0016 and sold it off. I made 2 cents after commissions! LOL.
But that's probably good for the rest of you, cause whenever I sell something, it seems like it ends up running up.
Good luck to you all.
Jo
Posted by Cabbie Mark on :
Have a great weekend all Posted by my_2_cents on :
The more that I look into this stock, especially the July 6th Shareholders' Update, I see a lot of potential for short-term, mid-term, and long-term players. I will endeavor to post DD on this thread and I hope others will join in, especially to evaluate the profit that can be generated by the many endeavors outlined in the Update.
There has been some talk of maybe there was a reverse split at one time, but I can't find any filings or financials. It would be nice if we could come to some kind of conservitive financial evaluation to give us some kind of basis to make sound decisions for our actions.
Yes we can look at the good and the bad as long as we try to avoid overtly pumping or bashing. Each of us will have our own biases, but if we put them aside and engage in an intelligent exchange of information, hopefully we can all benefit from these exchanges. I just hope that those with specific agendas would refrain from disruptive interjections. I think we are poised for a good ride on this train.
Here's my bias... GO RMDG
Posted by my_2_cents on :
Here is the Company Profile fron Pink Sheets:
I see ther was a split recorded here.
Can the number of Outstanding Shares be true?
There were 165M shares traded on Friday July 7th alone!!
Posted by my_2_cents on :
Well I actually think Roc Monee's song is pretty good. I asked a few teens and younger people what they thought of Roc Monee's Light it up song and most said it was pretty good. They said he copies some styles of other rappers but they agreed it was pretty good. If the kids like his stuff and it can get radio play/promotion we have some great potential in RMDG
Go Roc Monee!
Posted by CTMum on :
Looking nice so far!
Posted by InM on :
it hit 19
Posted by Homersbud on :
Here we go! .0019 are starting to faaaaaaaaaall!
4x.0018 bid 3x.0019 ask
Posted by Jo4321 on :
Guess my sell at .0016 Friday WAS a bad idea. Story of my trading life....
Glad to see someone making money! GLTA.
Jo
Posted by Homersbud on :
Weeeeeeee!
don't worry Joe, I've been holding this one for awhile. I'm avg in at $.0024, so I'm just about even finally!
5x.0022 bid 3x.0023 ask!
Posted by orangehole on :
double duce son! .0022!!!
I told you fools RMDG was gonna blow up. Lace up your Timberlands cause it's gonna be a straight up rocket!!
Posted by Igor R on :
Its at .0018 now, whens this rocket going to take off?
Posted by just curious on :
Why sell now??? With a strong finish today we should see at least .02 on monday.
Where's my star...hehe
Posted by just curious on :
oh ****....oops...i meant .002
Posted by Jo4321 on :
That was a good call, Curious.
Posted by EverGreen on :
going for a nice close above .002
Posted by just curious on :
This should pop in the morning... anybody have an idea of how big??? I've got a sell in at .0025
Posted by Jo4321 on :
currently .0017
RMD Entertainment's International Liaison Kevin Hill Returns from Highly Successful European Promotional Tour Business Wire - July 12, 2006 09:43
PHILADELPHIA, Jul 12, 2006 (BUSINESS WIRE) -- RMD Entertainment Group (Pink Sheets:RMDG) proudly announced today that their newest executive, former Bad Boy Worldwide Entertainment Group 'Promotions' expert Kevin Hill, just returned home after an incredibly successful trip to Europe on behalf of RMD. Acting as international liaison for RMD (primarily responsible for overseeing all communication with RMD's key European Distributor, The Pickwick Group Ltd.), Mr. Hill returned early yesterday with a report consisting of nothing but great news for supporters of the RMD vision.
Mr. Hill was welcomed by some of the UK's most influential hip-hop moguls like George Stevens (Label CEO), owner of Hip-Hop Magazine Adam Cowan (Hip-Hop Magazine is the UK equivalent of The Source) and Allan Caitlin - the executive in charge of retail for all UK based Virgin Megastores. Each of these individuals embraced Mr. Hill, Roc Monee and the vision of RMD Entertainment. Each of the executives Mr. Hill spent time with were more than willing to do their part to insure a successful promotional campaign for Roc Monee and the launch of his album which is already being talked about on the UK streets.
RMD Executive Kevin Hill added, "I was truly staggered by the reception I had waiting for me. RMD and Roc Monee are already alive and well on the streets of London, the buzz surrounding Roc's project was intense to say the least. Spending time with some of the top executives on the UK hip-hop scene was a powerful experience; however, listening to each of them offer their support and praise for RMD and all future projects was mind-blowing! It was instantly clear that RMD's global vision and strong relationship with Pickwick has put them on a crash course with success abroad. I am honored to be a part of this family."
Giorgio Costonis praised Hill by saying, "I knew that Kevin Hill was a key addition to our executive team and it is no surprise that he has already made an impact our European position. With Kevin's unique ability to generate excitement abroad, we expect huge things from the Roc Monee project in terms of sales and elevated awareness for RMD. This is just the first of many successful projects that will be driven by Kevin Hill." Costonis added, "We are now able to leverage Kevin's key European relationships against cross promotional opportunities for RMD that span the globe. The success of this initial trip is indicative of the global revenue potential for RMD and the projects we work so hard to make successful. This was a huge step for RMD. I am sure our initial visit overseas has made a statement that we are here to stay and remain confident that we can and will become major players in the European Hip Hop Marketplace."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music industry today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: RMD Entertainment Group
Posted by Extreme on :
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