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[QUOTE]Originally posted by madmoney: [QB] RMDG is looking good, has been trading in a range of .0012/.0014 for a while, now they are giving a dividend,here is the divy news, watching for an update>>>>>>>>>>>>>>>>>>&g t;>>>>>>>>>>>>>>>>>>>&g t;>>>>>>>>>>>>>>>>>May 16, 2006 9:25:00 AM Copyright Business Wire 2006 PHILADELPHIA--(BUSINESS WIRE)--May 16, 2006-- RMD Entertainment Group (Pink Sheets:RMDG) announced today its has signed the definitive agreement with Wide E-Convergence Technologies Americas Corporation (WECTAC) (Pink Sheets:WDCV) in which WECTAC will be granted a five year license to custom develop back-end commerce solutions for RMD's MoTV Platform as well as market the entertainment and retail interactivity capabilities of MoTV to the mobile communications users in India and the Caribbean countries. Under the terms of the agreement, WECTAC has issued 14 million Restricted Common Shares and 12 Million Warrants at $.10 per share to RMD Entertainment in consideration for the 5 year license. RMD's management will be delivering 10 million of these restricted shares to its shareholders in the form of a special dividend. The special dividend has been finalized and will be payable to RMDG shareholders of record as of May 20th, 2006. RMD CEO Giorgio Costonis commented, "We are excited that we have been able to close this transaction ahead of schedule while simultaneously being able to reward our shareholders with the special dividend that is accompanying this transaction. This relationship with WECTAC will provide MoTV users with an enhanced mobile entertainment experience while rewarding our shareholders through the realization of new customers and the revenues generated from the additional distribution." He continued, "We are now turning our attention back to developing similar distribution opportunities for the MoTV platform in other parts of the world." 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 (NYSE:V)) 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. >>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>> > this looks pretty good to me. [/QB][/QUOTE]
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