posted
RMD Entertainment Hires Former Bad Boy Worldwide Entertainment Group Executive May 23, 2006 9:45:00 AM Copyright Business Wire 2006 PHILADELPHIA--(BUSINESS WIRE)--May 23, 2006--
RMD Entertainment Group (Pink Sheets:RMDG) announced today that the Company has added key entertainment veteran and former Bad Boy Worldwide Entertainment Group 'Promotions' executive, Kevin Hill, to the Company's executive ranks. As RMD's International Liaison, Mr. Hill will be responsible for all artist releases overseas, including promotion and marketing, as well as all communication with RMD's key European Distributor, The Pickwick Group Ltd.
Giorgio Costonis, CEO of RMD Entertainment, commented, "Coming on the heels of our most exciting and promising deal to date with the Real Hip Hop Network, creating and maintaining strategic international relationships is vital -- there is nobody I'd rather have working for RMD in that capacity than Kevin Hill. Not only have I experienced his exceptional work ethic firsthand, but I've also received nothing but ringing endorsements from his former Bad Boy coworkers with respect to his character and ability." Costonis added, "Anytime an up-and-coming company like ours can add a proven industry veteran like Kevin Hill to their team, it spells success. We are no longer looking down the road to success, we are paving it."
New RMD Executive, Kevin Hill, added, "I am beyond pleased to accept this position at RMD Entertainment. RMD's rise to success marks a 'changing of the guard' in the hip-hop community; their recent developments clearly reflect that. They are ambitious, young and driven to take the hip-hop industry to the next level by bringing it directly to Wall Street. Each of their executives has a genuine love for hip-hop with razor sharp business acumen; this combination is exactly what this industry needs to evolve. I have always wanted to be a part of an organization this poised for success."
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 PDA's. 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.
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
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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quote:Originally posted by Joel T: volume picking up. anyone think it could run today?
Looks like slow and steady. I am still waiting to hear news on the divy specifics.
Posts: 725 | From: litte rock AR | Registered: Oct 2005
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posted
The MMs still need more shares, they just walk up and down in hoping the investors will give up their shares.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
I'm gonna wake up one day in the near future and see this thing sitting at .0024 That will be a good start to my day.
Posts: 565 | From: War Eagle | Registered: Jun 2005
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RMD Entertainment Executives Asked to Participate in National Press Conference on May 25th in Washington, DC 5/24/2006 9:30:01 AM PHILADELPHIA, May 24, 2006 (BUSINESS WIRE) -- RMD Entertainment Group (Pink Sheets:RMDG) announced earlier today that they have been invited by their newest strategic partner, Real Hip Hop Network (RHN), to participate in an upcoming press conference in Washington, DC. Thursday May 25th at The National Press Club (Holeman Lounge), RHN plans to publicly announce their exciting new partnership with RMD Entertainment. RMD CEO Giorgio Costonis will be joining RHN President and CEO Atonn Muhammad to interact with the media and answer questions.
RHN will also be taking the opportunity to announce upcoming projects with ROO, DOWN Magazine, The Source, XM radio station RAW and MHz Networks. On hand to meet the press with Costonis and Muhammad will be Rob Petty (President and CEO, ROO), Paul Waters (Senior Vice President, CoLours Television), Jeremy Miller (President and CEO of The Source Magazine) and Isaac "Big Hawk" Hawkins (Co-Owner DOWN MAGAZINE). Also in attendance will be representatives from the Tupac Shakur family, Pras Michel (from The Fugees), hip hop Legend Rakim, and other entertainment sensations.
RMD CEO Giorgio Costonis commented, "What an honor it is to be able to stand alongside our new strategic partner RHN and meet the press. This is a huge announcement and deserves to be made in the national spotlight; however, I never imagined we would be joined by some of the greatest names in the hip-hop industry when making it. This is a great day for RMD; although, it is a greater day for hip-hop."
RHN and RMDG sources indicated that special announcements would be made during the press conference for the first time. Details were not available at the time of this release but executives from both camps confirmed the announcements were related to additional ventures between both firms.
Posts: 59 | From: Huntsville Alabama | Registered: Mar 2004
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quote:Originally posted by jakeo: I'm gonna wake up one day in the near future and see this thing sitting at .0024 That will be a good start to my day.
RMDG hit the high of 0.0021 this morning. Dividend is coming, DVD magazines are set to launch soon, many marketing deals will go thru -- all these will put the pps in its right place, 0.01, in a few weeks.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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quote:Originally posted by jakeo: I'm gonna wake up one day in the near future and see this thing sitting at .0024 That will be a good start to my day.
Well I just got up!
RMDG RMD ENTERTAINMENT GROUP COM (OTC) $0.0021 0.0006(40.00%)
Not too far off.
Posts: 565 | From: War Eagle | Registered: Jun 2005
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posted
Moving up and more news tomorrow. Better buy all you can today because this will be the last day of geting it cheap
Posts: 70 | From: Ohio | Registered: Nov 2005
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posted
Where do you guys see this going realistically and what is the time frame on it?? been holding 250,000 shares at .0014...wondering if i should add to it
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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liberty01
unregistered
posted
im in at .0012 holdin till .003's somewhere. rebuy on pull back in .002's look for .01 around end of june. the magazine BLOCKSTAR is an entertainment magazine(looks very professional by the way) generating revenue from hip-hop and r&b ad sales(huge). Huge market and being sold in walmart and other stores. july 1(release). JMO but its the way it looks to me. hows that
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
I would take some profits (don't sell all of it) at resistance levels, and add more on the dips. You would have 100% at .0028, sell half your position,then add more on dips. JMO.
Posts: 725 | From: litte rock AR | Registered: Oct 2005
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-------------------- ---------------------- I need MONEY Posts: 33 | Registered: Apr 2006
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liberty01
unregistered
posted
Sniper couldnt answer that. all that i know is whats happening right now. Company is focused on return on investment. To me that is good!!! listen to the interview on wall st.net. very confident, appreciates the investor and has a plan for company to increase profits now(magazine probably driving force) watch for more PR's and do your DD.
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posted
Been holding this as a bag for the past few months. Nice to finally see green in my portfolio on this one. I'm waiting for mor info on the divy to add more.
Posts: 249 | From: PA | Registered: Feb 2006
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posted
got in at .0008 enjoying this ride. Flipped this a couple times in the past made some nice cash
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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liberty01
unregistered
posted
wait till they announce the release of their magazine. If i know them they have a Bad Boy Executive on their team now so you know that have to do it big for the release.
And speaking of i saw on another board an idea of big money(rap label executives) coming in and playing!!
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i wish i would have bought this along time ago. when it was at its low.. i put a order in the cancled it...... stupid me! should have went with my 1st thought.. and not 2nd guessed myself!
Posts: 78 | From: FL | Registered: May 2006
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posted
RMDG will run much smoother than IPRE because she has gone thru the cosolidation between 0.0012 and 0.0020 for two weeks. Now she is ready to go up another level. MMs are in charge to raise the pps for their own interest. Do expect some swings and shakes because the MMs love to get cheap shares at the bottom of all levels.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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liberty01
unregistered
posted
i like these levels - good bye .001's. time to open the wings a fly.
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