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Grand Entertainment & Music, Inc. Orders NOBO List to Clarify Ownership Wednesday October 11, 9:45 am ET
MONTREAL--(MARKET WIRE)--Oct 11, 2006 -- Grand Entertainment & Music, Inc. (Other OTC:GMSC.PK - News) announces that it has ordered and is reviewing a current NOBO list to clarify all owners of its issued and outstanding shares.
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Fred Berlin, President, stated, "We have ordered a new NOBO list which will be reviewed this week. NOBO lists disclose the recorded shares that are currently held by shareholders. We will compare this list with other company shareholder information. We are taking this action in an effort to investigate recent stock movements, and explore the possibility that there is a significant short position in the freely tradable stock which should be corrected."
About Grand Entertainment & Music, Inc.
Based in Montreal, QC, and incorporated in November 1998, the Company is an independent music company that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and soundtracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 gold and platinum records. GEM, a pioneer in the Internet distribution and digital download field, currently owns and controls all its content and distribution rights. Having both content and distribution rights will enable the company to fulfill its mission of becoming a leading consolidator of quality music catalogues as well as a premier production, recording, publishing and Internet distribution company in the music industry.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM), Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
Contact: Grand Entertainment & Music, Inc. Investor Relations (866) 795-4366 IR*Gmsc-info.com http://www.gmsc-info.com
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What a crazy day. This stock is so sensitive, its amazing. If we have more buying pressure, this will move up real fast. Very low O/S and float.
We need to spread the word about GMSC.
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Today’s Price Performance as of 10:56am EDT, 10/13/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0035 Last Price 0.0005 +16.67% Today’s Change $0.0027 Today’s Open 65,246,793 Above Avg. Today’s Volume
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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