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[QUOTE]Originally posted by J_U_ICE: [QB] RPDI .0004x.0008 As of the close of business 5/15/2008 Authorized Shares 150,000,000 Issued and Outstanding Shares 98,757,129
Rapid Fitness, Inc. Announces Company Statement and Acquisition With Global TV Network, Trading on the OTCBB Has Offered to Purchase Our Mainstream Entertainment Subsidiaries Thursday, June 19 2008 2:40 PM, EST
Market Wire "US Press Releases " FT. LAUDERDALE, FL -- (MARKET WIRE) -- 06/19/08 -- RAPID FITNESS, INC. (PINKSHEETS: RPDI), a publicly traded company currently on the Over the Counter, announces we have an agreement with Global TV network, a Subsidiary trading on the OTC Bulletin Board (Holding Company soon to be announced), has offered to purchase our mainstream entertainment subsidiaries. Rapid Fitness board of Directors has agreed to Global TV Network acquiring these subsidiaries in a stock acquisition agreement. IPTV Entertainment Network -- KIDS MUSIC TV Network -- IPTV Sports Network. Anthony Mellone Stated: "This is the best move we have made since we have begun operations. This agreement supports all our investments and shareholders into a stronger position. The purchasing shares shall be divided among all the shareholders of Rapid Fitness. Rapid Fitness, Inc. shareholders shall receive shares in Global TV Network and retain the shares presently held in RPDI. Amore TV may remain in (RPDI) or spun out. Amore TV will work together with the Global TV Network supplying content for the hospitality network of Global TV Network for their Hotel division network. We believe this is a strong move for Rapid Fitness shareholders and we are very excited to complete this agreement." About Global TV Network: The Global TV Network is an ISP Portal broadcasting in all languages around the world; their portal has been designed to open in 156 languages in all the top countries. They also stream TV programming in all languages any where in the world for the first worldwide TV broadcasting Network. Global TV Network broadcasting portal can be seen at:
Safe Harbor Provision This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Rapid Fitness, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition. Contact:
Rapid Fitness 6499 N Powerline RD #201 Ft. Lauderdale, Fl, 33309 Ph: 954-772-2640 Fax: 954-772-2643
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Hey, SoAngel. If your goal is 8-12%, don't play otc stocks. They are all dilutiove and very risky. You can find big board stocks to play from this thread: Great bottom-bounce plays for non-OTC:
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this is a risky one, but RKLC may be at a bottom here..I grabbed some down here today.. the potential upside to the chart is interesting
Posts: 6397 | Registered: Jan 2006
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Okay, now here's my take on this piece of garbage. I'm glad you chimed in on this one cackleman.
Certainly it is hideous looking right now. AJW has single handedly caused the price to go down from the teens all the way to micro land and move from the OTCBB to the pinks. And why not? They have an offshore arm (AJW offshore) which allows them to short the stock and a sweet warrant that gives them a discount on shares.
But also, the PPS has dropped from .0014 to .0003 on less than 14 million shares traded. That's not a whole lot of cabbage- nor a whole lot of volume, so if there was ever a time for AJW to convert some shares and manipulate the bejesus out of RKLC it would be now.
Of course the flip side is that the company could r/s and AJW could do its shenanigans at a later time.
I think it either goes really nicely from here or they r/s it within a month. A gamble here, but I picked up a tad at .0004. What the hell- I'm bored.
quote:Originally posted by cactus33: this is a risky one, but RKLC may be at a bottom here..I grabbed some down here today.. the potential upside to the chart is interesting
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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quote:Originally posted by bilgert: Okay, now here's my take on this piece of garbage. I'm glad you chimed in on this one cackleman.
Certainly it is hideous looking right now. AJW has single handedly caused the price to go down from the teens all the way to micro land and move from the OTCBB to the pinks. And why not? They have an offshore arm (AJW offshore) which allows them to short the stock and a sweet warrant that gives them a discount on shares.
But also, the PPS has dropped from .0014 to .0003 on less than 14 million shares traded. That's not a whole lot of cabbage- nor a whole lot of volume, so if there was ever a time for AJW to convert some shares and manipulate the bejesus out of RKLC it would be now.
Of course the flip side is that the company could r/s and AJW could do its shenanigans at a later time.
I think it either goes really nicely from here or they r/s it within a month. A gamble here, but I picked up a tad at .0004. What the hell- I'm bored.
quote:Originally posted by cactus33: this is a risky one, but RKLC may be at a bottom here..I grabbed some down here today.. the potential upside to the chart is interesting
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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RKLC two easy 3 baggers in last 2 days..not bad bilg..you owe me btw, lol...kiddin, you are da man
quote:Originally posted by bilgert: RKLC- .002/.0028
man, I'm awesome. Cactus, you're just okay.
quote:Originally posted by bilgert: Okay, now here's my take on this piece of garbage. I'm glad you chimed in on this one cackleman.
Certainly it is hideous looking right now. AJW has single handedly caused the price to go down from the teens all the way to micro land and move from the OTCBB to the pinks. And why not? They have an offshore arm (AJW offshore) which allows them to short the stock and a sweet warrant that gives them a discount on shares.
But also, the PPS has dropped from .0014 to .0003 on less than 14 million shares traded. That's not a whole lot of cabbage- nor a whole lot of volume, so if there was ever a time for AJW to convert some shares and manipulate the bejesus out of RKLC it would be now.
Of course the flip side is that the company could r/s and AJW could do its shenanigans at a later time.
I think it either goes really nicely from here or they r/s it within a month. A gamble here, but I picked up a tad at .0004. What the hell- I'm bored.
quote:Originally posted by cactus33: this is a risky one, but RKLC may be at a bottom here..I grabbed some down here today.. the potential upside to the chart is interesting
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