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News...
RMD Entertainment's "Texas Beach Party" DVD Series Ready for Mass Distribution
PrintE-mailDisable live quotesRSSDigg itDel.icio.usLast Update: 9:46 AM ET Aug 28, 2006
PHILADELPHIA, PA, Aug 28, 2006 (MARKET WIRE via COMTEX) -- RMD Entertainment Group (PINKSHEETS: RMDG) announced today that their long-awaited "Texas Beach Party" DVD project is just out of postproduction and ready for public distribution. The "Texas Beach Party" (a.k.a. Kappa Beach Party) is one of the largest spring break events in the world, which takes place every year in April. At its peak, more than 100,000 students and participants have made the annual trek to Galveston, Texas for 3 days full of fun, food, festivities, entertainment, music and more. This year was dominated by hip-hop, featuring performances by the hottest artists in the industry like RMD's own Roc Monee and Big Kuntree -- along with Mike Jones, Lil' Flip, Dem Franchize Boyz, B.G., Beanie Sigel and Chamillionaire, to name a few.
Originally, the footage amassed during the show was to be edited into one piece and distributed as "The Texas Beach Festival;" however, after RMD CEO Giorgio Costonis and Beaty Four Entertainment CEO Frank Beaty saw the performance footage, they agreed that there was enough incredible footage of each performer to produce an additional series of multi-platform delivery segments from the project. Each performance was edited into its own separate piece and will be distributed individually by RMD via internet, video on demand, IPTV, and mobile platforms. The DVD will be distributed by Bungalo Records (exclusively distributed by Universal Music & Video Distribution). Beaty Four Entertainment and RMD executives are currently exploring a multi-city DVD launch tour in which key markets would be targeted for live promotional performances by the key artists from the event.
RMD CEO Giorgio Costonis commented, "This is another example of a project we have taken the time to nurture. Much like Block Star DVD Magazine, this is content we know resonates well in the hip-hop community and we are confident it will do very well at retail." Costonis added, "The 'Texas Beach Party' event made such an impact on the crowd in attendance that we knew it had to be made available on DVD. We see this series as the type of creative content that will generate revenue on various platforms ... and we are exploring them all. The bottom line is if we can sell it as one piece with the largest distributor in our marketspace carrying the product to top retailers and we can sell pieces of the project via other platforms, we expect a good return on our efforts and resources."
Individual performances and clips of the "Texas Beach Festival" are expected to be available via Google and other online providers next month with corporate sponsors footing the bill for the consumer viewing.
In essence, the RMD business platform allows revenue to be generated while promoting its products in newer broadcast platforms as the battle for content continues on.
DVD release is expected in the first quarter of 2007.
hi, all..
WOW, then why are u bashing this stock??
I think roi have at least 50 mil .. Me I am a college student and I can only bare to lose little. Have 800,000 :( in @ 0.0009
I am adding more but till now, my order was not filled so I will see Monday. GLA
Well said..Pravo derf1..Eom
usually how long the accumulation should go on??
It seems for ever with this one. I just wanted it to be stable and steady so that it can move forward.
IMO we need more squeeeeeeezzzzzz roi, and a stop to bid whacking.
humm wide spread, how many MM's in 0.0012.
Yea so tight, that only 5+mil exchanged so far. We usually by this time hit 20mil and above.
thank you, what a relief .eom
It will be over only when the fat lady whistle, till then accumulate.
roi a doji with this stock always tend to be reversal to worst. Thank God that I am longterm in this one
It is just the trend before closing, to bring it back to PrevClose price.
i am a cheap Ba$$ard, what else can i say.
finally.. near closing time too.eom
thank you, I placed order @0.0009 GTC.. I hope it get filled today.
how is L2 shaping.eom
oh my 300%+ gain.eom
thank you for the level II screen print. Could you tell me which softwear do you use.
.. Yup they are..
Do you have a link..thanks
actually flipper came back. this stock will suffer alot till we have a final answer from the company.
3mils at 0.001. I think we will go below that again. I wish if I have money to buy again.
lol..eom
100,000 shares only exchanged so far. It seems we have a long very slow day :(
Did any body notice the bid/ask wacking that is going on. If the ask is 0.0012 but the actual sale is 0.0013 what that means??
thank you roi. Time is all that this stock need.
making invester impatient, or frustrated is part of MM's goal. Don't fall to their hand..
roi how is the resistance level looks to you
Not bad, a small pre-market activity.
lol... atleast it was worst before.. Like 5,000 or 10,000 to close lower and tom will open low.. So who sold today at 0.0012- 0.0013 can reenter again tomm between 0.0009 to 0.001. It may be a small profit but repeat it enough times and it will not be small at all.
Roi is there a news out??? or did eveyone found out that this is the real one.. I am so happy that I hold and kept on building..
Bid size unreal...eom
What did I miss.. How Level 2 shaping up??
Who will buy 143 shares only..manipulation, MM's want to keep price low.. to cover shorts IMO
Roi, do you sense that something is cooking up.. something that smells soo good..
I feel like puting an order for 300 Mils, and see if it will be filled.. But thank God I am not suicidal yet.. But Will buy more and more in every dip, need to lower my average. This stock is just buy it and put in on a shelf and forget about it, this kinda stock requires patience.. Same as my ATWT and RMDG. all have the same pattern of trading.. Extreem highs and Extreem lows, without news.
lol..eom
I am trying to suck up some cheap shares, if they let me.. have me an order in @ 0.0009 & 0.0008.. still waiting to be filled..
that is great.. a working product... I just pray that we also have a working managment that could satisfy their investor Q's and atleast answer some of our calls or something.. even TA ignoring us..anyway, I keep buying in every dip to 0.001 land, and I am a very, very, verrrry patient person.