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Agree. That is better. It was just a proposal to uncover directly the situation for actions in need.
Besides waiting passively, I think we can assume the current management of RMDM was ineffective and having problems. Anyone (or Lawyer) can represent the investors to clarify the status of company. That will give solution and situation of the company for those concerned and potential investors to act on it.-- That is my opinion.
I did not recall any of their statement/portent of the falling apart since 2009. Or any clear statement about the termination of IR relationship. They mentioned some thing like China answered directly to shareholders in 2010(?) (not since 2009)..... Hope I respond to your statement.
From the Friday's Tips:
“OUT OF CHINA, INTO THE USA
Many shareholders are asking why there is no news from many China issuers. The hard reality is that China is not doing that great nowadays. read.bi/j0mjq7
No the sky is not falling in China but its definitely not what it was a while ago. We had a significant China based portfolio of clients with whom we terminated our IR relationship. The writing was on the wall starting in 2009.
So whats next? Our bets are on North America (Canada and USA) and possibly EU.
We are entertaining many USA based small firms CEOs who seek access to capital to kick start their businesses with the TARP programs. Some have already been approved and all they need is a small nudge and hand holding to get the ball rolling. “[/b]
From some above confession, it is obvious, the old parties are in the difficult situation and the used operating old tricks was no more effective.
What is coming next to be your dream. Just view or find out any right group or party to act on it. The occurrence is possible. Otherwise it will stay here as long as it can to have its odds. Good Luck to All. Just share my view for your understanding to the situation.
To make this 10 billion shares stock alive and up, for sure will bring a big fortune. It needs the luck to have a right party knowing how to make use of it and manage it ......My own view.
It should be a reverse merger not targeting on “pump and dump”. A potential reverse merger is capable to deal with the dump and keep the price and raised capital for business and further development. A right merger would explore its value and realize its goal. My opinion
The only expectation now for this stock is:
It will not die and still with a value for the new merger who can manage it. Well, it happens, it will be sucessful....
Yes, until see some input or action. Just my opinion
I am waiting to see where it to be, with a goal of a real winner/game changer or at least a tradable stock. Real result will show up over time. Do what you can do, but some things are not under your capability....
Thank you for your information. Do we also have the evident to act and make the management more transparent? I think it will be clarified as long as it is valuable enough and there will be a responsible management for it.....
I think people are still waiting to see the real situation and development. Only seeing the action and plan can clear the past confusion and confirm its value. Without knowing who is managing it, for sure there is no interest from outside. And only wait and goes itself. That is why don't RS before having a real good plan or better putting all efforts to prove its value without RS....Just my opinion.
It is a good idea and right direction to have the Chinese partner buy partial of it to stop the reverse split in near future. The reverse split, from RMDM past history, means trying to raise fund again for the company survival or for the management's own benefit. So far, I don't see it works. The repeat failure of reverse split will hamper the further development significantly.
To have a potential business foundation for this pink sheets to be Sec-registered is a very important step to make this stock great and become a public company under SEC regulated. An extended China based U.S. Company is also a good developing opportunity for this stock.
I agree your suggestion, but it is not under our arrangement. How and Who to keep it in a right track is the key at this developing stage. When it goes up to a certain level, it will go tremendously itself as we wish... That is my thought.
The most successful development would be: Keep no reverse split until there is a good merger plan. That will be the best for its next development -- It might be idle for a period during working out a good development plan.
If it is able to get back to a reasonable stock price level without reverse split in future, then I believe it will clear out all the confusion and shows its potential to march into a very successful stage. It is my opinion.
Very good iformation for the current situation.
That is a general answer to you revealing some points to act. It is hard and avoid to put some clear cut statements in details without evidence.
As long as they are not in the name of Management, they are not taking the responsibility of Management and commit to investors/traders. Even they were deeply involved in management, we should not consider them as Management. That will make a wrong acknowledgment for the judgment of investment operation and possibly result in big loss of money. The Management should take full responsibility of whole, including the trust of Investor relationship and press release. An inability or uncertain Management for the company, if it is in this case, that was what I meant questionable..
Just clarify those functions of company operation for the communication and investment operation for following up of the consequence of market. That is my understanding.
The biggest problem now is the total silence of the Management. It means some thing was possibly happened significantly in the Management or out of control. All those unofficial news and tips need not be taken into account in your action for its further development or make your own decisive action for this questionable situation.
If the stock price and trading can not be reasonably maintained and has not any effective action or care from the Management,not MMG, it is questionable for them to manage this stock now. Then let it comes to the fact or wait and watch the total change occurred.....Just my thoughts for the current situation.
The reverse split result
Reverse split History: (please refer to otcmarket.com
•Capital Change=shs decreased by 1 for 70 split. Pay date=10-21-05
•Capital Change=shs decreased by 1 for 40 split. Pay date=2-13-07
•Capital Change=shs decreased by 1 for 2000 split. Pay date=07/20/2007.
From the history and up to the current situation, the reverse split should be with a good solid management plan; otherwise it will not work and fail again. Develop without a reverse split will be better than with reverse split.
An announcement of the further solid development (merger) plan before reverse split is necessary to clarify the current silent and uncertain management status. Without a responsible management, what is the coming result is obvious unless it turns up with a new reliable Management. Take an action to adapt your expectation to the real response of the company is a good decision. Just share my thought.
It looks like something already changed or happened to RMDM Management, but it is not announced publicly. That causes some market reactions. It is my guess.
The “Reverse Boost Program” from MMG Friday’s tips gave some insight into RMDM’s status. But the Management side, so far, their information and actions are totally unknown—-nothing filing publicly on the pinksheets.com. It needs further information to clarify its real status for the next movement. The earlier the fact comes out the better….My opinion
Focus on the change. Its value depends on its ability of change. It is my opinion.
It is in process of change.
The best scenario is to have it up to 0.001 or 0.01 before reverse split, then having a good merger…
The worse scenario is staying around this level, no matter it is reverse split or not. I believe it will not last longer within a year to show the real result. Just write something about the change.
Happy New Year and Good Luck to All year 2011
I think it is impossible to be over in the short term, even a lot of dumping just causes a short dip, not affecting the coming opportunity. If it is there, it will be out of scam and turn to some real thing. That process will not be avoided. My personal opinion
I would like to keep silent until I am sure the real thing happened, in order not to affect others.
That is partly what I mean. At this low price, it is not difficult for any party to manage it with a goal.
Only see the uptrend possibility, it is still under certain control. Difficult to tell how long it takes until some thing shows up. My opinion
The recent observation makes me feel a possibility that RMDM will gradually reach a firm level of 0.001, 0.01..... And further develops to a better level depending on the change and real efforts of the key factor -- Management of the coming days. It is just my thought. Hope it is the time to say this.
I think it is under his control or doing some scheme...until the real fact comes out.
They ask you to sell @0.0001.
Let it be or to be... Just my thought.
A short brief story for your reference:
The only pink sheet I invested SCXC, patented monitor equipment’s company, and then changed to an entertainment company with big goal to join Wall street for music and film business. But finally reverse split over 700 times (as I remember). My over million shares became few hundreds shares and price down, the total loss is equal to 70 million shares at the current level. It is OK for the risk of a big goal investment in pink land.
Now see this management back again with the current CEO. See again the film investment that I didn't hear before. I believe people develop big goal for business but take advantages by SCAM or finally has to be SCAM.
If RMDM can survive so many years, at least it can be a stock with reasonable price for financing the business. Things are not always under control by people. The change will come. Make it a good change to have a different future..... Good Luck to All. Just my thought
She ain't what she used to be
Many long years ago.
………………………………..
Ten long years ago
End the game and “Long money” will come .
Just have fun of it.
I don't think the old gamer can do more thing to this stock. What they can do next and change?
For your reference:
Key developments for RMD ENTERTAINMENT GROUP (RMDM)
RMD Entertainment Group expected to report Q3 2010 results on November 18, 2010. This event was calculated by Capital IQ (Created on September 15, 2010).
09/15/2010. From the following link:
http://investing.businessweek.com/research/stocks/ownership/ownership.asp?ticker=RMDM:US
Very unusal, just wait the big change!
I think we can further confirm some key development in this year with so many findings and information from all of us.
The true fact is not observed yet. The changes are going on -- The change of Management's mind and itself. The good opportunity is there, it depends how people to do with it. A good development will make it to be a real game changer in pink area, I know, if it happens, it is a miracle.
It seems safe at this level now to follow up its change. Watch how far and fast RMDM goes... and where it stops. Just share my thought with you.
I like to see this kind of change happened, it is needed to make RMDM big...My opinion.
Yes, wait and see. But so far it is not showing strong enough for breaking through the current situation yet. Anyhow, it is OK for waiting the change. It needs time to change. I hope to see any "real development" or "change" sign soon. It is my opinion
As long as you find fact that it is all tricks and are sure It is impossible or no chance to be changed. Then it is time to stop waiting.
For this case of RMDM, It is a "wait" for the real opportunity--The old negative dominating power must be ineffective, the management must be able to progress or this stock is a real opportunity for a potential management. If the above condition is impossible, then the decision is "not wait"......It is my opinion.