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RMDG http://biz.yahoo.com/iw/060612/0134989.html
RMD Entertainment Clarifies Details of WECTAC Special Dividend
Monday June 12, 10:06 am ET
PHILADELPHIA, PA--(MARKET WIRE)--Jun 12, 2006 -- RMD Entertainment Group (Other OTC:RMDG.PK - News) announced today the clarification of the details regarding the dividend and licensing agreement with Wide E-Convergence Technologies Americas Corp ("WECTAC") that was announced previously in a press release in May, 2006. The special dividend has been finalized and will be payable to RMDG shareholders of record as of June 20th, 2006.
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WECTAC has been granted a five-year exclusive license rights to market all of RMD Entertainment Group's current and future products in India and the Caribbean countries.
Under the terms of the agreement, WECTAC will issued fourteen (14) million Restricted Common Shares and twelve (12) million Warrants at $.10 per warrant to RMD Entertainment in consideration for the 5 year exclusive license. RMD's management will be delivering a minimum of ten (10) million and a maximum of twelve (12) million of these restricted shares to its shareholders in the form of a special dividend on June 20th, 2006.
RMD CEO Giorgio Costonis commented, "Management recognizes the value of competing in India and the Caribbean countries. We are hopeful that WECTAC can create a substantial customer base there for all of our Urban Media content."
RMDG dividend news
XKEM ready to go
ADVC's already had the crap beaten out of it. It's overdue for a nice fat run.
Wow! That's pretty! Volume starting to pick up too
it's fake
XKEM long way to go
Cool! Dump it baby!
WTVN Okay. Everybody dump your shares
XKEM so many weak hands. are they finally gone?
WTVN MMs won't let you buy at .0004
lol You STILL haven't figured it out!
been watching this all day lol. buys at the ask all day, too. try to get in at 4, if you can.
party starts shortly, er, soon. ;)
fwiw, gettin hit at the ask all day. hmmm...
aww too bad. I saw a chunk go by at 4 and thought that was you
CNES back on bottom-fishing watch list
WTVN didja get it?
cloo-less
XKEM MMs shakin stupid hands out. They're just trying to shake out some more.
XKEM trying to add here.
Do you have a clue what "orphan drug status" means?
yeah. more XKEM. ;)
lol F%$# ARCA. let's invite the SEC to this party.
XKEM I'd be suprised to see .03 today. After today's volume, tho, I think tomorrow's the party day on this one.
ARCA makes money by faking out weak hands
XKEM MMs trying to shake you out. They're here to make money, not give it away.
nope
lol
See? you stopped bashing and it stopped falling. ;)
you da man!
don't fucus on pumpers/bashers? lol! is there anyone else here other than the mute sheep?
Well, I can see RMDG falling (as you bash) as fast as it ran up on pumpers' comments. Just an observation.
hmmm...so are you trying to talk this down so you can get cheap shares? should I be as leary of your comments as I am of habitual pumpers?
It wasn't a putdown. Even smart money knows there's a time to have a weak hand in a stock, just like there's a time to have a strong hand. I was just surprised, is all.
yup. WTVN is dead.
wow! weak hand
WTVN dead?
RMDG mm having a temper tantrum
RMDG .007s before pc