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LMAO I come back for not reading this board for 4 hours and this just happened to be the first one I clicked on. LOL
MM = Market Manipulator
I see it as an open ended straight flush draw...
lots of outs....
no lol, they need to kick it in gear.
Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
didnt that link that was posted earlier say they have to cover after the 13th day?
why would they be selling when they were buying at higher prices a few days ago?
what the L2 look like
BEIJING, Oct. 20 /PRNewswire-FirstCall/ - RMD Entertainment (RMDM.PK) is pleased to announce the appointment of Mr. Wynn Wang as its new President and CEO. Wynn established Beijing Innotrek Technology CO., Ltd in November 2003 as a high technology enterprise. Wynn was also instrumental to the development of proprietary new technologies that have been successfully patented.
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Wynn quickly attracted a team of professional staff with outstanding backgrounds in various important corporate functions, i.e., marketing, technical etc.
Other appointees to the RMD management team include Mr. Tao Cheng as Managing Director in Technology and Mr. Wu Dan as COO. Wynn is also pleased to have accepted Mr. Winters' appointment as RMD's Secretary, Corporate Affairs and Expansions and Compliance Officer. Mr. Wang said "There appears to be some abuse vis-a-vis the previous management's share distribution and payments for services in shares. Mr. Winters has already received written confirmation for the return of 1.7 billion shares which will immediately be retired to the treasury and he is currently discussing the best way to recover an additional approximately 3 billion shares back that appear to have been issued without due consideration with our legal advisors. It is my opinion that Mr. Winters is the most qualified and most aggressive candidate for assisting us in recovering these shares. Mr. Winters has already contacted the company's transfer agent to begin this process.
Our first line of business is to return some respectability to our unfairly battered share price. Mr. Winters has already identified 1 possible game developer merger candidate for us in Australia. We will keep our shareholders advised of all events promptly"
Innotrek focuses on research and development of advanced broadband technology using Power Line Communication (PLC), long a promising, but unfulfilled, technology to provide broadband over existing copper and cable wires. The Company has developed a proprietary technological approach that resolves the issues commonly encountered when trying to install this type of service. This allows hotels to offer broadband services over existing infrastructure at a much lower cost than alternative forms of LAN networks, while meeting the requirements of ISO 9000. Wynn was also instrumental to attaining patent rights for the proprietary technology Innotrek has developed.
LOL one cannot assume that the share price is not going to go up;
the statement says projected.
Companies make projected growth estimates all the time.
BTW it says a consideration.
projected .001 x 1 bil = a mil
re-read the pr. It will explain it for you.
BEIJING, China, Oct. 17 /PRNewswire-FirstCall/ - www.monacorporation.com (Pink Sheets: MONA - News) MonArc Corporation is pleased to announce that it has the sale of its Innotrek subsidiary to RMD Entertainment (RMDM:PK). The deal, valued at $1 million US will be paid for in RMDM stock, based on a projected RMDM share price of $0.001 per share. In keeping with the Company's policy of distributing proceeds of its divestitures to MonArc shareholders, the Company will be announcing details of an anticipated stock dividend within the next 2 weeks. Additionally, MonArc corporate advisors are currently in China, and will be meeting with PP365.com management to finalize the sale of PP365.com which is also being acquired by the same buyer RMDM Entertainment Group.
for now it does...
they have a reduction of 3.5 billion in the works....
Importantly, we have just closed the acquisition of Beijing Innotrek Technology Co., Ltd. for consideration of 1 billion common shares, with their parent company Mon Arc Corporation, and moreover we are meeting with PP365.com over this coming weekend to finalize terms of this second acquisition. It is our goal to restore value to RMDM and our shareholders, to have both of these good and viable companies operating under our umbrella and control, and at the end of the day, we have the authorized and outstanding share count reduced by about 3.5 billion shares.
I agree, a huge reduction in OS is in the works. This will lead to a better PPS. IMO
yep I have been trading away. LOL
TORONTO, Oct. 15 /PRNewswire-FirstCall/ - RMD Entertainment Inc. (www.RMDMGroup.com, PINKSHEETS:RMDM) is pleased to announce the Company has engaged in discussions with a Chinese distributor with over 600 retail locations of educational audio and video products. The Company has extensive distribution in place in key Provinces across China, in the form of smaller retail footprint stores, in rural and urban centers.
RMD sees this as a growth sector, as China continues to place great effort in bringing broader growth in prosperity to the many rural sectors of the country that have not yet had the full benefit of the economic growth that has transformed the extremely successful special economic development zones.
Current interm management has committed to providing more frequent announcement of business developments as they occur, and bringing greater transparency of the Companies operations to its shareholders. The company has recently updated its filings on Pink Sheets.Com.
In other Company news, Professor Yang a spokesperson for both issuers said; "Progress continues on the acquisitions of PP365.com and Innotrek Inc from MonArc Corp (MONA) with both sides scheduled to meet later this week in Beijing with their corporate advisors. The respective management teams of both companies have agreed in principle that payment in the form of stock is the most appropriate acquisition strategy. This will be followed by a dividend payment to MONA shareholders, with both companies currently being wholly owned subsidiaries of MonArc Corporation.
Read the information in the i-box, it is very informing.
if the pps kinda stays in one area, its not going to set off any bells and whistles. Once it starts moving, look out! IMO.
I know if I wanted to buy up a stock that I knew was undervalued, I wouldnt want the pps to move until I, and my friends, were completely done accumulating. Then, after that, let it go. This would be a perfect situation to be able to control.
why wouldnt they want to keep it down to accumulate. They do not want to attract major attention. Then they have more competition.
Wouldnt you do the same?
LOL I am jumping on it too....
yeah what the heck is going on here, first trades way above the ask 2 days in a row now(throws charts off) now trades going through slightly above the ask?
we ended up with about 90 mil in buys yesterday I believe
mine doesnt show it sometimes and I have to go back and open a new window or refresh, its kinda a pain
yep the 2 mil block @ 9:34 was mine
LOL yeah an an entire cent buy.....
It sounds good. I picked up a few more shares today. Might have to pick up a few more. Volume the past three days has almost been doubling from the previous day. At this rate, it will not take long to formulate a better PPS. Granted, the OS is big, they plan to reduce it by billions and make a sound OS and PPS leading to a betterment for investors. I agree, RMDM is going to make progress very fast. IMO
I leave for 1 minute and miss another perfectly good buying opportunity. I loaded more on the shakedown this morning, so I cant complain. LOL
RMD Entertainment (RMDM) Set Sights on Acquiring China Based Distributor of Educational Audio/Video Products And Asset Purchase
TORONTO, Oct. 15 /PRNewswire-FirstCall/ -- RMD Entertainment Inc. (http://www.rmdmgroup.com/, PINKSHEETS:RMDM) is pleased to announce the Company has engaged in discussions with a Chinese distributor with over 600 retail locations of educational audio and video products. The Company has extensive distribution in place in key Provinces across China, in the form of smaller retail footprint stores, in rural and urban centers.
RMD sees this as a growth sector, as China continues to place great effort in bringing broader growth in prosperity to the many rural sectors of the country that have not yet had the full benefit of the economic growth that has transformed the extremely successful special economic development zones.
Current interm management has committed to providing more frequent announcement of business developments as they occur, and bringing greater transparency of the Companies operations to its shareholders. The company has recently updated its filings on Pink Sheets.Com.
In other Company news, Professor Yang a spokesperson for both issuers said; "Progress continues on the acquisitions of PP365.com and Innotrek Inc from MonArc Corp (MONA) with both sides scheduled to meet later this week in Beijing with their corporate advisors. The respective management teams of both companies have agreed in principle that payment in the form of stock is the most appropriate acquisition strategy. This will be followed by a dividend payment to MONA shareholders, with both companies currently being wholly owned subsidiaries of MonArc Corporation.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
thats what I seen on ABC last night also
looks like things are starting to take off...
yeah up 100 down 500 up 200 down 1100....
and to think yesterday I was trading @900 today its at 830
Idk, I just keep watching it fall, I traded it 4 times this morning. Everyone keeps selling it to have cash on hand, and to make up for stock losses.
not a good image
It looks like we had the 11th greatest percentage loss in the dow and third greatest point loss, which stands to the number one point loss that happened on 9/29 two weeks ago
Yes Like I said a few days ago, below 10,000 it has support at 8,000 after that its 4,000.....