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Thanks for a sensible and reasoned response makesumgravy. I am still a shareholder here and have not tried to trade my shares, wrote the whole deal off mentally as a likely total loss months ago, lol.
If I can ever unload my 10% shares at .003 and get my cash back, then I will be left with worthless preferred shares and a worthless debenture, imo...
But I have never seen such a circus as this stock, and really believe the SEC should not allow such things as unintentional shorting to occur. And if a brokerage forces a shareholder to buy back the shares, at the market, as I believe is happening now, then I believe that it should be taken to arbitration or a lawyer.
And no, I still don't believe PEARL is not diluting this stock still. Only if she becomes a reporting company will I believe her.
GLTY
This is insane, should the SEC halt trading until all this is sorted out? I can't imagine an investor that placed an order to sell shares with a broker and sold them using the regular order sell form, NOT A SHORT SELL FORM, would have any liability to cover the order if THE BROKER MADE THE MISTAKE and let the order go through.
Since the brokers rules prohibit selling a security below $5, the broker should not have sold the stock anyway if it was short. THE BROKER SHOULD HAVE KNOWN, and any liability should be the brokers.
I think a trading halt until all the paperwork is cleared is clearly in order.
"Someone, somewhere somehow has freetrading shares" Or someone is selling NEW SHARES again. Isn't the outstanding of PAIM unlimited?
Why doesn't someone e-mail Pearl and ask her if she plans on selling any more shares to "fund operations"
That would be a good response.
I'm not bashing, just asking, I hope you all can trade bid .0004 and ask .001 and make money, lol.
But answer my question...
Where are the shares coming from?
WTVN -Press Release Source: Wi-Fi TV, Inc.
Snail TV Has Weakest Ratings Week Ever While Internet TV Grows, Says Wi-Fi TV Inc. Chairman
Wednesday July 12, 10:00 am ET
Wi-Fi TV Offers Forum for Live Debate on the Future of TV
NEWPORT BEACH, CA--(MARKET WIRE)--Jul 12, 2006 -- Coining the phrase "Snail TV" for traditional TV, Alex Kanakaris, the Chairman of Wi-Fi TV Inc. (Other OTC:WTVN.PK - News), stated that, "Snail TV just had its weakest ratings week in the history of television, while the demographic audience most sought by TV advertisers is migrating to the Internet."
ADVERTISEMENT
Mr. Kanakaris referred to news headlines such as these: "TV's Lowest Week" read the top headline on the Drudge Report for July 11, 2006. Yahoo! News reported, "A low-water mark for Broadcast TV viewing" and said that, "TV viewers must have taken to the beach: It was the least-watched week in recorded history for the four biggest broadcast networks. CBS, ABC, NBC and Fox averaged 20.8 million viewers during the average prime-time minute last week, according to Nielsen Media Research. That sunk below the previous record, set during the last week of July in 2005."
Mr. Kanakaris added, "This is traditionally Snail TV's slowest week. But you also have to look at the tens of millions of page views that were reported globally for web sites featuring the World Cup. And you also need to look at how few new shows are catching the public's imagination. Just as the music business migrated to Internet-based devices, TV may be heading in the same direction."
Mr. Kanakaris also invited any TV executive to join him live on Wi-Fi TV (www.Wi-FiTV.com) to debate the future of television. "Its time to debate Snail TV versus Wi-Fi TV, and we need to do it on the Internet, where the whole world can watch," stated Mr. Kanakaris.
Beginning in 1995, Mr. Kanakaris, as Chairman of what is now Wi-Fi TV Inc., spoke at Internet forums regarding the concept of taking one piece of entertainment, storing it digitally, and replicating it over the Internet on demand. Wi-Fi TV Inc. delivered the first commercial online movie in December 1995 ("The Perfect Gift," using Xing Technology) and has gone on to become a pioneer in delivering a membership package centered around live online TV.
Wi-Fi TV viewers from 130 countries around the world are tracked on the home page (www.Wi-FiTV.com) by the independent NeoTracker.
About Wi-Fi TV Inc.
Wi-Fi TV can be seen over the Internet in the United States, Latin America and globally. More than 200 channels of live TV programming, Country and Category specific breaking news and free voice over IP phone calls are available at www.Wi-FiTV.com.
Wi-Fi TV now offers viewers several options to sample its array of live online TV and other features available at www.Wi-FiTV.com.
There is a free five-minute trial with no sign-up required, a free 14-day trial and a choice of monthly recurring subscriptions for $2.95 or a annual subscription for $24.95. Members get unlimited, no additional cost access to hundreds of channels and other features.
Wi-Fi TV Inc. has opened a new content and technology demo room for the press in Newport Beach, California. For further information, contact Colby Marceau, 949-716-9397, info@wi-fitv.com.
evensooner - I estimate 2 -3 billion WTVN shares may be outstanding. That is a lot, but no more than USXP, PAIM, BKMP, and many many more that are trading a lot higher.
You have to load these things when they are low, and sit on em until they take off, then decide whether to cash completely out or let some ride for the big run.
GLTY
Religious programming could really be a coup.
Think about it, how many Catholics might subscribe to see the entire broadcast of the Pope, broadcasting ceremonies on holy days?
There is a lot of money associated with religion, and providing a low cost service to help spread the message, might really be a marketing angle.
Can't wait til they release subscriber numbers!
WTVN - worldwide appeal - and religious programming could really be a coup.
Think about it, how many Catholics might subscribe to see the entire broadcast of the Pope, broadcasting ceremonies on holy days?
There is a lot of money associated with religion, and providing a low cost service to help spread the message, might really be a marketing angle.
Can't wait til they release subscriber numbers!
Stop the DILUTION! Pearl is dumping billions of shares on you again! Has anyone read any statement by her that the company is fully funded, will not need to issue any more shares, or that she will not dilute this stock again????
I DIDN'T THINK SO!
1.25 BILLION SHARES HAVE TRADED IN THE LAST 2 DAYS! WHERE DID THEY COME FROM IF THE OUTSTANDING SHARES ARE DOWN TO JUST 3 BILLION???
Think about it.......... at least be nimble, lol
Good luck, anyone paying .0005 or more gonna need it!
WTVN - may be the next sub-penny mover
I gave you GBVS at .48 yesterday! WTVN at .0003 today, lol.
GBVS - It's RUNNING on NEWS!!!!! Kaboom!.....
http://biz.yahoo.com/pz/060712/102009.html
GBVS - Todays news - Now in New York! And Look at the RSI and Wms in this chart, can you say OVERSOLD? Recently they raised 1.26 million dollars selling shares at $1 to qualified investors in a private placement, so is it a bargain at .54?
http://stockcharts.com/h-sc/ui?s=GBVS&p=D&yr=0&mn=3&dy=0&id=p17453625457
``Based on the success of the Rudy Revolution(tm) roll-out in Connecticut and the broad consumer appeal of the product, Price Chopper is excited to be able to offer our customers these healthy beverage lines at additional locations,'' said JoAnn LaPorta, community and public relations representative for Price Chopper.
Additionally, RBI and Price Chopper's Golub Foundation will be joining forces to raise money to save the athletic program at Mechanicville High School; a long-standing institution in the Golub Corporation's hometown of Albany, New York.
Daniel ``Rudy'' Ruettiger will be a guest speaker at the event delivering his inspirational message of hope, perseverance, and that ``never give up'' spirit that drove him to success on the Fighting Irish football team -- highlighted in the movie ``RUDY'' -- and throughout his life.
A percent of proceeds from Rudy Beverage products featured and sold at select Price Chopper Supermarkets throughout the region and all of the proceeds from a related raffle, including tickets to an upcoming Notre Dame vs. Stanford game, will go to the school's booster club program in support of athletics.
In addition to Price Chopper Supermarkets, sales and distribution partnerships have been signed with Millbrook Distribution Services, Inc., Tri- Venture Marketing, Inc., Pioneer Food Brokers Inc., Celtic Marketing, Inc., T.B. Allen and Associates, Abbey-Chamberlin, and Club Marketing who primarily serve Wal-Mart and Sam's Club stores.
http://biz.yahoo.com/pz/060712/102009.html
GBVS -``Based on the success of the Rudy Revolution(tm) roll-out in Connecticut and the broad consumer appeal of the product, Price Chopper is excited to be able to offer our customers these healthy beverage lines at additional locations,'' said JoAnn LaPorta, community and public relations representative for Price Chopper.
Additionally, RBI and Price Chopper's Golub Foundation will be joining forces to raise money to save the athletic program at Mechanicville High School; a long-standing institution in the Golub Corporation's hometown of Albany, New York.
Daniel ``Rudy'' Ruettiger will be a guest speaker at the event delivering his inspirational message of hope, perseverance, and that ``never give up'' spirit that drove him to success on the Fighting Irish football team -- highlighted in the movie ``RUDY'' -- and throughout his life.
A percent of proceeds from Rudy Beverage products featured and sold at select Price Chopper Supermarkets throughout the region and all of the proceeds from a related raffle, including tickets to an upcoming Notre Dame vs. Stanford game, will go to the school's booster club program in support of athletics.
In addition to Price Chopper Supermarkets, sales and distribution partnerships have been signed with Millbrook Distribution Services, Inc., Tri- Venture Marketing, Inc., Pioneer Food Brokers Inc., Celtic Marketing, Inc., T.B. Allen and Associates, Abbey-Chamberlin, and Club Marketing who primarily serve Wal-Mart and Sam's Club stores.
GBVS -``Based on the success of the Rudy Revolution(tm) roll-out in Connecticut and the broad consumer appeal of the product, Price Chopper is excited to be able to offer our customers these healthy beverage lines at additional locations,'' said JoAnn LaPorta, community and public relations representative for Price Chopper.
Additionally, RBI and Price Chopper's Golub Foundation will be joining forces to raise money to save the athletic program at Mechanicville High School; a long-standing institution in the Golub Corporation's hometown of Albany, New York.
Daniel ``Rudy'' Ruettiger will be a guest speaker at the event delivering his inspirational message of hope, perseverance, and that ``never give up'' spirit that drove him to success on the Fighting Irish football team -- highlighted in the movie ``RUDY'' -- and throughout his life.
A percent of proceeds from Rudy Beverage products featured and sold at select Price Chopper Supermarkets throughout the region and all of the proceeds from a related raffle, including tickets to an upcoming Notre Dame vs. Stanford game, will go to the school's booster club program in support of athletics.
In addition to Price Chopper Supermarkets, sales and distribution partnerships have been signed with Millbrook Distribution Services, Inc., Tri- Venture Marketing, Inc., Pioneer Food Brokers Inc., Celtic Marketing, Inc., T.B. Allen and Associates, Abbey-Chamberlin, and Club Marketing who primarily serve Wal-Mart and Sam's Club stores.
GBVS - Rudy Beverage - NEWS JUST OUT!!!!!!!
http://biz.yahoo.com/pz/060712/102009.html
Price Chopper Expands Distribution of Rudy Revolution and Enlists Rudy Beverage to Join Them in Support of High School Sports Program
Wednesday July 12, 11:18 am ET
TULSA, Okla., July 12, 2006 (PRIMEZONE) -- Global Beverage Solutions, Inc. (OTC BB:GBVS.OB - News) through its portfolio company, Rudy Beverage, Inc. (``RBI''), is pleased to announce the joint effort partnership of RBI and Price Chopper to support high school sports programs.
ADVERTISEMENT
Price Chopper -- a Golub Corporation company with supermarket locations in New York, Massachusetts, Vermont, Connecticut, Pennsylvania, and New Hampshire has expanded its distribution of Rudy Revolution(tm) into new Northeastern markets. Rudy Revolution(tm), one of RBI's much anticipated line of healthy, low-sugar beverages, will be featured at Price Choppers, with product demos featuring guest appearances by RBI co-founder and University of Notre Dame football legend Daniel ``Rudy'' Ruettiger in stores located throughout New York.
``Based on the success of the Rudy Revolution(tm) roll-out in Connecticut and the broad consumer appeal of the product, Price Chopper is excited to be able to offer our customers these healthy beverage lines at additional locations,'' said JoAnn LaPorta, community and public relations representative for Price Chopper.
Additionally, RBI and Price Chopper's Golub Foundation will be joining forces to raise money to save the athletic program at Mechanicville High School; a long-standing institution in the Golub Corporation's hometown of Albany, New York.
Daniel ``Rudy'' Ruettiger will be a guest speaker at the event delivering his inspirational message of hope, perseverance, and that ``never give up'' spirit that drove him to success on the Fighting Irish football team -- highlighted in the movie ``RUDY'' -- and throughout his life.
A percent of proceeds from Rudy Beverage products featured and sold at select Price Chopper Supermarkets throughout the region and all of the proceeds from a related raffle, including tickets to an upcoming Notre Dame vs. Stanford game, will go to the school's booster club program in support of athletics.
In addition to Price Chopper Supermarkets, sales and distribution partnerships have been signed with Millbrook Distribution Services, Inc., Tri- Venture Marketing, Inc., Pioneer Food Brokers Inc., Celtic Marketing, Inc., T.B. Allen and Associates, Abbey-Chamberlin, and Club Marketing who primarily serve Wal-Mart and Sam's Club stores.
About Global Beverage Solutions, Inc.:
Global Beverage Solutions, Inc. (OTC BB:GBVS.OB - News) invests in a portfolio of companies that primarily engage in manufacturing, distributing, and selling beverages worldwide. Its portfolio companies include EON Beverage Group, Inc. and Rudy Beverages, Inc. For additional information, please visit http://www.globalbeveragesolutions.com and http://www.avcg.net.
Price Chopper Supermarkets:
Based in Schenectady, N.Y., the Golub Corporation owns and operates more than 100 Price Chopper grocery stores in New York, Vermont, Pennsylvania, Massachusetts, Connecticut and New Hampshire. The family-owned company prides itself on long-standing traditions of innovative food merchandising, leadership in community service, and cooperative associate relations. Golub's approximately 24,000 associates collectively own 54% of the company's privately held stock.
WTVN - Volume surging today!
GBVS raised $475,000 dollars at $1 per share recently, that is why I think it is a value play here!
Global Beverage Solutions, Inc. Receives $425,000 in Equity Capital
Friday June 23, 11:10 am ET
Total of $1,266,000 Raised Since March 2006
TULSA, Okla., June 23, 2006 (PRIMEZONE) -- Global Beverage Solutions, Inc. (OTC BB:GBVS.OB - News) announced today that it has received $425,000 in a private placement transaction wherein GBVS sold 425,000 shares of its common stock at a sales price of $1.00 per share. The total equity capital raised by the company at the $1.00 offering price now totals $1,266,000.
``The injection of this last $425,000 is instrumental in our ability to complete the funding Rudy Beverage, Inc. needs to cash flow its operations. Although the roll-out of the Rudy products was delayed, it appears that sales momentum is increasing, and that Rudy's management is confident in its cash flow forecast,'' stated Richard Clark, President of GBVS.
About Global Beverage Solutions, Inc.
Rudy Beverage, Inc. is a majority-owned portfolio company of Global Beverage Solutions, Inc. Global Beverage Solutions, Inc. (OTC BB:GBVS.OB - News) is a business development company governed under the Investment Company Act of 1940 that invests primarily in development stage companies within the beverage industry. As a business development company, Global Beverage Solutions, Inc. provides financial guidance in addition to cash investments in the form of both loans and equity investments in its portfolio companies. Global Beverage Solutions, Inc. reports information which can be found at http://edgar.sec.gov. Additionally, company information can be found on its Web site at http://www.globalbeveragesolutions.com.
GBVS - Hammer bottom today? I know it is early but it is beginning to look like the ole hammer bottom to me.
Remember, they recently sold stock to qualified investors for $1/ per share to launch the products, so this could be a steal!
http://stockcharts.com/h-sc/ui?s=GBVS&p=D&yr=0&mn=3&dy=0&id=p17453625457
GBVS - Rudy Beverage - OVERSOLD RSI and WMS .... link...
http://stockcharts.com/h-sc/ui?s=GBVS&p=D&yr=0&mn=3&dy=0&id=p17453625457
GBVS - Rudy Beverage - bouncing hard here
GBVS - bouncing hard now - .46 - no .48 - no .50 .....
GBVS - Rudy Beverage - Check it now!
WTVN - it's about time for its run!
re-"She has to pay back shareholders approx $24 mil in 5 years".,. You aren't serious, are you? All she has to do is either file Chapter 7 or just disappear, imo. Meanwhile, who do you think SOLD 750,000,000 shares yesterday?
Nowhere has Pearl said she would stop dumping shares on the sheeps she herds to her personal "gold mine".
Now she has taken back 27 billion shares, and replaced them with essentially worthless paper, what is to stop here from unloading 27 billion shares again? Ask yourself that before you become a victim here.
It would take tons of cash to really start up a gold mining operation, where will it come from?
RMDG - chart shows distribution yesterday, what's up with that?
http://stockcharts.com/h-sc/ui?s=RMDG&p=D&yr=0&mn=3&dy=0&id=p34314089610
I decided to flip my shares when the distribution started, GLTA
WTVN - seems to be stirring for a run.
Good morning all.... WTVN - Worldwide TV and marketing to religious groups. Lot of money in religious groups, ask Tammy Faye!
Break the upper bollinger, RMDG is off to the races!...
RMDG - chart and DD - Looking great!
Up 23% Friday on 165 million shares!
First a shareholder letter was issued Thursday and the stock started its move, management confirmed that company is FULLY FUNDED and NO MORE DILUTION now.
Here is the chart and you can see the dilution turn into accumulation in July! Also note the close above 50 and 100 day moving averages! The RSI closed above 50, and the bollingers are tight, breakout through .0018 could mean a move back to .0035!
http://stockcharts.com/h-sc/ui?s=RMDG&p=D&yr=0&mn=3&dy=0&id=p96069554744
Highlights from the shareholder letter include a firm date for the DVD magazine release, a firm release date for Roc-Monee's hip-hop album, and the GOOGLE VIDEO DISTRIBUTION deal, which may be bigger than both of the former milestones, imo...
Dear RMDG Shareholders,
RMDG is currently in transition from a development company to a fully functional corporation bringing various products to market. We have achieved this in a short time frame of about ten months. A remarkable achievement considering we had to first do a massive restructuring of the company and change the business focus from defense contracting to multi media conglomerate with a focus on Hip Hop content. Currently, we are fully funded and have no short-term plans to issue additional stock.
We have built a global enterprise with a world wide marketplace for all of our product lines. It is my sincere belief that we can and will become the number one urban media production and distribution company in the world. My goal for the company is to be recognized as the number one corporation in Hip Hop while helping similar companies to ours succeed and find new and improved ways of giving back to the urban community. I feel we have exceeded my highest expectations to date and are well on our way to achieving our corporate destiny.
Here is a brief introduction to and progress update on our many initiatives.
1. Block Star DVD Magazine
The Company's long-awaited and highly-anticipated DVD magazine project, Block Star DVD Magazine, will be released in Europe at the end of July, 2006. The US release date will follow on August 15th. Our executive team has chosen to initialize distribution efforts on the retailing complex, focusing on such household names as Best Buy Co., Inc., Circuit City Stores, Inc. and Wal-Mart Stores as opposed to utilizing RMD's existing relationships with nearly 60 global digital distributors. U.S. Distribution will be handled along side longtime distribution pioneers, Bungalo Records and Universal Music Group, a subsidiary of Vivendi Universal and Video Distribution, while The Pickwick Group Ltd. of London will handle retail placement abroad. Beyond instant 'off the shelf' profitability, RMD executives are working with the creative forces behind The Block Star DVD Magazine to explore non-traditional ways for a project this unique to reach the ideal consumer - like making it available on Sony's PSP(TM) gaming and media platform or as a bonus feature accompanying other RMD products. On the more traditional side, RMD executives are quick to point out the extremely profitable advertising that can be earned from the broadcast of the product on all formats.
2. Roc Monee
Our rising star Roc Monee recently delivered with his performance at Zanzibar in Washington DC; he was also showing his overall ability to generate revenue for RMD. In spite of the intimate venue, Roc Monee's live performance was able to generate over $25,000.00 in net revenue for the RMD Entertainment family.
The intended purpose for the evening was for Roc to tape his first of many appearances on the Real Hip Hop Network (RHN); however, his performance obviously had a significant impact on the live crowd at Zanzibar as well by turning the evening into an unforgettable live event. We are heavily promoting him at the national radio level - preparing his fans for an amazing album. Roc Monee is loved by his fans and the media - we expect huge numbers from him.
His single "Overdrive" will be serviced to all major hip-hop radio stations around the country with a heavy emphasis on traditional terrestrial giants like Clear Channel and satellite pioneers like Sirius Radio and XM Radio. A promotional campaign like this is used to create demand for Roc Monee's album by large retail outlets like Target and Best Buy. Bungalo Records (exclusively distributed by Universal Music and Video Distribution) will service the U.S. retailers directly on behalf of RMD. The precise in-store date for the album's release is determined with the retail outlets' input based on predicted sales - it is expected to hit shelves in the U.S. on August 22nd and in Europe on August 29th. RMDG will also release the album in digital and ringtone formats through their 60 digital distributor list including familiar names such as iTunes, Sony Connect, Jamster, and more. RMD Entertainment has Roc Monee under contract for three albums.
6. RHN (Real Hip Hop Network)
Not too long ago, RMD entered into a strategic partnership with the Real Hip Hop Network (http://www.rhn.tv), arguably the largest multimedia hip-hop content resource in existence with over fifteen thousand (15,000) hours of original programming in the can. According to the parameters of the agreement, RMD will have complete discretion with respect to the global distribution of all RHN content and are entitled to 50% of any revenue generated as a result of RMD involvement. By utilizing our longtime relationships with Bungalo Records (exclusively distributed by Universal Music & Video Distribution), The Pickwick Group Ltd. and over sixty digital music distributors, RMD Entertainment will instantly convert content to capital through both traditional and alternative distribution channels.
The Real Hip Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop. By the end of 2006, RHN will reach over 17 million homes nationwide via cable and satellite, which gives this deal with RMD that much more impact. Not only will RMD now have a massive cross-section of their ideal demographic to introduce their artists, products and alternative content distribution to, but they will also be able to capitalize on the staggering advertising possibilities that come with that level of market penetration.
Along with our other RHN projects, we will co-produce five of the biggest hip-hop concerts to hit the stage this year. While details are still being ironed out with respect to performers and venue dates, hip-hop legends LL Cool J and Jadakiss were the first two headliners to announce their participation in the RMD/RHN production. RMD's own Roc Monee recently performed in Washington DC with LL Cool J...the show was taped for later broadcast on RHN; however, the crowd was blown away by Roc's performance and showed their support at the door.
Beyond that, we recently announced our deal with the Real Hip Hop Network to be a primary content provider for the highly anticipated MoTV platform by co-developing a mobile network devoted strictly to RHN programming. The Real Hip Hop Network will be the primary provider of applicable hip-hop content for MoTV over the next five years and the two companies will equally split all revenue generated as a result of the new mobile network. Tentatively called "MoRHN", this new network can utilize the proprietary MoTV technology to bypass traditional cable barriers and deliver RHN programming directly to the consumer via any IP (Internet Protocol) enabled mobile device. To compliment this effort we recently entered into a joint venture with RHN for satellite transmission.
Our ad agency remains excited about the prospects of selling ad space on the content of the network in all broadcast formats in all world territories. Ad sales are expected to begin this month (July).
7. Google.
We recently signed an agreement with Clayton Entertainment (http://www.claytonentertainment.com), which enables them to feature our entire content library on Google Video. This step marks a profound evolutionary step for RMD and our original video distribution model. According to the deal, Google Video will now be the premier distribution platform for all RMD multimedia content including, but not limited to, artist videos, live concert events and the bulk of the 15,000 hours of urban media programming acquired from their recent deal with the Real Hip Hop Network (RHN). Through our relationship with Clayton Entertainment, RMD will now be able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities. As I addressed the earlier projects in our current cache I did not hit upon the fact that this deal may be the most powerful revenue driver in our corporate toolbox. The reason is simple, numbers. Each day, over 350 million people visit Google. If only 1% of the visitors viewed or downloaded RMDG content that would be over 3.5 million viewers a day. In the scenarios of selling our product or enticing advertisers to spend on placement within our content, a powerful and convincing argument can be made, thus creating a virtually limitless opportunity for earnings. We have placed a limited amount of content on Google Video and some of the RHN programming quickly shot to a top ten position on Google's Most Wanted. I have a major meeting with Clayton Entertainment Thursday in Manhattan to discuss the layout of content on the Google site as well as commerce parameters and promotional opportunities. I feel confident we should have a substantial amount of commerce up by the end of this month leading to almost immediate earnings from this platform.
http://biz.yahoo.com/bw/060706/20060706005502.html?.v=1
RMDG - chart and DD - Looking great!
Up 23% Friday on 165 million shares!
First a shareholder letter was issued Thursday and the stock started its move, management confirmed that company is FULLY FUNDED and NO MORE DILUTION now.
Here is the chart and you can see the dilution turn into accumulation in July! Also note the close above 50 and 100 day moving averages! The RSI closed above 50, and the bollingers are tight, breakout through .0018 could mean a move back to .0035!
http://stockcharts.com/h-sc/ui?s=RMDG&p=D&yr=0&mn=3&dy=0&id=p96069554744
Highlights from the shareholder letter include a firm date for the DVD magazine release, a firm release date for Roc-Monee's hip-hop album, and the GOOGLE VIDEO DISTRIBUTION deal, which may be bigger than both of the former milestones, imo...
Dear RMDG Shareholders,
RMDG is currently in transition from a development company to a fully functional corporation bringing various products to market. We have achieved this in a short time frame of about ten months. A remarkable achievement considering we had to first do a massive restructuring of the company and change the business focus from defense contracting to multi media conglomerate with a focus on Hip Hop content. Currently, we are fully funded and have no short-term plans to issue additional stock.
We have built a global enterprise with a world wide marketplace for all of our product lines. It is my sincere belief that we can and will become the number one urban media production and distribution company in the world. My goal for the company is to be recognized as the number one corporation in Hip Hop while helping similar companies to ours succeed and find new and improved ways of giving back to the urban community. I feel we have exceeded my highest expectations to date and are well on our way to achieving our corporate destiny.
Here is a brief introduction to and progress update on our many initiatives.
1. Block Star DVD Magazine
The Company's long-awaited and highly-anticipated DVD magazine project, Block Star DVD Magazine, will be released in Europe at the end of July, 2006. The US release date will follow on August 15th. Our executive team has chosen to initialize distribution efforts on the retailing complex, focusing on such household names as Best Buy Co., Inc., Circuit City Stores, Inc. and Wal-Mart Stores as opposed to utilizing RMD's existing relationships with nearly 60 global digital distributors. U.S. Distribution will be handled along side longtime distribution pioneers, Bungalo Records and Universal Music Group, a subsidiary of Vivendi Universal and Video Distribution, while The Pickwick Group Ltd. of London will handle retail placement abroad. Beyond instant 'off the shelf' profitability, RMD executives are working with the creative forces behind The Block Star DVD Magazine to explore non-traditional ways for a project this unique to reach the ideal consumer - like making it available on Sony's PSP(TM) gaming and media platform or as a bonus feature accompanying other RMD products. On the more traditional side, RMD executives are quick to point out the extremely profitable advertising that can be earned from the broadcast of the product on all formats.
2. Roc Monee
Our rising star Roc Monee recently delivered with his performance at Zanzibar in Washington DC; he was also showing his overall ability to generate revenue for RMD. In spite of the intimate venue, Roc Monee's live performance was able to generate over $25,000.00 in net revenue for the RMD Entertainment family.
The intended purpose for the evening was for Roc to tape his first of many appearances on the Real Hip Hop Network (RHN); however, his performance obviously had a significant impact on the live crowd at Zanzibar as well by turning the evening into an unforgettable live event. We are heavily promoting him at the national radio level - preparing his fans for an amazing album. Roc Monee is loved by his fans and the media - we expect huge numbers from him.
His single "Overdrive" will be serviced to all major hip-hop radio stations around the country with a heavy emphasis on traditional terrestrial giants like Clear Channel and satellite pioneers like Sirius Radio and XM Radio. A promotional campaign like this is used to create demand for Roc Monee's album by large retail outlets like Target and Best Buy. Bungalo Records (exclusively distributed by Universal Music and Video Distribution) will service the U.S. retailers directly on behalf of RMD. The precise in-store date for the album's release is determined with the retail outlets' input based on predicted sales - it is expected to hit shelves in the U.S. on August 22nd and in Europe on August 29th. RMDG will also release the album in digital and ringtone formats through their 60 digital distributor list including familiar names such as iTunes, Sony Connect, Jamster, and more. RMD Entertainment has Roc Monee under contract for three albums.
6. RHN (Real Hip Hop Network)
Not too long ago, RMD entered into a strategic partnership with the Real Hip Hop Network (http://www.rhn.tv), arguably the largest multimedia hip-hop content resource in existence with over fifteen thousand (15,000) hours of original programming in the can. According to the parameters of the agreement, RMD will have complete discretion with respect to the global distribution of all RHN content and are entitled to 50% of any revenue generated as a result of RMD involvement. By utilizing our longtime relationships with Bungalo Records (exclusively distributed by Universal Music & Video Distribution), The Pickwick Group Ltd. and over sixty digital music distributors, RMD Entertainment will instantly convert content to capital through both traditional and alternative distribution channels.
The Real Hip Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop. By the end of 2006, RHN will reach over 17 million homes nationwide via cable and satellite, which gives this deal with RMD that much more impact. Not only will RMD now have a massive cross-section of their ideal demographic to introduce their artists, products and alternative content distribution to, but they will also be able to capitalize on the staggering advertising possibilities that come with that level of market penetration.
Along with our other RHN projects, we will co-produce five of the biggest hip-hop concerts to hit the stage this year. While details are still being ironed out with respect to performers and venue dates, hip-hop legends LL Cool J and Jadakiss were the first two headliners to announce their participation in the RMD/RHN production. RMD's own Roc Monee recently performed in Washington DC with LL Cool J...the show was taped for later broadcast on RHN; however, the crowd was blown away by Roc's performance and showed their support at the door.
Beyond that, we recently announced our deal with the Real Hip Hop Network to be a primary content provider for the highly anticipated MoTV platform by co-developing a mobile network devoted strictly to RHN programming. The Real Hip Hop Network will be the primary provider of applicable hip-hop content for MoTV over the next five years and the two companies will equally split all revenue generated as a result of the new mobile network. Tentatively called "MoRHN", this new network can utilize the proprietary MoTV technology to bypass traditional cable barriers and deliver RHN programming directly to the consumer via any IP (Internet Protocol) enabled mobile device. To compliment this effort we recently entered into a joint venture with RHN for satellite transmission.
Our ad agency remains excited about the prospects of selling ad space on the content of the network in all broadcast formats in all world territories. Ad sales are expected to begin this month (July).
7. Google.
We recently signed an agreement with Clayton Entertainment (http://www.claytonentertainment.com), which enables them to feature our entire content library on Google Video. This step marks a profound evolutionary step for RMD and our original video distribution model. According to the deal, Google Video will now be the premier distribution platform for all RMD multimedia content including, but not limited to, artist videos, live concert events and the bulk of the 15,000 hours of urban media programming acquired from their recent deal with the Real Hip Hop Network (RHN). Through our relationship with Clayton Entertainment, RMD will now be able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities. As I addressed the earlier projects in our current cache I did not hit upon the fact that this deal may be the most powerful revenue driver in our corporate toolbox. The reason is simple, numbers. Each day, over 350 million people visit Google. If only 1% of the visitors viewed or downloaded RMDG content that would be over 3.5 million viewers a day. In the scenarios of selling our product or enticing advertisers to spend on placement within our content, a powerful and convincing argument can be made, thus creating a virtually limitless opportunity for earnings. We have placed a limited amount of content on Google Video and some of the RHN programming quickly shot to a top ten position on Google's Most Wanted. I have a major meeting with Clayton Entertainment Thursday in Manhattan to discuss the layout of content on the Google site as well as commerce parameters and promotional opportunities. I feel confident we should have a substantial amount of commerce up by the end of this month leading to almost immediate earnings from this platform.
http://biz.yahoo.com/bw/060706/20060706005502.html?.v=1
RMDG - it's at HIGH of DAY! Gonna go mid-day like Friday
morning shakerzzz - RMDG is going today - R U in?
Actually - RMDG is most likely to run off the bottom this week, imo.
Unlike AMRE, XKEM, BKMP, CHDT, etc. it has just began to run, use this link to check the charts.
http://www.investorshub.com/boards/board.asp?board_id=4720
Some noteworthy points about RMDG chart...
http://stockcharts.com/h-sc/ui?s=RMDG&p=D&yr=0&mn=3&dy=0&id=p96069554744
Closed above both 50 and 100 day moving averages, RSI closed above 50, Upper bollinger held on Friday, but as soon at .0018 is broken..... back to .0035?
And.... right on schedule, look at the accumulation now that dilution is halted!
It appears up is the only way this one will go for awhile!
GLTA
RMDG - the #1 stock on this pick site tonight! ....
http://www.thehotpennystocks.com/
RULiquid - RMDG - is there more to come? Nice call on that one Friday!
RMDG - FULLY FUNDED and NO MORE DILUTION - Yep, that's what Thursday's shareholder letter says! The stock surely is responding to this news!
RMDG - up 23% Friday, some DD for you.
Up 23% Friday on 165 million shares!
First a shareholder letter was issued Thursday and the stock started its move, management confirmed that company is FULLY FUNDED and NO MORE DILUTION now.
Here is the chart and you can see the dilution turn into accumulation in July! Also note the close above 50 and 100 day moving averages! The RSI closed above 50, and the bollingers are tight, breakout through .0018 could mean a move back to .0035!
Highlights from the shareholder letter include a firm date for the DVD magazine release, a firm release date for Roc-Monee's hip-hop album, and the GOOGLE VIDEO DISTRIBUTION deal, which may be bigger than both of the former milestones, imo...
Dear RMDG Shareholders,
RMDG is currently in transition from a development company to a fully functional corporation bringing various products to market. We have achieved this in a short time frame of about ten months. A remarkable achievement considering we had to first do a massive restructuring of the company and change the business focus from defense contracting to multi media conglomerate with a focus on Hip Hop content. Currently, we are fully funded and have no short-term plans to issue additional stock.
We have built a global enterprise with a world wide marketplace for all of our product lines. It is my sincere belief that we can and will become the number one urban media production and distribution company in the world. My goal for the company is to be recognized as the number one corporation in Hip Hop while helping similar companies to ours succeed and find new and improved ways of giving back to the urban community. I feel we have exceeded my highest expectations to date and are well on our way to achieving our corporate destiny.
Here is a brief introduction to and progress update on our many initiatives.
1. Block Star DVD Magazine
The Company's long-awaited and highly-anticipated DVD magazine project, Block Star DVD Magazine, will be released in Europe at the end of July, 2006. The US release date will follow on August 15th. Our executive team has chosen to initialize distribution efforts on the retailing complex, focusing on such household names as Best Buy Co., Inc., Circuit City Stores, Inc. and Wal-Mart Stores as opposed to utilizing RMD's existing relationships with nearly 60 global digital distributors. U.S. Distribution will be handled along side longtime distribution pioneers, Bungalo Records and Universal Music Group, a subsidiary of Vivendi Universal and Video Distribution, while The Pickwick Group Ltd. of London will handle retail placement abroad. Beyond instant 'off the shelf' profitability, RMD executives are working with the creative forces behind The Block Star DVD Magazine to explore non-traditional ways for a project this unique to reach the ideal consumer - like making it available on Sony's PSP(TM) gaming and media platform or as a bonus feature accompanying other RMD products. On the more traditional side, RMD executives are quick to point out the extremely profitable advertising that can be earned from the broadcast of the product on all formats.
2. Roc Monee
Our rising star Roc Monee recently delivered with his performance at Zanzibar in Washington DC; he was also showing his overall ability to generate revenue for RMD. In spite of the intimate venue, Roc Monee's live performance was able to generate over $25,000.00 in net revenue for the RMD Entertainment family.
The intended purpose for the evening was for Roc to tape his first of many appearances on the Real Hip Hop Network (RHN); however, his performance obviously had a significant impact on the live crowd at Zanzibar as well by turning the evening into an unforgettable live event. We are heavily promoting him at the national radio level - preparing his fans for an amazing album. Roc Monee is loved by his fans and the media - we expect huge numbers from him.
His single "Overdrive" will be serviced to all major hip-hop radio stations around the country with a heavy emphasis on traditional terrestrial giants like Clear Channel and satellite pioneers like Sirius Radio and XM Radio. A promotional campaign like this is used to create demand for Roc Monee's album by large retail outlets like Target and Best Buy. Bungalo Records (exclusively distributed by Universal Music and Video Distribution) will service the U.S. retailers directly on behalf of RMD. The precise in-store date for the album's release is determined with the retail outlets' input based on predicted sales - it is expected to hit shelves in the U.S. on August 22nd and in Europe on August 29th. RMDG will also release the album in digital and ringtone formats through their 60 digital distributor list including familiar names such as iTunes, Sony Connect, Jamster, and more. RMD Entertainment has Roc Monee under contract for three albums.
6. RHN (Real Hip Hop Network)
Not too long ago, RMD entered into a strategic partnership with the Real Hip Hop Network (http://www.rhn.tv), arguably the largest multimedia hip-hop content resource in existence with over fifteen thousand (15,000) hours of original programming in the can. According to the parameters of the agreement, RMD will have complete discretion with respect to the global distribution of all RHN content and are entitled to 50% of any revenue generated as a result of RMD involvement. By utilizing our longtime relationships with Bungalo Records (exclusively distributed by Universal Music & Video Distribution), The Pickwick Group Ltd. and over sixty digital music distributors, RMD Entertainment will instantly convert content to capital through both traditional and alternative distribution channels.
The Real Hip Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop. By the end of 2006, RHN will reach over 17 million homes nationwide via cable and satellite, which gives this deal with RMD that much more impact. Not only will RMD now have a massive cross-section of their ideal demographic to introduce their artists, products and alternative content distribution to, but they will also be able to capitalize on the staggering advertising possibilities that come with that level of market penetration.
Along with our other RHN projects, we will co-produce five of the biggest hip-hop concerts to hit the stage this year. While details are still being ironed out with respect to performers and venue dates, hip-hop legends LL Cool J and Jadakiss were the first two headliners to announce their participation in the RMD/RHN production. RMD's own Roc Monee recently performed in Washington DC with LL Cool J...the show was taped for later broadcast on RHN; however, the crowd was blown away by Roc's performance and showed their support at the door.
Beyond that, we recently announced our deal with the Real Hip Hop Network to be a primary content provider for the highly anticipated MoTV platform by co-developing a mobile network devoted strictly to RHN programming. The Real Hip Hop Network will be the primary provider of applicable hip-hop content for MoTV over the next five years and the two companies will equally split all revenue generated as a result of the new mobile network. Tentatively called "MoRHN", this new network can utilize the proprietary MoTV technology to bypass traditional cable barriers and deliver RHN programming directly to the consumer via any IP (Internet Protocol) enabled mobile device. To compliment this effort we recently entered into a joint venture with RHN for satellite transmission.
Our ad agency remains excited about the prospects of selling ad space on the content of the network in all broadcast formats in all world territories. Ad sales are expected to begin this month (July).
7. Google.
We recently signed an agreement with Clayton Entertainment (http://www.claytonentertainment.com), which enables them to feature our entire content library on Google Video. This step marks a profound evolutionary step for RMD and our original video distribution model. According to the deal, Google Video will now be the premier distribution platform for all RMD multimedia content including, but not limited to, artist videos, live concert events and the bulk of the 15,000 hours of urban media programming acquired from their recent deal with the Real Hip Hop Network (RHN). Through our relationship with Clayton Entertainment, RMD will now be able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities. As I addressed the earlier projects in our current cache I did not hit upon the fact that this deal may be the most powerful revenue driver in our corporate toolbox. The reason is simple, numbers. Each day, over 350 million people visit Google. If only 1% of the visitors viewed or downloaded RMDG content that would be over 3.5 million viewers a day. In the scenarios of selling our product or enticing advertisers to spend on placement within our content, a powerful and convincing argument can be made, thus creating a virtually limitless opportunity for earnings. We have placed a limited amount of content on Google Video and some of the RHN programming quickly shot to a top ten position on Google's Most Wanted. I have a major meeting with Clayton Entertainment Thursday in Manhattan to discuss the layout of content on the Google site as well as commerce parameters and promotional opportunities. I feel confident we should have a substantial amount of commerce up by the end of this month leading to almost immediate earnings from this platform.
http://biz.yahoo.com/bw/060706/20060706005502.html?.v=1
RMDG - "Currently, we are fully funded and have no short-term plans to issue additional stock."
That's what investors wanted to hear, now all the recent NEWS that is highlighted in this SHAREHOLDER UPDATE will cause huge rally in the stock.
http://biz.yahoo.com/bw/060706/20060706005502.html?.v=1