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Re: Big J post# 5881

Tuesday, 10/17/2006 8:50:34 AM

Tuesday, October 17, 2006 8:50:34 AM

Post# of 46562
here's the NOBO....


PHILADELPHIA, PA, Oct 17, 2006 (MARKET WIRE via COMTEX) -- RMD Entertainment
Group (PINKSHEETS: RMDG) has requested a NOBO (Non-Objecting Beneficial Owner)
report to safeguard and measure any short position that may be in the companies
stock currently.

The process is underway now. The report will provide information about how many
RMDG shares are outstanding and the number of holders of the company's shares.
RMDG expects to receive the report during the week of October 23 and will
release any pertinent data at that time.

Giorgio Costonis, CEO of RMDG said, "We have come so far this past year as a
company and continue to make significant progress in all the endeavors we have
engaged in to create substantial earning and expansion opportunities for the
company. We will not let dishonesty threaten our progress or position. We are
steadfast in our commitment to protect each one of our shareholders' investments
in RMDG to the best of our ability. I will not tolerate any shorting of the
company in any way, shape, or form and will do all I can to prevent it." He
continued, "After speaking with management and looking at the current price per
share in the market, we decided to take this initiative to safeguard against any
possible shorting and take a good look at exactly where the stock stands. As we
work to shift our stock from a non-reporting Pink Sheet company through all the
steps required to get to the Bulletin Board Exchange, this is one more step in
that process."

In product news, management announced that Roc Monee continued to build up
momentum in both radio and retail as the company prepared to make a major push
of the artist with the release of his video to RHN, VH1, MTV, and Fuse next
week.

About RMD Entertainment Group

RMD Entertainment (RMD) is a cutting-edge entertainment company that is
primarily focused on the development and international marketing of 'hip-hop'
music, including compact discs, digital downloads, and personal 'ring tones' for
mobile phone customers, as well as other 'hip-hop' lifestyle products. The
Company has also created MOTV, the ability to stream video content to mobile
devices, including cell phones and PDA's. The Company currently possesses an
impressive hip-hop catalogue, which it distributes exclusively through Bungalo
Records and Universal Music Group (a subsidiary of Vivendi Universal) in North
America and in Europe through the Pickwick Group Ltd. of London.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act
of 1995. Those statements include statements regarding the intent, belief or
current expectations of RMD Entertainment Group, Inc, and members of its
management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, and
that actual results may differ materially from those contemplated by such
forward-looking statements. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions, the occurrence
of unanticipated events or changes to future operating results.





Contact:

Jed Wallace

Publicist

Phone: (310) 234-3200

mail to:jwallace@mphpr.com



Giorgio Costonis

CEO

RMD Entertainment Group

Phone: (215) 627-3300

mailto:gc@rmd-entertainment.com





SOURCE: RMD Entertainment Group
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