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Thursday, June 26, 2008 9:22:29 AM
Sources close to Dre have relayed some rather intense information. Dre wants no less than10 million shares and in order to do so without the price skyrocketing, and without the company having to issue more shares, the company had to get involved in another way. They retained DME Capital who has a proven track record of accumulating very large positions in stocks while trying to go undetected for very large shareholders. He wanted them at less than 40 cents if possible. When news surfaced of what he was up to, the stock took off from 20 cents to 60 cents very quickly. DMEC initiated a program of buying and selling stock to themselves to keep the price of the stock depressed for as long as possible to gather those shares for him and their other "privileged clients."
As if that wasn't enough, the company will expand on the Dre offerings with an immediate follow up from other named U/I artists. Right now they are working with 50 Cent, Eminem, Fergie, Gwen Stefani, Busta Rhymes, Snoop Dogg, Mariah Carey, and Sheryl Crow. They have even gotten the creme de la creme in a deal with Playboy Enterprises for an alcohol and energy drink offering. This too has NOT been offered in a press release yet. Just waiting for the attorneys to do their thing. No inside information on any of this. Just intense due diligence from a number of people in the business. Management is willing to tell their story in interviews and just answering questions that are asked of them. The last press release was in April by design to draw interest away from the company and allow the intense accumulation phase to be completed. At any time, as early as Monday June 16, the company will begin a press release campaign of every one of these things that should continue right out over the next two years at a minimum.
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