KMA Holding, Inc. (MCDA)

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Press Release Source: Rapid Fitness


Rapid Fitness, Inc. Announces Marckensie Theresias of Reomt, LLC. Elected to Board of Directors
Thursday August 7, 9:00 am ET


FT. LAUDERDALE, FL--(MARKET WIRE)--Aug 7, 2008 -- Rapid Fitness, Inc. (Other OTC:RPDI.PK - News), a publicly traded company currently on the Over the Counter, announced that having signed definitive agreements to acquire Reomt, LLC. and the "Lucky Linda" gold mine claim, Marckensie Theresias of Reomt, LLC. has been elected to the Board of Directors of Rapid Fitness, Inc. Under the agreement, Rapid Fitness has acquired Reomt, LLC. and the 160 acre gold mine in Nevada called and filed as the "Lucky Linda" claim. After closing the deal, the Board of Directors of Rapid Fitness unanimously voted Mr. Theresias to the company's Board of Directors and to the office of Executive Vice President of the company. Mr. Theresias has accepted both appointments and management stated it has begun developing the mining process, including soon-to-be-announced commitments from equipment vendors that will facilitate the initial processing allowed by the State of Nevada during the preliminary permitting process. Allowed by the state, this initial process will entail 900 tons of earth to be processed from the site with estimated revenues to the company of $5,600,000.00 from gold and other precious metals.