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~GMDP News.... Looking like the scam many called it IMO

GMDP: Rescinds Spin-Off Dividend Pymnt; President Resigns [delayed]
Ridgeland, MS, JUL 16, 2004 (EventX/Knobias.com via COMTEX) --
Global Medical Products Holdings Inc (OTC : GMDP) filed an 8-K on 7/16, in which the Company reported that on 7/14, that it has rescinded the spin-off dividend payment of Sunrise Media Group, Inc. scheduled for July 16th. This was done due to several reasons. The first and foremost being that it has learned that Jay Shapiro had been appointed Chief Executive Officer of Sunrise Media Group. This presented the Company with an extreme conflict of interest in that Mr. Shapiro is the Company's appointed auditor. Second, Sunrise Media Group failed to complete its registration within a timely manner and in correspondence on June 18, 2004 has breached its signed agreement to cross-dividend with Global Medical Products Holdings, Inc.

The Company also indicated that the spin-off dividend in GlobeLink Capital, Inc. which had been scheduled for June 1, 2004 has been cancelled.

Resignation of Directors

On June 16, 2004, Douglas Brown submitted his resignation as President and Acting Chairman of the Board effective that date. Mr. Brown's resignation as a Director was effective on July 1, 2004. Mr. Brown terminated his employment to return to his investor relations business.

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