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RMD Entertainment Group (RMDM) Targets USA Liquor Producer for a Merger PR Newswire    "US Press Releases "
Targeted Merger Company expects to grow their profits up to 20 million over the next 2 years



BEIJING , Oct. 29 /PRNewswire-FirstCall/ - The RMD Entertainment Group (RMDM; http://www.rmdmgroup.com) announces that it initiated talks and considers entering into a business relationship or transaction that will involve a merger with growing US liquor producer.

The RMD Entertainment Group (RMDM) and United Liquor (ULA) www.united-liquor.com and www.sunshine-spirits.com targeted merger company has been seeking an adequate distribution partner for their expansion plans, a partner who would bring their superior products to the wider US public. The present talks between RMD Entertainment Group and the US liquor producer deliver both trust and promise of future cooperation. Both companies review initial documentation and the further updates on the merger process will be published shortly.

The US liquor producer, and RMDM's new partner, holds a secret to a unique liquor distillation procedure. This secret procedure allows distillation of unique spirits with superior flavour at optimal production margins. The company is able to create unique blends of traditional liquors in fractional distillation times. The company keeps the procedure secret to assure the uniqueness of their brand and secure a competitive edge over the mainstream competition.

Good pricing in the retail market also adds to the company's competitive edge and secures its 25% Gross Profit. However, the company's expansion plan predicts profits of 3 million in the first year, 12 million at the 18-month mark and 20 million in the second year of their expansion plan.

The company plans to launch its first new product in the first quarter of 2010.

The RMD Entertainment Group's management feels that this is a material event and that each stage with the new company requires a public announcement.

This merger is based on the targeted merger companies being able to meet and exceed both management and long-term shareholders reasonable expectations. The RMDM management works in concert with its preferred shareholders and its M&A advisors on this merger and develops a complex preferred share exchange arrangement. The result will see RMDM's current (both common and preferred) share structure unchanged and undisturbed after the merger, including its recent non dilution and non recapitalization policy.

The targeted merger candidate would acquire the preferred shares over time and have an option to convert these preferred shares at a significantly higher strike price than what RMDM is currently trading at. The targeted merger candidates hope to benefit from this merger and increase their revenues.

RMD Entertainment Group is a holding company that locates and invests in gaming and vending type businesses. The focus is on the entertainment, travel and leisure Industries. The issuer operates a wide-span North American distribution network.

In other company news, the company will shortly be updating Pink Sheets with balance sheets of its existing operating subsidiaries and the Q3 financials. This should suffice to have the "STOP" icon rank removed from the RMDM quote on Pink Sheets.

More details will follow shortly including an update on TiDi Gaming Division.

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