InvestorsHub Logo
Followers 0
Posts 204
Boards Moderated 0
Alias Born 11/22/2008

Re: newbie09 post# 17431

Thursday, 12/10/2009 11:47:31 AM

Thursday, December 10, 2009 11:47:31 AM

Post# of 46577
Innotrek Technology Co. (RMDM) HD Checkpoint Pursuit System Approved By The Public Safety Bureau, in China

BEIJING, Dec. 10 /PRNewswire-FirstCall/ - RMD Entertainment Group's (http://rmdmgroup.com/) China based subsidiary Innotrek Co. (http://www.innotrek.com/) is pleased to report that Innotrek's Yingnuo HD Checkpoint Pursuit System passed all the necessary approval procedures with the Public Safety Bureau, in China.

As previously announced Innotrek has been working on highway safety and surveillance with the local Hubei Government over the past year, and had received very positive response from pubic and the officials.

Wynn Wang, CEO of RMDM said "This is the news and approval we as a company and our shareholders have been waiting for! To say that we are delighted to have received this designation and approval would be an understatement. Simply put, this is a gold mine and a feather in our cap for RMDM as an organization. This elevates RMDM to a whole new level, new status, new rank and a positive bullish outlook. It also opens up many new revenue models and possibilities for RMDM, and our Innotrek Division. For example, we have already commenced and are well under way in seeking government funding for this public project in 2010. We started this application some time ago based on our firm belief and assumptions that we will receive this approval. We are confident that our funding will be forthcoming shortly. Things are moving at break neck speed with us and our entire organization is motivated and looking forward to the bright future. As a company we researched some numbers and valuations and we have been advised that this approval should increase the valuation of our company easily by 5 to 7 million dollars. We will seek independent advice on valuation and report on this to our followers shortly"

RMD Entertainment Group focuses on the Leisure Industry. RMD Entertainment Group operates China based Innotrek Technology Inc. (www.innotrek.com) and the newly acquired United Liquor Alliance (www.united-liquor.com) a Florida USA based company.

To receive future updates, via email including quarterly newsletters and company updates which may not be newsworthy however important to the reader and followers of the company please sign up today free at www.minamargroup.com/updates
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TCRI News