Wednesday, December 16, 2009 11:56:57 AM
BEIJING, Dec. 16 /PRNewswire-FirstCall/ - www.rmdmgroup.com (RMDM) announced today that is has adopted multiple corporate governance policies.
The issuer has adopted policies that will, among other things, set up an audit committee, compensation committee, whistleblower protection, codes of ethics and prohibit insider trading. These policies will soon be posted on the Company's website and Pink Sheets for all stakeholders to see.
"We are continually upgrading our Company to increase share holder value," said Wynn Wang, President. "It is particularly gratifying to take these actions to guard the integrity of our Company and protect our shareholders. Along with our "No Recapitalization and No Dilution Policy" we trust that investors will find themselves comforted to know that we out their interests first."
Corporate governance policies are generally aimed at affecting the way a corporation is controlled in order to insure accountability and fairness to all stakeholders.
RMD Entertainment Group focuses on the Leisure Industry. RMD Entertainment Group operates Innotrek Technology Co in China (www.innotrek.com) and the United Liquor Alliance ((www.united-liquor.com) In USA. Beijing based Innotrek Technology Co. specializes in research and development of broadband technology, and its 'INet Broadband System' focuses on the Hotel Industry installations. The Innotrek products meet international standards and ISO 9000 requirements. United Liquor Alliance (ULA) and has a secret 'HyperAging' process that can create unique blends of traditional liquors in fractional times.
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