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Tuesday, July 13, 2010 4:19:01 PM
BEIJING, China - April 13, 2010 -- RMD Entertainment Group (http://rmdmgroup.com/) further to the company announcement of share reduction the company is proceeding with this announcement and has made provisions for the reduction of up to 400 million shares.
The company plans to continue with the program through a bridge loan until the company exhausts its financing source: ie the sale of TiDi Gaming to British Virgin Island company InterLotto.
The company will shortly post as a filing both TiDi Gaming and United Liquor diversification share certificates which it anticipates from the respective agents shortly.
In other company news, Mr Wynn Wang CEO of RMDM said “Shortly we will be launching our Automotive and Aero divisions and web sites. Innotrck www.innotrek.com has transformed from itself from a hotel ISP provider to a systems IT and software development company. Our shareholders can expect to hear many new and exciting contracts in these two divisions over the next several months. We had a wonderful conference in Toronto and met with many RMDM shareholders, and met many companies both public and private with whom we see great future prospects. One company in the IT sector in particular (as per previous news releases) we continue our discussions with and we will report back promptly.”
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