Replies to post #1773 on Nashville Records, Inc. (NRCD)

[pascal30]

yes i understand

but the way i read it, both Collin's managers announced this in a press conference, so how much more public can information be ? And how difficult could it be for this information to spread to those in the business.

and again, strange nobody noticed this news before.. i only bought in last week for a first position, so i didnt know this either.. i hope for a reasonable explanation.. finally it had seemed to be here a pink sheet stock which seemed to play things in a fair way.. hope this is not the first red flag out there

[lmcat]

Thanks for contacting David.

Think about it guys. The Soldier's Prayer project had to start around January, February at the latest. They have problems and realize they are not going to get the CD in the stores for Memorial Day. BUT they are and will be promoting Collin's CD to raise funds for the Wounded Warrior Fund, thus the May 25th news article. BUT the CD was not available.

Let them promote Collin and get him on the top 10. Just makes him more valuable to Nashville Records if/when he proves he still has what it takes to get there.

"Raye had been in the studio with producers Teddy Gentry and Michael Curtis recording the singer's new CD, Selected Hits. The six-song collection was done at the request of a major retailer, Kragen said, and was supposed to include two new songs and four past hits. But after recording was done, financing fell through." (Too bad they fail to give a date when this recording was done.) So it likely was "Country Roads Records" that he ended his last contract with.

(Note: They fail to mention the "major retailer" as Wal Mart!

http://www.musicworld1000.com/main_sub1.php?rubrik_id=317

Above link is to Music labels and Country Roads Records is not listed. Nashville Records is not listed either because they have not released anything yet.

April 20, 2007 - 10:30 AM EDT
Megastar Collin Raye Commits to Nashville Records(TM) Recording Contract
Nashville Records, Inc. (PINKSHEETS: NSHV) is proud to announce that Collin Raye is the first of three prominent artists to be selected to record on the Nashville Records' label. He will also be featured on the Company's upcoming Christmas album.

Recently, an entirely new management team has been assembled for Collin, headed by Pat Melfi and Ken Kragen. One of the best-known managers in the music business.

April 24, 2007 - 12:45 PM EDT
From Alabama to Nashville: Superstar Producer for Collin Raye
Nashville Records, Inc. (PINKSHEETS: NSHV) is proud to announce that Teddy Gentry, Alabama's long-time band member, has been selected as the producer for country star Collin Raye on the Nashville Records Label(TM).

BUT the Starpoint produced CD was already being recorded or produced by this time with only 6 weeks remaining to meet a Memorial Day goal. Since it takes at least 2 months to get a CD produced and into distribution channels, they are now looking at a June 26th release so they are at least a month behind their goal.

I'm confident that this will be cleared up and Collin Raye will be recording for Nashville as originally PRd.

cat

[53chevy]

I just got off the phone from a long conversation with David, and we have another scheduled for tomorrow, after the market closes. I can confirm that what David told you he also told me. I have provided him with numerous questions that have been raised here by the members of this board, and he has assured me that he will provide to me whatever answers he is able to garner from Gene.

In the meantime, what he did tell me, in response to some of my questions:

1) He was not aware that the information regarding Collin Raye's solo album was no longer available on the NSHV site, nor was he aware of the May 21 article that Arrow brought to this board, until several people from IHUB called him about it. It is one of the questions he will raise with Gene.

2) The mini-CD deal Collin had was already negotiated and in the works before he had signed with NSHV. They are independent events, and not connected. The mini-CD was being originally developed under Collin's own label

3) The company is issuing a PR tomorrow, but it is not related to Collin Raye. He believes the shareholders will enjoy the news being made available this week.

4) The two songs being written for the USS New York ceremonies will feature two separate artists - sounded like the deals have already been signed, but he would not tell me anything more

5) They have signed additional artists, and will release their names "at the appropriate time"

6) They are still working on the terms and arrangements to buy out Munro's shares. He has sold down to the 15.5M block he agreed to move through private placement. He does NOT have access to them for trading. They are in treasury, pending clousre of the private placement deal. All of his other shares he has now disposed of, having sold them off from 15c all the way down to 1.5c - he is using the proceeds from here, and three other plays, to fund another deal he got himself involved in.

7) The company will put out news near-term, updating share structure and restrictions. David did not provide me a date. The company has not sold ANY of its 200M position........

8) They are still working towards their plan to uplist off of .PK by the end of Q4CY07 or Q1CY08, depending on how long it takes to reconstruct the fins and have the auditors approve them. This is a costly process for the company, as they need to reconcile records from three previous companies in order to bring fins current and meet SEC requirements. But NSHV is committed to getting off of pinkyland.......

9) The TriMark deal is coming together faster than expected. He is aware of the company's obligation to provide more details on its implications/benefits to NSHV shareholders, and will talk with Gene about getting another PR out with additional details.

10) In fairness, David obviously has a biasedly favorable attitide towards NSHV; he is in fact one of the larger individual shareholders.

Information I gain from tomorrow's call I will bring to the board as well. FWIW.