Published:
RMDG CEO to Deliver Special Shareholder Letter Tomorrow to Help Shareholders Better Understand Revenue Streams and Corporate Business Cycles
Will Also Address "Significant Progress" of Company to Date
RMD Entertainment Group (OTC: RMDG)
announced today that a special shareholders letter will be released
tomorrow in an effort to better communicate RMDG's business platform to
existing and future shareholders.
CEO Giorgio C Costonis stated, "We are beginning the transformation from a
development stage company into a fully functioning corporation that is
bringing several of our products to market on a global scale, management
believed we had to clarify just how RMDG and its subsidiaries earn revenues
so that our shareholders can continue to make sound, informed decisions
regarding their current and future investment in our company. I have had
the sincere pleasure of speaking with shareholders on several occasions and
almost every participant wanted clarification on how revenue was earned and
what the relationship between all of the companies in our umbrella is and
how they compliment each other. I am confident that after reading my
special shareholder letter tomorrow people will have a sound understanding
of RMDG and the significant progress we have made as a company."
About RMD Entertainment Group.
RMD Entertainment (RMD) is a cutting-edge entertainment company with a
primary focus on selling hip-hop music internationally. Additionally, the
company markets other Hip Hop lifestyle products to its music audience. RMD
has a vast worldwide distribution network for its music to be sold to the
end consumer in compact disc formats, digital downloads, and personal ring
tones for mobile customers. RMD's hip-hop catalogue is exclusively
distributed by Bungalo Records in North America, which is exclusively
distributed by Universal Music Group -- while European distribution is
handled entirely by the Pickwick Group of London, England.
RMD is a company with well over 60 years combined experience in the music
industry. Its staff producers have collaborated with some of the most
influential names in the music scene today, such as Sting, David Byrne of
the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory,
Steve Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among
others.
About Sciax Technology
Sciax Technology is an emerging company in defense imaging systems for law
enforcement and military personnel engaged in counter-terrorism and other
special security operations. Sciax America Inc. and Sciax Technology Inc.
are wholly owned subsidiaries of RMD Entertainment Group
(www.rmd-entertainment.com) This release contains forward-looking
statements with respect to the results of operations and businesses of
Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and RMD
Entertainment Group., which involve risks and uncertainties. The company's
actual future results could materially differ from those discussed. Risks
and uncertainties of the company will be detailed from time to time in the
company's periodic reports. The company intends that such statements about
the company's future expectations, including future revenues and
enforcement and defense imaging system earnings, entertainment product
earnings, and all other forward looking statements, be subject to the "safe
harbor" provision of the Private Securities Litigation Reform Act of 1995.
This release contains forward-looking statements with respect to the
results of operations and businesses of Sciax Technology Inc., Sciax
America Inc. RMD Entertainment Inc. and RMD Entertainment Group, which
involve risks and uncertainties. The company's actual future results could
materially differ from those discussed. Risks and uncertainties of the
company will be detailed from time to time in the company's periodic
reports. The company intends that such statements about the company's
future expectations, including future revenues and enforcement and defense
imaging system earnings, entertainment product earnings, and all other
forward looking statements, be subject to the "safe harbor" provision of
the Private Securities Litigation Reform Act of 1995.
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Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Media and Entertainment:MusicandRadio, ,INTHPINK,PA,PHILADELPHIA, PA
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