RMD Entertainment Group (RMDM) Casino Gaming Forward Guidance, (MONA) Dividend
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BEIJING, Oct. 23 /PRNewswire-FirstCall/ - The Company (www.rmdmgroup.com) recently announced a planned acquisition of TiDiGaming of Australia. TiDiGaming holds the rights to about 80 new Asian style casino based table games for introduction into the casino industry. Mr. Garr Winters, Director of Business Development with the company said "Our due diligence process into TiDiGaming continues and so far all systems are a go for a close of this transaction shortly. What peaked our interest and continues to look particularly encouraging is the excellent industry interest, and support in new and different casino table games. Our projected revenues for the first 3 years with TiDi Gaming with such a large suite of games is in excess of 20 million dollars USD from the predominately dice and tile based games." In other corporate developments, the RMD Entertainment Group intends to recapitalize in order to (amongst other things) complete payment due to Mon Arc Corporation (MONA) for the asset purchase of Beijing Innotrek Technology CO., Ltd which will be issued as a 1 time special dividend to MONA shareholders and to fund 2 separate and distinct litigation matters namely to recover between approximately 3.5 to 4.7 billion shares and have them returned to the treasury. A filing of the above recapitalization with a detailed outline can be found by visiting www.pinksheets.com symbol RMDM under the filings tab, or by following this direct link http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=17905 The issuer intends to provide further updates shortly. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition. Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks. CONTACT: www.minamargroup.com/helpdesk SOURCE RMD Entertainment Group Inc. www.minamargroup.com/helpdesk
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