RMDM Completes Divestiture of United Liquor Alliance

TAMPA BAY, FL, April 8 /PRNewswire-FirstCall/ - RMD Entertainment Group's (http://rmdmgroup.com/) is pleased to announce that the company has completed its divestiture of United Liquor Alliance with Cooper & Porter, Inc.

The intention of this split off was first brought to RMDM followers attention via its IR web site announcement and Pink Sheets filing on or about Feb 25th. See direct link http://minamarmarketinggroup.helpserve.com/index.php?_m=downloads&_a=viewdownload&downloaditemid=244

The divestiture provides that RMDM receives stock in the company purchasing ULA. RMDM will receive 5% of ULA's new parent company, Cooper & Porter, Inc. Cooper & Porter plans to register its shares and conduct a $10,000,000 raise through an IPO on OTCBB tentatively scheduled for September. Cooper & Porter has many plans in the next few years and needs to ensure it has the assets and capital to execute its objectives.

RMDM and United Liquor Alliance, in an effort to strengthen shareholder value and assist in ULA's need for expansion, have agreed to a mutually beneficial divestiture arrangement. The need for growth capital puts United Liquor Alliance in a unique situation to branch out on its own. "We are thrilled at the overall value equation ULA has brought to RMDM and RMDM to ULA," said RMDM CEO Wynn Wang. "ULA leaves RMDM share price and value up over 600% from where we started." As Innotrek is a technology-based company, it makes sense for RMDM to find a more strategic partner to solidify and parlay growth achievements in similar areas of interest.

Shane Cooper, President of Cooper & Porter said, "Although paying a 600% premium is more than adequate compensation for any company in less than a year we want to ensure RMDM shareholders that they will continue on with the ULA vision, and reap the rewards thereof. I strongly believe the best investment is to buy into a company with a good business plan and good people before a period of explosive growth. We are excited about the steps unfolding to make that happen and more than happy that our existing RMDM shareholders will be a part of ULA as an OTCBB listed company."

Wynn Wang concluded, "RMDM will now own shares in two expanding public companies (TiDi Gaming and Cooper & Porter). Shareholder value is very important to any company. We need not remind our followers that less than 18 months ago RMDM was deemed a distressed company, with all assets in peril, written down or written off. Today we are a small and a vibrant IT company on a cusp of a merger with a much larger IT company. We have very little debt, several million dollars in assets, and we have now started focusing our efforts on a share buyback program we recently announced. The progress of our share buyback and results will shortly be announced. RMDM board has already indicated that it intends to distribute a good portion of the divestitures and assets to its broad shareholder base. Details will be made available on a timely basis.

RMDM CEO Wynn Wang, the staff and management of RMDM cordially invite all of our shareholders and followers to attend the company shareholder Expo in Toronto April 9th at the Marriott Airport hotel and hope to see everyone there.

The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates.

For any matters relating to retail investor queries or to send the company or its IR a message please click on the "INVESTOR SUPPORT" TAB, or the direct link http://www.minamargroup.net/helpdesk.

Don't be a victim. Report a stock basher. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and the remedies available to you as an individual investor.

Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk, Investor Relations Department Inquiry, www.minamargroup.net (IR), For (M&A) and Corporate Matters, www.minamargroup.com

SOURCE RMD Entertainment Group