ORLANDO, Fla., Dec. 8 /PRNewswire-FirstCall/ -- Raven Moon Entertainment,
Inc. (OTC Bulletin Board: RVMN) announced today that a summary of the
company's recent successes, announcements and activities, as well as comments
from the Chairman and CEO, are available at the Wall Street Corner Web site.
In a letter to shareholders, a copy of which is posted on
http://www.wallstreetcorner.com , Joey DiFrancesco, Chairman and CEO of Raven
Moon, discussed the significance for the company's shareholders of the recent
announcement that WPBT/Channel 2 in Miami, Fla. will be public television's
exclusive presenting station for GINA D'S KIDS CLUB(R). Further, American
Public Television (APT) has offered the series for distribution, with a target
June 2006 release. Mr. DiFrancesco referenced the new additions to the show's
Web site ( http://www.ginadskidsclub.com ), including Christmas merchandise in
the shopping section. Also in the letter, he provided an update on the Gina
D's Reading Across America Program(TM).
Mr. DiFrancesco also commented on the 5-for-1 forward stock split
announced last week and the previously announced 100-for-1 warrant dividend
(record date September 30, 2005): "Shareholders who exercise their warrants to
purchase restricted shares before the exercise deadline of December 31, 2005
will hold a higher number of shares eligible for the 5-for-1 forward split."
Mr. DiFrancesco clarified the company's intentions with regard to the
warrant dividends, forward stock split and proceeds. "From our perspective,
this is a win-win benefit," said Mr. DiFrancesco. "Our shareholders increase
their position with the company when the price is low and the money paid for
those warrants goes directly to the company to complete additional episodes
that will permit us to air the program five days a week. That, in turn, will
accelerate our efforts in two areas -- one is the launching of our aggressive
licensing program and the other is the launching of our aggressive marketing
effort, which will address the major retail chains." Lawrence C. Oakley,
editor of Wall Street Corner, is a Director of Raven Moon Entertainment.
ABOUT GINA D'S KIDS CLUB(R)
GINA D'S KIDS CLUB(R) started airing in September 2004 as a once-a-week
series in 227 selected markets. In November 2005, an exclusive agreement was
signed with public television station WPBT Miami designed to expand the reach
of the program for pre-school and early elementary school-aged children on a
premier pre-school destination like public television.
For more information on Raven Moon Entertainment and Gina D's Kids
Club(R), visit http://www.ravenmoon.net or http://www.ginadskidsclub.com .
Safe Harbor Statement
This release may contain forward-looking statements that involve risks and
uncertainties, including without limitation, acceptance of the company's
products, increased levels of competition, product and technological changes,
the company's dependence upon financing and third-party suppliers, and other
risks detailed from time to time in the company's federal filings, annual
reports, offering memorandum, or prospectus. Specifications are subject to
change without notice. Raven Moon Entertainment assumes no obligation to
update any forward-looking statements.
Contact: Carol Merry
Fahlgren Mortine Investor Relations
SOURCE Raven Moon Entertainment, Inc.