TAMPA BAY, FL, Jan. 27 /PRNewswire-FirstCall/ - RMD Entertainment Group's (RMDM; http://www.rmdmgroup.com) United Beverage's Youth Water announces Funhunt Promotion definition and any clarifications our followers may have.
When creating a bottled water product the market is saturated at the 16.9 ounce market. The market dictates the main competitive advantage is at a larger size and with a premium water. There are three types of water: purified, spring, and artesian. Artesian is the rarest and most desired. Our water is Artesian. The quality of the water itself is not enough to create a brand. There also has to be the package it's sold. The water also needs a retail outlet to sell to the public.
The purpose of Funhunt was to help define our water appeal, allow the consumer to taste the product, and to create a demand from the retail outlets. We are now concluding the Funhunt and have allowed the consumer to taste the product. We have had retail outlets calling about the product, and are processing the feedback to fine tune the packaging for the product. Funhunt has opened the door for the "Youth" product and we plan to utilize the input of the consumers to fine tune the end result and secure contracts from the interest generated. We also plan to utilize the expertise of our Advisory Board to create the advertising campaign to follow as our product is carried in these retail locations. We expect to finalize the balance of the bridge loan of about $80,000.00 this week to ensure we can adequately advertise and solidify large orders from the retail interest generated.
Regarding the licensing and production update, RMDM will need to order the equipment so the government can come in and give its approval for everything in order to get the license going and manufacturing to commence. This is the next step for the company. Non toxic financing is already being arranged and in the process of coming to a fruition. The company acknowledges different unsolicited offers for the United Liquor division. This may also explain some company critics (named in a slander law suit - judgment) sudden and unexpected appearance on the Internet chat forums vigorously carrying on their assigned tasks. Suffice to say that asset is off limits for the time being. United is on track to meet and exceed all expectations" said a source close to the company.
Important and unrelated filings will be made with Pink Sheets shortly, regarding our China operations.
RMD Entertainment Group focuses on the Leisure Industry. With a wide spanning North American distribution network, RMD Entertainment Group operates Innotrek Technology Inc. (www.innotrek.com) in China and United Liquor Alliance (www.united-liquor.com) in Florida, USA.
To receive future updates via email including quarterly newsletters and company updates which may not be newsworthy however important to the reader and followers of the company please sign up today free at 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