Dreamfield Holdings Completes Acquisition of Record & Entertainment Production Company RMD Dance Inc.Business Editors JERSEY CITY, N.J.--(BUSINESS WIRE)--Dec. 9, 2003 Today, Dreamfield Holdings Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : DRMH), completed the acquisition of RMD See Required minimum distribution. Dance Inc., a three year old label with a world wide production team, for an undisclosed amount of cash and stock. The acquisition will give Dreamfield 50% ownership of RMD Dance and place them in the multibillion dollar entertainment industry, which is at an all time high. RMD, which has a tremendous European following, hopes to bring their international success to the states. The company is geared to develop distribution agreements with various well known record labels as well as market new talent exclusively under the RMD label. "Projects are coming to us almost daily," stated Giorgio Costonis, RMD president, "We have a lot of exciting things in the works." Mr. Costonis added that in the states, an album that goes GOLD could create the company $4.5 million dollars and PLATINUM an estimated $9 million in gross revenues. About RMD Dance Inc. RMD has experienced great success on the international level with it's dance hits and productions involving a variety of styles by many well known artists. RMD has produced a wide variety of music including Pop, World Music, Hip Hop hip-hop or hip hop n. 1. A popular urban youth culture, closely associated with rap music and with the style and fashions of African-American inner-city residents. 2. Rap music. adj. , Rock, Trance, Breaks, Tribal House Tribal house is a form of electronic dance music derived from house music but being highly drum-centric and often without a core melody. In many tribal house tracks, it is rare to find a core melody or prolonged synth sound, such as those found in techno music and similar , and Underground House Music. Their producers have collaborated with some of the most influential names in the music scene today such as Sting, David Bryne of the Talking Heads
Talking Heads were an American rock band that formed in the early 1970s and was based out of New York City. The group consisted of David Byrne, Chris Frantz, Tina Weymouth and Jerry Harrison. , George Kranz, Freedom Williams Frederick Brandon "Freedom" Williams (born 13 February 1966, in Brooklyn, New York) is a Hip-Hop and Club/Dance performer, who gained fame as the lead vocalist on C+C Music Factory's biggest hits. of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend Bill Evans. RMD Dance Inc, managed by KC Flightt and Giorgio Costonis, will specialize in the production of riveting remixes, and original pieces that will have world appeal. Their goals are to produce the ultimate dance music experience. RMD is known for throwing Dance parties around the world and is quickly being recognized as the "Weapon of Choice to Move the Masses" based on the commitment to push the limits of sound thru talent, creativity and hard work. For more information on RMD Dance Inc's Management and Company Background, please visit http://www.jdmerlin.com/rmd.htm "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . Dreamfield Holdings Inc. takes no obligation to update or correct forward-looking statements. |
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