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Issues Updates on RMD Entertainment Group.

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M2 PRESSWIRE-31 May 2006-marketgainer.com: Issues Updates on RMD Entertainment Group(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31052006

Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the Nasdaq exchange has brought RMD Entertainment Group (OTCPK:RMDG) to the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.

Shares increase 25% Wednesday on over 130 million in volume. Momentum comes as RMD Entertainment Group announced that along with Real Hip Hop Network, they will co produce five of the biggest hip-hop concerts to hit the stage this year. While details are still being ironed out with respect to performers and venue dates, hip-hop legends LL Cool J and Jadakiss were the first two headliners to announce their participation in the RMD/RHN production. RMD's own Roc Monee will be performing in all of the events.

According to the deal, RMD will not only get 50% of all revenue generated at the events themselves (ticket sales, merchandising, food & beverage, etc.), but they also will share half of all revenue generated by the sale or distribution of any content that emerges from each performance....