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Press Release Source: Raven Moon Entertainment, Inc.
Raven Moon Entertainment's 100-for-1 Warrant Dividend Expiration Date Draws Near
Monday December 19, 8:31 am ET
Warrants must be exercised and shares purchased prior to December 31, 2005 to qualify for additional shares from the company's 5-for-1 forward split
ORLANDO, Fla., Dec. 19 /PRNewswire-FirstCall/-- Raven Moon Entertainment, Inc. (OTC Bulletin Board: RVMN - News) reminded shareholders who received the company's 100-for-1 warrant dividend that if they choose to exercise the warrants, they must do so by December 31, 2005.
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December 31, 2005 is also the record date for the company's 5-for-1 forward split, with a pay date on January 30, 2006. "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," said Joey DiFrancesco, Chairman and CEO of Raven Moon.
Instructions for exercising warrants
If your account is with a broker and you have not received a physical warrant, have the broker send a letter to Raven Moon Entertainment, 120 International Parkway, Suite 220, Heathrow, FL 32746 verifying the number of shares you owned in your account as of September 30, 2005. Indicate the number of warrants you would like to exercise at $0.0015 per share and enclose a check payable to Raven Moon Entertainment for the number of warrants you are exercising plus a $25 processing fee.
If you have received a physical warrant from the company, fill it out and indicate the number of warrants you wish to exercise at $0.0015 each, sign it and send a check for the number of warrants plus a $25.00 processing fee to Raven Moon Entertainment. Upon receipt, the company will authorize the transfer agent to issue shares to you.
Information on the 5-for-1 Forward Split
The company announced a forward stock split on a 5-for-1 share basis. The record date for the forward split is December 31, 2005. The pay date is January 30, 2006.
As a result of the forward stock split, every one outstanding share of the company's common stock will be exchanged for five (5) new shares of common stock. Common stockholders are not required to take any action related to the forward split.
About Raven Moon Entertainment, Inc.
Raven Moon Entertainment, inc. is involved with the production of family entertainment programs for television, VHS tapes, DVDs, music CDs and related toys. Raven Moon has produced 24 episodes of Gina D's Kids Club®, which started airing in September 2004 and is currently carried on 227 television stations nationwide. In November 2005, the company signed an exclusive agreement with public television station WPBT-Miami) to offer the programs through American Public Television (APT) to public stations across the country for a June 2006 launch.
For more information on Raven Moon Entertainment and Gina D's Kids Club®, visit www.ravenmoon.net or 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
Phone: 614-825-1750
Email: carol.merry@fahlgren.com
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Source: Raven Moon Entertainment, Inc.
