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	<title>proof-funds.com &#187; ShockRoundsTM</title>
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		<title>Funding of ShockRounds(TM) Non-Lethal &#8220;Electric&#8221; Bullets Project Commences</title>
		<link>http://proof-funds.com/funding-of-shockroundstm-non-lethal-electric-bullets-project-commences/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=funding-of-shockroundstm-non-lethal-electric-bullets-project-commences</link>
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		<pubDate>Sat, 18 Jun 2011 07:55:28 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Transactional Funding]]></category>
		<category><![CDATA[Bullets]]></category>
		<category><![CDATA[Commences]]></category>
		<category><![CDATA[Electric]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[NonLethal]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[ShockRoundsTM]]></category>

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		<description><![CDATA[Funding of ShockRounds(TM) Non-Lethal &#8220;Electric&#8221; Bullets Project Commences&#013; &#013; &#013; &#013; &#013; &#013; &#013; &#013; &#013; &#013; &#013; &#013; &#013; DALLAS, TX (PRWEB) April 16, 2004 MDM Group, Inc. (OTCPK: MDDM) advises that following successful completion of initial due diligence as announced by Harrington Group Ltd (ASX: HGR) to the Australian Stock Exchange on April [...]]]></description>
				<content:encoded><![CDATA[<p>Funding of ShockRounds(TM) Non-Lethal &#8220;Electric&#8221; Bullets Project Commences&#013;<br />
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<p class="releaseDateline">DALLAS, TX (PRWEB) April 16, 2004 </p>
<p> MDM Group, Inc. (OTCPK: MDDM) advises that following successful completion of initial due diligence as announced by Harrington Group Ltd (ASX: HGR) to the Australian Stock Exchange on April 6, 2004, funding of the Company&#8217;s ShockRounds(TM) project by Harrington Group has now commenced. </p>
<p>&#013;</p>
<p>As per the conditions of the Agreement entered into between MDM Group and Harrington Group, Harrington Group is now responsible for provision of working capital to the ShockRounds(TM). Until formal closing of the transaction these funds are advanced on a monthly basis to cover basic operational, staffing and consulting costs with the first AUD$  80,000 having been received by MDM Group this week. This arrangement will continue for three months following which Harrington Group is expected to have completed their capital raising and obtained their shareholder approval for the transaction closing. Following this three-month period and the closing of the transaction, the full funding phase of the ShockRounds(TM) project will be implemented.</p>
<p>&#013;</p>
<p>ShockRounds(TM) are a potential breakthrough product for the law enforcement industry, the military, border control and anti-terrorism and Homeland Security initiatives, due to their versatility and multiple applications. When fired, a ShockRounds(TM) specialized bullet generates an extremely high voltage charge. This voltage discharges instantly upon impact causing immediate target incapacitation.</p>
<p>&#013;</p>
<p>ShockRounds(TM) &#8220;electrified&#8221; standard bullets and rubber bullets are forecast to: </p>
<p>&#013;</p>
<p>&#8211;  Make law enforcement safer and more certain</p>
<p>&#013;</p>
<p>&#8211;  Save lives and ensure less collateral damage</p>
<p>&#013;</p>
<p>&#8211;  Reduce injuries and fatalities</p>
<p>&#013;</p>
<p>&#8211;  Enable far better control and effective enablement in aircraft, public places, arenas etc.</p>
<p>&#013;</p>
<p>&#8211;  Provide an effective anti terrorism and border control weapon</p>
<p>&#013;</p>
<p>&#8211;  Potential to decrease legal liability &#8211; through reduced injuries and fatalities</p>
<p>&#013;</p>
<p>The ShockRounds(TM) patent pending technology was developed by Technosis, a member of the Girvan Business Venture Acceleration Network (&#8216;B-VAN&#8221;). See: http://www.girvan.org and search &#8220;Technosis&#8221;. </p>
<p>&#013;</p>
<p>As announced previously, MDM Group has entered into a conditional agreement with Harrington Group Limited (HGR), a company listed on the Australian Stock Exchange (HGR.AX) to commercialize the company&#8217;s ShockRounds(TM) non-lethal technology. See Press Release of February 24, 2004 </p>
<p>&#013;</p>
<p>Safe Harbor Statement </p>
<p>&#013;</p>
<p>The information in this release, other than historical information, may be considered forward-looking statements within the provisions of the Private Securities Litigation Reform Act of 1995. Projection and other forward-looking statements and management expectations regarding future events and/or financial performance of the Company &#8212; although given in good faith &#8212; are inherently uncertain and actual events and/or results may differ materially. </p>
<p>&#013;</p>
<p>For further information see: http://www.shockrounds.com and http://www.mdmgroupinc.com &#013;
</p>
<p>&#013;</p>
<p>Contact:</p>
<p>&#013;</p>
<p>MDM Group Inc</p>
<p>&#013;</p>
<p>Trevor Ruehs, 866-894-3910</p>
<p>&#013;</p>
<p>Trevor@mdmgroupinc.com </p>
<p>&#013;</p>
<p>SOURCE: MDM Group, Inc</p>
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<p>Related <a target="_blank" href="http://proof-funds.com/category/transactional-funding/">Transactional Funding Press Releases</a></p>
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