SOURCE: IO Circuit

June 07, 2007 06:35 ET

(OTC: NWWV) and Playstar Announce Special 20% Stock Dividend

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA--(Marketwire - June 7, 2007) - New Wave Media Inc (PINKSHEETS: NWWV) and Playstar Corporation announced a dividend to its shareholders of post merger shareholdings of 20% or 20 shares for every 100 shares owned in a new corporation to be formed, funded and listed on a foreign exchange.

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