02 May 2007

ROK Goes Public Via Reverse IPOBy

ROK Entertainment Group and CyberFund (OTC: CYFD) today jointly announced that Cyberfund will aquire 100 percent of the issued and outstanding shares of ROK in exchange for 57,000,000 common shares of CyberFund, according to an e-mail release. Cyberfund will then change its name to ROK Entertainment Group. ROK has raised in excess of $40 million in financing, with the latest round bringing in $7 million a few weeks ago in preparation for an IPO. ROK has offices in the UK, US and China as well as JVs in Russia, Brazil and the UAE. It currently has 3 patents issued and 42 additional patent applications pending for new technologies which it has developed for the delivery of video entertainment to mobile phones.


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