PRESS RELEASE: Midas Touch denies making profit off Ebony’s demise

30th August 2018

For Immediate Release

CONTRACT WITH THE LATE PRISCILLA OPOKU – KWARTENG (EBONY REINGS) AND OUR ENGAGEMENT IN HER BURIAL ACTIVITIES.

We have noticed a level of misrepresentation within a section of the media with regards to our contract with the late Priscilla Opoku – Kwarteng (Ebony Reings) and our engagement in the various activities before, during and after her burial. It has become necessary we make this clarity following a series of interviews granted to some media houses by Mr. Kwarteng,father of the late musician. By this statement, we wish to state the facts as follows;

1. In April 2016, Midas Touch Inc. entered into a three year tripartite agreement with Ruff Town Records, represented by Ricky Osei Agyemang (Bullet) and Ebony Reings, then an up-and-coming musician.  

2. Midas Touch Inc. was responsible for funding the entire Ebony Reigns project. Our responsibilities extended to providing her with transportation, accommodation, and every other thing to make her comfortable to enable her to focus on her career.

3. Ruff Town Records served as the management company responsible for grooming, recording, booking and executing the promotion of all works by the musician.

4. Midas Touch Inc. was entitled to 50% of all revenue generated from the project and the other 50% went to RuffTown Records and the musician, Ebony Reigns.

5. When the musician unfortunately passed on, Midas Touch Inc. did not play any role, directly or indirectly in all business dealings before, during and after the burial of the late musician. Midas Touch Inc. only made a cash donation to the father through Ricky Osei Agyemang (Bullet) to help in giving Ebony Reigns a befitting funeral.