The head of Orthodox web-studio Obetovanie.ru Ilya Drozdikhin said his team would fight "non-professional" online-projects devoted to Orthodox church. Obetovanie.ru was "blessed by patriarch Aleksy II of Moscow and All Russia" and mostly develops design for Orthodox web-sites. According to its leader, many "fake Orthodox online-services" arisen recently, which are used for money laundry concealed by charity and all kinds of fraud. Drozdikhin is also eager "to fight" Orthodox web-sites that look ugly and lack budgeting - and ruin church's reputation on the Web, he believes. He didn't explain how Obetovanie.ru is going to fight it, but announced the launch of an Orthodox Content Management System and online seminars for Orthodox site developers.

OAO Armada (RTS, MICEX: ARMD) has fixed the price of the additional share issue at RUR380 (about $14,9). The shares will be offered to a wide range of investors at an open subscription simultaneously on MICEX and RTS on July 31, 2007. According to Vedomosti, additional share issuance amounts to 16,7% of revaluated capital of the company. ZAO Aton Broker acts as the lead manager of the offering.

Armada is traded on MICEX since May,23. The price of its share grew 1,5 times since then, from $10. FINAM analysts estimate one share for $10.4-16.4 and recommend not to buy it for more than $13,4.

OAO Armada provides information technology services, divested from RBC (RTS, MICEX: RBCI) by the end of April 2007. RBC's major holders - German Kaplun, Aleksandr Morgulchik and Dmitry Belik - are holding 49% of Armada. The company is not present on Russian Top-10 IT-companies with highest revenues (Merlion is 1st with $1.376 bln year revenue).