Wednesday, May 20, 2015 12:07:49 PM
Item 16: Material Contracts
There were no material contracts entered into during the three months ended March 31, 2015.
During November 2014, the Company received a twelve month contract to perform marketing services. The contract terms includes payment of $60,000 to the Company composed of monthly payments of $1,000 over the term of the agreement for an aggregate of $12,000 and unregistered shares of common stock valued at $48,000.
SPRING HILL, Fla., Nov. 25, 2014 (GLOBE NEWSWIRE) -- ReelTime Rentals, Inc. (OTC:RLTR) proudly announces today that the Title Sponsorship of its Radio production 'LoudMouth News' has been purchased by CannaBrands, Inc (OTC:CBMJ). The one year $60,000.00 sponsorship provides CannaBrands certain advertising and promotional rights in connection with the LoudMouth News program and other promotional activities.
The revenue from this sponsorship alone solidifies the demand and desire for emerging companies to invest in our program. We have now realized significant revenue for the last quarter of 2014 and throughout 2015."
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