Reeltime Rentals Inc (RLTR)

[rrojarom]

Wonder why this sale isn’t mentioned?

On May 2, 2017, Canna executed and delivered a $50,000 Convertible Promissory Note to an individual for the purchase Loudmouth Media, Inc. The Convertible Note was not registered under the Securities Act in reliance upon an exemption from registration provided by Section 4(a)(2) of the Securities Act, which exempts transactions by an issuer not involving any public offering.
The subject Convertible Note bears interest at 5% per annum and has a maturity date which is 12 months after the date of the subject Convertible Note at which time all principal and accrued interest shall be due and payable in full. Prepayment is permitted without any penalty. The Convertible Note is convertible by the holder, at his election, into shares of the Company’s common stock at an exercise price of $.01 per share. In accordance with the terms of each Convertible Note, the holder may not convert any amount of the Convertible Note if, after giving effect to such conversion, the investor would beneficially own greater than 4.99% of the outstanding shares of the Company’s common stock.

http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=177338

http://www.otcmarkets.com/stock/CBMJ/news/Canna-Consumer-Goods-Buys-First-Nationally-Syndicated-Canna-Radio-Show-LoudMouth-News?id=158146&b=y

Canna Consumer Goods Buys First Nationally Syndicated Canna Radio Show LoudMouth News

WEST PALM BEACH, FL--(Marketwired - May 5, 2017) - Canna Consumer Goods, Inc. (OTC PINK: CBMJ) announced today that it has purchased LoudMouth Media, Inc. one of the nation's top canna related media companies.

LoudMouth Media has relationships and media specific to the Canna business and consumer markets. This includes television, magazines, billboards, web based marketing, and other new media. Some such assets include a web based news portal that aggregates news related to the industry.

www.loudmouthnews.com makes a plethora of information available regarding the legalized cannabis industry. It also links to the Loudmouth News radio episodes and media produced for the public domain. The site is updated every day with an aggregation of all the news that is relevant to consumers, producers, and investors of private and public companies in the publicly traded companies in the rapidly growing legal marijuana market sector. www.loudmouthnews.com

Loudmouth also developed and owns the first and longest running syndicated cannabis radio show and news blast called "LoudMouth News" This news based production is designed to highlight companies in the legal marijuana industry. Loudmouth News debuted November 18th, 2014 on KTHO in Lake Tahoe.

"Loudmouth News" became the first syndicated terrestrial radio news program that focused on the news relating to the marijuana industry. LoudMouth News presents the news and commentary in an entertaining neutral manner highlighting the most impactful current news in politics, products, sociological issues, businesses, and the ever-changing perceptions of marijuana usage.

Loudmouth News began as a two-minute syndicated news program and quickly grew to a five-minute segment running as news on a variety of stations across the nation. Due to its rapid adoption by stations that previously chose not to air the subject matter and the show's popularity in addition to the short news breaks, the format has been extended to a full hour minus commercial breaks. The new format can be listened to at www.loudmouthnews.com or on an increasing number of stations throughout the country.

Mark Schaftlein, Canna Consumer Goods CEO stated: "With the ever-expanding adoption of cannabis businesses, it is critical for companies and products to reach their target markets. Mainstream media that has generally not been accessible to canna related companies along with a plethora of new media can now be utilized through LoudMouth Media as never before. Acquiring LoudMouth gives Canna Consumer Goods a distinct advantage over other canna consumer companies and positions us solidly as one of the premiere canna related media companies in the country."

Contact:
Mark Schaftlein
561 866 6108
[e-mail]


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