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RTGV joint venture with Aderra: Aderra client list consists of many billboard artists such as Smashing Pumpikins, Zack Brown, 50 Cent, Metallica,and Deadmau5
http://finance.yahoo.com/news/RTG-Ventures-Aderra-Announce-prnews-1448020414.html?x=0
Aderra Client list
http://aderra.net/clients.html
Aderra Releases Joint PR:
http://www.prlog.org/11762011-aderra-rtg-ventures-announce-joint-venture-on-fan-app.html
Aderra Tweets on the Joint Venture
https://twitter.com/#!/aderra
Steve Baughman, who is spearheading the app's development (as per 1/3/12 press release)
http://www.recordingconnection.com/ambassadors/steven-baughman/about/
Steven Baughman From Aderra
About
The Pussycat Dolls, Usher, 50 Cent, Destiny’s Child, Pink and Snoop Dogg are just a handful of the top-selling artists that Grammy Award-winner Steven “Steve B” Baughman has worked with.
A California native, Steve B. graduated from California State University, Chico in 1995 with a BA in Music, Recording Arts. He then made his way to the heart of the music industry, Los Angeles. Starting his career at the prestigious Larrabee Studios, Steve B., worked with a wide variety of artists, producers, writers and music executives over a five-year period. This opportunity, straight out of college, allowed him to learn the music business from the bottom up. Armed with this knowledge and experience, Steve B. went off on his own in 2000 as an independent recording engineer.
Working for Death Row Records, Interscope Records, Sony Records, Capitol Records and many others, he was able to form relationships with some of the biggest moguls in the music business, including but not limited to, Dr. Dre, Eminem, Michael Jackson, Jimmy Iovine, and 50 Cent. Since then, Steve B. has worked on innumerable platinum records like Eminem’s 2002 “Eminem Show”, which was nominated for multiple Grammy’s and won in the category of Best Rap Album. In 2004, Baughman opened his own personal recording studio, servicing multi-platinum artists and up-and-coming talent.
As a writer/producer/mixer/engineer, he has been able to provide these clients with a complete start to finish album experience. Due to this success, in 2007, Baughman was hired by multi-billionaire Dr. Henry Nicholas to help form a new record label. As a staff A&R/producer/mixer, he was responsible for handling existing talent and bringing new talent into the system. Steve B continues his musical entrepreneurial drive and now has a new production/management imprint that includes country artist, Megan Moreaux. In addition he continues to mix and produce the biggest names in the music business.
Last I looked a couple days back was around 333 board marks
I think that is very high estimate of OS Likely closer to 300M perhaps less. just my educated guess
boardmarks up 35 and counting
Good recap hat12trick of recent news
Read the IRP
Thanks
EpicStocks in the house. That's real good!
Amended Quarterly Report (10-Q/A)
http://ih.advfn.com/p.php?pid=nmona&article=51234075
Reason for Amended Filing
The SEC now requires a portion of the filing to be done in XBRL The mandate from SEC states it must be filed in first Q following 2011 10-K.
http://xbrl.sec.gov/
The company that was hired to do this had to edit that portion of the filing because it did not show online in the original filing due to formatting issues, hence the amended 10Q. XBRL by industry standards cost additional money. However through some research I was able to find a company that handled this requirement as well as other aspects of the company’s filings saving approximately $8k per filing. The amended filing was done free of charge because of the formatting issue.
OS: My guess since everyone is taking a stab at this based on publicly available info . UNDER 300M
Some conflicting info as I received a confirmation from Emily two weeks ago and thanking me for connecting RTG to NIBA. If all is on I belive a PR will come.
Looks like nice consolidation today in a tight range
The way I read it is there are no conversions in March or April. February is the one in question. Let's see if the company can address that one before its convertible. This is how I understand it just an opinion. Anyone concerned go read the Q for themselves.
Yes it is a good looking site and I remain very impressed with the services Reggie offers. He should be an attraction to any JV Merger candidate that was discussed in the recent PR. Looking for more on Pulse Station when possible.
Good to see the stock getting near that $2.00 mark again. That says a great deal
I think this is the PR that is bringing the action
RTG Ventures in Talks With Strategic Merger Partners to Augment Social Media Offering
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- In a Letter to Shareholders last year, RTG Ventures, Inc. (OTCQB: RTGV) cited that it was one of the few digital technology companies in the micro-cap public market. The reference was intended to be positive and to encourage value based investors to acknowledge the opportunity to buy shares, hold and to grow with the Company.
Experience has now suggested that most digital technology companies are private for very good strategic reasons. These private companies attract huge valuations on a concept and are given the time to develop the product, including everything from minor revisions to wholesale changes. That process is called "pivoting", an accepted practice of making certain the product is market ready. Private companies receive cash injection from venture capital intended to fund the lifecycle of the technology development. Compare this to small tranches of cash infusion subject to the vicissitudes of the trading implicit in the micro-cap markets. The timeframe is too short to affect the kind of sustainable progress required when building a sustainable Company. Then there is the pressure required to produce 'news' which is then used to churn and take any short-term profit available. These dynamics make for an erratic, not a stable environment.
That is the environment in which RTG finds itself. As a part of the strategic re-alignment undertaken by the Board in the Fall, the identification of a US-private Company which was much further along in its development cycle and would benefit from a public presence to reach the next stage of growth was identified as a corporate objective. In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities. This bodes well as the digital technology industry is US-centric with global reach, often based in the San Francisco/Bay Area during initial technology development stage and then Los Angeles in the case of media and entertainment operating companies' evolution.
RTG has spent the last year nurturing relationships in this sector and by pivoting we have a product in development which people are excited about, and more importantly, that they understand and believe could have immediate positive impact on a client's revenues. The Company is seeing long term financing in order to affect the full benefit of Pulse Station and its positioning in the marketplace. An alliance with a US firm will provide that leverage. There is a Board Meeting in London on Thursday with plans to travel to Los Angeles and New York in February to continue developing these prospects. All parties are under NDAs and are seriously considering a joint relationship which will make our product stronger together in the social media industry. In addition, RTG intends to participate in the National Investment Banking Association (NIBA) conference as a presenter to broaden the reach and to get RTG's word out. http://www.nibanet.org
ABOUT RTG VENTURES
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB company. Symbol RTGV.
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
Companies in this sector are experiencing massive valuations. If they begin to execute their business plan I always believed and still do that they could gain a market cap quickly near 20m. Current cap about 4300K OR SO.
Have a good weekend all
The entire situation concerns me as a holder of shares valued over a penny. That does not stop me from seeing the potential to recover and working towards that win or lose. I have the option to average down but cash is very short and I already have invested as much as I am willing to lose in a single penny stock.
What are your qualifications in dealing with terms penny stocks can get as far as funding? What do you deem friendly funding? I call funding that requires a SB2 the very worst because you must register shares and file. This gives the financing company the ability to short. I have seen the terms from several lenders that are offered for these kinds of companies because I get hit with mail from them often. I always take the time to contact them to gain more info. I am still far from an expert on the topic but starting to gain some knowledge. No matter what your share price is you can avoid SB2 funding and get a convertible note that is due in 6 months if your trading volume is over $20k per day in value. That gives the company an option to pay off the note before its converted. This is why I welcome the strong volume. When the company was over a penny they were able to get the same terms even though they did not meet trading volume requirements. Under a penny you can't unless you meet the trading volume rule. The company has used convertible notes for years paying them off as they went along to avoid conversions. This time they got stuck as we all know. I hope and expect in the future they will be sure this never happens again. Even if you have to go to your shareholders for private funding as a last resort.
The very best funding is long term funding from a private investor. A private company has no trouble getting these kinds of investments. Much more difficult for a public company especially with a low share price. However not impossible if you bring the right deal to the table. Joint ventures and mergers can create that ability. Likely a big reason the company is currently negotiating and exploring that option as in their recent press release
Or get investment money come in even if its just simply long term funding. This article is a good read
http://blog.imphenzia.com/2011/08/16/spotify-a-k-a-money-grinder/
There are no awareness groups here period! By the way when a company can average over $20k per day in trading it opens the door to much more favorable financing options. That's a fact. That is one of the first thing a potential lender asks as if you do they can offer the best deal. Just some info
I am expecting a good week next week. Looks like traders just setting up this week
RTG Ventures in Talks With Strategic Merger Partners to Augment Social Media Offering
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- In a Letter to Shareholders last year, RTG Ventures, Inc. (OTCQB: RTGV) cited that it was one of the few digital technology companies in the micro-cap public market. The reference was intended to be positive and to encourage value based investors to acknowledge the opportunity to buy shares, hold and to grow with the Company.
Experience has now suggested that most digital technology companies are private for very good strategic reasons. These private companies attract huge valuations on a concept and are given the time to develop the product, including everything from minor revisions to wholesale changes. That process is called "pivoting", an accepted practice of making certain the product is market ready. Private companies receive cash injection from venture capital intended to fund the lifecycle of the technology development. Compare this to small tranches of cash infusion subject to the vicissitudes of the trading implicit in the micro-cap markets. The timeframe is too short to affect the kind of sustainable progress required when building a sustainable Company. Then there is the pressure required to produce 'news' which is then used to churn and take any short-term profit available. These dynamics make for an erratic, not a stable environment.
That is the environment in which RTG finds itself. As a part of the strategic re-alignment undertaken by the Board in the Fall, the identification of a US-private Company which was much further along in its development cycle and would benefit from a public presence to reach the next stage of growth was identified as a corporate objective. In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities. This bodes well as the digital technology industry is US-centric with global reach, often based in the San Francisco/Bay Area during initial technology development stage and then Los Angeles in the case of media and entertainment operating companies' evolution.
RTG has spent the last year nurturing relationships in this sector and by pivoting we have a product in development which people are excited about, and more importantly, that they understand and believe could have immediate positive impact on a client's revenues. The Company is seeing long term financing in order to affect the full benefit of Pulse Station and its positioning in the marketplace. An alliance with a US firm will provide that leverage. There is a Board Meeting in London on Thursday with plans to travel to Los Angeles and New York in February to continue developing these prospects. All parties are under NDAs and are seriously considering a joint relationship which will make our product stronger together in the social media industry. In addition, RTG intends to participate in the National Investment Banking Association (NIBA) conference as a presenter to broaden the reach and to get RTG's word out. http://www.nibanet.org
ABOUT RTG VENTURES
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB company. Symbol RTGV.
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
RTG Ventures in Talks With Strategic Merger Partners to Augment Social Media Offering
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- In a Letter to Shareholders last year, RTG Ventures, Inc. (OTCQB: RTGV) cited that it was one of the few digital technology companies in the micro-cap public market. The reference was intended to be positive and to encourage value based investors to acknowledge the opportunity to buy shares, hold and to grow with the Company.
Experience has now suggested that most digital technology companies are private for very good strategic reasons. These private companies attract huge valuations on a concept and are given the time to develop the product, including everything from minor revisions to wholesale changes. That process is called "pivoting", an accepted practice of making certain the product is market ready. Private companies receive cash injection from venture capital intended to fund the lifecycle of the technology development. Compare this to small tranches of cash infusion subject to the vicissitudes of the trading implicit in the micro-cap markets. The timeframe is too short to affect the kind of sustainable progress required when building a sustainable Company. Then there is the pressure required to produce 'news' which is then used to churn and take any short-term profit available. These dynamics make for an erratic, not a stable environment.
That is the environment in which RTG finds itself. As a part of the strategic re-alignment undertaken by the Board in the Fall, the identification of a US-private Company which was much further along in its development cycle and would benefit from a public presence to reach the next stage of growth was identified as a corporate objective. In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities. This bodes well as the digital technology industry is US-centric with global reach, often based in the San Francisco/Bay Area during initial technology development stage and then Los Angeles in the case of media and entertainment operating companies' evolution.
RTG has spent the last year nurturing relationships in this sector and by pivoting we have a product in development which people are excited about, and more importantly, that they understand and believe could have immediate positive impact on a client's revenues. The Company is seeing long term financing in order to affect the full benefit of Pulse Station and its positioning in the marketplace. An alliance with a US firm will provide that leverage. There is a Board Meeting in London on Thursday with plans to travel to Los Angeles and New York in February to continue developing these prospects. All parties are under NDAs and are seriously considering a joint relationship which will make our product stronger together in the social media industry. In addition, RTG intends to participate in the National Investment Banking Association (NIBA) conference as a presenter to broaden the reach and to get RTG's word out. http://www.nibanet.org
ABOUT RTG VENTURES
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB company. Symbol RTGV.
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
"In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities."
RTG Ventures in Talks With Strategic Merger Partners to Augment Social Media Offering
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- In a Letter to Shareholders last year, RTG Ventures, Inc. (OTCQB: RTGV) cited that it was one of the few digital technology companies in the micro-cap public market. The reference was intended to be positive and to encourage value based investors to acknowledge the opportunity to buy shares, hold and to grow with the Company.
Experience has now suggested that most digital technology companies are private for very good strategic reasons. These private companies attract huge valuations on a concept and are given the time to develop the product, including everything from minor revisions to wholesale changes. That process is called "pivoting", an accepted practice of making certain the product is market ready. Private companies receive cash injection from venture capital intended to fund the lifecycle of the technology development. Compare this to small tranches of cash infusion subject to the vicissitudes of the trading implicit in the micro-cap markets. The timeframe is too short to affect the kind of sustainable progress required when building a sustainable Company. Then there is the pressure required to produce 'news' which is then used to churn and take any short-term profit available. These dynamics make for an erratic, not a stable environment.
That is the environment in which RTG finds itself. As a part of the strategic re-alignment undertaken by the Board in the Fall, the identification of a US-private Company which was much further along in its development cycle and would benefit from a public presence to reach the next stage of growth was identified as a corporate objective. In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities. This bodes well as the digital technology industry is US-centric with global reach, often based in the San Francisco/Bay Area during initial technology development stage and then Los Angeles in the case of media and entertainment operating companies' evolution.
RTG has spent the last year nurturing relationships in this sector and by pivoting we have a product in development which people are excited about, and more importantly, that they understand and believe could have immediate positive impact on a client's revenues. The Company is seeing long term financing in order to affect the full benefit of Pulse Station and its positioning in the marketplace. An alliance with a US firm will provide that leverage. There is a Board Meeting in London on Thursday with plans to travel to Los Angeles and New York in February to continue developing these prospects. All parties are under NDAs and are seriously considering a joint relationship which will make our product stronger together in the social media industry. In addition, RTG intends to participate in the National Investment Banking Association (NIBA) conference as a presenter to broaden the reach and to get RTG's word out. http://www.nibanet.org
ABOUT RTG VENTURES
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB company. Symbol RTGV.
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
RTG Ventures in Talks With Strategic Merger Partners to Augment Social Media Offering
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- In a Letter to Shareholders last year, RTG Ventures, Inc. (OTCQB: RTGV) cited that it was one of the few digital technology companies in the micro-cap public market. The reference was intended to be positive and to encourage value based investors to acknowledge the opportunity to buy shares, hold and to grow with the Company.
Experience has now suggested that most digital technology companies are private for very good strategic reasons. These private companies attract huge valuations on a concept and are given the time to develop the product, including everything from minor revisions to wholesale changes. That process is called "pivoting", an accepted practice of making certain the product is market ready. Private companies receive cash injection from venture capital intended to fund the lifecycle of the technology development. Compare this to small tranches of cash infusion subject to the vicissitudes of the trading implicit in the micro-cap markets. The timeframe is too short to affect the kind of sustainable progress required when building a sustainable Company. Then there is the pressure required to produce 'news' which is then used to churn and take any short-term profit available. These dynamics make for an erratic, not a stable environment.
That is the environment in which RTG finds itself. As a part of the strategic re-alignment undertaken by the Board in the Fall, the identification of a US-private Company which was much further along in its development cycle and would benefit from a public presence to reach the next stage of growth was identified as a corporate objective. In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities. This bodes well as the digital technology industry is US-centric with global reach, often based in the San Francisco/Bay Area during initial technology development stage and then Los Angeles in the case of media and entertainment operating companies' evolution.
RTG has spent the last year nurturing relationships in this sector and by pivoting we have a product in development which people are excited about, and more importantly, that they understand and believe could have immediate positive impact on a client's revenues. The Company is seeing long term financing in order to affect the full benefit of Pulse Station and its positioning in the marketplace. An alliance with a US firm will provide that leverage. There is a Board Meeting in London on Thursday with plans to travel to Los Angeles and New York in February to continue developing these prospects. All parties are under NDAs and are seriously considering a joint relationship which will make our product stronger together in the social media industry. In addition, RTG intends to participate in the National Investment Banking Association (NIBA) conference as a presenter to broaden the reach and to get RTG's word out. http://www.nibanet.org
ABOUT RTG VENTURES
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB company. Symbol RTGV.
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
RTGV joint venture with Aderra: Aderra client list consists of many billboard artists such as Smashing Pumpikins, Zack Brown, 50 Cent, Metallica,and Deadmau5
http://finance.yahoo.com/news/RTG-Ventures-Aderra-Announce-prnews-1448020414.html?x=0
Aderra Client list
http://aderra.net/clients.html
Aderra Releases Joint PR:
http://www.prlog.org/11762011-aderra-rtg-ventures-announce-joint-venture-on-fan-app.html
Aderra Tweets on the Joint Venture
https://twitter.com/#!/aderra
Steve Baughman, who is spearheading the app's development (as per 1/3/12 press release)
http://www.recordingconnection.com/ambassadors/steven-baughman/about/
Steven Baughman From Aderra
About
The Pussycat Dolls, Usher, 50 Cent, Destiny’s Child, Pink and Snoop Dogg are just a handful of the top-selling artists that Grammy Award-winner Steven “Steve B” Baughman has worked with.
A California native, Steve B. graduated from California State University, Chico in 1995 with a BA in Music, Recording Arts. He then made his way to the heart of the music industry, Los Angeles. Starting his career at the prestigious Larrabee Studios, Steve B., worked with a wide variety of artists, producers, writers and music executives over a five-year period. This opportunity, straight out of college, allowed him to learn the music business from the bottom up. Armed with this knowledge and experience, Steve B. went off on his own in 2000 as an independent recording engineer.
Working for Death Row Records, Interscope Records, Sony Records, Capitol Records and many others, he was able to form relationships with some of the biggest moguls in the music business, including but not limited to, Dr. Dre, Eminem, Michael Jackson, Jimmy Iovine, and 50 Cent. Since then, Steve B. has worked on innumerable platinum records like Eminem’s 2002 “Eminem Show”, which was nominated for multiple Grammy’s and won in the category of Best Rap Album. In 2004, Baughman opened his own personal recording studio, servicing multi-platinum artists and up-and-coming talent.
As a writer/producer/mixer/engineer, he has been able to provide these clients with a complete start to finish album experience. Due to this success, in 2007, Baughman was hired by multi-billionaire Dr. Henry Nicholas to help form a new record label. As a staff A&R/producer/mixer, he was responsible for handling existing talent and bringing new talent into the system. Steve B continues his musical entrepreneurial drive and now has a new production/management imprint that includes country artist, Megan Moreaux. In addition he continues to mix and produce the biggest names in the music business.
RTG Ventures in Talks With Strategic Merger Partners to Augment Social Media Offering
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- In a Letter to Shareholders last year, RTG Ventures, Inc. (OTCQB: RTGV) cited that it was one of the few digital technology companies in the micro-cap public market. The reference was intended to be positive and to encourage value based investors to acknowledge the opportunity to buy shares, hold and to grow with the Company.
Experience has now suggested that most digital technology companies are private for very good strategic reasons. These private companies attract huge valuations on a concept and are given the time to develop the product, including everything from minor revisions to wholesale changes. That process is called "pivoting", an accepted practice of making certain the product is market ready. Private companies receive cash injection from venture capital intended to fund the lifecycle of the technology development. Compare this to small tranches of cash infusion subject to the vicissitudes of the trading implicit in the micro-cap markets. The timeframe is too short to affect the kind of sustainable progress required when building a sustainable Company. Then there is the pressure required to produce 'news' which is then used to churn and take any short-term profit available. These dynamics make for an erratic, not a stable environment.
That is the environment in which RTG finds itself. As a part of the strategic re-alignment undertaken by the Board in the Fall, the identification of a US-private Company which was much further along in its development cycle and would benefit from a public presence to reach the next stage of growth was identified as a corporate objective. In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities. This bodes well as the digital technology industry is US-centric with global reach, often based in the San Francisco/Bay Area during initial technology development stage and then Los Angeles in the case of media and entertainment operating companies' evolution.
RTG has spent the last year nurturing relationships in this sector and by pivoting we have a product in development which people are excited about, and more importantly, that they understand and believe could have immediate positive impact on a client's revenues. The Company is seeing long term financing in order to affect the full benefit of Pulse Station and its positioning in the marketplace. An alliance with a US firm will provide that leverage. There is a Board Meeting in London on Thursday with plans to travel to Los Angeles and New York in February to continue developing these prospects. All parties are under NDAs and are seriously considering a joint relationship which will make our product stronger together in the social media industry. In addition, RTG intends to participate in the National Investment Banking Association (NIBA) conference as a presenter to broaden the reach and to get RTG's word out. http://www.nibanet.org
ABOUT RTG VENTURES
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB company. Symbol RTGV.
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
Reggie has a blog page where many communications with shareholders have gone may times rather than the news release. Good reading for new readers
http://www.reggiejames.org/
Good work there TF. Bob is certainly a businessman one can learn a great deal from
Not even close much much cheaper. This is a national release and it also goes out to many other newsgroups and publications. If it were to go world wide then it can get around the $700.00 mark. There are certain releases that should go worldwide this was clearly not one.
The PR does not cost that much it was well worth it verses a website/blog. Decent volume today. In my research I found a company that cut our PR cost in half and delivers yahoo finance which we weren't getting before. Also the same company handles aspects of company filings now that save approx $8k per filing.
ohh my I hope so one day for you
RTG Ventures in Talks With Strategic Merger Partners to Augment Social Media Offering
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- In a Letter to Shareholders last year, RTG Ventures, Inc. (OTCQB: RTGV) cited that it was one of the few digital technology companies in the micro-cap public market. The reference was intended to be positive and to encourage value based investors to acknowledge the opportunity to buy shares, hold and to grow with the Company.
Experience has now suggested that most digital technology companies are private for very good strategic reasons. These private companies attract huge valuations on a concept and are given the time to develop the product, including everything from minor revisions to wholesale changes. That process is called "pivoting", an accepted practice of making certain the product is market ready. Private companies receive cash injection from venture capital intended to fund the lifecycle of the technology development. Compare this to small tranches of cash infusion subject to the vicissitudes of the trading implicit in the micro-cap markets. The timeframe is too short to affect the kind of sustainable progress required when building a sustainable Company. Then there is the pressure required to produce 'news' which is then used to churn and take any short-term profit available. These dynamics make for an erratic, not a stable environment.
That is the environment in which RTG finds itself. As a part of the strategic re-alignment undertaken by the Board in the Fall, the identification of a US-private Company which was much further along in its development cycle and would benefit from a public presence to reach the next stage of growth was identified as a corporate objective. In November Reggie James and Linda Perry had preliminary discussions with several companies who meet the criteria and were interested in a joint venture with a public company in the social media space which could evolve into a merger of like-minded entities. This bodes well as the digital technology industry is US-centric with global reach, often based in the San Francisco/Bay Area during initial technology development stage and then Los Angeles in the case of media and entertainment operating companies' evolution.
RTG has spent the last year nurturing relationships in this sector and by pivoting we have a product in development which people are excited about, and more importantly, that they understand and believe could have immediate positive impact on a client's revenues. The Company is seeing long term financing in order to affect the full benefit of Pulse Station and its positioning in the marketplace. An alliance with a US firm will provide that leverage. There is a Board Meeting in London on Thursday with plans to travel to Los Angeles and New York in February to continue developing these prospects. All parties are under NDAs and are seriously considering a joint relationship which will make our product stronger together in the social media industry. In addition, RTG intends to participate in the National Investment Banking Association (NIBA) conference as a presenter to broaden the reach and to get RTG's word out. http://www.nibanet.org
ABOUT RTG VENTURES
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB company. Symbol RTGV.
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
They obviously saw an expert in Reggie in Social/Digital media. Certainly seen enough potential to stamp their good name on them publicly and start working with him.. Can it be viewed any other way??
never said they are happy i just posted what i saw. Does show though if they are able to get long term funding it would be very bullish. They are obviously working on it we will see what happens
Looks like the Super Bowl even has interest in social media.
http://uk.reuters.com/article/2012/01/29/us-superbowl-advertising-idUKTRE80S0JX20120129