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I asked the company for more info on this topic. Here is what they were sent
OTC Markets Group Inc. (OTCQX: OTCM) operates the largest electronic marketplace for broker-dealers to trade unlisted stocks.
Because of our investment in technology, the vast majority of regulated brokers-dealers have chosen to quote your company’s securities on our superior electronic interdealer quotation system. Your shares are designated on our system as trading on the OTCQB™ tier, where investors can easily identify companies that file current information with a U.S. regulator, such as the SEC. To make sure that the marketplace is well-informed, we are currently providing FREE real-time quotes in your stock for your investors on www.otcmarkets.com.
As many of you have inquired about the continuous migration of broker-dealer quotes moving off of FINRA’s OTC Bulletin Board, we would like to provide you with an update on the reasons that have driven this move, and what impact, if any, this will have on investor trading and access. There are also some misperceptions due to the fact that some financial websites have not updated their systems and are not displaying accurate quotes (or no quotes at all) and are mistakenly showing SEC reporting companies as Pink (sometimes showing .PK on the end of their tickers).
We want to assure you that as long as you are current with your SEC reporting obligations or (for banks) current with your bank regulator filings, we will not be labeling you as trading on the OTC Pink tier (formerly known as Pink Sheets). We want to inform you that you can direct your investors to www.otcmarkets.com to get accurate information on professional real-time quotations. Companies quoted on our platform that report to a U.S. regulator are either designated as OTCQB, or, for companies that successfully take the steps needed to qualify, OTCQX®, the highest tier of the OTC marketplace.
I highly encourage you to view our OTCQB fact sheet here: http://www.otcmarkets.com/content/doc/ps/OTCQBfactsheet.pdf. This can be sent to your investors to explain what has happened and what it means for your stock to trade on OTCQB. If you have any additional questions, please do not hesitate to contact me.
Please keep an eye out for future communications from myself and my colleagues at OTC Markets Group. Over the next year we will be introducing some exciting new services for OTCQB companies like yours, and will be looking for your feedback and input on how we can create a better and more informed marketplace for your investors.
Regards,
Joe Oltmanns
OTC Markets Group
issuers@otcmarkets.com
www.otcmarkets.com
It is a very young company just over 1 year old. We seen some growing pains recently. Now the company must correct its mistakes, learn from them, and get back on track and grow. Digital Clarity alone is worth more than the current market cap IMO. Actually I doubt anyone can make a strong case against that.
Recent statement from The Group marketing manager at Mercedes Bennz HQ
Digital Clarity received this Quote 2 months ago:
“We have worked with Digital Clarity for over 4 years using a variety of the company’s services and solutions. In a niche yet competitive space, Digital Clarity’s understanding of our market along with a results driven service has made the relationship both positive and enjoyable. I have no hesitation in recommending Digital Clarity and their excellent service.”
Matthew Wrigley - Group Marketing Manager, Mercedes-Benz Retail Group UK Ltd
This Pr is worth a read again. It demonstrates Digital Clarity's ability to achieve solid net income from the projects they work on
RTG Ventures, Inc.'s Digital Clarity Adds $120,000
http://www.marketwire.com/press-release/rtg-ventures-solutions-division-sees-revenue-growth-otcqb-rtgv-1547055.htm
Very important part of Dom's recent blog about Original Data an Accenture company
Origin Digital
We partnered with Origin Digital using a strategic alliance because we are both operating in the same horizontal market, but RTG has a specific interest in the music vertical market which enables both businesses to align to offer a product through collaboration. Our technologies combine to offer a product that neither could offer on their own and no-one else the in the market can offer.
With Origin Digital, a strategic alliance is the way to go because there is no need to establish a legal framework for our business together. We’ve signed a services agreement that allows us to use their technology integrated into ours and we’re now able to resell each others services too. As our system and capabilities develops, there are very good reasons for us to collaborate on winning major new accounts and we are very closely aligned to them when it comes to the music industry. Furthermore, as we develop tools and technologies that are of benefit to their existing customer base, a framework already exists for those to be resold into their model. The key difference between a license agreement and an alliance is mutuality and a shared vision.
We just need to show we are a player and I believe they will do just that. RTGV is one of the few public micro cap companies in its space. Great post on Origin Digital. It is a very good read and the agreement between the two most certainly gives credibility to Cloud Channel.
excellent post.
"Please, if you would be so kind, would you please let everyone here know what Dom's job now consists of? It seemed to me like he was the personal steward of CC (going to ukraine and such), what is he up to now that stewardship has been revoked and sent to DC? I would love to know what Dom's job is, besides "sympathizing" with investors. Who is the captain of this ship? I'm not seeing one, and that's why everyone is running for the life rafts. "
IMO the captain of the ship needs to step forward very soon. I think this paragraph sums up much of the issue here. While the company did a short PR on this topic of moving CC in house. They left more un answered questions that need to be addressed asap.
I think Reggie needs to get his hands a bit deeper into this tech so he can make a statement. I expect this will be coming soon. I do know from speaking with him he has impressed me as very confident and very excited about this technology being moved into DC.
I think it would be naive to think a start up mode company will not use their equity in various ways to run their company. I can't think of a penny that never raised their OS. On that topic RTGV had no OS raise in one entire Q. Plus only 8m shares in two Q's. I think most will agree RTGV has shown strong responsibility in how they handle their equity. While the current company is only 1 year old , years of filings still show a strong responsible management of equity imo. Please refer to filings
If you followed the campaign and before it started Digital Clarity received a couple free articles written about them. During the campaign a couple news letters picked up the story as well. Fact is even major market companies pay to bring awareness to their brand. Until the company is fortunate to get enough free exposure I expect they will continue to run programs to bring awareness to their company.
First of all you use the word promotion they used awareness program. That means you advertise your company. Advertising cost money. Do you know a way to do it without paying for it? Fact is they issued no shares to those assisting in awareness they paid cash.
The better question since they are fully reporting would be. Is there any proof insiders are selling shares? From my knowledge a form 4 must be filed if anyone inside sold shares. The next 10K can provide proof when compared to the previous as well.
One thing is certain threeflight the companies optimism is very high. Nothing has changed there. Digital Clarity showed in the first leg of the awareness program that they are doing very well. They delivered news of growth and news that shows they are up on top of the latest technologies in their space. They are a profitable subsidiary with 1.5m in revenues. Cloud Channel has shown credibility through its Dealings with Aderra and Origin Digital an Accenture company. Keeping in mind Steve at Aderra is working with the company on the billboard artist as pr'd.
This company still has the great potential it always had. They just need to deliver some of that potential
FMC Policy Summit 2011 Webcast is Live!
Discussing the future of music. RTGV remains in the right place we just need them to begin to show signs they are ready to capitalize
bit.ly/pAmpeo
http://futureofmusic.org/blog/2011/10/03/fmc-policy-summit-2011-webcast-live
This article shows why the partnership between RTG and Aderra still has the great potential we have been waiting to come to fruition. We need the two to do business together. That event should turn things around here.
BUSINESS DAY | October 03, 2011
http://www.nytimes.com/2011/10/03/business/media/high-tech-tools-help-bands-market-directly-to-fans.html?_r=1&emc=eta1
Online Tools Help Bands Do Business
Topspin Media and other companies are offering bands sophisticated tools to run all aspects of their online business, including direct-to-fan ticket sales.
I was warning yesterday this was seriously over sold and could pop significantly fast. Those waiting for another dip may have to buy at $2.00 soon
We just need to see some signs that the company is close to getting the awareness program back on track. That would be solid evidence that things are ready to go with the technology and other business developments. I expect the temporary delay to be just that temporary. Although a week seems like eternity. The stock is seriously oversold now.
Look at the chart:
Unless there are serious issues with a company a chart like this screams buy to any technical analysis. I look for these kinds of charts. Found another one the other day and did buying there
lol..that is like yelling fire in a crowded building
The lawsuits don't seem to represent anything material one way or the other when compared to the technology that is here. Companies like this will always have some legal issues to deal with. Part of doing business. This may move north faster than most think. Its just badly oversold. The chart alone tells me big bounce coming
Once this starts moving again its going to get jumped hard.
Soon people will kick themselves for not gobbling up these cheap shares. This could make a sudden strong move forward
This endorsement is similar to what RTGV is working to bring to the table. I still believe it is not a question of if just when RTG with Steve from Aderra's assistance lands that billboard artist.
BUSINESS DAY | September 28, 2011
Backing Indie Bands to Sell Cars
By BEN SISARIO
Toyota has released music sporadically, but now it will sponsor a full campaign of record releases, videos and tour support for about 20 acts.
I am buying here. Great opportunity at these prices for short to mid term significant gains. Longer term always looks bright.
This was very good news today. The technology will always need updates and changes as it evolves. So much better to have the capability to develop the technology in house. I think everyone learned the hard way that depending on others with time restrictions in place opens the door for serious problems. The cause for our awareness program to stall for now. It is too bad the stock was setup nice ready for a stronger leg to follow.
It is a win win for RTG to have a subsidiary led by Reggie that are fully capable to handle developing needs. The company speaks very highly of the job that has been done in the Ukraine to date. Perhaps that is the main reason they never made the move to bring this in house under their supervision. I assume they will still use their expertise moving forward. I agree with another poster it would be good to see Dom do a blog soon which can go more in depth to the facts and shareholder concerns. I get the sense from speaking with Reggie he is very excited to have this technology in house. He seems very confident that the progress we need will be seen in the shorter term.
Very good to hear you remain fully invested here and have faith in Dom and Reggie.
Ledomain
I received a response to your question regarding Audi, Mercedes Benz, and Land Rover accounts with Digital Clarity.
Mercedes-Benz and Land Rover are HQ accounts. Audi is a dealer network in London.
Digital Clarity received this Quote 2 months ago:
“We have worked with Digital Clarity for over 4 years using a variety of the company’s services and solutions. In a niche yet competitive space, Digital Clarity’s understanding of our market along with a results driven service has made the relationship both positive and enjoyable. I have no hesitation in recommending Digital Clarity and their excellent service.”
Matthew Wrigley - Group Marketing Manager, Mercedes-Benz Retail Group UK Ltd
There are no principals of the company selling. No record of any shares sold by them. If you have a filing I missed or other info to the contrary please post it with links.
Keep in mind this is still based in London. It has always been the intention of the company to move this to the USA. I am expecting they will do just that. This will help enormously with the execution of the Business Plan.
Tremendous DD as always. RTGV just has to give some evidence to the market that they are even just a small player in this sector and new investors will follow. Things change very fast in the penny markets.
No doubt its Dom's baby and he has the real deal in Reggie to help get this technology live. Accenture was a big win for RTGV. Once they can show what they are working on with them that news will hit home. Aderra continuing to be very active in landing an endorsement and committing to play an active role as a partner over the long haul speaks loud and clear of the credibility here.
Why RTGV business models are in the right place
Some stats in the evolution of music.
This is a good time to re read the shareholder letter that kicked off the campaign. Yes the campaign temporarily stalled but could get back on track very soon. I look forward to hearing an update from the company which may define or give a hint when things get rolling again
Letter to Shareholders
RTG Ventures Launches from Development Laboratory to Commercial Exploitation Through Partnerships
RTG Ventures is one of very few start-up digital technology companies in the public sector
Dear RTGV Shareholder,
Today, we are writing to you to announce a new phase for the company. With Audigist already soft-launched and our major product, CloudChannel, due for beta launch very shortly, we’re shifting from being a company with products in development to one with products to sell. We’re focusing our activities on the opportunities that offer the greatest return on investment and we’re bringing our products to the US market. We’re engaging in a number of new partnerships to speed our route to market, bring additional benefits to our customers and reduce costs of market entry.
Today, we launch a major marketing campaign to raise awareness of the company, our products and our partners. The program has been created collaboratively using the proven expertise of Digital Clarity, the experience and reach of our partners and the guidance of authoritative external resource and it will be co-ordinated and controlled by a professional investor relations manager. We will support the campaign using an integrated multimedia campaign incorporating newswire distribution, blogs, website updates, interviews and more.
The right place, the right time
Companies engaged in the same space as RTG Ventures are achieving sky-high valuations both in private funding rounds and when entering the public markets. Pandora has only just entered the public markets and opened at a valuation of $3.2 billion. Spotify is valued at $1 billion as a private company after raising $100 million in venture capital. CloudChannel has been designed as the engine of online live-music video and enables rights holders to monetize content in ways that simply have not been possible before. Our business is different from both Pandora and Spotify, but is part of the same $120 billion market forecasted by industry financial gurus.
Digital Music News recently reported that in 2011, over $400m has been invested in digital media businesses with a total valuation of the sector in the multi-billions. Most digital media companies start out privately owned, meaning investors outside the closed world of private equity funds and venture capital don’t get an opportunity to participate in cutting-edge technology from the ground floor up. RTG Ventures is one of the only digital media companies already trading publicly and as such presents an opportunity to engage with leading-edge technology before the company is valued in the hundreds of millions or even billions.
How we’re going to get there
Partners play a very important part in our business model and over the next few weeks, we’ll be announcing several strategic partnerships, updating you on how we’re maximizing value from our existing partnership with Aderra and explaining in more detail how partnerships will accelerate adoption of our technologies. Working with partners enables us to enter markets faster, cheaper and leverage existing relationships for mutual benefit.
As an example, we are already working with Aderra to identify joint projects where the unique approach of CloudChannel can add value to their offering, provide turnkey monetization solutions to existing artists and where their unique solution can enhance our offering too. We have proposals in review at the moment for CloudChannel Suite’s first two product offerings and, once CloudChannel’s website is live, we expect this number to mushroom.
We’re also working with Aderra to identify a Billboard artist to endorse our products bringing an established fan base, other artists and the wider creative community into RTG’s suite of products. Artists like 50 Cent have already demonstrated the power of endorsements and we intend to emulate this success for all of our benefit.
An appendix to the Board’s letter is attached describing RTG’s achievements and milestones to date. We will be adding to this document so that investors can share in the Business Plan execution.
Focusing on return on investment, not just revenues
Since the blueprint for RTG’s development was first created in March 2010, much has changed and in order to operate at the same standard and level as companies like Pandora, we’ve engaged in a process of streamlining and focus. The digital media market represents this company’s greatest opportunity for exponential growth because it is in this market that our product is most clearly differentiated, furthest ahead of the market and most disruptive.
As a result, we’ve reduced investment into areas of the business that have linear growth potential in favor of those that truly can be exponential. This is why we made the choice to close BMC. The market in which the company operated was stagnating and forecasted growth was therefore not forthcoming. Given the choice between investing in a truly exciting future, or shoring up the present in a non-core market for the sake of top-line revenue, we chose the future and be assured, we will continue to do so.
How we’re differentiated
RTG’s strategy holds firm and is as compelling, meaningful and relevant now as it ever has been. Our products are clearly differentiated in the marketplace and our early observations about the needs of rights holders have now been vindicated by complementary product offerings from others in the same space as us. No one company’s offering, however, is as comprehensive as that of RTG.
CloudChannel maps the rights related to live performance video enabling each and every rights holder to be paid every time the content is monetized. Live entertainment video rights are especially complicated and CloudChannel supports very tight rules relating to territories, identified rights holders, unidentified rights holders, exceptions and collection societies.
CloudChannel enables content to be syndicated by fans with monetization methods built right into the stream. This opens up huge potential new markets because content is being placed at the heart of social interaction and it creates a direct monetizing role between artists and their most influential fans.
Now is a good time to be with RTG
After a long period of research and development, we’re now ready to market and over the next few weeks and months, you’ll be able to learn a great deal more about why we think the future is so bright for RTG.
The Board of RTG Ventures encourages existing investors to stay the course and welcomes new investors on an exciting journey. RTG expects to grow, prosper and be stronger together with each of you.
Click here for Milestones Appendix
Investor Relations Contact:
David Marioni
First State Internet Services
Wilmington, DE 19804
302 983 8196 begin_of_the_skype_highlighting 302 983 8196
2 weeks ago I submitted 3 things we could do in absence of real news to keep investors cool while things get going again. As you can see. Nothing was done. Not sure why we have a cc. In my world a CC should net immediate action. If not why bother. It is time to quit talking and execute. I expect we start that process next week.
I think your point is well taken. No one is feeling good right now that certainly includes myself. I am looking ahead not behind. If I can't do that I should just move on.
The company did explain through me that there was a delay because of Cloud Channel not going live. I communicated that clearly. They are having a regular scheduled board meeting that will address this issue. They will then address shareholders. I expect some time shortly after the meeting. We could be a short time away before we pick up on the awareness program again as well. To bad some sold this off like this. I was hoping it could hang in there until we got going again. Its understood though. You can't start and stop something like this. I certainly would not panic. A delay is a delay its not the end of it. I believe we will get this on track again soon
Sorry that was not a response to your particular question from Reggie. When I speak with him on other matters I will bring it up. I will post you directly when I get you the info you seek.
No doubt Digital Clarity looks great regardless of how much business they are doing with these big companies. It shows excellent signs it will continue to grow and be profitable. They show that potential to land a huge deal as well. If DC could expand its services to companies like Audi and Mercedes Benz it alone could be a catalyst to a higher share price.
Trust me on this. I have stressed the need to turn this around fast from the moment it stalled. To be honest I was in shock for several days at how fast it came to a stop. However I picked up the pieces and will be ready to do my part to get this back on track when given the go. I have already been told to think about plans for the next leg. I hope that will get into full swing very soon. I agree they need to come out of these meetings and hit a couple doubles quick setting it up for a home run or two.
If not the time and money spend in leg one was a failure. Meetings are fine and good but execution trumps talk. All the meetings in the world are useless without swift action and execution. Formulating and approving a plan is also useless without execution.
As you state in your post we already took a big hit and everyday I think we lose another interested party. I don't want to rehash mistakes and focus on negative energy so this is my last post on the topic of what happened in leg one of the campaign. I am thinking ahead and plan on success. I still hold confidence this company can make a strong move forward.
So far our decline in share price has been on very low volume. If we can get moving again very soon we can rebound quick. Unless of course some long shareholders lost confidence and don't allow us early traction. That will be a tough task to garner everyone's support again. The right events to start things up can change sentiment quickly. Rushing in to just say something can be harmful too.