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While genuine your post is invalidated by this,
Haha, then maybe we don't have anyone who is interested in the real direction this company is taking.
No problem, I'm surprised more people aren't commenting on it.
What other reason is there to accumulate?
The article in the Journal was small but definitely gives us some clues. Some interesting stuff in bold at the end. Looks like they really are trying to become a cutting edge marketing firm.
RTG Ventures, a digital agency based
in London, has opened a downtown
L.A. office and has hired Steve Baughman, former songwriter for the Pussycat Dolls,
50 Cent, Destiny’s Child and Snoop Dogg, to
run the shop.
What’s the connection between music and
search engine marketing? In a word: software.
Reggie James, senior vice president at
RTG in London, said the company has a
team of software developers who believe the
music industry needs help marketing songs
online. The techies have created a website
and software to help record labels and independent bands sell through the Internet and
keep track of different revenue streams from
music download sites and CD ecommerce
sites.
Baughman will sell the software to local
bands and labels as well as help in finalizing
the details of the product.
“A lot of these sorts of programs are written
by guys who have never been in the music
business and most are useless to artists, labels
and managers,” Baughman said. “My previous
experience with hundreds of artists and running my own band management company will
help me function as a liaison with the artists
and record companies.”
He also will work with RTG clients that
want to bring Hollywood stars and promotional deals into their online marketing. The
agency’s clients in the U.K. include Mercedes-Benz and Santander Bank. Its only
Southern California-based client is TSW
Wheels, an aluminum rim maker in Huntington Beach.
Don't give the flippers shares at 21, at least wait for news.
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger) No dilution for 6 months per company pr, http://ih.advfn.com/p.php?pid=nmona&article=51285498
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.
I'm really looking forward to reading the piece in the LA Business Journal. Not sure when we will see it, hopefully soon.
http://labusinessjournal.com/staff/joel-russell/
We have to stop giving flippers shares too. No reason too sell at 21 in my opinion the shell is worth that, give me a break.
Did anyone else miss this part of the last pr, somehow I did, it's at the very end,
This time with news please don't dump all you shares into it. There are other investors who've been here that deserve to make some money too.
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger) No dilution for 6 months per company pr, http://ih.advfn.com/p.php?pid=nmona&article=51285498
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.
RTG Ventures Strengthens the Balance Sheet With Board Actions
Print
Alert
Rtg Ventures (QB) (USOTC:RTGV)
Historical Stock Chart
2 Months : February 2012 to April 2012
Following RTG Ventures, Inc.'s (OTCQB:RTGV) restructure of its short-term debt, the Company has and will continue to improve its balance sheet. As filed in the 10-K and 10-Q recently, the acquisition of STYLAR a/k/a Digital Clarity resulted in a Preferred Share Designation ("PSD"), as follows: Total of 2 Million Preferred Shares convertible to Common Shares under Rule 144, Price per Share set as the closing price 30-days preceding September 3, 2011 at $0.016083, ratio of PS:CS at 1:53.04. Simply stated every Preferred Share will eventually convert to 53.04 shares of common stock. Reggie James was the majority shareholder of STYLAR and now holds 166,176 Preferred Shares in RTG as a result of the acquisition.
Using the same PSD, Neil Gray has swapped all of his salary since April 2010 for Preferred Stock at $0.016083 as well. The Chairman is illustrating his support and belief in RTG given that the current PPS is well below the strike price for the swap. Gray will no longer accrue salary as a Non-Qualified Performance Based Stock Option Program has also been implemented. The strike price for any equity award will be at the same strike price of $0.016083. Of all Stock Option Plans in existence for public companies, only 5% have a strike price above the market price. RTG's Board is betting on a price, not only above the market today by some distance, but well above the strike price, or the options have no value to the recipients.
Also reflected in the SEC filings since July 2010, Linda Perry has sold her debt and accruals in tranches to non-affiliated third parties, and made Contributions to Capital as a strategic financing tool for Company liabilities. This approach was intended to offset the convertible debenture financing as there was no automatic conversion of debt. The debt paper is in friendly hands and the balance sheet is improved by Contributions to Capital.
The three significant events highlighted here -- the STYLAR acquisition through Preferred Shares held by James; the debt for equity swap by Gray of accruals at a PPS of $0.016083 also for Preferred Shares; and the sale of debt to non-affiliated third parties and concurrent contribution to capital by Perry -- all reflect an internal restructuring by RTG's Board in support of a streamlined organization and an alignment with shareholders. With the internal realignment and resulting balance sheet enhancements which the Board will continue to identify and seek out, RTG will be in a very positive position with the investment community, long term financing opportunities, and prospective business partners.
Digital Clarity has recently expanded into the US markets by adding 2 new customer wins, one on each coast. Details will be shared shortly.
Linda Perry has returned from the LA meetings and will now meet in NYC with the investment bankers from the NIBA Conference. A return trip to Los Angeles is scheduled for the 19th of this month.
Let's hope you are wrong again. For your sake!
I think they haven't even addressed the sp yet and have been focusing on business. I think they have a plan and will start to address the sp once they can release more details.
Is it the L.A. Business Journal or just L.A. Journal?
Good to hear, I heard that rumor as well and I don't have a full grasp of the way that works, but I did wonder how anyone could know for sure without seeing any filings about it.
Thanks so much for posting and clearing up the mis-information.
No I think there is some friendly dilution, meaning it's not toxic and just hammering the sp without consideration of the price. I believe the company has a plan to raise the sp that we will see as we near the ticker change.
The company was known by insiders 2 months ago. I think the question is when will they address the share price and how.
162 mil since Jan 17th? They must have worded it wrong.
But I'm not convinced that dilution is occurring, we will at least get some clues when the q hits. If they worded this right then on Jan 17th (not at the end of the quarter) but on Jan 17th there were 238 mil outstanding shares. And they make it sound as if nothing had changed and the conversion hiatus was still in effect. So maybe we will get the q and the o/s will be the same, that would be fun.
Maybe they re-structured some but not all of it, maybe the last of the shares hit the market today. My hope is that the value of this big deal will trump all of that.
Right and if you go back to that pr all it says is that the company is "in negotiations", we never heard that the re-structuring really happened.
But I think we should agree that it's possible they have already bought. The rumor has been around for months. And in that time we've had, in my opinion, dilution in the form of convertible debt that has kept the sp down. A month ago I saw 20 mil shares go off under the bid around 29 and the same thing happened a couple days in a row. Before that there was a strange trading pattern where the bid would get hit and then 3 or 4 million shares would get bought up on the ask all at once, like a big fund getting in. AMA agreed that a fund was loading, (he used to work for an mm).
That was the day the Brand thing was leaked. Anyway at this point I personally am not as worried about the lack of insider buying, but by the possible dilution that might still be going on. Either way I believe the company has a plan and expects the pps to rise with it.
All speculation...
Are you sure because I just talked to her and she sounded pretty interested in signing an LOI.
I'm actually curious as to where you saw the pr, I noticed it was in a lot of outlets so I'm wondering how many people it reached.
Way to let Luca piggy back your post 3f.
Haha, do you think your mom would be interested in a merger?
But seriously, check the sp, it's less than a quarter of a penny. The shell is worth this much. Stay away if you don't like speculation but the word is big things are in the works.
Everyone involved has an impressive resume, here is Linda's for example,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74295934
And the guy who we just hired today is a little bit more successful than your mom,
http://www.recordingconnection.com/ambassadors/steven-baughman/about/
Here's the website for Digital Clarity and for Aderra, a company we will be working worth closely in my opinion,
http://www.digital-clarity.com/
http://www.aderra.net/
Good to see you optimistic, I agree the reaction is suspect and the market just doesn't trust this yet. I thought today's news was big and the first clue as to the potential that everyone has been talking about for months.
Ok, thanks, I'll check it out.
Gl.
I don't suppose you could back that up with any kind of reasoning besides, it don't smell right! or, I trust my gut on these things!
One of our principles has an mba from Harvard and worked as a senior executive at ExxonMobil for 13 years, here's her resume,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74295934
Care to share with us your business acumen,any education or experience that would give us a reason to value your opinion on our current situation?
67k in cash, 3 mil in liabilities and an operating loss of 600k per quarter. Where is the value here?
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger) No dilution for 6 months per company pr, http://ih.advfn.com/p.php?pid=nmona&article=51285498
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger) No dilution for 6 months per company pr, http://ih.advfn.com/p.php?pid=nmona&article=51285498
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger) No dilution for 6 months per company pr, http://ih.advfn.com/p.php?pid=nmona&article=51285498
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.
How can I get one of my posts removed? I want to remove psot 62366 because I improved on it with the next post.
thanks.
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger)
OTCQB http://www.otcmarkets.com/stock/RTGV/company-info
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger) No dilution for 6 months per company pr, http://ih.advfn.com/p.php?pid=nmona&article=51285498
OTCQB http://www.otcmarkets.com/stock/RTGV/company-info
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.
RTGV DD post. .0026 400m o/s (best guess) 750m a/s (raised from 500 for merger) No dilution for 6 months per company pr, http://ih.advfn.com/p.php?pid=nmona&article=51285498
OTCQB http://www.otcmarkets.com/stock/RTGV/company-info
RTG Ventures Finalizes Discussions to Acquire Brand Entertain
RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination.
From Davidam (IR)
A new beginning for RTG today. Brand Entertain is a sexy company with an All Star cast. Once they get things going there should be an abundance of news coming from this marriage. Keep in mind RTG has made it clear they are vertically integrating other companies. I expect we will be finding out about progress in that regard.