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Well that is exactly what they are in the process of doing.
It says original content and other cutting edge content. I suspect it will initially be pushing the VR shows on TV as the one was on Amazon Prime Video did. The key is that there are advertising inventories and increased reach. This adds assets as well.
Auditors Engaged
https://apnews.com/press-release/accesswire/business-technology-consumer-products-and-services-intellectual-property-food-services-393bc6788bbe085fe7d5da9056f65ddd
ReelTime Engages Pinnacle Accountancy Group of Utah to Complete NASDAQ Listing Requirement of Independently Audited Financials
SEATTLE, WA / ACCESSWIRE / January 28, 2021 / ReelTime VR/ReelTime Media (OTC:RLTR) ReelTime has engaged Pinnacle Accountancy Group of Utah ("Pinnacle" a dba of the PCAOB-registered audit firm Heaton & Company, PLLC) to perform an independent audit of the Company's financial statements.
The audit will be performed according to the guidelines set forth by the NASDAQ Listing Requirements and the Public Company Accounting Oversight Board auditing standards. Pinnacle is one of the leading firms in and throughout the United States and abroad. Its partners and staff have provided audit services for SEC registrants since 2001 and are highly experienced dealing with the complex auditing and accounting challenges facing public companies.
Barry Henthorn CEO stated: "We have put forth significant effort to be able to take this next critical step towards meeting the NASDAQ listing requirements. We are very confident in the experience, reputation, and capabilities of Pinnacle. We look forward to having audited financials that not only meet the listing requirements but will give our investors additional confidence as well."
ReelTime has formally submitted an application as a Seasoned Company Seeking to Transfer Equity and/or Debt Securities from Another U.S. Exchange to be listed on the NASDAQ Capital Market Exchange. The application has been logged in the NASDAQ Listing Center, all applicable fees have been paid, and a listing analyst has been assigned to ReelTime to assist throughout the process. In addition, the request for a new symbol (NASDAQ:RT) to be reserved for ReelTime to trade under once the Company has met all quantitative and qualitative criteria, including certain corporate governance requirements has been approved.ReelTime will continue to submit additional information and documentation as it is required based on comments from its assigned Listing Analyst and others at NASDAQ who will be assisting ReelTime, assuring that they satisfy all the required qualifications for NASDAQ Capital Markets securities in Rule 4300 and or any other applicable regulatory requirements. ReelTime will also need to adhere to the corporate governance standards set by NASDAQ. In addition, ReelTime must comply with NASDAQ's requirements relating to audit committees, the director nomination process, the compensation of officers, board composition, executive sessions, quorum, and code of conduct among others.
ReelTime will continue to trade on the OTC Markets under the symbol (OTC:RLTR) throughout the process and up until the move to the NASDAQ Capital Market becomes effective at which time the ticker symbol will become (NASDAQ:RT).
The NASDAQ Capital Market provides companies the required capital in order to grow their business. The NASDAQ Capital Market also provides a listing venue that promises to accommodate the different stages of corporate lives of the companies. All companies that are listed on NASDAQ Capital Market need to satisfy all the required qualifications for NASDAQ securities in Rule 4300. The companies also need to adhere to the corporate governance standards set by NASDAQ.
Other recent news:
ReelTime Media reached a technology/software license and development agreement with Baristas (OTC:BCCI) "Munchie Magic". The licensing agreement secures Munchie Magic global perpetual exclusive access to use the technology and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions for use with the Munchie Magic Virtual Restaurant or other convenience store delivery concepts. The agreement also allows for Munchie Magic to develop in concert with ReelTime or independently, derivatives and/or stand-alone methodologies. In exchange for the global perpetual exclusive license from ReelTime for the Munchie Magic concept and convenience store derivative Virtual Restaurants, ReelTime will receive a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on Jan. 1st, 2021.Baristas "Munchie Magic" has opened more than 50 locations in the past nine months delivering Ben & Jerry's ice cream, snacks, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tv www.munchiemagic.com in WA State and has now expanded into Oregon, California, Illinois, and Arizona as well.
ReelTime VR/ReelTime Media (OTC Pink:RLTR) has entered into a formal binding letter of agreement where it will acquire 100 percent ownership of Discount Ad Brokers. a 15 year old media company operating within a unique niche of the advertising industry. Discount Ad Brokers will maintain the majority of its current staff with operations expected to move from their current location in Washougal, Washington and be consolidated into ReelTime's location during 2021 where it will merge with the ReelTime sales, support and production staff to increase sales and overall capabilities by bringing the companies together. Discount Ad Brokers has consistently been the agency of choice for discount media placements for notable marquis clients such as Hooters, Hard Rock Resorts International, Toys for Tots, Tony Robins, Glucose Health, SeaWorld, and numerous national brands within the hospitality, finance and As Seen On TV sectors generating over 30 million dollars in revenues from these accounts of which will be maintained in accordance with the agreement. Annual gross billings have averaged over $20 million per year over the last 3 years resulting in net placement revenues averaging $2.6 million per year. Net revenues have historically risen from, $4.2 million in 2018, to $5.1 million in 2019, yet are expected to be reduced to just over $1 million in 2020 due to an elimination of ads from restaurant and travel clients that have historically been a large percentage of the company's mainstay business. This has begun to shift and is intended to exceed past performance once restrictions on travel and dining are lifted as is expected early in 2021. There is a pent-up demand for travel and restaurant advertising driven from both an industry and a consumer demand standpoint.
ReelTime VR (OTC PINK:RLTR) confirmed that the patent application number 15/654,613, titled Simultaneous Spherical Panorama Image and Video Capturing System, has officially been issued as U.S. Patent Number 10,761,303 September 1, 2020.The term of the patent is 20 years and 247 days from the earliest filing date of the patent application, calculated to be March 23, 2038. Although the original technology allows any cell phone or other camera to instantaneously capture 360 X 360 Virtual Reality Video or pictures without any need for stitching, the patent provides protection from infringement from any capturing of a plurality of images utilizing at least one mirror. This spans a wide range of industries and uses.
About Pinnacle Accountancy Group of Utah: Pinnacle Accountancy Group of Utah (a dba of Heaton & Company, PLLC) is a Certified Public Accounting firm providing a wide range of business advisory and compliance services including financial statement audit, review/preparation services, tax compliance & advisory services, and business advisory services. Its financial statement audit experience is vast and includes public and private companies in a variety of industries, not-for-profit entities, and financial institutions such as credit unions and mortgage companies. Its partners and staff have provided audit services for SEC registrants since 2001 and are highly experienced dealing with the complex auditing and accounting standards of public companies. Additionally, its tax services experience includes a broad range of industries with real estate development, construction, high-tech and manufacturing at the core.
About NASDAQ Capital Markets: Nasdaq is a global technology company serving the capital markets and other industries. Its diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. A diverse selection of over 4,000 companies choose to list on Nasdaq's U.S., Nordic and Baltic exchanges, representing industries such as retail, health care, finance, and technology. In the U.S., Nasdaq is the listing venue of choice for many of the world's most exciting companies. The Nasdaq Stock Market has three distinctive tiers: The Nasdaq Global Select Market® , The Nasdaq Global Market® and The Nasdaq Capital Market® . Applicants must satisfy certain financial, liquidity and corporate governance requirements to be approved for listing on any of these market tiers.
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com, is a publicly-traded company based in Seattle, WA (OTCPK:RLTR). ReelTime Media provides end to end production capabilities and discount media purchasing that is redefining how companies are evaluating and purchasing their TV, radio, print, and other new media. ReelTime is also is in the business of developing, producing, and distributing Virtual Reality Content and technologies. We have an end to end production, editing, and distribution capabilities for internal and external projects. ReelTime Currently produces three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals including Gear VR, Oculus, Veer VR, HTC Vive, YouTube 360, Facebook, and others. ReelTime Media also publishes the book "It Was Always Me! Edward Edwards the Most Prolific Serial Killer of All Time" which has been the subject of a cover story on People Magazine, Rolling Stone, In Touch, and a six-part series on Paramount network, www.itwasalwaysme.com.
Contact:
Barry Henthorn
ceo@reeltime.com
SOURCE: ReelTime Rentals, Inc.
I asked. It is because the Consolidated DAB and should be fully filed and next week. I understand. There is a lot to account for in the acquisition for the first time and it needs to be good enough for the auditors.
I have and will. I bought at .55, .35. .22 and again at .19 and .17 I also bought a ton over a long period at or under a penny to the under .10 swings. Sure I took dome of the table on the way up to .90 and used some of those funds to buy on the way down. I have been wrong for short periods of time on this for sure but overall this is a very big producer and I am convinced that these guys will continue to grow their business,
Well this looks like revenues and clients. WE will see when the Q1s come out I guess.
ReelTime Exceeds Revenue Expectations by Over 60% Increasing Revenues Over 160% in March From its' Discount Ad Brokers Fueled by the Hospitality and Resort Sector Rebounding As COVID-19 Restrictions Ease
SEATTLE, WA / ACCESSWIRE / March 30, 2021 / ReelTime VR/ReelTime Media (OTC:RLTR) ReelTimes Discount Ad Brokers (DAB), a 15-year-old discount media company that ReelTime acquired effective 1-1-2021, booked approximately $579,876.84 of revenue from media placements on TV, Radio, and other media led by clients in the hospitality and resort sectors.
This is compared to 2021 revenues of $314,741.71 in January and $364,702.17 in February revenues exceeding March sales expectations by over 60% bringing total 1st quarter sales to approximately $1,259,320.84.
DAB serves travel advertising portals such as Barter Media Brokers, Hospitality Advertising Solutions, and individual advertisers, including Hard Rock Resorts and Tafer Resort Group. Advertising for the resort sector has rebounded to pre-COVID-19 levels as DAB has seen a resurgence in pent-up demand for travel, especially that for international destinations.
Discount Ad Brokers focuses on providing clients top tier placements at pricing levels at or below remnant inventory rate structures through a unique inventory acquisition model utilizing a combination of contracted capacity buys, alternate currencies, barter, and aggressive bulk inventory-based contracts with major US media properties.
These do not include any revenues from the parent Company ReelTime Rentals, Inc., whose financials are available at www.ottcmarkets.com and will be consolidated in future reports.
Barry Henthorn, CEO, stated: "Although an increase in revenues as restrictions in travel ease has been expected, we are now seeing that expectation realized through an increase in ad placements. This is particularly encouraging because the revenues are coming from top-tier resort operators such as the Tafer Resort Group and the Hard Rock Resorts. I expect many other operators will also follow the lead of these industry icons translating to a continued increase moving forward
Well said. Well it looks like this one flushed out to its base and is now ready to move forward.
Looking forward to next May as well.
Yet they are getting rid of the debt and they did Apply for and have had that application accepted by NASDAQ. And they did hire auditors. And they did get the patent. and they do have experience in digital content acquisition. They Did buy Doyen and they did buy Discount Ad Brokers which means they have the ability to monetize from actual advertisers. I see this as pieces of a puzzle that are actually coming together. Sure there are many challenges to operating a channel and such.
Check out the numbers. A couple more acquisitions like this and NASDAQ is around the corner.
Earnings release is out. Up 160%
Very nice. I have been buying all the way down so not as fortunate but acquiring and riding the coaster are my priorities. This is major news.
History of making big moves in March for sure.
RLTR is talking again after silence. Looks like we will be getting lots more news as well.
I think it just did. NEWS!
ReelTime’s Gross Revenues From its Discount Ad Brokers top $360,000 in February Continuing to Increase As COVID-19 Restrictions Ease Opening Travel and Hospitality
SEATTLE, WA / ACCESSWIRRE / March 9, 2021 / ReelTime VR/ReelTime Media (OTC PINK:RLTR) ReelTimes Discount Ad Brokers (DAB), a 15-year-old discount media company that ReelTime acquired effective 1-1-2021 booked approximately $364,702.17 of revenue in February from media placements on TV, Radio, and other media led by clients in the travel and hospitality business.
Discount Ad Brokers focuses on providing clients top tier placements at pricing levels at or below remnant inventory rate structures through a unique inventory acquisition model utilizing a combination of contracted capacity buys, alternate currencies, barter, and aggressive bulk inventory-based contracts with major US media properties.
ReelTime also announces that DABs final January 2021 revenue numbers previously reported as $249,873 from media placements specific to the travel industry were $314,741.71 in total revenues from all sources. These do not include any revenues from the parent Company ReelTime Rentals, Inc., whose financials are available at www.otcmarkets.com and will be consolidated in future reports.
Barry Henthorn, CEO, stated: "The increase in business is not surprising as there is clearly a pent-up demand for travel for both business and leisure purposes that is beginning to be able to be serviced by the industry. DAB has a long history of providing access to top-notch media to its Marquis clients in the travel and hospitality sector. The revenues generated and asset bases acquired from this recent acquisition and others in the works, combined with ReelTimes core business, are expected to exceed some of the NASDAQ Capital Markets minimum listing requirements and provide a solid foundation for other developments."
ReelTime has formally submitted an application as a Seasoned Company Seeking to Transfer Equity and/or Debt Securities from Another U.S. Exchange to be listed on the NASDAQ Capital Market Exchange. The application has been logged in the NASDAQ Listing Center, all applicable fees have been paid, and a listing analyst has been assigned to ReelTime to assist throughout the process. In addition, the request for a new symbol (NASDAQ:RT) to be reserved for ReelTime to trade under once the Company has met all quantitative and qualitative criteria, including certain corporate governance requirements, has been approved.ReelTime will continue to submit additional information and documentation as it is required based on comments from its assigned Listing Analyst and others at NASDAQ who will be assisting ReelTime, assuring that they satisfy all the required qualifications for NASDAQ Capital Markets securities in Rule 4300 and or any other applicable regulatory requirements. ReelTime will also need to adhere to the corporate governance standards set by NASDAQ. In addition, ReelTime must comply with NASDAQ's requirements relating to audit committees, the director nomination process, the compensation of officers, board composition, executive sessions, quorum, and code of conduct, among others.
ReelTime will continue to trade on the OTC Markets under the symbol (OTC:RLTR) throughout the process and up until the move to the NASDAQ Capital Market becomes effective, at which time the ticker symbol will become (NASDAQ:RT).
The NASDAQ Capital Market provides companies the required capital in order to grow their business. The NASDAQ Capital Market also provides a listing venue that promises to accommodate the different stages of corporate lives of the companies. All companies that are listed on NASDAQ Capital Market need to satisfy all the required qualifications for NASDAQ securities in Rule 4300. The companies also need to adhere to the corporate governance standards set by NASDAQ.
Other recent news:
ReelTime has engaged Pinnacle Accountancy Group of Utah ("Pinnacle" a dba of the PCAOB-registered audit firm Heaton & Company, PLLC) to perform an independent audit of the Company's financial statements. The audit will be performed according to the guidelines set forth by the NASDAQ Listing Requirements and the Public Company Accounting Oversight Board auditing standards. Pinnacle is one of the leading firms in and throughout the United States and abroad. Its partners and staff have provided audit services for SEC registrants since 2001 and are highly experienced dealing with the complex auditing and accounting challenges facing public companies.
ReelTime Media reached a technology/software license and development agreement with Baristas (OTC:BCCI) "Munchie Magic." The licensing agreement secures Munchie Magic global perpetual, exclusive access to use the technology and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions for use with the Munchie Magic Virtual Restaurant or other convenience store delivery concepts. The agreement also allows for Munchie Magic to develop in concert with ReelTime or independently derivatives and/or stand-alone methodologies. In exchange for the global perpetual, exclusive license from ReelTime for the Munchie Magic concept and convenience store derivative Virtual Restaurants, ReelTime will receive a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on Jan. 1st, 2021. Baristas "Munchie Magic" has opened more than 50 locations in the past nine months delivering Ben & Jerry's ice cream, snacks, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tv www.munchiemagic.com in WA State and has now expanded into Oregon, California, Illinois, and Arizona as well.
ReelTime VR (OTC PINK:RLTR) confirmed that the patent application number 15/654,613, titled Simultaneous Spherical Panorama Image and Video Capturing System, has officially been issued as U.S. Patent Number 10,761,303 September 1, 2020. The term of the patent is 20 years and 247 days from the earliest filing date of the patent application, calculated to be March 23, 2038. Although the original technology allows any cell phone or other camera to instantaneously capture 360 X 360 Virtual Reality Video or pictures without any need for stitching, the patent provides protection from infringement from any capturing of a plurality of images utilizing at least one mirror. This spans a wide range of industries and uses.
About NASDAQ Capital Markets: Nasdaq is a global technology company serving the capital markets and other industries. Its diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. A diverse selection of over 4,000 companies chooses to list on Nasdaq's U.S., Nordic and Baltic exchanges, representing industries such as retail, health care, finance, and technology. In the U.S., Nasdaq is the listing venue of choice for many of the world's most exciting companies. The Nasdaq Stock Market has three distinctive tiers: The Nasdaq Global Select Market®, The Nasdaq Global Market®, and The Nasdaq Capital Market®. Applicants must satisfy certain financial, liquidity, and corporate governance requirements to be approved for listing on any of these market tiers.
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com is a publicly-traded company based in Seattle, WA (OTCPK:RLTR). ReelTime Media provides end-to-end production capabilities and discount media purchasing that is redefining how companies are evaluating and purchasing their TV, radio, print, and other new media. ReelTime is also is in the business of developing, producing and distributing Virtual Reality Content and technologies. We have an end to end production, editing, and distribution capabilities for internal and external projects. ReelTime Currently produces three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals, including Gear VR, Oculus, Veer VR, HTC Vive, YouTube 360, Facebook, and others. ReelTime Media also publishes the book "It Was Always Me! Edward Edwards, the Most Prolific Serial Killer of All Time," which has been the subject of a cover story on People Magazine, Rolling Stone, In Touch, and a six-part series on Paramount network, www.itwasalwaysme.com.
CONTACT:
Barry Henthorn
ceo@reeltime.com
SOURCE: ReelTime Rentals Inc
This time there is Munchie Magic and the stay at home mandates have helped this tremendously.
This week the accumulation will start again and then the Company will let us know what they have been doing and what has been accomplished. This is March Madness and we have seen the tip of the iceberg as far as where this can go. Although I have been buying on the way down I am now going to buy back in and continue to increase my position. Through the years this thing just keeps paying off and I keep getting more and more.
March Madness will be fun.
I bought at 55, again today at 3802
Now ten states posted today!
The outstanding is about 45 million. Look at the financials filed at www.otcmarkets.com or there is a link from the website if I remember.
Delivery is growing and so is Munchie Magic, Go BCCI.,
Well its a sign that there are eyeballs starting to get on it and it creates some very good buys like yesterday.
We will start with alcohol.
He said they would be completed in the next few weeks.
I got some at .55 and tried later at .5 but did not fill. Still what a great week so far in whole.
Roller coaster! Buy the dips.
They may need a little more but they are definitely on their way.
Maybe not yet but we are expanding. And alcohol will make the average sale go way up I imagine.
Its a short from ASCM and Nite. Take advantage. I am a buyer here for sure.
And we still are not even on the ticker buzz cloud.
Could hit a dollar! I mean TODAY!
Broken hearted at my gains. Not at 57 now is it?
Power hour coming.
With BCCI at a 18 month high by far I do not follow the tax loss statement. And that time has passed anyway. Once the 4s fall this will run like the others. I am a buyer at 4
We are STILL not ebven on the iHUb Buzz Cloud which means we are still b=very very much under the radar still. Unbelievable. We rae not on the MOMO boards, no Stockwitz coverage, and the hypsters have not even started to put us out there as if they g-had something to do with thie success. When those things happen and the strongs and longs hold, this is a rocket to NASDAQ without any reverse.
Whatever the past may or may not have been, these guys are getting their ship in order and this is fun fun fun.
Just look at sister Company RLTR and GLUC. Who knows but same players.
With all due respect. I have been here this long because I have been able to make significant advancements in my life and have made money time and time again as have several others that I communicate with regularly. Maybe practice makes perfect or maybe a leopard can not change his spots, but either way I am making very very significant returns on RLTR again and am way up here at BCCI just from steady accumulation as I have been able to do over the years. Sure there were buys that I lost on or at least were down on at one time but anyone who has bought either company in the past few years at any day is significantly up. And both Companies look stronger than at any time in the past few years as well.
It keeps pushing past 50 but has not been able to hold it. Likely it will push past again and it nearly hit 60 for a second.