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The LA Journal contacted me the other day very interested in the recent RTGV PR and wishing to write an article on Steve Baughman and his recent venture of Heading Digital Clarity's new office in LA. I turned the info over to the company as I felt it was something they should certainly respond to. Steve and Reggie had an interview today and we all expect some very good free press soon. Once this office gets functional and Brand Entertain gets fully acquired LA should be a buzzing place for RTGV
Brand Entertain appears to have some very big plans. I suggest everyone do your DD on the individuals. Linda has moved at lightning speed getting the deal to an agreement. I assume now whats left is up to attorneys papering the deal in detail.
I am very confident about the direction of this new company just being born. I think the savy investors will show some patience here and as things are rolled out I believe strong change will take place.
My contact info is in the ibox If anyone wants to talk about RTG. I can handle about one call per week per person. I have a job and another business so that is the best I can do. I do not expect to post much but can be easily reached. Those that bash this company or principals in the company can expect me to ignore them as I work for this company and believe in their new direction. I am not saying I do not appreciate hearing about legitimate concerns or suggestions as they are very helpful in helping the company to the best of my ability. These discussions will not take place in forums but again I am reachable. All SEC filings should be read. RTGV is fully reporting with audited numbers. There have been ample pr's this year that have given additional info.
Impressive legal team!
seriously you guys need to read the pr and do the math and confirm with filings as they are fully reporting.
1. Reggie was paid in shares for the acquisition of Digital Clarity in preferred shares. That came down to roughly under 9m common
2. Neil converted all accrued salary in preferred shares which equates to 0.016 per share. I did not go back to see exactly what he was owned but do the math its all there
3. Linda has no preferred shares at this time, She did convert debt for equity funding on three occasions as detailed in previous filings which she received nothing in return. I confirmed this particular piece of info through e-mail with her
I received this quote several weeks back
"I sold my debt pre-Preferred Shares Designation and money went into Company.
So no, I didn't benefit at all, the Company did. I did not RECEIVE preferred shares for accrued debt, I recd nothing. "
I have been made aware by several people that false info on this topic is being sent around. Those mails have been sent to the company
Yes we do. Go back to the last two years 10K and you can see how much he was owed for accrued salary. He gave up his salary for preferred that convert to common based on 0.016 per share. Same PPS Reggie received for acquisition of Digital Clarity. Specific details in the PR which is stickied. The same info will be in the upcoming SEC filings
Yes but small potatoes as to what appears to be going on
This is one of the companies that Digital Clarity discussed in its recent PR. They created the website, graphics, and will handle the SEO. It is a start up company that expects to expand quickly. This weekend they hit the road with their first event. It will have a changing website weekly with pictures and videos. This company represents a great opportunity for DC to expand into the US because they will franchise their entertainment units and DC will be recommended to all clients for website development, social media, and SEO services
http://www.epicgameparty.com/
Digital Clarity Announces New Wins to Expand Into Growing US Digital Market
http://finance.yahoo.com/news/digital-clarity-announces-wins-expand-164500100.html
Excuse me I am IR for the company and been so for almost a year
Few weeks for next pr?? ..that I doubt heavily
RTG Ventures Share Structure Requirements for 2012 to Enhance Shareholder Value
NEW YORK, March 8, 2012 /PRNewswire/ -- RTG Ventures, Inc. (OTCQB:RTGV.PK - News), in order to remain flexible and ready to take advantage of recent exciting events as we continue to seek an acquisition as well as business combinations (which may or may not require equity participation), is raising its Authorized Shares to 750,000,000. Many times in a "transaction" between companies, a share exchange is required, and the company wants to be ready to take advantage of any positive developments that may arise as quickly and smoothly as possible. This raise in the Authorized Shares gives us that flexibility to increase shareholder value.
In addition, some recent and very positive events in regard to our balance sheet have also required this action by the company. To give a brief synopsis of what has transpired, RTG Ventures share structure was increased in June, 2011 to 500,000,000 common shares as prudent contingency planning. The lenders who provided 5 tranches of short-term convertible debenture funding required a reserve of shares based on 4 or 5 times the market price, adjusted periodically if the share price decreases.
The reserve requirement must continue to be maintained during the conversion hiatus period. As such, when the last filing of RTG's 10-Q took place on January 17th, the outstanding was 238,868,865 common shares and the reserve was 236,251,795 shares; and, as such, RTG Ventures was precariously close to the 500,000,000 Authorized Shares in place. This situation was much too tight according to RTG's professional advisors. Even though the intent is to pay the debt in cash within 6 months time and nothing has changed in that regard, the reserve must be maintained contractually until it is paid in full.
Because of the occurrence of these events occurring in such a short amount of time, as a contingency at the Board Meeting held in London on January 26, 2012, the company raised the Authorized to the 750,000,000 mentioned above, but did not file the action until this week. After the Board considered all factors involved, a decision was made to follow the advice of the company's professional advisors.
Additionally, the enhancements to the balance sheet including the acquisition of Digital Clarity and the debt swap for equity, both into Preferred Shares through a Preferred Share Designation initially, with a conversion to common shares ultimately, requires that the requisite number of common shares be maintained in the event of the conversion of all of the Preferred Shares. The conversion can only take place under Rule 144; thus a full conversion would take years, or the Preferred Shares could be retained and never converted. This is the mark- to-market rule which may seem draconian, but is the regulation nevertheless.
RTG Ventures is now positioned to be nimble as it continues to enhance the balance sheet and step up its organic business development with new customers while growing with a prospective acquisition(s). Exciting times ahead!
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.
Investor Relations Contact Information
David Marioni
First State Internet Services
Wilmington, DE 19804
Tel: 302-983-8196
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
Great job by Linda Perry her bio speaks for itself as to what she is capable of. Think of this analogy Our greatest home run hitters had their share of strike outs. They can hit it out of the park at any time.
Considering the current endeavors by the company I like this part
from 2001-2002, she was the senior advisor to the Board of Directors of The Balli Group, where her role was to integrate the acquisition of Klockner & Co. The acquisition resulted in the creation of the world's largest steel, multi-metal, distribution and trading company.
Linda Perry | Executive Director, Chair, Nomination/Compensation & Audit Committees
Before April 1, 2010, Linda Perry served as President, Chief Executive Officer and a Director of RTG Ventures, Inc., a position she had held from September 1, 2003 excepting the period from April 19, 2005-April 24, 2006. She has had an extensive career in global and entrepreneurial businesses. Prior to that time, from 2001-2002, she was the senior advisor to the Board of Directors of The Balli Group, where her role was to integrate the acquisition of Klockner & Co. The acquisition resulted in the creation of the world's largest steel, multi-metal, distribution and trading company.
Between 1999-2001, she was appointed a director and a member of the Executive Committee of Churchill Insurance Group, Plc., a division of the Credit Suisse Group. Ms. Perry was President of GWR Enterprises, Inc., from 1997-1999, focused on new business opportunities through private equity and special situation investments. She was a senior executive at ExxonMobil Corporation from 1983-1996, holding general management positions with global responsibility in finance, marketing and organization (described as corporate governance, management succession and executive compensation.) The latter role was under the aegis of the Board of Directors, entitled Compensation, Organization and Executive Development Committee/COED, of which she was a member. Ms. Perry holds an MBA from Harvard University.
She has been a visiting lecturer/professor at IMD, Lausanne, Switzerland, INSEAD, Fontainebleau, France and the Stern School of Business at New York University throughout her career
incredible numbers guys looking like IVFH has finally arrived. Looking at the filings appears this should have in the neighborhood of a 10M cap
Reggie is arriving tomorrow from what I have heard due to the Easter holidays. Principals will be in meetings all week long
This is the PR that was released when they raised the AS to 750M
RTG Ventures Share Structure Requirements for 2012 to Enhance Shareholder Value
http://finance.yahoo.com/news/rtg-ventures-share-structure-requirements-163800733.html
Best post I seen in a while
I think you need to take a look again become familiar with the IRP page before making inaccurate statements. There is a history of files on my IRP that has been updated at least once per month over almost a years time. There is a show history link at the bottom of the page which is not only dated it is time stamped. My compensation has been in the first paragraph every single update. Actually it has been listed twice in the first paragraph to avoid anyone from missing it
Great cartoon! I am saving this one
I do not recall stating that I expect a pr by end of week. I do hope for one next week. They will put out a PR when they can. I do know the company is in LA as of Thursday and will remain in LA the entire next week. Meetings with various companies and the acquisition candidate will take place through the entire week. No doubt the company is working very hard to vertically integrate new partners and get this acquisition completed to the point they can release details. They appear by the last PR to be close. We all hope they are successful as this is a very important juncture for the company and the shareholders.
Best of luck and happy holidays to all
trading name is a name under which a company is allowed to do business which may also be a brand.
It is not a trademark.
I have a couple examples myself in The US. I Just set up two LLC companies. The name of those companies had to be searched and approved. However I could additionally take names by which we can do business as. To my knowledge these names were not searched or approved by the state of incorporation.
Thanks I did follow up on this. First of all all edits to websites that were complied by shareholders have been fixed.
Your question the answer is
Both accurate.
The name of Cloud Channel Limited was changed to RTG Ventures (Europe). It holds 100pct of shares as a holding company for Europe owned by RTG Ventures, Inc. See 8-K of July, 2010 and Sept, 2010.
Digital Clarity is the trading name of Stylar, Limited, a wholly owned subsidiary of RTG Ventures. Inc through RTG Ventures (Europe) Limited its European
I compiled a list of edits taken from several people today. Will submit them for change. Thanks to everyone especially hat12trick and yourself
According to recent press releases by RTGV we clearly have solid potential to get news in the short term regarding the company finalizing
An Acquisition
New Partnerships
Long Term funding
Yes indeed Passover as well
I think this is the kind of expectation that can set the stock up for trouble. It is Easter this weekend that slipped my mind momentarily. I doubt there will even be meetings until the following week. There inded is a big plan being constructed involving more than just the target acquisition. Depending on the level of execution will determine how far we can go and when. Let's please give them time and stay away from time stamps on any announced developments. This is what caused the last run serious trouple
Patience.It appears clear the company is very confident and progressing very well so far.
Aderra is not becoming a public company. Yes they may be in the vertical integration Linda is putting together but their tweets do not effect RTG time lines
Lets look at this logically this time. Linda and Neil will go to LA on Thursday. It sounds to me like Reggie is making a separate trip to potentially finalize a commercial deal with another company. One of the ones mentioned that Linda wanted to vertically integrate. Reggie does not have to be in the acquisition meetings.
I assume those meetings could last as long as through the weekend. Then if a final deal is agreed upon the attorneys likely have work to do. Surely they have other clients other than RTG so we would likely be on their time table. A PR of this magnitude needs to be carefully drafted and reviewed. My experience has taught me its good to sit on a draft a day or two making edits. Lets try and avoid setting our own time frames here. I do agree though according to the PR a final decision is near it won't be a string a long. We will most likely not get an LOI. "If" the deal is executed a after market PR would be well served IMO. If this deal is executed it is a new beginning for this company and just a start
good luck to everyone
I box is up to date. Always good to read the Bio of the directors. Since RTG is clearly in final stages of a potential acquisition it is good to point out this from her bio for all new readers
"she was the senior advisor to the Board of Directors of The Balli Group, where her role was to integrate the acquisition of Klockner & Co. The acquisition resulted in the creation of the world's largest steel, multi-metal, distribution and trading company."
RTG Ventures Strengthens the Balance Sheet With Board Actions
NEW YORK, March 7, 2012 /PRNewswire/ -- Following RTG Ventures, Inc.'s (OTCQB:RTGV.PK - News) 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.
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.
Digital Clarity Announces New Wins to Expand Into Growing US Digital Market
LONDON, March 19, 2012 /PRNewswire/ -- RTG Ventures (OTCQB:RTGV.PK - News) wholly owned lead marketing and development agency Digital Clarity, today gave details of two new business wins this year to pave the company's expansion plan into the growing US digital market.
The two new wins are:
Epic Events & Entertainment LLC - A mobile entertainment video game vehicle company, that provides video gaming solutions for the home and corporate entertainment arena. Based in Tunnel Hill, Georgia, the company will franchise customized mobile entertainment units and distribute throughout the US and eventually, London. One of the company's founders, Mike Johnson said, "We approached Digital Clarity to provide brand development and online customer acquisition as they came highly recommended from a close and trusted business associate. They have so far exceeded our expectations and we hope to work closer with them as they expand their US business alongside ours."
TSW Alloy Wheels - based in Huntington Beach, California are a major supplier of racing technology inspired alloy wheels. Many TSW wheels are named after past and present Formula One tracks and the company pioneered the race-inspired hex nut look. With famous styles such as Carthage, Brooklands and the Indy 500, TSW Wheels has distribution worldwide, with primary markets in North America, Europe, South America, & Australia. TSW has several different brands that target specific vehicles. Digital Clarity is providing Search Engine Optimization (SEO) services for Huntington Engineered Alloys, a TSW brand that designs and manufactures wheels for modern muscle cars.
Speaking on the wins Reggie James, Executive Director and SVP Marketing & Communications said, "It is very encouraging that two new clients have been added to our roster at this time. Once our offices are established in Los Angeles and New York, the outreach will be significant as well as building on our existing partnerships and alliances." He added, "We have a great opportunity to provide the same services to all of Epic Entertainment's franchised clients and as RTG Ventures continues with the execution of its business plan, in both new business wins and intelligent investment opportunities for expansion of our operation, we have been holding meetings with individuals and institutions following the recent attendance at the National Investment Bankers Association conference in February."
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.
Do not know how that is possible no one knew
My best guess is there would be no LOI there will either be a final agreement prd or no deal. I find that clear in the pr
I do not think the trading had anything to do with timing of news. The news came as soon as they were able to release it.
Linda Perry | Executive Director, Chair, Nomination/Compensation & Audit Committees
Before April 1, 2010, Linda Perry served as President, Chief Executive Officer and a Director of RTG Ventures, Inc., a position she had held from September 1, 2003 excepting the period from April 19, 2005-April 24, 2006. She has had an extensive career in global and entrepreneurial businesses. Prior to that time, from 2001-2002, she was the senior advisor to the Board of Directors of The Balli Group, where her role was to integrate the acquisition of Klockner & Co. The acquisition resulted in the creation of the world's largest steel, multi-metal, distribution and trading company.
Between 1999-2001, she was appointed a director and a member of the Executive Committee of Churchill Insurance Group, Plc., a division of the Credit Suisse Group. Ms. Perry was President of GWR Enterprises, Inc., from 1997-1999, focused on new business opportunities through private equity and special situation investments. She was a senior executive at ExxonMobil Corporation from 1983-1996, holding general management positions with global responsibility in finance, marketing and organization (described as corporate governance, management succession and executive compensation.) The latter role was under the aegis of the Board of Directors, entitled Compensation, Organization and Executive Development Committee/COED, of which she was a member. Ms. Perry holds an MBA from Harvard University.
She has been a visiting lecturer/professor at IMD, Lausanne, Switzerland, INSEAD, Fontainebleau, France and the Stern School of Business at New York University throughout her career
I see the board is over run with mis representations today. The company is under a NDA which leaves me with not much to say yet. I still hold my position. The massive momo we exparienced recently came from trader groups I assume. So many high in the sky expectations with un reasonable time frames came with them.They took over the board which was good to see. Not a good time for me to post for obvious reasons. I will post when I have something to say publicly that has not already been said. I Remain available for shaeholders that contact me as long as the communications are acceptable to me.
Best of luck to all
PS
I post very little now period especially on other stocks I own.
I agree. If the company executes the deal they are working on along with long term funding this should have an impact much stronger than any promo. These executed events if they occur should bring a entirely new cast of investors. Promos are good for a quick spike but along with them come credibility issues more often than not. If the company ran a promo now I think investors would say hmmmm. This company is trying to rise on its own merits whether successful or not. With the company under a very serious NDA a promo could not even be a consideration anyway. They are tight lipped and need to remain that way until they are able to publicly release results good or bad. The gamble is do they execute this deal or not and how good will it be. There is plenty of news and public DD available to help make a choice. The Ibox is up to date and provides a great place to begin DD. Rumors/speculation seem to run wild here both good and bad at times. Plenty of mis information can get mixed in at times. I am available to discuss any issues best I can as they arise. My contact info is in the ibox
Linda remains in La as meetings continue next week
Best of luck to everyone with an interest
I could not agree with you more. I. Believe the overall market would concur as well.
I would have no way of knowing that. Company is under a NDA! I bet these meetings this week will shed light on your question once the company is ready to talk.
I doubt that since Linda did not arrive until yesterday evening. West coast is now 7:00 AM. Likely meetings begin sometime today