InvestorsHub Logo
Followers 9
Posts 1033
Boards Moderated 0
Alias Born 01/16/2006

Re: Agent1107 post# 202312

Thursday, 09/14/2006 1:10:20 PM

Thursday, September 14, 2006 1:10:20 PM

Post# of 286288
rltr is a pinky with hardly any revenue and not nearly as much going for them as GnF. yet, rltr's market cap is about even with GnF. why? even though they are not worth nearly as much as GnF, the CEO of rltr did the right thing to attract investors to the stock:

Press Release Source: ReelTime Rentals, Inc.

ReelTime Significantly Reduces Authorized Shares, Also Retires 4,700,000 Shares
Tuesday August 15, 8:30 am ET


SEATTLE, WA--(MARKET WIRE)--Aug 15, 2006 -- ReelTime Rentals, Inc., http://www.reeltimetv.net (Other OTC:RLTR.PK - News), the first broadband network offering a true full screen, DVD quality, "point, click and watch" online television experience, announced today the Company passed the necessary board resolution to significantly reduce its authorized shares, from 500,000,000 to 150,000,000, a reduction of 350,000,000 shares, effective immediately. In a related move, the company announced the retirement of 4,700,000 shares.
"We have been communicating a constant message to all our shareowners: namely, we believe our business has absolutely tremendous upside and, importantly, we want all our shareowners to realize they are our partners," said Barry Henthorn, CEO of ReelTime Rentals, Inc. "By limiting the Authorized shares to 150,000,000, we are further committing and moving toward our goal of maximizing our shareowner value as much as possible. It is our shareowners who stand to benefit the most in ReelTime's success and good fortune," Henthorn said.

ReelTime's mission is to deliver diverse programming over its online network, enabling viewers to watch whatever they choose, anytime and anywhere they choose, through a broadband connection. To do this ReelTime uses proprietary technology that delivers streaming content, allowing users to view programming on any full size television screen in DVD quality, without having to wait for a download. Users can fast forward, pause or rewind the program, controlling every aspect of their viewing experience. ReelTime's technology is the next generation of online viewing, designed with the built-in capacity to scale up for unlimited growth. For more information, go to www.reeltimetv.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, intended to be covered by the safe harbors created thereby. Investors are cautioned that forward-looking statements involve risks and uncertainties. Although ReelTime Rentals, Inc. believes the assumptions underlying forward-looking statements contained herein are reasonable, any assumption could be inaccurate, therefore there is no assurance that forward-looking statements included herein will prove to be accurate, and inclusion herein should not be regarded as representation by ReelTime Rentals or other persons that objectives and plans of ReelTime Rentals, Inc., will be achieved.



Contact:
CONTACT:

IR
Michael Gersh
(206) 219-6889



--------------------------------------------------------------------------------
Source: ReelTime Rentals, Inc.