Reeltime Rentals Inc (RLTR)

[Louied91]

$RLTR ReelTime VR, Bungalo Records, and AMJ GLOBAL ENTERTAINMENT Sign Collaboration LOI to Create Immersive VR Experiences Promoting Events, Artists, and/or Products

https://www.otcmarkets.com/stock/RLTR/news?id=318817

SEATTLE, WA / ACCESSWIRE / August 31, 2021 / Reeltime Media (OTC PINK:RLTR) has reached an agreement and signed a Letter of Intent (LOI) with Bungalo Records Inc., and AMJ GLOBAL ENTERTAINMENT, L.L.C. whereas the parties will collaborate in an effort to Create Immersive VR Experiences Promoting Events, Artists, and/or Products.

Collectively they intend to explore various projects to incorporate ReelTime's Virtual Reality technologies, and production methodologies, incorporating Bungalo's and AMJ's vast access to top artists, concerts, industry icons, and merchandising, utilizing the combined publishing and distribution capabilities of the parties.

Barry Henthorn CEO stated: "Being able to work directly with such established and accomplished industry staples such as Bungalo and AMJ to bring the ReelTime VR experiences of top artists to audiences worldwide is not only rewarding artistically, but furthering our monetization capabilities is expected to positively impact our bottom line. We look forward to moving ahead with a combined effort."

Paul Ring, Bungalo Records President exclaimed: "It is imperative in our industry to be aware of companies and trends that shape its evolution. We are ecstatic to be working with ReelTime VR so that we may set trends instead of merely following. This could be a very impactful relationship not only to our companies but across industries beyond entertainment."

AMJ/Bungalo may provide access to artists, products, events, and other business connections in order to mutually evaluate various projects.

Bungalo Records is a record label and distribution company. https://bungalorecords.com/ It has a rich history spanning over 21 years including music legends Patti Labelle, Eddie Money, Heavy D, jazz legends Stanley Clarke and Ronnie Laws among many others.

AMJ GLOBAL ENTERTAINMENT https://www.amjglobal.com/ is in the business of managing and publishing music and other artists, distribution, investment, Advisory Components, as well as providing high end security services.