Combining Last Conference call with last 2 PR's:
"Deal will close by March 31st." "We are really in the home stretch." "It is the right deal." Would not have been if we closed a year ago. Much better for RTGV shareholders. Full steam ahead.
Impediment to the close has been removed. ANHL will no longer be the control company which means onerous hurdles of full GAAP Audit, etc have been removed.
Company has revenues and positive cash flow.
BMC, IpayU & WebPay, Digital-Clarity will be in place at the close on March 31st however we will not have a reverse split until we have the full complitment of companies and all preferred shares have been allocated. There will be a rolling conversion with new companies coming in. That process should take 6 to 12 months.
NMTV Signs Contract to Acquire UK Digital Marketing Agency
From the last PR:
RTGV (OTCBB: RTGV): NMTV has announced that on March 29th it will sign a contract to complete the acquisition of Digital Clarity (www.digital-clarity.com), a leading digital marketing company. Digital Clarity brings essential digital marketing skills to NMTV including search engine, social media and email marketing. In addition to providing services to other NMTV companies, Digital Clarity will continue growing its consultancy business with external clients. Digital Clarity has an impressive resume with many household names on its roster of happy customers. Current contracts with companies like Mercedes Benz, SMART and Bonusprint bear testimony to the quality of the agency's work and the agency's Managing Director, Reggie James, is forecasting aggressive growth to revenues of around $1m this year.
"After the close, we will be operating three divisions within NMTV: Media Systems, Payment Systems and Software & Services. Within each division, corporations like Digital Clarity will continue to operate autonomously executing their existing business plans, but with the extended reach and clout that comes from being part of a public company. We'll also be creating one or two new corporations to bring our media and payment systems technologies to market. On the media side, we'll be operating services for consumers as well as for other businesses and this is where Digital Clarity becomes so invaluable to us, not just for their marketing ability, but from the deep, deep understanding they have of online consumers and the ways they behave when buying.
Again the company reiterated there will be a share buy back program in place and stated the goal of uplisting to Nasdaq in 2 years is very attainable. After the close on March 31st, only RTGV will have free trading shares. ANHL, BMC, WebPay, IPayU will not have free trading shares.
Growth will come from acquisitions as well as organic. Our Electronic payment system utilizing the phone and internet is set up and ready to go with the Banking system in place to support the payment options. HUGE savings to merchants who are paying Visa, MC, and AMEX much higher rates. Customers will be billed through their phone and the merchant is billed a fraction of the cost of using traditional credit cards. They are currently busy setting up retail outlets and having great success. Dominic Hawes talked a little about the Media side and exciting things happening there. He admitted it's a bit more challenging but great progress has been made. Stage I is the foundation of NMTV in Europe and Stage II will be bringing over a successful business model from Europe to the US.
The company stated during the conference call there are Insitutions expected to come in post closing. They signed NDA's and it would be inappropriate for them to come in prior to the close.
Mood of the Principals was quite confident and upbeat IMHO.
Thank you Linda Perry, Barry Fludgate, and Dominic Hawes for your hardwork and transparent update. Thanks to the RTGV Shareholders for the questions and comments making this a productive, professional conference call.
NEXT Conference Call set for next Thursday, April 1st, 2010.
Date: Thursday, April 01, 2010
Start Time: 12:00 PM Central Daylight Time
End Time: 02:55 PM Central Daylight Time
Dial-in Number: 1-518-825-1300 (East Coast)
Participant Access Code: 593384
AI
