Reeltime Rentals Inc (RLTR)

[EDCHEW]

No one voted him in as CEO (fact). This ihub investor revolt spurred on by his actions and the prodding by MF with the release of company docs has at least brought some response from who is actually in charge.

http://www.reeltime.com/investors

August 15, 2012

All Shareholders of

ReelTime Rentals, Inc.

Re: ReelTime Rentals, Inc.

Greetings Fellow Shareholders:

I am writing this letter to introduce myself and to shed some light on what has transpired at ReelTime Rentals, Inc. (“ReelTime”) over the past months. My name is James Hodge and I have been elected Chairman of the Board and CEO of ReelTime. I have extensive experience in the turnaround of businesses such as ours. I have been working on a consulting basis for Capital Consulting, Inc. of Delray Beach, Florida for the past ten (10) years.

First and foremost, I realize that ReelTime has had a lack of communication, to say the least. It is my goal to immediately improve communication level for all stakeholders. There are many tasks at hand. Most importantly is raising operating capital so the company can move forward in its business objectives. I am busy interviewing private equity firms to accomplish that goal. In the near future, we will have investor calls where you will be fully updated on the company's progress.

Finally, there is a need to establish a new management team to rebuild the company's inner core. Finding these qualified individuals is paramount.

I look forward to the challenges at hand and, rest assured, I will do my best to help our company emerge. Your patience is greatly appreciated. Working together as one, the company's value will be realized.

Best Regards,

James C. Hodge, Chairman and CEO
ReelTime Rentals, Inc.

JCH:elh