Reeltime Rentals Inc (RLTR)

[verjamb]

From reeltime.com website:
August 29, 2012

An open letter to shareholders of ReelTime Rentals,

In my introductory letter of August 15 2012, I promised we would communicate more often regarding the pertinent business of the company. Our website www.reeltime.com has been updated so your investor inquiries are sent directly to me. My email address is [e-mail].

Some of you have asked how I became the CEO & Chairman. I was elected within the bylaws of the corporation by resolution of the board of directors on July 6, 2012. I then assumed the role of Chairman after the resignation of Alison Baird.

Nothing has changed this past week. Why? Simply put, we needed to be certain that a dispute of who was in charge was in fact baseless prior to moving forward. We are now certain that such a claim has no validity and we now move ahead with a plan for the company as well as pursuing remedies without hesitation.

It is time, fellow stakeholders, to put the past behind and kick the door down into the future. The negativity is counter-productive and the present obstacles are not as bleak as one might be led to believe.

Over the last month, I have heard from several of you who have been extremely supportive and anxious for change. Although the obstacles we face are challenging, they can be resolved. It will take fresh capital investment, skilled, tactful negotiation and a strong presentation of our business plan.

Fellow shareholders, I look forward to working with you in rebuilding our business. Your support is greatly appreciated.

Best Regards,

James Hodge

Chairman & CEO