STOCK TITAN

REELTIME RENTALS INC - RLTR STOCK NEWS

Welcome to our dedicated page for REELTIME RENTALS news (Ticker: RLTR), a resource for investors and traders seeking the latest updates and insights on REELTIME RENTALS stock.

ReelTime Rentals, Inc. (RLTR) is a publicly-traded company based in Seattle, WA, known for its subsidiary ReelTime Media/ReelTime VR. The company offers end-to-end production capabilities, discount media purchasing, and virtual reality content development. Recent financials show a significant increase in net income and a decrease in operating expenses. CEO Barry Henthorn highlights the commitment to increasing shareholder value through debt reduction, revenue growth, and business expansion.

Rhea-AI Summary
ReelTime VR/ReelTime Media (RLTR) reported significant financial improvements for the nine months ended September 30, 2023, compared to the same period in 2022. The company achieved a debt extinction of $1,129,025 without dilution, a net income increase of $2,094,981, and a $600,648 decrease in operating expenses due to reduced stock-based compensation for its CEO and others. These positive results reflect the company's efforts to enhance shareholder value, reduce debt, minimize dilution, increase revenues, and expand its business operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.4%
Tags
none
-
Rhea-AI Summary

ReelTime VR (OTC Pink: RLTR) has produced an engaging race video featuring the Kelce brothers for viewers attending the Super Bowl at State Farm Stadium. This dynamic presentation showcases E-Cite Motors' new all-electric sportscar, the EV-GT, where two cars compete on a test track, symbolizing the Kelce brothers' matchup in the game. The public can view the final results after the Super Bowl. The collaboration highlights the Kelce brothers' accomplishments, with Jason of the Eagles and Travis of the Chiefs both being Pro Bowl players and Super Bowl champions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.33%
Tags
none
-
Rhea-AI Summary

VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), announced that its EV-GT sportscar is showcased in the Kelce Stadium Showdown during the Super Bowl. The event features two EV-GTs racing, with the winner determined by the Kelce brothers' performance in the football game. COO Gene Langmesser expressed enthusiasm for the exposure of the affordable electric sportscar to Super Bowl attendees. The showdown's video will be viewable after the game. E-Cite has recently acquired full ownership of several automotive companies, enhancing its production capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.33%
Tags
none
Rhea-AI Summary

ReelTime VR (OTC Pink:RLTR) will present a Virtual Reality racing experience featuring E-Cite Motors Group (OTC:VAPR) vehicles at the SEMA Show from November 1-4, 2022. Attendees can race E-Cite vehicles for prizes and daily awards for the fastest lap. The E-Cite booth is located in the media hub of the show, known as "Celebrity Row." CEO Barry Henthorn expressed enthusiasm for the partnership with E-Cite, highlighting the exceptional quality of provided design elements. The SEMA Show is a major automotive industry event, not open to the public.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.11%
Tags
none
-
Rhea-AI Summary

VaporBrands International (OTC Pink: VAPR) announced a Virtual Reality racing experience at the SEMA show from November 1-4, 2022. This event, featuring E-Cite vehicles, will be showcased at booth 10225, located in the media hub of the show. Developed by ReelTime VR (OTC: RLTR), the competition allows attendees to race E-Cite vehicles, with prizes for the best lap times. The company aims to provide detailed information about its vehicles and significant announcements for those unable to attend. E-Cite expects to deliver its first production vehicles for the 2023 model year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.11%
Tags
none
-
Rhea-AI Summary

ReelTime VR (OTC PINK:RLTR) recently announced that the USPTO has allowed seven additional claims in its continuation patent for the Simultaneous Spherical Panorama Image and Video Capturing System. This decision broadens the patent's protections, enhancing its enforceability against infringements and benefiting from the parent patent's priority date. The new claims significantly strengthen ReelTime's position in the 360 VR technology market, with the patent set to expire on March 23, 2038. CEO Barry Henthorn hailed this milestone as crucial for the company's intellectual property strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.61%
Tags
none
Rhea-AI Summary

ReelTime Rentals, Inc. (OTCPK:RLTR) has been upgraded to the Current Information Pink tier by OTC Markets Group, marking a significant milestone for the company. This achievement comes after filing amended financial disclosures and obtaining an attorney letter confirming compliance with current reporting standards. The Current Information tier is the highest designation for non-reporting companies and demonstrates ReelTime's commitment to transparency and investor communication. CEO Barry Henthorn expressed optimism about this upgrade, indicating improved communication within disclosure guidelines.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.33%
Tags
none
-
Rhea-AI Summary

Baristas Coffee Company (OTC PINK:BCCI) has launched its MiniBar Magic virtual liquor store, partnering with DoorDash for home delivery of hard alcohol, beer, wine, and snacks. This initiative follows the success of Baristas' 'Munchie Magic', which has seen increased alcohol orders alongside ice cream and snacks. CEO Barry Henthorn noted a significant demand for alcohol delivery. Additionally, Baristas expanded its technology agreement with ReelTime Media (OTC PINK:RLTR) to develop the Thai Dah virtual restaurant.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
-
Rhea-AI Summary

ReelTime VR/ReelTime Media (OTC:RLTR) has confirmed its intention to transition to the NASDAQ Capital Market, having met all preliminary requirements. The company has secured the rare two-letter ticker symbol "RT", valid until March 11, 2022. Throughout this process, ReelTime will continue trading under its current OTC symbol. CEO Barry Henthorn emphasized ongoing commitment towards the listing process, stating that their previous silence should not be misinterpreted as a lack of progress. The NASDAQ Capital Market offers vital capital access for business growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
Tags
none
Rhea-AI Summary

Baristas Coffee Company (OTC PINK:BCCI) is set to open its third restaurant, Thai Dah, near Seattle-Tacoma International Airport in November. This new location aims to serve the growing demand along the I-5 corridor, capitalizing on nearby hotels and residential areas. Thai Dah delivers authentic Thai cuisine via platforms like Uber Eats and Grub Hub, leveraging a global technology licensing agreement with ReelTime Media (OTC PINK:RLTR) to enhance its operations. With over 50 locations opened in the last year, Baristas continues to expand its footprint in the virtual restaurant space.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.13%
Tags
none

FAQ

What is the current stock price of REELTIME RENTALS (RLTR)?

The current stock price of REELTIME RENTALS (RLTR) is $0.0078 as of October 10, 2024.

What is the market cap of REELTIME RENTALS (RLTR)?

The market cap of REELTIME RENTALS (RLTR) is approximately 1.2M.

Where is ReelTime Rentals, Inc. based?

ReelTime Rentals, Inc. is based in Seattle, WA.

What services does ReelTime Media/ReelTime VR offer?

ReelTime Media/ReelTime VR provides end-to-end production capabilities, discount media purchasing, and virtual reality content development.

What were the key highlights of ReelTime's recent financial report?

ReelTime reported an increase in net income and a decrease in operating expenses, attributed to debt extinguishments and cost reductions.

Who is the CEO of ReelTime Rentals, Inc.?

Barry Henthorn is the CEO of ReelTime Rentals, Inc.

What is the stock symbol of ReelTime Rentals, Inc.?

The stock symbol of ReelTime Rentals, Inc. is RLTR.

What is the primary focus of ReelTime Rentals, Inc.?

ReelTime Rentals, Inc. focuses on increasing shareholder value, reducing debt, expanding revenue streams, and developing virtual reality content.

How can I contact ReelTime Rentals, Inc. for more information?

You can contact ReelTime Rentals, Inc. via email at ceo@reeltime.com.

What is the website of ReelTime Rentals, Inc.?

The website of ReelTime Rentals, Inc. is www.reeltime.com.

What sets ReelTime Rentals, Inc. apart from competitors?

ReelTime Rentals, Inc. stands out for its comprehensive production capabilities, media purchasing discounts, and focus on virtual reality content development.

What are the future goals of ReelTime Rentals, Inc.?

ReelTime Rentals, Inc. aims to further reduce debt, increase transparency, grow income, and expand its asset base to create long-term value for shareholders.

REELTIME RENTALS INC

OTC:RLTR

RLTR Rankings

RLTR Stock Data

1.15M
70.98M
Entertainment
Communication Services
Link
United States of America
Kenmore