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 (RLTR) delivers integrated media production solutions and cutting-edge Virtual Reality content creation. This news hub provides investors and industry professionals with essential updates on corporate developments, strategic initiatives, and operational milestones.
Access official press releases detailing earnings reports, media purchasing innovations, and VR project launches. Track the company's progress in merging traditional advertising services with emerging technologies through verified announcements and financial disclosures.
Key updates include production capacity expansions, partnership agreements, and technological advancements in content distribution. The curated news collection enables stakeholders to monitor cost management achievements and market positioning strategies in the competitive media technology sector.
Bookmark this page for real-time updates on RLTR's dual focus areas: optimizing discount media purchasing frameworks and pioneering immersive VR experiences. Regular updates ensure informed analysis of the company's financial discipline and creative service offerings.
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.
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.
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.
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.
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.
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.
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.
Baristas Coffee Company announced the opening of its second Thai Dah location near Joint Base Lewis-McChord (JBLM) to serve Thai food to military personnel and local residents. This expansion follows a successful launch of their virtual restaurant model. CEO Barry Henthorn emphasized the significance of serving military families. The new Thai Dah location will utilize third-party delivery services like Uber Eats, Grub Hub, and Door Dash, leveraging technology and marketing assistance from their partner ReelTime Media, enhancing operational efficiency and customer access.
ReelTime VR/ReelTime Media (OTC PINK:RLTR) reported an increase in revenues from its technology license with Baristas (OTC PINK:BCCI) for its virtual restaurants, Munchie Magic and Thai Dah. CEO Barry Henthorn stated that Munchie Magic's growth continues effectively, while Thai Dah began generating revenue in October. Over 50 Munchie Magic locations have been established in 10 states, partnering with delivery services like DoorDash and GrubHub. ReelTime receives a transaction fee of $0.35 in perpetuity under the licensing agreement.
Baristas Coffee Company (OTC PINK:BCCI) reported record revenues in October driven by its Munchie Magic virtual restaurants, which offer products including Ben & Jerry's ice cream, alcohol, and snacks. Revenues more than tripled from October 2020, with strong alcohol sales boosting overall performance. The company opened 6 new Munchie Magic locations and its Thai Dah virtual restaurant, further enhancing revenue streams. Collaborations with delivery partners like DoorDash and GrubHub continue to facilitate growth. The expansion of technology partnerships is also significant.
