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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.
Baristas Coffee Company (OTC PINK:BCCI) has been upgraded to "Limited Information" by OTC Markets, one step below the highest designation of "Current Information." This upgrade follows the completion and filing of its Q1 2021 Quarterly Report, fulfilling OTC Markets' basic disclosure guidelines. Baristas has reported exceeding 2020 sales records for its White Coffee pods on Amazon and back-to-back record sales weeks for its Munchie Magic virtual restaurant, which now offers alcohol deliveries. An attorney letter is expected to further upgrade BCCI’s market status.
Baristas Coffee Company (OTC PINK:BCCI) has filed its 2020 Annual Report to OTC Markets as part of its plan to upgrade its market designation. The company aims to submit its Q1 2021 report shortly, which will be reviewed for compliance with OTC guidelines. Notably, Baristas reported that its White Coffee single-serve pods have surpassed total sales for 2020 on Amazon. Additionally, their virtual restaurant, Munchie Magic, has recently achieved record sales, including hard alcohol delivery in states where permitted. The company works in partnership with ReelTime Media (OTC PINK:RLTR) for innovation in their business model.
Baristas Coffee Company (OTC PINK:BCCI) has filed updated financials on OTC Markets to enhance transparency and meet criteria for a higher designation. This is part of a series of filings aimed at upgrading its status within a week. Additionally, Baristas reported record sales for its White Coffee pods on Amazon, surpassing 2020 figures, and noted strong performance from its virtual restaurant Munchie Magic, which has introduced alcohol delivery. Baristas aims to solidify its market presence and shareholder trust through these strategic moves.
ReelTime VR/ReelTime Media (OTC PINK: RLTR) announced the expansion of its 'LoudMouth News' from terrestrial radio to ReelTime TV, increasing its reach to over 150 million potential viewers with the addition of Apple TV. The program has transitioned from a marijuana-focused news format to a broader range of impactful topics. Currently aired on over 700 US and 128 Canadian radio stations, LoudMouth News also has a presence on YouTube and all major podcast platforms. CEO Barry Henthorn emphasizes this shift will attract more sponsors and advertisers.
Baristas Coffee Company (OTC PINK:BCCI) has begun filing updated financials to improve its standing on the OTC Markets. These financials include enhanced disclosures to meet the highest levels of the OTC Markets. The Company aims to complete all filings in two weeks for an upgrade. Additionally, Baristas reported record sales growth for its White Coffee single-serve pods on Amazon and its virtual restaurant, Munchie Magic, has achieved record sales with the introduction of alcohol delivery in compliant states.
ReelTime VR/ReelTime Media (OTC PINK:RLTR) has appointed LaVonne Henderson as National Media Broker to enhance its Discount Ad Brokers sales force amid rising demand post-pandemic. With over 25 years of experience in advertising sales across various media, Henderson has partnered with major brands including United Healthcare and Kaiser Permanente. CEO Barry Henthorn expressed confidence that her expertise will increase revenues and validate their business model. ReelTime focuses on redefining media purchasing and producing VR content, providing comprehensive production capabilities.
ReelTime VR/ReelTime Media (OTC PINK:RLTR) is expanding its media sales force to meet a surge in demand from the hospitality and travel sectors. Following pandemic-related restrictions, the company is experiencing strong revenue growth driven by increased travel for business and leisure. The new sales team is set to begin full operations next week, aiming to capture the opportunities unveiled by the return to travel. CEO Barry Henthorn emphasizes the importance of enhancing sales efforts to accommodate unprecedented demand from these sectors.
Baristas Coffee Company (OTC PINK:BCCI) has reported record sales for its White Coffee single-serve pods, surpassing total 2020 sales on Amazon in just five months. The surge follows improved production capacity and Amazon's increased inventory allocation. Baristas aims to double its 2020 sales by year-end. Additionally, the company's Munchie Magic virtual restaurant has achieved record sales by delivering alcoholic beverages. Baristas is recognized as the leading seller of white coffee pods and has gained attention through media exposure.
ReelTime VR (OTC:RLTR) has successfully negotiated a settlement reducing potential dilution by 20 million shares. Originally, 25 million shares were to be issued over five years, but this has been renegotiated to just 5 million shares. This agreement aligns with ReelTime's ongoing debt restructuring as it prepares for a NASDAQ listing. CEO Barry Henthorn emphasized that this move is expected to enhance shareholder value. Additionally, ReelTime is expanding its media presence through acquisitions and plans to launch new channels, further aiming for growth and investor confidence.
ReelTime VR (OTC: RLTR) has successfully reduced potential share dilution by 20 million shares through a negotiated settlement with a key supporter. Originally, an agreement from July 2018 included the issuance of 25 million shares over five years, now renegotiated to 5 million shares. This adjustment aligns with the company's debt restructuring efforts as it prepares for a potential NASDAQ Capital Market listing. CEO Barry Henthorn expressed optimism regarding shareholder value growth. Additionally, ReelTime has made strategic acquisitions and is expanding its reach across major streaming platforms.
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