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.
VaporBrands International, Inc. (OTC PINK:VAPR) announced the expansion of its Oasis Spectrum premium oil line, launching two new products following positive feedback on their previous massage oil. The new offerings utilize proprietary formulations featuring high-quality CBD, almond, and apricot oils. Available at Oasis Spectrum and VAPR's website, these products aim to enhance healthy lifestyles. CEO Eleanor Hodge noted the expansion is expected to boost revenues, while ReelTime Media (OTCPK:RLTR) supports product marketing in exchange for commissions and shares.
ReelTime VR/ReelTime Media (OTC PINK:RLTR) has acquired 100% of LoudMouth Media Inc. from CBMJ for 1.0M shares of Restricted Common Stock. This acquisition enhances ReelTime's media offerings, capitalizing on LoudMouth's established distribution network that reaches over 700 radio stations in the USA and 128 in Canada. CEO Barry Henthorn anticipates expanding content and distribution significantly. The acquisition aligns with ReelTime's strategy towards media asset growth, while CBMJ aims to integrate its operations post-acquisition.
ReelTime VR/ReelTime Media (OTC:RLTR) announced plans to expand its TV channels to Apple TV, aiming to reach over 140 million active monthly users, including 50 million Amazon Fire TV viewers and 51.2 million Roku users. CEO Barry Henthorn emphasized the importance of Apple TV for increasing distribution and viewership. Additionally, ReelTime is seeking a transfer to NASDAQ, having completed required applications and engaged Pinnacle Accountancy for an audit. The company has also entered a licensing agreement with Baristas for its Munchie Magic brand, providing a transaction fee for each use.
Baristas Coffee Company (OTC PINK:BCCI) announced record sales of its White Coffee single-serve pods, surpassing pre-pandemic levels. Sales initially dropped due to production challenges and limited inventory on Amazon, which has now increased allocation significantly. The company cites improved production capabilities as a key factor in this surge. Additionally, Baristas' virtual restaurant, Munchie Magic, has achieved record sales weeks, particularly after adding alcohol delivery options. ReelTime Media (OTC PINK:RLTR) continues to support Munchie Magic's growth through data integration and technological advancements.
ReelTime VR (OTC:RLTR) is launching ReelTime Media channels on Amazon Fire TV, expanding its reach alongside existing Roku channels. This move taps into a potential audience of over 100 million active Fire TV users each month, enhancing advertising opportunities. CEO Barry Henthorn highlighted this step as a way to monetize productions and attract advertisers. The company is also in the process of transferring to NASDAQ, having engaged an audit firm to meet listing requirements, and has secured a technology license agreement with Baristas that will generate ongoing revenue.
ReelTime VR (OTC PINK:RLTR) has announced the upcoming launch of its ReelTime Media channels on the Amazon Fire TV platform, broadening its streaming reach. This follows the introduction of these channels on Roku. With potential access to over 100 million users monthly, the company aims to enhance advertising revenue and audience exposure. Additionally, ReelTime is pursuing a listing on the NASDAQ Capital Market, with a new ticker symbol approved. They have also secured a licensing deal with Munchie Magic and are performing an independent audit to meet compliance standards.
ReelTime Media (OTC:RLTR) announced the launch of its channel, ReelTime TV, on Roku, targeting the growing market of cable cutters. The partnership will allow ReelTime to retain approximately 70% of ad revenue. Roku reported 51.2 million monthly active users by the end of 2020, reflecting a significant growth. The company has also filed for listing on the NASDAQ under the symbol RT, having fulfilled the necessary application requirements. Additionally, ReelTime is engaging an independent audit firm to meet NASDAQ listing requirements and has secured a licensing deal with Baristas for its Munchie Magic concept.
ReelTime VR/ReelTime Media (OTC:RLTR) is launching a channel, ReelTime TV, on Roku, targeting its 51.2 million active users. The company retains approximately 70% of advertising revenue. Roku has seen a significant increase in users and content streamed. ReelTime is also applying for a listing on the NASDAQ Capital Market with plans to change its symbol to NASDAQ:RT once approved. The company is undergoing an independent audit and has established a licensing agreement with Baristas for its Munchie Magic concept, generating a per transaction fee.
ReelTime VR (OTC:RLTR) has reported a significant revenue increase, booking approximately $579,877 from media placements in March 2021, over 160% higher compared to February. First-quarter revenues total around $1.26 million, exceeding expectations by 60%. The surge is attributed to a rebound in the hospitality sector as travel restrictions ease. ReelTime has applied for NASDAQ Capital Market listing under the symbol RT. Additionally, it secured a technology licensing agreement with Baristas for its virtual restaurant concept, expected to enhance revenue streams further.
ReelTime VR (OTC: RLTR) recently reported significant revenue growth from its newly acquired subsidiary, Discount Ad Brokers (DAB). In March 2021, DAB generated approximately $579,877 in revenue, surpassing expectations by over 60%. This brings Q1 2021 revenues to approximately $1,259,321. DAB focuses on media placements for the hospitality sector, which has rebounded post-COVID-19. Additionally, ReelTime is moving to list on NASDAQ under the symbol RT and has engaged Pinnacle Accountancy Group for an independent audit in line with NASDAQ requirements.
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