Reeltime Rentals Stock Price, News & Analysis

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.

ReelTime VR/ReelTime Media (OTC:RLTR) announced a debt restructuring initiative aimed at reducing potential share dilution from convertible notes. The plan could cut potential dilution from nearly 3 billion shares to under 100 million. Approval from the majority of note holders has been secured, and the restructuring is expected to be completed in two weeks. Additionally, the company is working towards NASDAQ Capital Markets listing, having submitted an application and received a new ticker symbol (NASDAQ:RT). The restructuring will likely enhance shareholder value and meet NASDAQ listing requirements.

ReelTime VR (OTC PINK:RLTR) announced a significant debt restructuring initiative aimed at reducing potential shareholder dilution from convertible notes. The plan could lower potential dilution from nearly 3 billion shares to under 100 million shares. Current notes restrict any holder from converting to exceed 4.99 percent ownership. The restructuring is set to be completed in two weeks, and ReelTime has received approval from the majority of debt holders. Additionally, the company is preparing for a NASDAQ Capital Market listing, having submitted necessary applications and received approval for a new ticker symbol (NASDAQ:RT).