ReelTime Media Cuts Outstanding Debt in Half, Bringing Total Debt Reduction Over the Past Year Down More Than 64%

Rhea-AI Summary

ReelTime Media (OTCID: RLTR) announced it has cut outstanding debt by more than 50% through renegotiations and debt extinguishments, strengthening its capital structure. The company retired a matured note with an outstanding balance of approximately $2.86M by issuing a new note of about $286,000 at a 5% interest rate maturing Feb 1, 2028. It also extinguished roughly $63,000 of legacy debt, reducing potential dilution by nearly 10% versus prior conversion terms. Combined with a prior April reduction of about $1.2M, these actions total a debt reduction exceeding 64% over the past year. The company is negotiating with remaining long-term note holders, including the CEO, to further consolidate and modify notes.

Positive

• Outstanding debt reduced by more than 50%
• Replaced a $2.86M matured note with a $286,000 note at 5% interest maturing Feb 1, 2028
• Extinguished ~$63,000 legacy debt, cutting potential dilution by ~10%
• Combined reductions exceed 64% versus prior year after April $1.2M reduction

Negative

• Remaining long-term notes are unresolved and subject to ongoing negotiations
• Potential shareholder dilution remains until outstanding notes are consolidated or modified

While Nvidia, Oracle, AMD, Alphabet, and Microsoft expand leverage to fund capital-intensive AI infrastructure, ReelTime executes disciplined debt reduction and balance-sheet transformation

Bothell, WA, Jan. 27, 2026 (GLOBE NEWSWIRE) -- ReelTime Media, Inc. (OTCID:RLTR) (the “Company”) today announced it has reduced its outstanding debt by more than 50% through a series of strategic renegotiations and debt extinguishments, further strengthening the Company’s capital structure and balance sheet and positioning it for sustained growth.

(RLTR) Cuts Debt in Half

As part of this initiative, ReelTime reached an agreement with its largest debt holder to retire an existing note that had matured with an outstanding balance of approximately $2.86 million and bore interest at 15% annually. In exchange, the Company issued a new note for approximately $286,000, bearing a substantially reduced 5% annual interest rate, and extended the maturity date to February 1, 2028.

In addition, the Company extinguished approximately $63,000 in legacy debt, resulting in a reduction of potential dilution of nearly 10% relative to prior conversion terms.

This marks the second major debt reduction executed by the Company within the past year. In April of last year, ReelTime reduced its debt by approximately $1.2 million. Combined, these actions represent a total reduction in debt exceeding 64%.

“These results reflect a disciplined and deliberate strategy to improve our financial position while protecting shareholder value,” said Barry Henthorn, CEO of ReelTime Media. “By dramatically reducing high-interest obligations, extending maturities, and eliminating legacy liabilities, we are building a stronger, more flexible balance sheet to support long-term growth.”

The Company also disclosed that it is currently in negotiations with its remaining long-term note holders, including its CEO, to consolidate, modify, and restart multiple outstanding notes. These efforts are intended to further reduce potential dilution and streamline the Company’s capital structure.

This approach stands in stark contrast to the financial strategies being employed by many leading AI infrastructure companies, including NVIDIA, Oracle, Advanced Micro Devices, Alphabet, and Microsoft, all of which have significantly expanded capital spending programs and, in many cases, increased leverage to finance massive data center and AI infrastructure buildouts.

“While much of the industry is being forced to deploy substantial debt to fund capital-intensive infrastructure expansion, ReelTime continues to focus on balance-sheet strength, disciplined capital management, and minimizing shareholder dilution,” Henthorn added. “We believe this positions the Company with a unique financial advantage as markets increasingly reward capital efficiency and sustainable growth.”

ReelTime Media remains committed to enhancing shareholder value through responsible financial stewardship, continued operational execution, and strategic initiatives across its technology and media platforms.

About ReelTime Media 

ReelTime Rentals, Inc. (OTCID:RLTR), doing business as ReelTime Media and ReelTime VR, is a Seattle area-based publicly traded company at the forefront of multimedia production and AI innovation. The company's flagship Reel Intelligence (RI) platform delivers an unprecedented suite of tools for creating images, audio, video, and more. ReelTime has also pioneered virtual reality content development and technology, providing end-to-end production, editing, and distribution services. The company continues to leverage its expertise to transform how content is produced, distributed, and experienced worldwide.

Media Contact

Barry Henthorn, CEO - ReelTime Media
Email: ceo@reeltime.com
Website: www.ReelTime.com
2065790222
4203 223rd PL SE
Bothell, WA 98021

Reel Intelligence

A video accompanying this announcement is available here: https://youtube.com/watch?v=-Pv5AHkQWo8

FAQ

What exactly did RLTR announce on January 27, 2026 about its debt?

RLTR said it cut outstanding debt by over 50%, replaced a ~$2.86M note with a ~$286,000 note at 5% and extinguished ~$63,000 of legacy debt.

How does the new note change interest and maturity for RLTR's largest creditor?

The new note reduces interest from 15% to 5% and extends maturity to February 1, 2028.

What is the total debt reduction for RLTR over the past year?

Combined actions, including an April reduction of ~$1.2M, yield a total debt reduction exceeding 64% year-over-year.

Will RLTR face dilution after these debt actions?

The company reports extinguishing legacy debt reduced potential dilution by ~10%, but further negotiations with note holders could affect dilution outcomes.

How might RLTR's debt reduction affect shareholders and the balance sheet?

Lower high-interest obligations and extended maturities are intended to improve capital structure, reduce interest expense, and protect shareholder value.