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RLTR Reeltime Rentals Inc (PK)

0.01
0.00 (0.00%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Reeltime Rentals Inc (PK) USOTC:RLTR OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.0086 0.019 0.013675 0.01 0.013675 12,000 19:41:32

Strong revenue growth from acquisition strategy fuels RLTR's fundamentals.

16/09/2021 1:00pm

InvestorsHub NewsWire


http://thefundamentalsreport.com/

The Fundamentals Report is a nationally aired radio segment providing information and awareness of publicly traded companies with strong fundamentals

Strong revenue growth from acquisition strategy fuels RLTR's fundamentals.

 

(RLTR) ReelTime VR is an innovative content and technology leader within

the Virtual Reality sector.

 

Virtual and Augmented Reality is the fastest growing industry segments in history with global sales estimates predicted at a staggering 121 billion within ten years and the same sector that is the focus of publicly traded market giants such as Google (NASDAQ: GOOGL), Facebook (NASDAQ:FB), Microsoft (NASDAQ: MSFT), Apple, Inc. (NASDAQ:AAPL), and Sony (NYSE:SNE).

 

RLTR holds one of the industries key cornerstone patents that experts have said "has the potential to be completely industry shaping"

 

ReelTime recently announced that they have formally applied to NASDAQ, been assigned the rare two-letter symbol "RT" , has hired auditors, signed its second technology license agreement, and begun making acquisitions as part of the uplisting.

 

It is these technology agreements and acquisitions that are driving record revenues for the company. Having completed crucial acquisitions within the advertising agency and media brokerage space the company has extended its ability to monetize its existing content library and is aggressively expanding sales of advertising campaigns within the traditional and digital media space, reporting record revenue generation in 2021.

 

• ReelTime's Q1 Revenues were reported as soaring 10 Times Over Q1 2020, Exceeding 1.3 million.

• ReelTime's Q2 Revenues More Than Triple Over Same Period in 2020 While YTD Revenues Increase Over 7X

 

While advertising revenues increase the company is also continuing to expand its technology licenses within the virtual restaurant space adding Thai Dah, a virtual restaurant platform for the nation's 5000 Thai restaurants to its growing list of license agreements. RLTR provides an integrated, cutting edge, package of technology development, Intellectual property and specialized marketing services to the nation's growing virtual restaurant sector allowing restaurant owners to expand into off premise meal delivery simply and efficiently without the burden and expense of operating a delivery fleet.

 

Also adding to the list of core fundamental elements is a recent announcement that the company is beginning to restructure its existing convertible debt load with an initial restructuring reducing potential dilution by more than 1.5 billion shares.

 

Fundamental growth from:

• Expanding media sales • Record revenues • Monetizing the content library • Technology Expansion • Debt restructuring

 

Do your research now on RLTR

Please visit us at http://thefundamentalsreport.com/ for this complete article.  

 

For question, comments or to suggest an article topic please contact:  Editor@thefundamentalsreport.com

 

 

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