ReelTime CEO Barry Henthorn Provides Letter to Shareholders - Addresses NASDAQ Listing
November 18 2020 - 10:22AM
InvestorsHub NewsWire
ReelTime CEO Barry Henthorn Provides Letter to Shareholders –
Addresses NASDAQ Listing, Patent and Technology Strategy, and New
VR Series
ReelTime
VR/ReelTime Media (OTC:RLTR) ReelTime CEO Barry Henthorn has
provided a letter directed specifically to its current and
potential shareholders. The letter can be viewed in its entirety
at
www.reeltime.com
The letter
addresses questions that have been received recently from numerous
shareholders regarding ReelTimes recent announcements and
provides specific
answers to them so that other shareholders who may have similar
questions will be as informed as possible.
Questions that
are addressed include those regarding ReelTimes recently granted patent,
meeting the requirements of the recent NASDAQ application, new
productions in progress or negotiations, and continued technology
developments.
Barry Henthorn
CEO stated: " It is with great pride and
anticipation that I am able to address on behalf of
ReelTime, those with whom have the
most to gain or lose by our successes or lack thereof, our
shareholders. Firstly, I would like to thank all of our current shareholders as
well as all who have at one time owned stock in ReelTime throughout its journey and
into its future. Your support and belief in our evolution has
been and continues to be instrumental in our ability to accomplish
our goals and it is you, our equity partners specifically that I
address this letter to."
In other
news:
ReelTime
formally
submitted
an application as a
Seasoned
Company Seeking to Transfer Equity and/or Debt Securities from
Another U.S. Exchange to be
listed on the NASDAQ Capital Market Exchange. The application has
been logged in the NASDAQ Listing Center, all applicable fees have
been paid, and a listing analyst has been assigned to
ReelTime
to assist
throughout the process. In addition, the request for a new symbol
(NASDAQ:RT)
to be reserved for ReelTime
to trade
under once the Company has met all
quantitative and qualitative criteria, including certain corporate
governance requirements has been approved.
ReelTimes
VR
capabilities which were showcased in Inc.
Magazines' March
24th issue
solves the monetization problem of high production cost in
relationship to the
size of the potential audience that has thwarted VR content
creation. Using ReelTime
process
and Ubiquiview
technology,
content can be shot in VR yet made available to major networks and
other flat content portals as well. By expanding the number of
potential viewers from only those with a VR headset to nearly all
widely used formats, traditional monetization via product
placement, embedded advertising, pre, and post-roll sponsorships,
etc. become possible.
Last
month
ReelTime
VR topped the list published in
Virtual Reality Insider of three unknown public companies set to
drive the explosion of the AR/VR worlds as access and
adoption/adaptation become commonplace. The full article can be
seen at www.virtualrealityinsider.com .
The article makes special mention of the potentially industry
shaping significance of ReelTime's
patent Number
10,761,303 that was just issued by the USPTO on September 1, 2020.
The patent covering apparatus and method claims for technology
involving simultaneous capturing of 360 X 360 degree
Spherical
Panorama Images and Video.
Earlier
this year ReelTime
VR
appeared in TIME Magazine where it was singled out as companies
"Among those most likely to gain from the growing virtual reality
market" and where it cited ReelTimes
"In Front
of View" as "The World's No. 1, VR Travel Show".
About
ReelTime
Rentals,
Inc. d/b/a ReelTime
Media: www.reeltime.com,
is a publicly-traded company based in Seattle, WA
(OTCPK:RLTR). ReelTime Media provides end to end
production capabilities and discount media purchasing that is
redefining how companies are evaluating and purchasing their TV,
radio, print, and other new media. ReelTime is also is in the business of
developing, producing, and distributing Virtual Reality Content and
technologies. We have an end to end production, editing, and
distribution capabilities for internal and external
projects. ReelTime Currently produces three
ongoing series for the Samsung Gear VR platform and distributes
them over numerous VR delivery portals including Gear VR, Oculus,
Veer VR, HTC Vive, YouTube 360, Facebook, and
others. ReelTime Media also publishes the book
"It Was Always Me Edward Edwards the most Prolific Serial Killer of
all time" which has been the subject of a cover story on People
Magazine, Rolling Stone, In Touch, and a six-part series on
Paramount network, www.itwasalwaysme.com.
Contact:
Barry
Henthorn
ceo@reeltime.com
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