ReelTime Revenues on Track to Exceed One Million with Zero New Shares Issued According to Quarterly Report Posted Today
KENMORE, WA / ACCESSWIRE / January 16, 2020 / ReelTime Rentals, Inc. dba ReelTime Media/ReelTime VR, (OTC PINK:RLTR) on 1/16/2020 ReelTime filed its Quarterly Report for the period ending June 30th, 2019. The Report complies with the newest standards of disclosure and can be viewed in its entirety at www.reeltime.com or at www.otcmarkets.com.
Some notable items that are contained in the report show revenues from operations of $598,923 and $218,150 for the six months ended June 30, 2019, and 2018 respectively. Revenues consisted primarily of transactions for Virtual Reality (VR) and media services.
The Company also reported that as of January 8th, 2020 that the number of shares outstanding of our common stock was 41,534,522 compared to 41,534,522 as of June 30th, 2019 and 41,534,522 as of the end of the previous reporting period.
Barry Henthorn CEO stated: "Aside from growing the business, ReelTime is focused on getting fully current with all of its filings and in positioning the company to move to a senior exchange. We are also planning on completing several strategic acquisitions throughout the year."
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com, is a publicly-traded company based in Seattle, WA (OTC PINK: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 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.
SOURCE: ReelTime Rentals Inc