ReelTime to Start Roku Channel ReelTime Television set to 51.2 Million Monthly Active End users, Increasing Articles Distribution and Promoting Revenues Employing Technology
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SEATTLE, WA, April 22, 2021 (World NEWSWIRE) — by means of NewMediaWire — ReelTime VR/ReelTime Media (OTC:RLTR) has confirmed that it is established to launch a ReelTime Media channel on the streaming platform Roku.
The channel “ReelTime TV” will consist of a mixture of ReelTime Media Unique programming as perfectly as serving up other more slicing edge information. ReelTime Media and Roku will share in revenues generated from advertising, with ReelTime retaining approximately a 70 {14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} slice of the advertising and marketing inventory.
As of the fourth quarter of 2020, Roku documented a full of 51.2 million monthly energetic end users in the three-month quarter ending Dec. 31, up by around 14 million accounts in 2020. This figure is the company’s optimum regular monthly energetic person total of all time, as the userbase pretty much doubled in just two yrs. In addition, Roku said its consumers streamed 58.7 billion hours of articles in 2020. Restrictions and superior price tag of cable is generally viewed as at fault and Roku is battling for the advantage in the race for subscribers with Amazon.
The two are seemingly neck and neck when it will come to remaining the dominant streaming system. Previous month, Amazon stated it now has much more than 50 million energetic users on its Fire Television devices. The on-line retail giant disclosed the milestone together with the rollout of an update to the Fire Television user interface.
Barry Henthorn, CEO, said: “ReelTime Media is fully commited to reaching the speedily developing range of ‘Cable Cutters’ that dominate the younger audiences. ReelTime Tv set not only introduces our content to a incredibly huge viewers who love it but gives our advertisers an successful conduit to arrive at this really applicable audience.”
ReelTime has formally submitted an application as a Seasoned Business Searching for to Transfer Fairness and/or Financial debt Securities from Another U.S. Trade to be detailed on the NASDAQ Funds Sector Trade. The application has been logged in the NASDAQ Listing Middle, all applicable expenses have been paid, and a listing analyst has been assigned to ReelTime to aid all through the method. In addition, the request for a new image (NASDAQ: RT) to be reserved for ReelTime to trade below when the Organization has achieved all quantitative and qualitative criteria, such as specified company governance needs, has been authorized. ReelTime will continue to post extra info and documentation as it is expected based on feedback from its assigned Listing Analyst and many others at NASDAQ who will be helping ReelTime, assuring that they fulfill all the required skills for NASDAQ Capital Marketplaces securities in Rule 4300 and or any other relevant regulatory specifications. ReelTime will also want to adhere to the corporate governance standards established by NASDAQ. In addition, ReelTime must comply with NASDAQ’s demands relating to audit committees, the director nomination procedure, the payment of officers, board composition, executive periods, quorum, and code of conduct, among other folks.
ReelTime will carry on to trade on the OTC Marketplaces less than the image (OTC:RLTR) all over the procedure and up until eventually the transfer to the NASDAQ Cash Marketplace gets to be successful, at which time the ticker image will develop into (NASDAQ: RT).
The NASDAQ Capital Marketplace gives corporations the needed capital in buy to increase their business. The NASDAQ Funds Market place also offers a listing location that claims to accommodate the diverse levels of company lives of the businesses. All companies that are stated on NASDAQ Money Market place will need to satisfy all the essential qualifications for NASDAQ securities in Rule 4300. The businesses also will need to adhere to the corporate governance standards established by NASDAQ.
Other current information:
ReelTime has engaged Pinnacle Accountancy Group of Utah (“Pinnacle” a dba of the PCAOB-registered audit organization Heaton & Organization, PLLC) to perform an unbiased audit of the Firm’s money statements. The audit will be performed in accordance to the recommendations established forth by the NASDAQ Listing Needs and the Community Enterprise Accounting Oversight Board auditing specifications. Pinnacle is a person of the main companies in and during the United States and abroad. Its associates and team have presented audit services for SEC registrants because 2001 and are very experienced working with the intricate auditing and accounting troubles struggling with community providers.
ReelTime Media reached a technological know-how/software program license and progress arrangement with Baristas (OTC:BCCI) “Munchie Magic.” The licensing agreement secures Munchie Magic international perpetual, unique access to use the technologies and methodologies designed by ReelTime that enable the digital dining places to combine with its partners, onboarding, marketing, and administrative functions for use with the Munchie Magic Digital Restaurant or other ease shop shipping principles. The agreement also allows for Munchie Magic to acquire in live performance with ReelTime or independently derivatives and/or stand-by itself methodologies. In exchange for the world-wide perpetual, special license from ReelTime for the Munchie Magic concept and convenience retail outlet derivative Virtual Places to eat, ReelTime will receive a per transaction license rate of $.35 in perpetuity in conjunction with the phrases of the agreement commencing on Jan. 1st, 2021. Baristas “Munchie Magic” has opened additional than 50 locations in the earlier 9 months delivering Ben & Jerry’s ice product, treats, and very hot foodstuff to prospects via shipping associates DoorDash, GrubHub, and Uber Eats. www.munchiemagic.com in WA State and has now expanded into Oregon, California, Illinois, and Arizona as effectively.
ReelTime VR (OTC PINK:RLTR) confirmed that the patent application quantity 15/654,613, titled Simultaneous Spherical Panorama Graphic and Video Capturing System, has formally been issued as U.S. Patent Selection 10,761,303 September 1, 2020. The expression of the patent is 20 a long time and 247 days from the earliest submitting day of the patent application, calculated to be March 23, 2038. Despite the fact that the first technologies will allow any mobile cellphone or other digital camera to instantaneously s
eize 360 X 360 Digital Fact Video clip or photographs without the need of any require for stitching, the patent offers safety from infringement from any capturing of a plurality of photos making use of at minimum one particular mirror. This spans a huge array of industries and works by using.
About NASDAQ Capital Marketplaces: Nasdaq is a worldwide engineering company serving the funds markets and other industries. Its numerous offering of information, analytics, software package, and expert services permits consumers to enhance and execute their business enterprise eyesight with self esteem. A numerous range of in excess of 4,000 organizations pick out to checklist on Nasdaq’s U.S., Nordic and Baltic exchanges, representing industries such as retail, wellness treatment, finance, and technology. In the U.S., Nasdaq is the listing location of alternative for several of the world’s most interesting providers. The Nasdaq Stock Industry has a few unique tiers: The Nasdaq World wide Decide on Market®, The Nasdaq Global Market®, and The Nasdaq Funds Market®. Candidates ought to satisfy certain economical, liquidity, and company governance needs to be accepted for listing on any of these sector tiers.
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com is a publicly-traded company centered in Seattle, WA (OTCPK:RLTR). ReelTime Media delivers close-to-finish manufacturing capabilities and price reduction media buying that is redefining how firms are evaluating and purchasing their Tv set, radio, print, and other new media. ReelTime is also is in the organization of building, producing and distributing Digital Truth Content material and systems. We have an close to finish generation, editing, and distribution abilities for internal and external tasks. ReelTime At the moment generates 3 ongoing collection for the Samsung Gear VR system and distributes them around numerous VR shipping portals, such as Equipment VR, Oculus, Veer VR, HTC Vive, YouTube 360, Fb, and other individuals. ReelTime Media also publishes the e book “It Was Generally Me! Edward Edwards, the Most Prolific Serial Killer of All Time,” which has been the issue of a protect tale on Persons Journal, Rolling Stone, In Contact, and a 6-component sequence on Paramount community, www.itwasalwaysme.com.
Call:
Barry Henthorn
[email protected]
