ReelTime to Start Roku Channel ReelTime Television set to 51.2 Million Monthly Energetic Consumers, Expanding Content material Distribution and Promotion Revenues Employing Technological innovation

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SEATTLE, WA, April 22, 2021 (Globe NEWSWIRE) — through NewMediaWire — ReelTime VR/ReelTime Media (OTC: RLTR) has confirmed that it is set to start a ReelTime Media channel on the streaming platform Roku.

The channel “ReelTime TV” will comprise a mix of ReelTime Media Unique programming as nicely as serving up other further cutting edge material. ReelTime Media and Roku will share in revenues produced from advertising and marketing, with ReelTime retaining approximately a 70 {14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} slice of the promotion inventory.

As of the fourth quarter of 2020, Roku noted a full of 51.2 million every month energetic customers in the 3-month quarter ending Dec. 31, up by close to 14 million accounts in 2020. This figure is the firm’s best regular lively user total of all time, as the userbase just about doubled in just two many years. In addition, Roku claimed its buyers streamed 58.7 billion hrs of information in 2020. Constraints and higher charge of cable is commonly considered at fault and Roku is battling for the edge in the race for subscribers with Amazon.

The two are seemingly neck and neck when it arrives to staying the dominant streaming platform. Final thirty day period, Amazon reported it now has more than 50 million lively end users on its Fireplace Tv set devices. The online retail giant discovered the milestone along with the rollout of an update to the Fire Tv user interface.

Barry Henthorn, CEO, stated: “ReelTime Media is dedicated to reaching the swiftly developing amount of ‘Cable Cutters’ that dominate the young audiences. ReelTime Television set not only introduces our content material to a pretty huge audience who appreciate it but offers our advertisers an effective conduit to reach this really appropriate audience.”

ReelTime has formally submitted an application as a Seasoned Firm Looking for to Transfer Fairness and/or Personal debt Securities from An additional U.S. Exchange to be mentioned on the NASDAQ Cash Current market Trade. The application has been logged in the NASDAQ Listing Centre, all relevant service fees have been paid out, and a listing analyst has been assigned to ReelTime to assist in the course of the approach. In addition, the request for a new image (NASDAQ: RT) to be reserved for ReelTime to trade beneath as soon as the Corporation has achieved all quantitative and qualitative requirements, including sure corporate governance requirements, has been approved. ReelTime will keep on to post added information and documentation as it is demanded based mostly on responses from its assigned Listing Analyst and some others at NASDAQ who will be assisting ReelTime, assuring that they fulfill all the expected qualifications for NASDAQ Money Markets securities in Rule 4300 and or any other relevant regulatory needs. ReelTime will also need to adhere to the company governance criteria established by NASDAQ. In addition, ReelTime should comply with NASDAQ’s necessities relating to audit committees, the director nomination procedure, the compensation of officers, board composition, govt periods, quorum, and code of perform, among the others.

ReelTime will go on to trade on the OTC Marketplaces underneath the image (OTC: RLTR) in the course of the system and up until finally the go to the NASDAQ Cash Market turns into successful, at which time the ticker symbol will develop into (NASDAQ: RT).

The NASDAQ Funds Market provides companies the demanded cash in order to expand their business enterprise. The NASDAQ Money Market also offers a listing location that promises to accommodate the distinctive stages of company lives of the businesses. All organizations that are detailed on NASDAQ Capital Market place need to satisfy all the demanded skills for NASDAQ securities in Rule 4300. The providers also want to adhere to the company governance criteria set by NASDAQ.

Other recent information:

ReelTime has engaged Pinnacle Accountancy Team of Utah (“Pinnacle” a dba of the PCAOB-registered audit business Heaton & Enterprise, PLLC) to carry out an impartial audit of the Firm’s financial statements. The audit will be done according to the rules set forth by the NASDAQ Listing Necessities and the General public Organization Accounting Oversight Board auditing expectations. Pinnacle is one particular of the major firms in and all through the United States and overseas. Its companions and staff have supplied audit solutions for SEC registrants given that 2001 and are hugely skilled dealing with the intricate auditing and accounting difficulties facing public organizations.

ReelTime Media arrived at a know-how/software license and progress agreement with Baristas (OTC: BCCI) “Munchie Magic.” The licensing arrangement secures Munchie Magic world-wide perpetual, exceptional access to use the technology and methodologies formulated by ReelTime that permit the virtual places to eat to integrate with its partners, onboarding, internet marketing, and administrative capabilities for use with the Munchie Magic Virtual Cafe or other benefit retail outlet delivery ideas. The agreement also allows for Munchie Magic to create in concert with ReelTime or independently derivatives and/or stand-by yourself methodologies. In trade for the international perpetual, distinctive license from ReelTime for the Munchie Magic notion and advantage retail store derivative Virtual Eating places, ReelTime will acquire a per transaction license charge of $.35 in perpetuity in conjunction with the terms of the settlement starting on Jan. 1st, 2021. Baristas “Munchie Magic” has opened extra than 50 locations in the past 9 months providing Ben & Jerry’s ice cream, treats, and hot foods to consumers by using supply partners 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 software variety 15/654,613, titled Simultaneous Spherical Panorama Picture and Movie Capturing Procedure, has formally been issued as U.S. Patent Selection 10,761,303 September 1, 2020. The term of the patent is 20 a long time and 247 days from the earliest submitting day of the patent software, calculated to be March 23, 2038. While the unique technology makes it possible for any mobile phone or other digital camera to instantaneously capture 360 X 360 Virtual Fact Video clip or pics devoid of any will need for stitching, th
e patent supplies safety from infringement from any capturing of a plurality of visuals making use of at the very least one mirror. This spans a broad variety of industries and makes use of.

About NASDAQ Cash Marketplaces: Nasdaq is a worldwide technologies organization serving the money marketplaces and other industries. Its varied providing of facts, analytics, computer software, and expert services permits shoppers to improve and execute their organization vision with confidence. A assorted selection of over 4,000 corporations choose to listing on Nasdaq’s U.S., Nordic and Baltic exchanges, symbolizing industries this kind of as retail, overall health care, finance, and technological know-how. In the U.S., Nasdaq is the listing venue of decision for several of the world’s most exciting organizations. The Nasdaq Inventory Sector has 3 exclusive tiers: The Nasdaq World wide Decide on Market®, The Nasdaq World wide Market®, and The Nasdaq Money Market®. Candidates should satisfy certain financial, liquidity, and corporate governance necessities to be authorized for listing on any of these marketplace tiers.

About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com is a publicly-traded business dependent in Seattle, WA (OTCPK: RLTR). ReelTime Media supplies conclusion-to-end output capabilities and low cost media acquiring that is redefining how organizations are assessing and buying their Tv set, radio, print, and other new media. ReelTime is also is in the company of establishing, developing and distributing Virtual Fact Content and systems. We have an conclude to conclusion creation, enhancing, and distribution capabilities for internal and exterior initiatives. ReelTime Now generates three ongoing collection for the Samsung Equipment VR system and distributes them in excess of numerous VR supply portals, including Gear VR, Oculus, Veer VR, HTC Vive, YouTube 360, Facebook, and many others. ReelTime Media also publishes the ebook “It Was Often Me! Edward Edwards, the Most Prolific Serial Killer of All Time,” which has been the subject matter of a deal with story on Individuals Magazine, Rolling Stone, In Touch, and a six-component series on Paramount network, www.itwasalwaysme.com.

Get hold of:

Barry [email protected]