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SEATTLE, WA / ACCESSWIRE / March 10, 2021 / ReelTime VR/ReelTime Media (OTC PINK:RLTR): announced that it has begun an initiative to restructure its debt resulting in a dramatic reduction of potential dilution from convertible notes.
Although currently all convertible notes contain a provision that at no time can the notes be converted that would result in any note holder owning greater than 4.99 percent of the issued and outstanding shares, if all notes were to be converted at face value the number of shares would exceed the authorized amount. The restructuring plan utilizes a combination of paying off certain notes in full and a dramatically re-negotiated conversion price of all notes with an anticipated effect of:
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SEATTLE, WA / ACCESSWIRRE / March 9, 2021 / ReelTime VR/ReelTime Media (OTC PINK:RLTR) ReelTimes Discount Ad Brokers (DAB), a 15-year-old discount media company that ReelTime acquired effective 1-1-2021 booked approximately $364,702.17 of revenue in February from media placements on TV, Radio, and other media led by clients in the travel and hospitality business.
Discount Ad Brokers focuses on providing clients top tier placements at pricing levels at or below remnant inventory rate structures through a unique inventory acquisition model utilizing a combination of contracted capacity buys, alternate currencies, barter, and aggressive bulk inventory-based contracts with major US media properties.
ReelTime also announces that DABs final January 2021 revenue numbers previously reported as $249,873 from media placements specific to the travel industry were $314,741.71 in total revenues from all sources. These do not include any revenues from the parent Company ReelTime Rentals, In
As a society, we arenât exactly comfortable with death. Different communities and different cultures have their own unique traditions and approach the death of a loved one according to custom. Increasingly, Americans have a difficult time coming to terms with the loss of someone close, perhaps because they have not accepted their own mortality. Spending time with the deceased can, however, be beneficial for those who feel comfortable with the practice, as it offers an opportunity for relatives to say goodbye. It provides a sense of closure.
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