ReelTime’s February gross revenue exceeds $360,000 from its

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SEATTLE, Wash., March 09, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ReelTime VR/ReelTime Media (OTC:RLTR): ReelTime’s Discount Ad Brokers (DAB), a 15-year-old discount media company that ReelTime acquired effective 1-1-2021, had approximately 364,702, $17 in revenue in February from media placements in TV, Radio and other customer-led media in the travel and hospitality industry.

Discount Ad Brokers is focused on providing its clients with premium placements at price levels at or below remaining inventory rate structures through a unique inventory acquisition model utilizing a combination of purchases of contractual capacity, alternative currencies, barter and aggressive contracts based on bulk inventory with major US media. Properties.

ReelTime also reports that DAB’s final revenue figures for January 2021, previously reported at $249,873 from travel industry-specific media placements, amounted to $314,741.71 in total revenue from all sources. These do not include any revenue from parent company ReelTime Rentals, Inc., whose financial statements are available at www.otcmarkets.com and will be consolidated in future reports.

Barry Henthorn, CEO, said: “The increase in activity is not surprising as there is clearly a pent-up demand for travel and business travel that is beginning to be able to be met by the industry. DAB has a long history of providing premium media access to its Marquis customers in the travel and hospitality industry. The revenue generated and asset bases acquired through this recent acquisition, and others in the pipeline, combined with ReelTime’s core business, are expected to exceed some of the minimum NASDAQ Capital Markets listing requirements and provide a solid foundation for further developments.

ReelTime has officially submitted an application as a seasoned company seeking to transfer stock and/or debt securities from another US stock exchange to list on the NASDAQ Capital Markets exchange. The application has been registered 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 once the Company has met all quantitative and qualitative criteria, including certain corporate governance requirements, has been approved. ReelTime will continue to submit additional information and materials, as needed, based on feedback from its assigned listing analyst and other individuals at NASDAQ who will assist ReelTime, ensuring that they meet all of the qualifications required to NASDAQ Capital Markets securities under Rule 4300 and/or any other applicable regulatory requirements. ReelTime will also be required to adhere to corporate governance standards set by NASDAQ. In addition, ReelTime must comply with NASDAQ requirements relating to audit committees, director nomination process, executive compensation, board composition, executive meetings, quorum and code of conduct. driving, among others.

ReelTime will continue to trade on OTC markets under the ticker symbol (OTC:RLTR) throughout the process and until the move to the NASDAQ Capital Market becomes effective, at which time the ticker symbol will change to (NASDAQ:RT).

The NASDAQ Capital Market provides companies with the capital needed to grow their business. The NASDAQ Capital Market also provides a listing venue that promises to adapt to different stages in the life of companies. All companies listed on the NASDAQ Capital Market must meet all of the qualifications required for NASDAQ securities in Rule 4300. Companies must also adhere to corporate governance standards established by NASDAQ.

Other recent news:

ReelTime has engaged Pinnacle Accountancy Group of Utah (“Pinnacle,” a PCAOB-registered audit firm dba Heaton & Company, PLLC) to perform an independent audit of the company’s financial statements. The audit will be conducted in accordance with the guidelines set forth by the NASDAQ Listing Requirements and the Auditing Standards of the Public Company Accounting Oversight Board. Pinnacle is one of the leading companies in the United States and abroad. Its partners and staff have been providing auditing services to SEC registrants since 2001 and are highly experienced in handling the complex auditing and accounting challenges faced by public companies.

ReelTime Media has entered into a technology/software licensing and development agreement with Baristas (OTC: BCCI) “Munchie Magic”. The license agreement grants Munchie Magic exclusive and perpetual worldwide access to use technology and methodologies developed by ReelTime that enable virtual restaurants to integrate with its partners, onboarding, marketing and for use with Virtual Munchie Magic Restaurant or other convenience store deliveries. Notions. The agreement also allows Munchie Magic to develop in conjunction with ReelTime or independently, derivatives and/or stand-alone methodologies. In exchange for ReelTime’s worldwide perpetual exclusive license to the Munchie Magic concept and convenience store-derived virtual restaurants, ReelTime will receive a per-transaction license fee of $0.35 in perpetuity in conjunction with the terms of the agreement commencing on 1 January. 2021. ‘Munchie Magic’ baristas opened more than 50 locations in the past nine months, delivering Ben & Jerry’s ice cream, snacks and hot meals to customers through delivery partners DoorDash, GrubHub and Uber Eats. www.baristas.tv www.munchiemagic.com in WA State and has also expanded to Oregon, California, Illinois and Arizona.

ReelTime VR (OTC PINK: RLTR) has confirmed that patent application number 15/654,613, titled Simultaneous Spherical Panorama Image and Video Capturing System, was officially issued under US patent number 10,761,303 on September 1, 2020. The patent term is 20 years and 247 days from the first filing date of the patent application, calculated as March 23, 2038. Although the Originating Technology allows any mobile phone or other device photo to instantly capture 360 ​​X 360 virtual reality video or images without the need for stitching, the patent provides protection against infringement of any capture of a plurality of images using at least one mirror. This covers a wide range of industries and uses.

About NASDAQ Capital Markets: Nasdaq is a global technology company serving capital markets and other industries. Its diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. A diverse selection of over 4,000 companies choose to list on Nasdaq’s US, Nordic and Baltic exchanges, representing sectors such as retail, healthcare, finance and technology. In the United States, the Nasdaq is the trading venue of choice for many of the most interesting companies in the world. The Nasdaq Stock Market has three distinct levels: the Nasdaq Global Select Market®, the Nasdaq Global Market® and the Nasdaq Capital Market®. Applicants must meet certain financial, liquidity and corporate governance requirements to be permitted to be listed on any of these market tiers.

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 discounted media buying that are redefining the way companies value and buy their television, radio, print and other new media. ReelTime is also in the business of developing, producing, and distributing virtual reality content and technology. We have end-to-end production, publishing and distribution capabilities for internal and external projects. ReelTime is currently producing three ongoing series for the Samsung Gear VR platform and distributing them to many 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 featured a cover story on People Magazine, Rolling Stone, In Touch, and a six-part series. parties on Paramount Network, www.itwasalwaysme.com.

Contact:

Barry Henthorn
[email protected]

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