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RTG Ventures Continues Moratorium On Issuance Of Common Shares To January, 2013
By: PR Newswire
Nov. 20, 2012 11:14 AM
NEW YORK, Nov. 20, 2012 /PRNewswire/ -- In mid-August, RTG Ventures (OTCQB: RTGV) Board of Directors "issued a moratorium on the issuance of any common shares for three-months in order to attract value based investors and identify partnerships with like-minded entities." At the time, the Board agreed to extend the moratorium, if needed to attract new investors. The moratorium has been extended through January 2, 2013.
The company continues to develop new business and partnerships across Europe and the US and leverage on the recent business combination with Brand Entertain as well as seeking new opportunities with Head of US Operations, Steve Baughman.
The Company is preparing its annual 10-K annual filing for fiscal year ending August 31, 2012 with its professional advisors and expects it to be filed within the extension period by December 14, 2012, following the Company's normal practice. The audit represents a labor intensive process involving multiple internal and external sources and as such must share resources and advisors with other clients and work requirements.
About RTG Ventures
RTG Ventures offers Music & Entertainment Technology Solutions and Digital Marketing Services. Harnessing the strength of its digital marketing agency, that has a trusted reputation over the last 8 years, the company has applied its knowledge process in developing cutting edge technology platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social arena, RTG Ventures offers a unique value proposition of intelligent, analytics based technology solutions with the support of an experienced digital marketing team. RTG Ventures, Inc. is an OTC:QB Company. Symbol RTGV.
About Brand Entertain
Brand Entertain develops strategic, multi-channel branded entertainment properties and ventures that drive consumer engagement and grow product sales for brand partners online and in-store. Brand Entertain plays the roles of developer, packager, co-producer and licensor when it comes to original branded entertainment and media platforms.
Brand Entertain provides the strategy, architecture and strategic partner development necessary to finance and operate economically viable properties.
Safe Harbor Provisions
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
SOURCE RTG Ventures
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