ACCESS Newswire
13 Jan 2020, 20:19 GMT+10
KENMORE, WA / ACCESSWIRE / January 13, 2020 / ReelTime Rentals, Inc. dba ReelTime Media/ReelTime VR, (OTC PINK:RLTR) on 1/7/2020 ReelTime filed its Quarterly Report for the period ending March 31st 2019. The Report complies with the newest standards of disclosure and can be viewed in its entirety at www.reeltime.com or at www.otcmarkets.com.
Some notable items that are contained in the report show increases in revenues of 5.859 % over the same period one year prior. Revenues for the three-month period increased to $339,286 from $57,900 during the same three-month period a year prior. In addition, Gross Margin rose from $35,856 to $133,747 and Net operating income rose to $17,832 from a negative $(76,195).
The Company also reported that as of January 8th, 2020 that the number of shares outstanding of our common stock was 41,534,522 compared to 39,734,522 as of the end of the previous reporting period.
Barry Henthorn CEO stated: 'This is already proving to be a very exciting year for us at ReelTime. We are focused on getting current in all of our filings and in increasing our corporate governance in preparation for our evolution and growth in the markets.'
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com, is a publicly-traded company based in Seattle, WA (OTC PINK:RLTR). ReelTime Media provides end to end production capabilities and discount media purchasing that is redefining how companies are evaluating and purchasing their TV, radio, print, and other new media. ReelTime is also is in the business of developing, producing and distributing Virtual Reality Content and technologies. We have an end to end production, editing, and distribution capabilities for internal and external projects. ReelTime Currently produces three ongoing series and distributes them over numerous 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 has been the subject of a cover story on People Magazine, Rolling Stone, In Touch, and a six-part series on Paramount network, www.itwasalwaysme.com.
Contact:
Barry Henthorn
[email protected]
SOURCE: ReelTime Rentals, Inc.
Get a daily dose of Los Angeles Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Los Angeles Herald.
More InformationMADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
SAN FRANCISCO, California: Grammarly is doubling down on AI-powered productivity tools with the acquisition of Superhuman, a sleek...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...