ReelTime
Media
NASDAQ
Listing
Application
Formally Submitted
and New Symbol Reservation
Request
Has Been Approved
-
NASDAQ
Symbol
Expected to be Announced
This
Week
November 10, 2020
-- InvestorsHub NewsWire -- ReelTime VR/ReelTime Media (OTC:RLTR)
ReelTime
has formerly
submitted an application
as a
Seasoned
Company Seeking to Transfer Equity and/or Debt Securities from
Another U.S. Exchange to be listed on the
NASDAQ Capital
Market Exchange. The application has
been logged 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 to
be reserved for ReelTime to trade under
once the
Company has met all
quantitative and qualitative criteria, including certain corporate
governance requirements
has been approved.
The
Company expects to announce the new
symbol this week.
ReelTime
will continue
to submit additional information and documentation as it is
required based on comments from its assigned Listing Analyst and
others at NASDAQ who will be assisting ReelTime,
assuring that they satisfy all the required qualifications for
NASDAQ Capital Markets securities in Rule 4300 and or any
other applicable regulatory requirements.
ReelTime
will also need
to adhere to the corporate governance standards set by NASDAQ. In
addition, ReelTime
must comply
with NASDAQ's requirements relating to audit committees, the
director nomination's process, the compensation of officers, board
composition, executive sessions, quorum,
and code
of conduct
among
others.
ReelTime
will continue to
trade on the OTC Markets under the symbol (OTC:RLTR)
throughout the process and up until the move to the NASDAQ Capital
Market becomes effective.
The NASDAQ
Capital Market provides companies the required capital
in
order to grow their
business. The NASDAQ Capital Market also provides a listing venue
that promises to accommodate the different stages of corporate
lives of the companies. All companies that are listed on NASDAQ
Capital Market need to satisfy all the required qualifications for
NASDAQ securities in Rule 4300. The companies also
need to adhere to the corporate governance standards set by
NASDAQ.
Barry Henthorn
CEO stated: "We can
now focus
on
meeting the remaining listing
requirements including audited financials, independent
directors, shareholders
equity, etc. ReelTime
is
committed to increasing the value of the Company and we believe
that uplisting
to
NASDAQ will be instrumental in growing our core business as well as
in completing our contemplated acquisitions."
In other
news:
ReelTimes
VR
capabilities which were showcased in Inc.
Magazines' March
24th issue
solves the monetization problem of high production cost in
relationship to the size of the potential audience that has
thwarted VR content creation. Using ReelTime
process
and Ubiquiview
technology,
content can be shot in VR yet made available to major networks and
other flat content portals as well. By expanding the number of
potential viewers from only those with a VR headset to nearly all
widely used formats, traditional monetization via product
placement, embedded advertising, pre, and post-roll sponsorships,
etc. become possible.
Last
month
ReelTime
VR topped the list published in
Virtual Reality Insider of three unknown public companies set to
drive the explosion of the AR/VR worlds as access and
adoption/adaptation become commonplace. The full article can be
seen at www.virtualrealityinsider.com .
The article makes special mention of the potentially industry
shaping significance of ReelTime's
patent Number
10,761,303 that was just issued by the USPTO on September 1, 2020.
The patent covering apparatus and method claims for technology
involving simultaneous capturing of 360 X 360 degree
Spherical
Panorama Images and Video.
Earlier
this year ReelTime
VR
appeared in TIME Magazine where it was singled out as companies
"Among those most likely to gain from the growing virtual reality
market" and where it cited t ReelTimes
"In Front
of View" as "The World's No. 1, VR Travel Show".
About
NASDAQ Capital Markets:
Nasdaq is a
global technology company serving the capital markets and other
industries. Our 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 U.S., Nordic and Baltic exchanges,
representing industries such as retail, health care, finance,
and technology. In the U.S., Nasdaq is the listing venue of choice
for many of the world's most exciting companies.
The Nasdaq Stock
Market has three distinctive tiers: The Nasdaq Global Select
Market®
, The
Nasdaq Global Market® and The Nasdaq Capital Market® . Applicants
must satisfy certain financial, liquidity and corporate governance
requirements to be approved for listing 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 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 for the Samsung Gear VR platform 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
ceo@reeltime.com
