NEW YORK, Oct. 11, 2012 /PRNewswire/ -- RTG Ventures, Inc (OTCQB: RTGV) took the position earlier this year that it would communicate with shareholders and the public through its mandated SEC filings and minimize the use of Press Releases. The rationale for this action was posted on the iHub Message Board following the SEC guidelines that 10-Q's and 10-K's provide factual information and stand on their own merits, scrutinized and approved by professional advisors such as accountants, auditors and attorneys.
The Board of Directors determined this action was necessary as press releases over the years only result in being a forum for selling, non-factual speculation and out of context remarks. RTG's focus has always been on the long term value investors as they represent the nature of the digital technology and media landscape. It is the reason there are virtually no companies in the industry sector in the micro-cap market. RTG felt this would allow long term investors to grow with the company; instead it incurs the wrath of traders who consistently bash, often hundreds of posts on message boards, in order to manipulate the pps.
The hassle created is unwelcome to new investors, and they often choose to avoid the negativism and go elsewhere. This has been communicated to the Company and is a very frustrating situation. In addition, the vitriolic nature of certain shareholders has caused our advisors to moniter and document the toxic traders activities. This is a distraction, but since it has proven to be detrimental, will be dealt with at an appropriate time as it relates to RTG. Nonetheless, we are building the business and the positive reputation of the principals, products and services are gaining increasing traction.
The Company intends to support by actions a stable cadre of value based investors who share the same objectives. Some of those people are already investors and others are being actively sought. RTG is building a foundation and continues the business plan execution as will be reflected in its annual audit and subsequent 10-Q's.
We address this statement to long term investors:
RTG is a fully reporting company. The Board of Directors has chosen to be such, and incur significant costs of public company maintenance. Filings provide factual information, audited information, not misinformation and unmoderated statements. To reinforce and state emphatically, RTG is executing its Business Plan as described in the Letter to Shareholders issued in mid-June following the business combination with Brand Entertain.
Business development is on-going with contracts in hand with sought-after new clients. Unfortunately we cannot name them as they could suffer the same intrusion from certain shareholders that could jeopardize the commercial arrangement. But they represent a formidable new, global client base and will be reflected in the 10-K annual report being developed. The 10-K includes the audited financials for the fiscal year 2012 which ended August 31, 2012.
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.
RTG Ventures Inc.
SOURCE RTG Ventures, Inc