SOURCE: RTG Ventures Inc

March 30, 2010 07:59 ET

RTGV Signs Contract to Acquire Digital Clarity

NEW YORK, NY--(Marketwire - March 30, 2010) -  RTGV (OTCBB: RTGV): RTGV has announced that the contract to complete the acquisition of digital marketing agency, Digital Clarity, was signed by both parties on 26th March 2010. The contract has now been filed with RTGV lawyers pending the share exchange on March 31st which will see RTGV launch its new business model.

Dominic Hawes-Fairley, President-designate of RTGV said: "Over the past few weeks, we've all been working really hard to remove any obstacles to our close and the whole team is looking forward to being able to execute the business plan. A huge amount of work has been undertaken over the past six months to create the new business model and we're excited that after all the planning, we can now get on with building the corporation.

"Our Chief Executive, Linda Perry, has been in Los Angeles, New York and London in the last three weeks alone bringing the final details together and the response to our business model has been universally strong.

"We've faced delays to closing in the past, for a number of reasons, but the path is now clear and shareholders can join the executive team on a conference call the day after closing, April 1, 2010 at 1pm Eastern Time."

About RTGV: RTGV is an online media and electronic payment systems provider with an aggressive business model to grow unique and highly profitable consumer and business services both by organic growth of current assets and by acquisition. RTGV is targeting niche markets in the areas of Web-TV with embedded internet and mobile payment solutions. World-leading exclusive multicasting technology underpins RTGV's broadcast platforms making them very scalable for Video On Demand (VOD), linear broadcasting and live broadcasts. Two media platforms are being developed, while payment systems divisions will provide cutting-edge credit, debit, and e-cash payment services to e-commerce and mobile commerce merchants offering significant savings over current payment methods. Through embedding its payment solutions seamlessly into its online media broadcasting platforms will create a clear differentiation and advantage for our Company over other broadcast platforms, allowing its customer to monetize digital assets with no further integration of financial systems. Furthermore, through its retail sales channel, BMC, RTGV will be able to brand and productize its media offerings for sale through traditional retail outlets. RTGV's strategy for each initiative is to maximize ROI for all stakeholders. For RTGV's available Due Diligence, visit our website at: www.rtgventures.com

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.

Contact Information

  • Investor Relations Contact:
    RTG Ventures, Inc.
    917 488 6473