ANHL Completes Acquisition of Retail Company
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NEW YORK, NY, Oct 29 (MARKET WIRE) --
RTGV (OTCBB: RTGV): ANHL has completed the negotiations to acquire the
privately-owned retail company BMC and integrate its sales network into
the NMTV business model.
BMC is a manufacturer and distributor of specialist health, wellbeing and
gift products to retailers in Europe. With established quality factories
in China, BMC is an expert at producing top quality, attractive consumer
goods in short production runs. BMC will source, manufacture and
distribute branded merchandise to support ANHL's media division and
utilize established sales networks to market packaged goods which will be
created by NMTV's media division.
Barry Fludgate, NMTV's CEO-designate, commented: "Bringing in a retail
platform to the NMTV business model opens up huge opportunities for the
company going forward and will allow us to leverage media in a really
powerful way. We are now able to create brands that can live in retail
outlets as well as online. This is a key tactic in building the brand for
products to be introduced after the close. These are tangible products
available to customers immediately. By partnering with leading retail
outlets, facilitated through the BMC network, we'll hit the ground running
with wide distribution. This is another example of NMTV being opportunity
driven which will benefit all stakeholders."
About NMTV: RTGV, through NMTV, has a new media business model which
leverages an exclusive technology to deliver multicast transmissions of TV
quality transmissions without buffering or freezing. This is a significant
technological breakthrough and provides a competitive edge to its
shareholders. The evolving venture originally included a 44,000 square
foot studio outside London which is equipped to service traditional film
and TV requirements, while also being refurbished to attract
state-of-the-art customers. This asset has been sold. A (new media)
studio has been identified in Bristol, England which provides a better
base, with all ancillary services, i.e. post-production and music gallery
facilities, already available. Broadband is the global growth engine of
the 21st century for new media. NMTV's technology and multiple revenue
steams from its television production company to a payment systems
product with 3 brands, epaypoint, Web-Pay and iPAYU to manage consumer
cash flow through the Internet in the most cost effective and secure
methodology, positions it well for the future through both organic growth
and growth by acquisition. NMTV's objective is to become a leader in new
media and reward its stakeholders: shareholders, customers, suppliers and
business development partners. For all 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.
Investor Relations Contact:
RTG Ventures, Inc.
917 488 6473
Copyright 2009, Market Wire, All rights reserved.
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