RTG Ventures Structures New Preferred Shares Designation

Published on Monday, 04 June 2012 06:56 Written by TradersHuddle Staff

NEW YORK, June 4, 2012 /PRNewswire/ -- RTG Ventures, Inc. (OTCQB:RTGV)  filed an Amendment with the Florida Secretary of State to increase its Authorized Preferred Shares (APS) to 4,000,000 from the previous 2,000,000. The additional APS have been designated as Series 2 for acquisition purposes. The action was approved at the Board of Directors Meeting held in London on May 2, 2012.

The Authorized Common Shares remain at 750,000,000 and RTG Management does not anticipate an increase in the authorization.

The meetings in Los Angeles attended by Linda Perry went well, as expected, and all details will be available shortly via an 8-K.

Reggie James is travelling to New York today from London and Steve Baughman from Los Angeles to attend business development meetings throughout the week.  Perry and James will also attend the National Investment Banking Association Conference being held June 7-8 in NYC. They attended the previous conference held in New Orleans in April.

The Board of Directors is planning a Letter to Shareholders following the 8-K filing to provide additional information.

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.

Investor Relations Contact Information

David Marioni

First State Internet Services LLC

Wilmington,

DE 19804

Tel: 302-983-8196

SOURCE RTG Ventures