RTGV News .003 RTG Ventures Structures New Preferr
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RTGV News .003 RTG Ventures Structures New Preferred Shares Designation
2012-06-04 06:47 ET - News Release
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
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