$CBMJ Becomes Equity Partner With RLTR Resulting F
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Posted On: 05/12/2021 10:44:30 AM
$CBMJ Becomes Equity Partner With RLTR Resulting From ReelTime’s Acquisition of LoudMouth Media From CBMJ
https://www.globenewswire.com/news-release/20...-CBMJ.html
Powder Springs, GA, May 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- CBMJ Inc. (OTC:CBMJ), Conservative Broadcast Media & Journalism, today announced that it has sold 100% of LoudMouth Media Inc. to ReelTime Media (OTC:RLTR).
RLTR www.reeltime.com will issue 1.0M shares of Restricted Common Stock to CBMJ in exchange for receiving 5.0M shares (100%) of LoudMouth Media Inc. owned by Conservative Broadcast Media & Journalism (CBMJ).
In 2015 "LoudMouth News", which has been produced by ReelTime, became the first, longest running and only syndicated terrestrial (over the air) radio program that focused on the news relating to the marijuana industry in the USA and Canada. LoudMouth presents the news and commentary in an entertaining neutral manner, highlighting the most impactful current news in politics, products, sociological issues, businesses, and the ever-changing perceptions of marijuana usage.
LoudMouth News began as a two-minute syndicated news program and quickly grew to a five-minute segment running as news on a variety of stations across the nation. The news format can be listened to at www.loudmouthnews.com or on an increasing number of stations throughout the country.
LoudMouth News is currently cleared to air on over 700 radio stations in the USA, 128 in Canada. In addition to being broadcast over the air, LoudMouth News is broadcast by YouTube https://www.youtube.com/channel/UCVUtl_HEsKdZ1uTlnjmgB1Q and has been available as a podcast on all Android and Apple devices.
LoudMouth was purchased previously from its creators by CBMJ in its former business model after becoming the title sponsor over six years ago and has continued to have ReelTime produce the property.
ReelTime CEO Barry Henthorn stated: "LoudMouth has built a successful distribution network and has developed itself as a pioneer in cutting edge radio and multimedia content and commentary on all things related to the marijuana industry. Having produced the segments from inception we are very much aware of the impact and following it has developed and envision expanding its scope of subject matter and its distribution now that we own it 100%."
"We are happy to be long term shareholders of ReelTime and over the next 2-3 years look forward to seeing ReelTime valuations increase as they grow their portfolio of media assets. We felt if was a better strategic fit at ReelTime as we focus our efforts on the integration of the Patriot Depot acquisition announced yesterday," stated CBMJ CEO Mark Schaftlein.
https://www.globenewswire.com/news-release/20...-CBMJ.html
Powder Springs, GA, May 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- CBMJ Inc. (OTC:CBMJ), Conservative Broadcast Media & Journalism, today announced that it has sold 100% of LoudMouth Media Inc. to ReelTime Media (OTC:RLTR).
RLTR www.reeltime.com will issue 1.0M shares of Restricted Common Stock to CBMJ in exchange for receiving 5.0M shares (100%) of LoudMouth Media Inc. owned by Conservative Broadcast Media & Journalism (CBMJ).
In 2015 "LoudMouth News", which has been produced by ReelTime, became the first, longest running and only syndicated terrestrial (over the air) radio program that focused on the news relating to the marijuana industry in the USA and Canada. LoudMouth presents the news and commentary in an entertaining neutral manner, highlighting the most impactful current news in politics, products, sociological issues, businesses, and the ever-changing perceptions of marijuana usage.
LoudMouth News began as a two-minute syndicated news program and quickly grew to a five-minute segment running as news on a variety of stations across the nation. The news format can be listened to at www.loudmouthnews.com or on an increasing number of stations throughout the country.
LoudMouth News is currently cleared to air on over 700 radio stations in the USA, 128 in Canada. In addition to being broadcast over the air, LoudMouth News is broadcast by YouTube https://www.youtube.com/channel/UCVUtl_HEsKdZ1uTlnjmgB1Q and has been available as a podcast on all Android and Apple devices.
LoudMouth was purchased previously from its creators by CBMJ in its former business model after becoming the title sponsor over six years ago and has continued to have ReelTime produce the property.
ReelTime CEO Barry Henthorn stated: "LoudMouth has built a successful distribution network and has developed itself as a pioneer in cutting edge radio and multimedia content and commentary on all things related to the marijuana industry. Having produced the segments from inception we are very much aware of the impact and following it has developed and envision expanding its scope of subject matter and its distribution now that we own it 100%."
"We are happy to be long term shareholders of ReelTime and over the next 2-3 years look forward to seeing ReelTime valuations increase as they grow their portfolio of media assets. We felt if was a better strategic fit at ReelTime as we focus our efforts on the integration of the Patriot Depot acquisition announced yesterday," stated CBMJ CEO Mark Schaftlein.
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