NEW YORK, LOS ANGELES, and LONDON, Jan. 9, 2013 /PRNewswire/ -- RTG Ventures, Inc. (OTCQB: RTGV) today announced that it has completed its company name change to Digital Brand Media & Marketing Group, Inc. The new trading stock symbol will be OTCQB: DBMM upon regulatory approval.
It is worth mentioning as stated in the last release and summarized in the Financial Overview: "After a very difficult year, fraught with challenges and hurdles, we see 2013 as poised for growth on multiple fronts. With capital infusion, which will allow us to bring in new clients, grow existing successful clients and service them accordingly, coupled with an offer of a deferred tax asset to attract partners with significant revenue and expansion patterns, we have a model in place which will be more sustainable."
After a year, the Company's Authorized Shares have been reset at 1,000,000,000 by The Board of Directors.
Since September, 2011, RTG Ventures, Inc. left its top operating role open as it streamlined its business offering and focused on digital marketing services through technology. Once the business model was successfully tested as described in the recent 10-K, it is appropriate to formally name the face of the Company as a dual appointment. Reggie James, Senior Vice-President of Marketing and Communications and Executive Director and Steven Baughman, Head, US Operations, to Co-Chief Operating Officers. The Company Officers retain their previous positions as well as the collaborative role. James and Baughman have worked very closely together since Baughman joined the Company. The result in a short period of time has been that the relationship has developed new business opportunities to grow with emerging brands in entertainment, music and fashion.Speaking on the changes, Reggie James, Senior Vice-President of Marketing and Communications and Executive Director, said, "Behind the scenes, it has been clear for some time that people are our strongest asset and the name change is far more reflective of the company's new direction." James went on to say, "Having worked closely with Steve Baughman ( http://bit.ly/UApCP2) on music and entertainment related projects we have built a strong rapport and also defined a clear niche in the market that plays on the strengths of those assets." James added, "Steve's (Baughman) reach and ability to leverage a deep and vast network of opportunities indexed against the growth and opportunity in the digital marketing arena means the company is poised for major growth, on a global scale." A new website will be rolled out in due course, alongside further announcements that will have a major impact on the growth and direction of the business.