NEW YORK, LOS ANGELES and
April 5, 2013
/PRNewswire/ -- RTG Ventures, Inc. (OTCQB: RTGV) provides an update following recent activity and the Company's recent restructuring to meet the requirements for a joint venture, investment or acquisition.
The Company is in early stage but in-depth discussions with a major
based interactive marketing and media organization that specializes in arranging and hosting major upscale music events. The partnership would market Digital Clarity's services to sell-in alongside their current offerings on the latest trends in lifestyle, music and fashion. RTG Ventures' focus has been on entertainment, sports and fashion so lifestyle branding is a natural extension.
, Senior Vice President of Marketing & Communications and Co-Chief Operating Officer said, "Tapping into the proposed company's extensive network will be invaluable to the expansion of our service set to address the entertainment arena." He added, "This is an ambitious and young company that has a loyal group of customers and on top of the base in
, it also has an established network in
– an exact mirror of RTGV's geographic ambitions in the US." James went on, "A proposed combination would put RTGV into a very high profile environment that is generating masses of interest across a wide set of vertical markets both at end user companies and investment houses, namely that of digital brand and advertising – a market that in digital spend alone is predicted to exceed
in 2013 according to WPP."
The Company expects its new trading symbol to be designated by FINRA early next week. FINRA required the Company to identify three choices for its symbol, from which FINRA selects one.