NEW YORK, Oct. 11, 2011 /PRNewswire/ -- RTG Ventures, Inc.
(OTCQB: RTGV) Announces that it is reviewing all its strategic
options for the future development of the business, in particular,
its technology platform CloudChannel.
This is the first announcement since the company charged the
stewardship to its digital & development vehicle, Digital
Clarity.
Reggie James, currently managing
Director of Digital Clarity, said, "Since taking a tighter grasp of
the CloudChannel vehicle, it has been imperative and timely for me
to take this review; Not just on product, but company-wide and
deliver some wholesale changes."
James added, "The review has consisted of looking at
organizational as well as operational structure and how this has
impacted on market performance. The results thus far are leading
toward the company making positive wholesale changes that will
result in a streamlined operation. We will be focused on delivering
strong product, service, and revenue generation."
James went on to say, "Further announcements will be made very
shortly as we just concluded our first fiscal year which will
position the company in a stronger position to help us better and
aggressively achieve our goals."
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.
Contact Information
Investor Relations Contact:
David Marioni
First State Internet Services
Wilmington, DE 19804
302 983 8196
SOURCE RTG Ventures, Inc.