They are under new management now... and the charts are looking like they are turning up. VERY LOW FLOAT!!!
New management. Young girl (27) with fortune 500 consulting ties in telecom. 100 million shares provided her for compensation is restricted! Here is the quote from recent filing:
The compensation to be paid to Ms. Puja Mehta is the sum of ONE HUNDRED AND TWO MILLION SHARES OF RESTRICTED STOCK.
LOW FLOAT:
RTGV -- RTG Ventures, Inc. Com ($0.001)
Address: Berkeley House Berkeley Square London, W1J 6BD United Kingdom
Phone: 011 44 20 7887-6180
Business Description: Not Available
State of Incorporation: FL
Officers: Linda Perry, Pres.
Fiscal Year End: August 31
Outstanding Shares: 38,233,000 as of 2004-07-13
Estimated Market Cap: Not Available Float: 26,500,000 as of 2003-09-30
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RTGVentures, Inc. (RTGV:OB) is an Internet- based gaming and events provider focused on the Chinese market. The company has acquired the exclusive rights to promote and execute championship events in Chinese Chess (Xiangqi), Chinese Poker, Mah jong and other skill games through the Sports Ministry of the People’s Republic of China (PRC).
RTGV will be operating in a competition-free environment. The championships will take place under the auspices of the Chinese Chess Association (CCA), the tactical arm of the Sports Ministry, who will encourage all the nation’s players to participate in the national championships. At present the CCA estimates that for chess alone, half the population of China play, with 11 million people already holding a ranking. These games will be Internet events, which become land-based semi-finals and finals in selected Chinese cities. The land-based events will be televised with the expectation of tens of millions of viewers.
RTGV will see significant revenue opportunities from gaming participation, sales of television rights and advertising/sponsorship of events from Western brands. Following China’s membership in the World Trade Organization in 2000, Western companies have been clamoring for a footprint in China. RTGV can provide that opportunity by sponsorship supporting games revered by the Chinese for generations.
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Beautiful white candle formed... MACD crossing over, Stochs have crossed and are going up. price is up on below average volume. This is going UP!!!!!
If you are looking for a one day in and out, this is not it... I see this as a couple day hold. The charts do not lie!
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posted
Thanks... maybe the moderator can change without us having to start a new thread.
Bob... can you do that???
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posted
Thats the perfect time to buy... you don't have to chase.......
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posted
Bob... please lock this thread as it has the wrong ticker symbol on the title!
Thanks...
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