AveragePenny
1日前
Leading Public AI Company RLTR Supports No Data Center in Monterey Park and Calls for AI Progress Without Massive Data Center Expansion
https://www.globenewswire.com/news-release/2026/06/10/3309674/0/en/leading-public-ai-company-rltr-supports-no-data-center-in-monterey-park-and-calls-for-ai-progress-without-massive-data-center-expansion.html
RI’s Proprietary Fully Distributed, Infrastructure-Light Architecture Signals a Break from Traditional AI Models as Microsoft, NVIDIA, Alphabet, Meta Platforms, Palantir, OpenAI, Anthropic, xAI, Luma AI, Amazon, and Apple Continue Advancing Capital-Intensive AI Systems
The Company believes the Monterey Park effort represents a major turning point in the national debate over artificial intelligence, infrastructure, land use, energy demand, water use, utility costs, and community consent.
Across the country, communities are being told that massive data centers are a necessary evil in order to receive the benefits of artificial intelligence. ReelTime believes that premise is false.
ReelTime’s advanced intelligence platform, Reel Intelligence “RI,” is built on a proprietary, fully distributed computing architecture that exists in and draws from the connected world rather than requiring the continuous construction of massive centralized AI data centers. RI is designed to deliver advanced intelligence through a more efficient, scalable, and infrastructure-light model that breaks from the capital-intensive path being pursued by much of Big Tech. People are encoraged to try the no data center Intelligence Platform "RI" for free at https://tryrinow.com/
“Communities are being told they must accept massive data centers or be left behind by AI. That is simply not true,” said Barry Henthorn, CEO of ReelTime Media. “RI proves there is another path. Reel Intelligence meets or exceeds the performance and practical capabilities of the major Big Tech AI platforms but does it through a proprietary distributed architecture that does not require the massive data center buildout now driving public opposition across the country.”
ReelTime believes the AI infrastructure debate has been framed incorrectly. The choice should not be between blocking AI progress or accepting enormous industrial-scale data centers in residential, agricultural, or environmentally sensitive communities. Instead, the focus should be on developing more efficient intelligence systems that provide the benefits of AI without forcing communities to absorb unnecessary infrastructure costs and impacts.
RI is designed to provide advanced intelligence across writing, research, image generation, video, audio, automation, multilingual workflows, and real-world productivity. Unlike traditional AI models that increasingly rely on enormous clusters of chips, servers, cooling systems, electrical capacity, and dedicated facilities, RI is structured to provide powerful intelligence by leveraging a proprietary distributed architecture that can live throughout the connected world.
“The Monterey Park vote sends a clear message: communities want a say in whether massive data centers are forced into their neighborhoods,” Henthorn continued. “ReelTime supports that message. As a company in the AI industry, we believe it is important to say publicly that data center expansion is not the only path to AI capability. The benefits of AI can be delivered without the same burden on land, water, power infrastructure, ratepayers, and local communities.”
For investors, RI represents a differentiated AI opportunity at a time when the market is increasingly questioning the capital intensity of Big Tech’s AI strategy. While major AI companies and infrastructure providers continue committing enormous amounts of capital to chips, servers, cooling systems, electricity, and massive real estate footprints, ReelTime is advancing a model designed around capability, efficiency, accessibility, and reduced infrastructure dependency.
This distinction may become increasingly important as local, state, and national opposition to data center expansion continues to grow. Communities are challenging the assumption that AI progress requires industrial-scale infrastructure in their backyards, and ReelTime believes RI is positioned as a direct response to that concern.
ReelTime intends to publicly support organizations and communities working to protect residents from unnecessary data center expansion and to promote awareness that alternative AI infrastructure models exist. The Company invites No Data Center in Monterey Park, San Gabriel Valley Progressive Action, and other data center reform organizations to engage with ReelTime regarding shared messaging around responsible AI deployment.
“There is no need to build massive data centers just to give people the benefits of AI,” Henthorn said. “RI was built to deliver those benefits without the same environmental, financial, and community impact. That is good for users, good for communities, and we believe it is a powerful differentiator for RLTR investors.”
BlueChip$
2月前
Solid PR yesterday...(Finally no asterisk!)
ReelTime's Annual Financials Reveal Major Capital Structure Improvements Designed to Protect Shareholder Value and Reduce Potential Dilution
Nearly 685 Million Potential Shares Reduced or Eliminated, with Share Count Stable Since July 2025, as ReelTime Highlights Debt Reduction, Dilution Discipline, and Capital Stewardship in an AI Market Led by Microsoft (MSFT), NVIDIA (NVDA), Alphabet (GOOGL
Bothell, WA, March 31, 2026 (GLOBE NEWSWIRE) -- ReelTime Media (OTCID:RLTR), the company behind Reel Intelligence “RI,” today highlighted key shareholder-focused takeaways from its annual financial statements for the year ended December 31, 2025, which reflect major capital structure improvements designed to protect shareholder value, reduce potential dilution, and strengthen the Company’s overall financial position.
https://pressranger.s3.us-west-1.amazonaws.com/3213495/RI-Image-74%25.png
RLTR 74% Debt Reduction
By materially reducing both interest expense and the number of shares potentially issuable under prior debt arrangements, while maintaining share count stability since July 2025, ReelTime believes it has taken meaningful steps to preserve future shareholder upside, improve financial flexibility, and support the Company’s ability to capitalize on opportunities surrounding RI and broader strategic growth initiatives.
“First and foremost, we want to thank the long-term supporters of ReelTime who continue to believe in the Company’s future,” said Barry Henthorn, CEO of ReelTime Media. “These financials reflect a decisive effort to strengthen the Company from the balance sheet up in a way designed to protect shareholder value. We reduced debt, lowered interest burdens, extended maturities, and sharply reduced the number of shares that could otherwise have entered the market through legacy convertible instruments. None of these improvements would have been achieved without the constructive engagement of note holders and long-term supporters, without whom these results would not have been possible. We believe that alignment around the long-term future of the Company positions ReelTime to move forward from a much stronger foundation.”
Among the most significant developments, ReelTime restructured 64 convertible notes payable during January 2026. Conversion terms that had previously ranged from $0.0003 to $0.01 were standardized to a uniform conversion rate of $0.01, while interest rates ranging from 10% to 15% were reduced to a fixed 5%, with maturities extended to January 28, 2028.
The Company also reached an agreement with its largest debt holder to retire an existing matured note with an outstanding balance of approximately $2.959 million that carried a 15% annual interest rate. In exchange, ReelTime issued a new note of approximately $287,000 at a reduced 5% annual interest rate, with maturity extended to January 26, 2028. This reduced that obligation by approximately $2.672 million, or roughly 90.3%.
This marked the second major debt reduction executed within the past year. In April 2025, ReelTime reduced debt by approximately $1.2 million. Followed by an additional $53,799 in January eliminating the potential issuance of approximately 122,988,000 additional shares.
Taken together, actions undertaken during January 2026 reduced or eliminated the potential issuance of nearly 685 million shares of common stock that otherwise could have entered the market under prior convertible arrangements, representing a substantial shareholder-focused improvement in ReelTime’s capital structure.
Management also noted that the Company’s outstanding share count has remained stable since July 2025, further underscoring ReelTime’s emphasis on dilution discipline, capital stewardship, and long-term shareholder value.
Combined with the approximately $2.672 million reduction reflected in the restructuring of its largest matured note, these actions represent aggregate debt reduction of approximately $3.872 million, equal to roughly 73.9% of the Company’s reported debt balance at the beginning of 2025 and approximately 67.6% of what total debt would have been at year-end 2025 absent those reduction actions.
ReelTime believes these financial improvements complement the strategic positioning of its Reel Intelligence platform. As Microsoft (MSFT), NVIDIA (NVDA), Alphabet (GOOGL), Meta Platforms (META), Palantir (PLTR), OpenAI, Anthropic, xAI, and Luma continue pushing AI forward through massive data center investment and capital-intensive infrastructure, ReelTime believes RI’s efficient distributed architecture reflects a differentiated model designed to pursue scalability, flexibility, and lower infrastructure dependency.
About ReelTime Media
ReelTime Rentals, Inc. (OTCID: RLTR), doing business as ReelTime Media and ReelTime VR, is a Seattle-area publicly traded company focused on multimedia production and AI innovation. The Company’s flagship Reel Intelligence (RI) platform delivers an integrated multi-modal suite of tools for creating images, audio, video, and more. ReelTime has also been a pioneer in virtual reality content development and technology, providing end-to-end production, editing, and distribution services. The Company continues to leverage its expertise to transform how content is produced, distributed, and experienced worldwide.
Media Contact
Barry Henthorn, CEO
ReelTime Media
ceo@reeltime.com
www.ReelTime.com
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