SEC Requirements Postpone RTGV/NMTV Close
NEW YORK, NY--(Marketwire - September 30, 2009) - RTGV (OTCBB: RTGV): The officers of RTGV and
NMTV have announced that it has to defer the closing of the share exchange
between RTGV and ANHL, NMTV et al, for a period not expected to be longer
than six weeks in order for NMTV to complete the acquisition of BMC and to
integrate all of the reporting required into the Super 8-K which has to be
produced 4 days after the share exchange is completed. As announced on
August 3, 2009, RTGV has met all of its Conditions of Closing, but because
of the imminent acquisition of BMC, announced on September 24, 2009, NMTV
is unable to meet its Conditions. The management of NMTV seriously
considered passing on the acquisition of BMC or delaying it until after the
scheduled closing, but all agreed that this would adversely affect
investors' ROI, and we have assured shareholders that we would be
opportunity-driven. If the acquisition was
September 30, 2009 | Filed Under
Mergers and Acquisitions Comments