OTC Bulletin Board
S & P Company Insight for RTG VENTURES INC |
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Profile
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| Business Summary: RTG Ventures, Inc. holds rights to arrange, organize, and promote Chinese Poker Championship and Mah-jong Championship in the People's Republic of China. The company was founded in 2000 and is based in New York, New York. | | | Address 185 Madison Ave
New York
, NY 10016-4325
Phone: 917-488-6473
| | Auditor |
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Sherb & Co.
| | Transfer Agent |
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Interwest Transfer Co. Inc.
| Employees: 3
| Founded: 1998 Domicile: Florida | | | |
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Background
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| RTG Ventures, Inc. holds rights to arrange, organize, and promote Chinese Poker Championship and Mah-jong Championship in the People's Republic of China. The company was founded in 2000 and is based in New York, New York. | | History: INCORPORATED in Florida Sept. 29, 1998.
May 15, 2003, acquired 100% of the outstanding Common stock of MJWC, Inc. for 22,750,000 Common shares.
In May 2003, acquired certain intangible assets of Brain Games Asia, Inc. for 3,725,000 Common shares. | | | | Subsidiaries: |
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MJWC, Inc.
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Management
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Management
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| Officers | Position |
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| Linda Perry | President & Chief Executive Officer | | J. Barrington Fludgate | Secretary, Chief Financial Officer & Chief Accounting Officer |
| | Directors |
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| J. Barrington Fludgate | | Linda Perry | | | |
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Annual Report
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| Annual Report |
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| | | Income Statement | |
| 2004 | 2003 | 2003 |
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| Non-cash compensation | 1,817,000 | 4,500 | 4,500 | | General and administrative | 591,828 | 223,000 | 147,322 | | Impairment of intangibles | 26,475 | -- | -- | | Merger and acquisition costs | -- | -- | 634,751 | | Net income | (2,435,303) | (227,500) | (786,573) | | Share earns. basic | ($0.07) | ($0.01) | ($0.03) | | Share earns. diluted | ($0.07) | ($0.01) | ($0.03) | | WEIGHTED AVERAGE SHARES | 36,791,333 | 32,133,000 | 28,268,417 | | Operating Income As Calculated | (2,408,828) | (227,500) | (151,822) |
| | | | Balance Sheet | |
| 2004 |
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| ASSETS: |
| | TOTAL ASSETS | -- | | LIABILITIES AND STOCKHOLDERS' EQUITY |
| | CURRENT LIABILITIES: |
| | Accounts payable and accrued expenses | 754,037 | | TOTAL CURRENT LIABILITIES | 754,037 | | Common stock, no par value | 2,695,339 | | Deficit accumulated during development stage | (3,449,376) | | TOTAL STOCKHOLDERS' EQUITY | (754,037) | | TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | -- | | Equity per Share | -- | | Common Shares | 38,233,000 |
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* Co. changed its annual reporting period to one ending on Aug. 31 from one ending on May 31, effective in 2004. | | | |
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Interim Report
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| Interim Report
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| | | Data Not Available | | | | | | | | | |
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Pro Forma Report
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| Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
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Quarterly Report
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| Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2008 |
1 | Nil | | 2008 |
3 | Nil | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
4 | Nil | | 2007 |
Full Year
| Nil | | 2006 |
Full Year
| Nil | | 2005 |
1 | Nil | | 2005 |
3 | Nil | | 2005 |
Full Year
| Nil | | 2004 |
1 | Nil | | 2004 |
3 | Nil | | 2004 |
Full Year
| Nil | | 2003 |
Full Year
| Nil |
| | | | | | Quarterly Net Income, US$ |
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| Year | Quarter | Revenue | | 2008 |
1 | (130,000) | | 2008 |
2 | (120,000) | | 2008 |
3 | (90,000) | | 2007 |
1 | (80,000) | | 2007 |
2 | (740,000) | | 2007 |
3 | (130,000) | | 2007 |
4 | (70,000) | | 2007 |
Full Year
| (1,020,000) | | 2006 |
Full Year
| (130,000) | | 2005 |
1 | (110,000) | | 2005 |
3 | (20,000) | | 2005 |
Full Year
| (620,000) | | 2004 |
1 | (210,000) | | 2004 |
2 | (170,000) | | 2004 |
3 | (440,000) | | 2004 |
Full Year
| (2,435,300) | | 2003 |
Full Year
| (780,000) |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2007 |
1 | Nil | | 2007 |
2 | (.01) | | 2007 |
3 | Nil | | 2007 |
4 | (.02) | | 2007 |
Full Year
| (.01) | | 2006 |
Full Year
| Nil | | 2005 |
1 | Nil | | 2005 |
3 | Nil | | 2005 |
Full Year
| (.01) | | 2004 |
1 | (.01) | | 2004 |
2 | Nil | | 2004 |
3 | (.01) | | 2004 |
Full Year
| (.07) | | 2003 |
Full Year
| (.03) |
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Stock Data
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| | | Capitalization as of 05/31/2005: | | | | | Authorized Shares | Outstanding Shares |
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| Common no par | 100,000,000 | 85,318,885 |
| | | | LONG TERM DEBT: None. | | | | Common no par | | | | |
Transfer Agent: Interwest Transfer Co. Inc.
Salt Lake City
, UT | | | | OTC Bulletin Board( Primary): RTGV | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2007 | 0.1250 | 0.0035 | | Over The Counter | 2006 | 0.0150 | 0.0000 | | OTC Bulletin Board | 2005 | 0.0240 | 0.0010 | | OTC Bulletin Board | 2004 | 0.6900 | 0.0160 | | OTC Bulletin Board | 2003 | 1.1000 | 0.2100 |
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| | | | DIVIDENDS: Common no par: None. | | | | | |
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