Reality Racing, Inc. Gets New Ticker Symbol (RRGI)
21 Septiembre 2006 - 9:34AM
PR Newswire (US)
BOCA RATON, Fla., Sept. 21 /PRNewswire-FirstCall/ -- Reality
Racing, Inc. (OTC Pink Sheets: RRGI), formerly listed on the OTC
Pink Sheets market as RRCG, has changed its ticker symbol to RRGI
on the heels of its successful 4:1 stock split. Reality Racing's
President, Lee F. Schaefer, stated, "This past week has been
extremely exciting for us at Reality Racing (RRGI). Between the
thousands of applications we've received from contestant hopefuls,
the offering of our Platinum sponsorship package, the successful
execution of our 4:1 forward split, and now the transition into a
new ticker symbol (RRGI), we couldn't be more optimistic about the
future success of our show. "The most reassuring aspect of this
whole process has been the fact that we have reached all of our
goals according to schedule. In August, we were thrilled to
announce that Cinamour Entertainment would be partnering up with us
as the producer of our show; their extensive past experience
producing successful reality TV shows should be an excellent fit
for Reality Racing - The Rookie Challenge. We were also thrilled to
reach a merchandising agreement with Arrasmith Promotions, LLC,
giving us the ability to generate revenue by selling numerous
Reality Racing branded products. "It was after our shareholders'
meeting in early September that things really started to intensify.
We had a chance to interact on a more personal level with our
shareholders and you could feel the excitement course throughout
the room. We were able to discuss details of our 4:1 forward split,
and the financial strength of the company, all of which gave
shareholders a positive understanding of our momentum and our
growth model as we move forward to achieve vast success in the
reality television marketplace. "When we started working on this
concept, we knew that there were roughly 75 million racing
enthusiasts, in addition to tens of millions of people who
regularly tune in to reality television programs. By combining
these two overwhelmingly popular concepts into one unique TV
phenomenon, we are anticipating massive success for Reality Racing
- The Rookie Challenge, and fully expect our rapid progress to
drastically increase shareholder value." Nextel Cup(R) Series and
NASCAR(R) legends Bobby and Donnie Allison, Cale Yarborough, Rusty
Wallace and Junior Johnson are just a few of the confirmed racing
superstars who have joined the Reality Racing team and will act as
judges and mentors for the contestants. The winner of Reality
Racing - The Rookie Challenge will be given the opportunity to
drive professionally in a NASCAR-sanctioned race, receive
international exposure as a future racing superstar, and earn both
a cash award and gold championship ring. Information, including
press releases issued under the company's former ticker symbol
(RRCG), can be obtained by viewing the Reality Racing website at
http://www.realityracingtv.com/ . Safe Harbor Forward-looking
statements made in this release are made pursuant to the "safe
harbor" provision of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements made by Reality Racing, Inc.
are not a guarantee of future performance. This news release
includes forward-looking statements, including with respect to the
future level of business for the parties. These statements are
necessarily subject to risk and uncertainty. Actual results could
differ materially from those projected in these forward- looking
statements as a result of certain risk factors that could cause
results to differ materially from estimated results. Management
cautions that all statements as to future results of operations are
necessarily subject to risks, uncertainties and events that may be
beyond the control of Reality Racing, Inc. and no assurance can be
given that such results will be achieved. Potential risks and
uncertainties include, but are not limited to, the ability to
procure, properly price, retain and successfully complete projects,
and changes in products and competition. For investor relations
information, contact: Gabe Sandler Sandler Communications, Inc.
Phone: 866-772-0118 Email: DATASOURCE: Reality Racing, Inc.
CONTACT: Gabe Sandler of Sandler Communications, Inc.,
+1-866-772-0118, or , for Reality Racing, Inc. Web site:
http://www.realityracingtv.com/
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