Sandler Communications Issues Letter to the Shareholders and Fans of Reality Racing
15 November 2007 - 3:50PM
PR Newswire (US)
HOUSTON, Nov. 15 /PRNewswire-FirstCall/ -- Gabe Sandler, Secretary
and Vice President of Reality Racing Inc. (Pink Sheets: RRGI), and
President of Investor Relations firm Sandler Communications Inc.,
issued the following letter today to the shareholders and fan club
of Reality Racing: Dear Shareholders, Fans and Colleagues, First of
all, let me begin this letter by saying thank you for giving me a
chance to communicate with you in this format. My team and I are
all deeply honored to have heard from so many of you, and that you
have shared with us so many supportive sentiments and brilliant
ideas. Your enthusiasm reminds me every day just how powerful a
project Reality Racing can and will truly be. Although we have had
a quiet month in the press, many great things are happening with
the company, and I look forward to announcing them in the very near
future. For now, maintaining the highest degree of corporate social
responsibility continues to be my primary goal. As we are currently
under-resourced and understaffed, my team feels that it is in our
collective best interests to postpone our current commitments so
that we can effectively focus on necessary business process
reengineering and change management. We will be conducting
interviews over the next several weeks with industry specialists
and consulting experts, whose primary task will be to help remodel
the aspects of the current business that are already strong in
foundation. In this matter, protection of shareholder equity is of
highest priority. We will also be looking for the right personnel
to take on the long-term commitment at hand of creating a
successful public company television show. In this effort, we
endeavor to build a strong team that will build upon our company's
fundamentals, take into account the opinions of our investors and
shareholders, while at the same time avoiding making any hasty or
unnecessary changes that might damage our long-term sustainable
growth and development. We will be considering many proposed ideas
at our upcoming Shareholder's and Board Meeting, which we have
tentatively now scheduled for January in Houston, TX. Included
amongst the topics for discussion are: the formation of Board
Committees and possible spin-off business subsidiaries designed to
pursue certain aspects of the operating company that we believe
will have a high potential for profitability. We will discuss ideas
for expanding our concept into additional markets, for instance,
pursuing WebTV to make Reality Racing a global brand whose value
may even extend beyond that of American Idol (TM) or NASCAR (TM).
Initially, a strong focus will be placed on generating immediate
revenue from merchandise and advertisement sales, areas for which
we have also been in discussions regarding possible rebranding and
market repositioning from both a licensing standpoint and with
regard to advertisement sales. Other decisions will be made
pertaining to the handling of live events, getaway packages, and
training programs. Our goal is to emerge as a business with a more
successful formula, both as an operating company and as a public
market brand-holder. To that end, we are looking to build upon our
current foundation with a strong sponsorship roster and an
intelligent capital formation strategy that combines product sales,
reinvestments from existing shareholders, and possibly a private
placement offering. The company has heard from over ten accredited
investors, institutions, and potential sponsors, all of which were
unsolicited. We believe so far that these discussions are going
well. In total, we have received several significant offers, each
ranging from $1 million to $5 million, although the intricacies of
each I cannot discuss at this time. I am committed to this project
for the long-term, and I feel very confident moving forward that it
is best for me to hold my position. From my perspective, there are
many strong indicators of good things to come. About Sandler
Communications Inc. Sandler Communications is headquartered in
Houston, TX, with satellite offices in New York, California,
Florida, Canada and the UK. The firm is an investor relations and
financial public relations firm, specializing in ESI, electronic
discovery, Sarbanes-Oxley compliance, and the creation of XBRL-
enabled streaming-data management systems for automation of
electronic disclosure. Although the firm is primarily dedicated to
servicing the investor relations needs of its clients, it also
focuses on public relations and financial consulting. Sandler
Communications is a proud member of NIRI, ACG, PRSA, XBRL US, SBA,
GTS, SCIA, ACN, PRMIA, NYSSA, TexChange, AAWC, and the BBB. The
firm promotes careful study of securities laws and professional
risk management, and has made a strong commitment to help enhance
investor education and awareness worldwide, particularly amongst
the over-the-counter markets where investors face the highest
likelihood of corporate fraud and fiduciary irresponsibility
damaging their equity. For more information about Sandler
Communications, visit the company webpage at:
http://www.sandlercommunications.com/ Also, vote for Gabe Sandler
in the upcoming XBRL Steering Committee election:
http://xbrl.us/pages/elections.aspx Or contact: Investor Relations
Sandler Communications, Inc. Tollfree: 866-772-0118 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 Incorporated 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 Incorporated 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. Section 17(b) of the Securities Act of 1933, requires
public disclosure by any publicist of the amount of compensation
received from Reality Racing, Inc. (the "Company"), whose shares
are publicly traded. Sandler Communications, Inc., ("SCI") has
received the following compensation from the Company: $36,000 in
cash; 4,200,000 of Common Shares (restricted under Rule 144);
$240,000 as a Promissory Note; to disseminate corporate information
to the public. Further, SCI has or expects to receive compensation
either in the form of cash, equity shares or both for publicity
services which it has rendered, or may render to, or on behalf of,
the public Company. Sandler Communications, Inc., is the holder
(directly or indirectly as beneficiary)of 65,200,000 shares of
common stock of the Company which it previously received,
purchased, agreed to purchase, or purchased in accordance with
others. Gabriel P. Sandler, a Principal of SCI, is an officer
and/or director of the Company. DATASOURCE: Reality Racing Inc.
CONTACT: Investor Relations of Sandler Communications, Inc.,
1-866-772-0118, , for Reality Racing Inc.
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