Business
Baristas Receives Initial $250,000 Allocation of Co-Op Funds for Munchie Magic Media Rollout from ReelTime Medias' Three Million Dollar Media Funding Group Commitment
Baristas Receives Initial $250,000 Allocation of Co-Op Funds for Munchie Magic Media Rollout from ReelTime Medias' Three Million Dollar Media Funding Group Commitment.
About this update from Baristas Coffee Company Inc.
[{"type":"text","content":"SEATTLE, WA / ACCESSWIRE / November 21, 2019 / Baristas Coffee Company/Munchie Magic has announced that it has been allocated $250,000 of Co-Op Media Funding from ReelTime Medias' $3,000,000 (three-million-dollar) commitment it received from Media Funding Group to be utilized specifically to place media for Baristas Munchie Magic virtual restaurant.ReelTime Media (OTC PINK:RLTR) has just announced that it has received a commitment from Media Funding Group to fund up to $3,000,000 (three million dollars) of funding to be utilized specifically to place media for products that need exposure but may not have the cash available to properly market.Companies that have a product that they feel could benefit from media exposure and advertising should apply at www.reeltime.com to determine how much of the fund that they may be able to utilize. Decisions as to how much may be allocated are based on the appeal and margins of the products along with the viability and visions of the companies themselves.As part of the deal, ReelTime Media will act as agency of record for any of the placements done that utilize the $3,000,000 (three million dollars) in funding commitment promoting the products that are accepted to the media funding program.Media Funding Group, "MFG" is the venture capital division of a direct response firm operating since 2005. MFG currently has contracted to provide funding in excess of $8 million to 6 companies in sectors including Real Estate, Technology, Consumer Goods and Nutraceuticals has made a commitment to deploy $3,000,000 in media funding through ReelTimes media funding division. The funds will be dispersed to provide media creation and placements of products that ReelTime and MFG believe will be able to create positive returns on investments. Deployment of media under the media funding model are done generally on a "pay per sale", royalty, or equity investment basis.The first $250,000 allocation of the Media Funding has been allocated to Baristas Coffee Company (OTC PINK:BCCI) as Co-Op funds for its "Munchie Magic," the first Virtual Restaurant that features Ben & Jerry's ice cream and Baristas coffee products along with other snacks delivered to homes and businesses. The specific pay per sale terms will vary based on the specifics of the media purchased. Munchie Magic is ...