R Three Technologies Inc. (OTCMKTS: RRRT) (R3T), a company who partners with promising businesses to transform industries through technology, announced its LOI with VirtualCons, LLC. This is one of several acquisitions R3T plans on making over the next few months, and will include the appointing of VirtualCons’ CEO Michael A Mota as President of R3T’s Entertainment Division.
VirtualCons is a digital platform used for conventions, allowing fans to connect both in person and online and providing unique opportunities to meet with celebrities. Its app is available for both Apple and Android devices, and includes a social media aspect where users can livestreams and exclusive content.
R3T’s acquisition of VirtualCons aligns with its mission to seek the best in partnerships that promote technological innovation. Speaking on the company’s partnership with VirtualCons, R3T CEO William Benson said ”together, we will assemble a world class executive team that will change the way people view entertainment with cutting edge technology.”
Michael Mota, CEO of VirtualCons, has worked with William Benson for several years and proven success in his past roles as Vice President of Marketing at Alex & Ani and Seven Swords Media. At R3T, Mota has partnered the company with celebrities like Ice-T, Armand Assante, musicians, artists, and other entertainers.
The partnership between these two companies will also allow R3T to launch Phase 2 of its app to bring improved technology and experiences to its user platform. The company looks forward to its next two acquisitions to show shareholders it is gaining momentum in the industry.
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