RCN Fact Sheet

Company Name: Reality Cable Network Ltd Tel: 0540722475 Subject: Corporate Fact Sheet E-mail: [email protected]

1 | P a g e

S/N Item Description

1. Name of Company Reality Cable Network Limited

2. Registration Number CS114072012

3. Tax Identification Number C000123644X

4. Date of Incorporation December 4, 2012

5. Contact person I Mr. Selassie Nyadzi

Director of Corporate Affairs Tel: 0540722475 E-mail: [email protected]

6. Contact person II Mr. Paul T. Patrick

Director of Finance Tel: 0265345448 E-mail: [email protected]

7. Contact person III Mr. Herbert Tombia

Director of Administration Tel: 0571962378 E-mail: [email protected]

8. Core Management Team Messrs. Selassie Nyadzi, Paul T. Patrick, and

Herbert Tombia 9. High-profiled personnel Dr. Spio-Garbrah

RCN President Tel: 0206433663 Hon. Sabah Zita Okaikoi RCN Vice-President Tel: 0244321017

10. Areas of operations I. TV Broadcasting Service II. Media Production

III. Media Franchising

mailto:[email protected]




2 | P a g e

11. Sponsor 1 MTN Ghana (USD3.5 million) 12. Sponsor 2 Stanbic Bank Ghana (USD80.0 million) 13. Annual Budget Season One of World Tribal Hero, USD6.5

billion 14. Business plan Drawn and subject to vary in accordance with

market conditions and future economic policies by various governments in the world over.

15. Concept Note Prepared and submitted to Ghana Copyright

Office for registration. 16. Sources of Revenue Registration of World Trade Hero E-mail

Voters, mobile phone-user subscriptions, phone-voting airtime charges, phone-voting SMS charges, Pilot DVD advertisement, Pilot DVD global sales, World Tribal Hero contestants photo album, corporate biography, and magazines, World Tribal Hero Branding on different products, on-air advertisements, organizing tours and events, running opera shows, developing and selling of video games, licensing World Tribal Hero branding to theme-parks worldwide, operating limousine services for contestants, spectators, and the public, running virtual offices for contestants, spectators, and the public, operating serviced apartments for contestants, spectators, and the public, producing branded products and selling all over the world, media franchising, and TV production services.

17. Taxable Income 30% of Net Profits will be going into tax. An

estimated USD3 billion will be made and USD1 billion will be paid as tax to government


3 | P a g e

authorities worldwide. 18. VAT Registration Value-added Tax will be registered and duly

paid to the relevant authority when the company starts operations in line with the terms (12.5%) on the payment of VAT in Ghana and globally.

19. Bringing in the Ministry of

Foreign Affairs, Ministry of Trade, and Ministry of Communications

In line with the policies of the present government, Reality Cable Network Limited (RCN) will initiate a world-class reality show in the service industry, generate huge sums of revenues from every nation in the world, settle the relevant tax VAT authorities, and bring home wealth that will better the lot of the Ghana economy. Three key ministries that Reality Cable Network Ltd will have to deal with in the world over are: The Ministry of Foreign Affairs, Ministry of Trade, and Ministry of Communications. By having the collective help and think tank of these three ministries, Reality Cable Network Ltd can make the current President of Ghana, President John Dramani Mahama, proud of the developments in the media industry in Ghana.

20. Meeting the “Better Ghana Agenda”

History has it that the German dictator, Adolf Hitler would have been the greatest statesman that ever lived for developing Germany within four years and taking the global superpowers on an international warfare if not for his war crimes. Reality Cable Network Ltd has positioned itself to contribute to the economy of Ghana, create jobs, and contribute to the development of the media industry by teaming up and partnering with all existing corporations in the country and the world at large.


4 | P a g e

21. Media partners in Ghana Reality Cable Network Ltd is currently forging partnership arrangements with GTV Ghana and Multi-TV. Together, these two media houses will sell the broadcasting rights to almost the entire TV and Cable Networks in the world.

22. Reality Cable Network

Corporate Account in Ghana

Reality Cable Network Ltd is opening its current account with Stanbic Bank Ghana at its headquarters at Valco Trust House, Accra, Ghana. As an award-winning investment bank with its parent bank in South Africa, Standard Bank, amassing USD180 billion in assets, together, the business objectives of RCN worldwide can be realized.

23. Cable TV agenda Reality Cable Network Ltd has watched with

dismay why the Western World would have all the best TV and Cable Networks in the world. With Ghana being a member of the World Trade Organization (WTO) and one of the fastest growing economies in the world to date, it time for entrepreneurial minds in here to rise up and take the super-media organizations by storm. RCN believes that it can capture a fraction of the global media enterprise by 5%, which translates to USD6.5 billion or 8% of Ghana GDP of USD80 billion.

24. Reality Show Agenda The world has never before explored the

relevance of all the existence of different tribes, not even the world-class encyclopedia taking the trouble to highlight this relevant area of the human race. Reality Cable Network Ltd will be the first to throw as much light as possible in this area of human civilization, create fun with it, amuse and entertain the world, create jobs in every nation in the world,


5 | P a g e

pay taxes worldwide, create understanding and harmony amongst all the different ethnic groups and cultures.

25. Media Franchising

Agenda Reality Cable Network Ltd will harness all of the existing assets of media organizations worldwide by means of entering into joint ventures with them, exchanging stocks, procuring and investing in shares in the five-top media organizations in the world, and sit in on their board meetings, and get sponsorships from Ghana governmental agencies and the like all over the world.

26. The Broad Capital Base of

the Company Reality Cable Network Ltd is modeled like the top-five media organizations in the world. It is targeting a market share of USD6.5 per annum. There is a great array of opportunities for individuals, institutions, corporate organizations, and governments to invest in the company. The current authorized share allotment of the firm is USD100 million. At the end of its first year of trading, the share allotment might rise to USD3 billion. Government agencies in Ghana could seize the opportunity to invest or sponsor the project and benefit alongside. The current sponsorship bid with Stanbic Bank Ghana and MTN Ghana for USD83.5 million is only a token compared to the future capital that will accrue to the company through annual sales. The Ministry of Communications and RCN Global Capital Management Committee Board can allocate USD100 million to develop the concept of the world-class reality show, World Tribal Hero. The government is expected to reap as much as USD1 billion in corporate taxes. This


6 | P a g e

Western business model has come at no better time than now that the ruling party in Ghana, NDC, has a Better Ghana Agenda to manifest.

RCN Fact Sheet

Documents

Transcript of RCN Fact Sheet