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Simlatus Corporation (SIML)

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Last Post: 1/13/2017 10:27:02 AM - Followers: 389 - Board type: Free - Posts Today: 0


 



     

 

The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. The current customers of our products include large broadcast giants such as CBS, NBC, ABC, FOX, ESPN and DIRECTV, plus the many smaller broadcast customers which include religious facilities, international broadcast facilities and colleges, as well as various radio stations. The new product designed in augmented/virtual reality markets allow the company to capitalize in this $120B growing industry.
Grid Petroleum Corp. announces today the recent sales of their broadcast equipment and recent quotes for future purchases from the US Navy and additionally one of their Hong Kong distributors, totaling approximately $60,000.

These are $2,700 systems used as broadcast transfer protection switches. Our California based Ensemble Designs Inc. purchased 25 Analog Audio DA units and they continue to support our products on a regular basis." Mr. Schatz further stated, "We have been asked to quote some of our distributors who are handling government based sales, and the US Navy requested a quote worth $49,000 for the purchase of 40 Innovation 16X1 Relay Modules and 40 Innovation 16X1 X-Y 1RU Control Panels. Our Arizona based distributor, PreCo, purchased our 4 Channel AES Audio Delay; while we quoted our Hong Kong distributor, MediaTech International Ltd., for our 16X16 Analog Video Stereo Router at $6,975 each, 16X16 Analog Stereo Audio 1RU at $3,475 and 10 smaller systems including various remote control panels."
Grid Petroleum Corp. has recently purchased the $6.2M RJM asset of broadcast equipment technology and appointed Robert Stillwaugh as its new Chairman, Gary Tilden as Chief Executive Officer and Mike Schatz as Chief Operations Officer as a part of acquiring the assets of RJM and Associates LLC, and pursuant to the Form 8-K filed on March 10, 2016. RJM and Associates, LLC has developed, manufactures, markets and owns proprietary advanced broadcast equipment and software and sells this audio and video broadcast equipment worldwide. These systems have been sold worldwide over the past 15 years including some of the major world dominant broadcast companies such as CBS, FOX, NBC, ESPN, ABC and DirecTV.



(Simlatus Corporation) -- has recently announced that is has filed an 8K today referencing the successful negotiations with various note holders to extinguish toxic notes carried on its balance sheet.

The company filed an 8K today detailing the removal of toxic debt sitting in its balance sheet. There were another $32,980 in notes that were extinguished and removed from the balance sheets this week. This action eliminated the possibility of converting more than 650,000,000 free trading shares into the market. The company will file an 8K next week referencing the remaining notes and balances.

The company is renegotiating to restructure a note with Black Bridge Capital so that there is no toxic conversions in the future. This will be disclosed next week.

The company filed its DEF14C on April 21, 2016 regarding its name change to 'Simlatus Corporation'.

On March 9, 2016 the company appointed Robert Stillwaugh as its new Chairman, Gary Tilden as Chief Executive Officer and Mike Schatz as the Chief Operations Officer as a part of acquiring the assets of RJM and Associates LLC, and pursuant to the Form 8-K filed on March 10, 2016. RJM and Associates develops, manufactures, markets and owns proprietary advanced broadcast equipment and software and sells this audio and video broadcast equipment worldwide through their distribution network. These systems have been sold for over the past 15 years to some of the major world dominant broadcast companies such as CBS, FOX, NBC, ESPN, ABC and DirecTV.

This transaction has allowed the company to acquire existing revenues and an asset worth $6.2M. All operations will be held at the existing corporate facility located in Grass Valley, California. This northern California facility is in the historic digital media hub of the world and an extension of the Bay-Area/Silicon Valley's tech system where Apple, Google and Yahoo reside.

The company is now designing and planning to manufacture high-tech Augmented Reality/AR and Virtual Reality/VR products. Upcoming Augmented Reality devices which combine virtual objects with the real world through high-tech glasses, are forecast to become a $120 billion business by 2020, according to a new report from Digi-Capital. The Virtual Reality business will generate $30 billion business during the same five year span. The most recent statistics indicate that both the AR and VR markets will become mainstream by 2020. In today's $88.4 billion global video game landscape, the PC, console, and mobile industries all thrive. AR and VR hardware, games and apps are poised to become part of this growing ecosystem in the coming years. Our company, and our strong established relationships in the industry, will be a major competitor in this new industry. The existing relationships that the company has developed will ensure rapid and extensive distribution and utilization for our products.

 


 

 

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#45021  Sticky Note CONVICTED FELON Scott Sand is behind the SIML shajandr 09/29/16 07:14:46 PM
#44813  Sticky Note Careful, SEC is PO'd at Tilden and SIML stockmasterflash 08/29/16 02:38:49 PM
#44198  Sticky Note It's a 1000:1 Reverse Split. No matter how Civicbird 07/08/16 12:22:04 AM
#44148  Sticky Note Looks like a 1-1000 RS to me #1 PATRIOTS_RSOX FAN 06/28/16 03:21:23 PM
#45811   Boom Artex555 01/13/17 10:27:02 AM
#45810   CONvicted felon SCOTT SAND should be going back shajandr 01/11/17 08:55:23 PM
#45809   SEC should step in to stop these lies Nistel 01/11/17 07:44:26 PM
#45808   Them's been burned twice have the best memory. Trueheart 01/11/17 07:27:51 PM
#45807   This company has been issuing press release after Civicbird 01/11/17 12:07:09 PM
#45806   There you go, take your asks off and bushman23 01/11/17 11:53:52 AM
#45805   Look what is happening to the share price. Civicbird 01/11/17 11:48:47 AM
#45804   Debt down from $4mil to $100k acing58108 01/11/17 10:45:33 AM
#45803   https://upticknewswire.com/simlatus-corp-ceo-gary-tilden-reports-revenue-for-fir acing58108 01/11/17 10:44:13 AM
#45802   Nice PR acing58108 01/11/17 10:41:50 AM
#45801   SIML - SIMLATUS Chairman New Year Statement and MichaelJK 01/11/17 10:01:53 AM
#45800   Down, down, down. What a surprise......well maybe to Civicbird 01/10/17 06:56:06 PM
#45799   Don't see this going south post split??? How Civicbird 01/10/17 01:00:35 PM
#45798   There's still a few pumpers on this board. Civicbird 01/10/17 11:12:03 AM
#45797   Looks like SIML's auditor Scrudato, and the subsequent kennypooh 01/10/17 11:10:28 AM
#45796   Probably got broke as no one was buying Nistel 01/10/17 10:33:12 AM
#45795   Remember, though, the buyback that will transpire when Civicbird 01/10/17 10:22:52 AM
#45794   Not likely with the recent raise in A/S. Nistel 01/10/17 10:08:05 AM
#45793   You don't know SIML that well, then. This Civicbird 01/10/17 09:37:26 AM
#45792   Hope it starts to pick up here, may Rainer 01/10/17 08:42:11 AM
#45791   Whoa 25 million crosstrade. Eek DEADSKY 01/09/17 02:13:49 PM
#45790   SILM's sister company GMGI just announced a one kennypooh 01/06/17 08:58:15 PM
#45789   Interesting watching this fall from .0012-15 like a pennypos 01/06/17 08:43:06 PM
#45788   He was Fullenkamp's auditor on both GMGI and kennypooh 01/06/17 08:23:16 PM
#45787   Not everyone is here for the long haul. Nistel 01/06/17 07:33:13 PM
#45786   SIML 101, Nistel. Lol. Newbies will never learn Civicbird 01/06/17 05:02:11 PM
#45785   Of course they would not dump all shares Nistel 01/06/17 04:20:00 PM
#45784   This company is notorious for dilution on a Civicbird 01/06/17 03:52:30 PM
#45783   And doing wonders for the share price as well. Civicbird 01/06/17 03:50:57 PM
#45782   Way down from previous days. Think the dumping acing58108 01/06/17 03:41:17 PM
#45781   There is always good volume when the company Nistel 01/06/17 03:38:03 PM
#45780   Good volume today acing58108 01/06/17 03:34:30 PM
#45766   Know your SIML history first before making a Civicbird 01/06/17 02:21:35 PM
#45762   Yup.....so much for this breaking. 001 a share. Lol!!! Civicbird 01/06/17 01:08:49 PM
#45761   already sold this turd ~ .0006 ~ .0011 WarChest 01/06/17 12:52:47 PM
#45760   I don't think so. Good call, though. Lol. Civicbird 01/06/17 12:50:29 PM
#45759   Another criminal on board the SIML train??? This Civicbird 01/06/17 10:36:35 AM
#45758   tilden ceo of SIML comes forth okwife 01/06/17 10:24:00 AM
#45757   ha ha ha what no siml run? okwife 01/06/17 05:25:15 AM
#45756   okwife, kudos for asking some good questions. Not SmackwaterJack 01/06/17 03:04:45 AM
#45755   I would love to see buck's or stockmogal's Civicbird 01/05/17 09:51:56 PM
#45752   CONvicted felon SCOTT SAND will gett to find shajandr 01/05/17 06:15:22 PM
#45751   SEC's Letter to SIML sent Dec 29 stockmasterflash 01/05/17 05:40:43 PM
#45750   On the SEC's radar screen as predicted stockmasterflash 01/05/17 05:36:19 PM
#45748   It will only be a matter of time Civicbird 01/05/17 12:13:06 PM
#45747   Tilden is a scumbag stockmasterflash 01/05/17 08:24:04 AM
#45746   SIML i called the cio and ask okwife 01/04/17 05:39:18 PM
#45745   Even worse, they increased A/S recently back to Nistel 01/04/17 05:30:40 PM
#45744   SIML did a horrible reverse split last year okwife 01/04/17 05:18:27 PM
#45743   Not anymore. Weeeeeeeeeeeeeeee. Civicbird 01/04/17 04:21:38 PM
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