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Simlatus Corporation (SIML)

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Last Post: 8/27/2016 3:08:34 PM - Followers: 391 - Board type: Free - Posts Today: 3


 



     

 

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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GRPR News: Statement of Ownership (sc 13g) 04/27/2016 04:51:40 PM
GRPR News: Current Report Filing (8-k) 04/26/2016 02:35:03 PM
GRPR News: Current Report Filing (8-k) 04/22/2016 02:54:45 PM
GRPR News: Information Statement - All Other (definitive) (def 14c) 04/21/2016 05:27:34 PM
GRPR News: Current Report Filing (8-k) 04/06/2016 05:06:40 PM
PostSubject
#44261  Sticky Note Ah, the good old days stockmasterflash 07/15/16 05:05:56 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
#44797   SIML >>>>STOKED with you on this one TH ~ news sniffer outer 08/27/16 03:08:34 PM
#44796   Regarding the mention of Ensemble Designs, Inc., "our Trueheart 08/27/16 10:15:44 AM
#44795   Simlatus Corporation August 26, 2016 16:30 ET Simlatus Receives Purchase Broncomya 08/27/16 01:44:13 AM
#44794   So does this mean you're back in? LOL. Civicbird 08/26/16 10:47:35 PM
#44793   News posted around 4:30 Eastern today: GRASS VALLEY, bucks2pennies 08/26/16 09:25:02 PM
#44792   Good News.... I'm in Negativezer0 08/26/16 09:22:37 PM
#44791   Really??? Where is it? Civicbird 08/26/16 05:36:47 PM
#44790   This is for NEXT year. Plenty of time Civicbird 08/26/16 05:33:27 PM
#44789   Would not be surprised to see after hour news sniffer outer 08/26/16 03:26:04 PM
#44787   drop in the bucket for show stockmasterflash 08/26/16 03:10:14 PM
#44786   Simlatus Announces Delivery of Fiber Group Order stockmogal 08/26/16 03:06:16 PM
#44785   Simlatus Corporation Reports New Sales stockmogal 08/26/16 02:53:17 PM
#44781   How about more dilution from Tilden or more Civicbird 08/26/16 11:28:33 AM
#44780   Need some News!!! mitchcoffman 08/26/16 10:58:19 AM
#44779   .10 today!!! mitchcoffman 08/26/16 07:23:47 AM
#44778   Nice volume today Brooksda 08/25/16 02:36:25 PM
#44777   Changing your stance on SIML yet again, Bucks? Civicbird 08/25/16 11:41:42 AM
#44776   Unlikely bucks2pennies 08/25/16 09:45:40 AM
#44775   SIML Going for .10 + today ? news sniffer outer 08/25/16 06:27:23 AM
#44773   Pros? Really??? Scott Sand as well? How do Civicbird 08/24/16 09:44:35 PM
#44772   I certainly wouldn't be surprised if she was Civicbird 08/24/16 09:41:53 PM
#44771   How can these financials help? No revenue again! bucks2pennies 08/24/16 02:03:41 PM
#44770   yes I did stockmasterflash 08/24/16 11:38:21 AM
#44769   She's an obvious insider. kennypooh 08/24/16 11:36:04 AM
#44768   .08 does look good. Think you sold too soon Brooksda 08/24/16 10:09:02 AM
#44767   I already sold at a loss. I won't Civicbird 08/24/16 10:08:08 AM
#44766   What do you need the pps to be Brooksda 08/24/16 09:08:28 AM
#44765   Obviously DD was in error stockmasterflash 08/24/16 06:41:23 AM
#44764   Exactly.....but for someone continually praising this company, you Civicbird 08/23/16 09:44:10 PM
#44763   Again.....I don't care. You said it yourself: SIML Civicbird 08/23/16 09:39:44 PM
#44762   Who cares! Up 85% today :) Brooksda 08/23/16 01:01:29 PM
#44761   Why would I know? stockmogal 08/23/16 12:45:50 PM
#44760   .08 on deck :) Brooksda 08/23/16 11:33:14 AM
#44759   That's very true......there wasn't any denial from SIML Civicbird 08/23/16 01:42:43 AM
#44758   The big question is whatever happened to a kennypooh 08/23/16 01:32:23 AM
#44757   Maybe it's stockmogal. Who truly knows??? Anything is Civicbird 08/23/16 12:33:04 AM
#44756   Ha. He prob got arrested Brooksda 08/22/16 03:05:27 PM
#44755   whatever happened to this guy? stockmasterflash 08/22/16 02:28:47 PM
#44754   Good, I don't care either. I know a Civicbird 08/19/16 12:38:25 PM
#44753   OTC Markets Aug. 16,2016 SIML Float 26 million Jackrabbitslim 08/19/16 10:32:51 AM
#44752   Who cares. Look at the pps from the lows Brooksda 08/19/16 10:28:38 AM
#44751   Exactly, dilution is very possible again. Look at Civicbird 08/19/16 09:36:44 AM
#44750   And then back down like a landslide once Civicbird 08/19/16 09:06:45 AM
#44749   Look at the share price go up, CB, Trueheart 08/19/16 08:33:25 AM
#44748   So you now admit as well, that SIML Civicbird 08/19/16 08:19:31 AM
#44747   Dilution is quite possible. I am not saying Brooksda 08/19/16 05:05:56 AM
#44746   CB, in my opinion the key to making Trueheart 08/19/16 03:03:25 AM
#44745   Dilution will happen again in SIML. Do you Civicbird 08/19/16 12:23:31 AM
#44743   Until more dilution is implemented then it's looking Civicbird 08/19/16 12:15:11 AM
#44742   Feeling Joyous for those who might have got andy e 08/18/16 06:22:30 PM
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