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Simlatus Corporation (SIML)

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Last Post: 7/1/2016 1:52:20 PM - Followers: 415 - Board type: Free - Posts Today: 4


 



     

 

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
#44148  Sticky Note Looks like a 1-1000 RS to me #1 PATRIOTS_RSOX FAN 06/28/16 03:21:23 PM
#42010  Sticky Note Here comes the collapse yall. Company got greedy. MIKEY501 05/06/16 01:06:12 PM
#40470  Sticky Note >>click4chart<< >> ready for Blastage >> RandsPennyStks 04/30/16 02:07:52 PM
#44193   Thanks for the good wishes. The same Trueheart 07/01/16 01:52:20 PM
#44192   Shucks...I thought it might be a hot female kennypooh 07/01/16 01:23:25 PM
#44191   Here's the deal on Stockmogal. Trueheart 07/01/16 01:14:52 PM
#44190   What is a mogal?? Just curious. kennypooh 07/01/16 12:55:13 PM
#44188   Except as it moves up the breakout board Sampleandhold 06/30/16 02:29:11 PM
#44187   LOL!! No, I don't think that would janice shell 06/30/16 01:06:18 PM
#44186   House is in her name....assuming "HE'S" the wife kjpkjp 06/30/16 01:02:28 PM
#44185   Yes, it looks as if she's his wife. janice shell 06/30/16 12:25:33 PM
#44184   It was #1 several times before. Didn't move. Nistel 06/30/16 09:55:29 AM
#44183   Number 16 on the breakout board mitchcoffman 06/30/16 09:08:17 AM
#44182   Scott Sand lived at the residence owned by Donna kjpkjp 06/30/16 07:51:10 AM
#44181   Intelius shows they are related kjpkjp 06/30/16 07:40:50 AM
#44180   Not much news in the 10-k, all of Nistel 06/30/16 05:55:04 AM
#44179   wow...stinks round hur CashCowMoo 06/30/16 02:54:03 AM
#44178   They need to be reported for saying one jamesterry2005 06/29/16 11:37:11 PM
#44177   I can absolutely guarantee that I for one artmaniac 06/29/16 10:59:51 PM
#44176   Dividends jamesterry2005 06/29/16 09:40:40 PM
#44175   Yep, if they can get consulting fees of kennypooh 06/29/16 08:36:32 PM
#44174   Just like family!! janice shell 06/29/16 08:36:20 PM
#44173   they are "close" stockmasterflash 06/29/16 08:23:29 PM
#44172   Donna Murtaugh is Scott R.Sand. kennypooh 06/29/16 08:20:01 PM
#44171   I'm not sure they're the same people. janice shell 06/29/16 07:27:10 PM
#44170   Good find. V2IPCAPITAL.COM stockmogal 06/29/16 07:19:16 PM
#44169   Yes, I was expecting Sand, too. I janice shell 06/29/16 07:08:37 PM
#44168   That's why I put it aside for a stockmasterflash 06/29/16 07:06:29 PM
#44167   It doesn't even turn up on Google, it's janice shell 06/29/16 07:01:43 PM
#44166   they never expect that anyone will look stockmasterflash 06/29/16 07:00:26 PM
#44165   I agree with you..... stockmogal 06/29/16 06:59:58 PM
#44164   All of the noteholders have been tossed off janice shell 06/29/16 06:56:43 PM
#44163   Now this is interesting‚Ķ In the Subsequent janice shell 06/29/16 06:55:42 PM
#44162   10K is interesting. stockmogal 06/29/16 06:46:42 PM
#44161   LOLOL!! That is IMPRESSIVE!! janice shell 06/29/16 06:02:38 PM
#44160   10k shows stockmasterflash 06/29/16 05:54:31 PM
#44159   Thanks for the heavy-duty research, SMF. It's Trueheart 06/29/16 03:38:15 PM
#44158   Subsequent Issuances stockmasterflash 06/29/16 03:29:50 PM
#44157   OUCH As of May 31, 2016, there were 4,579,478,015 #1 PATRIOTS_RSOX FAN 06/29/16 03:23:47 PM
#44156   Good.....I truly hope everyone contacts FINRA and someone Civicbird 06/28/16 10:25:45 PM
#44155   Okay. You have my attention. stockmogal 06/28/16 07:36:02 PM
#44154   Something positive to look forward to after the star-lord 06/28/16 06:27:35 PM
#44153   They are all available on OTCmarkets.com. kennypooh 06/28/16 04:16:02 PM
#44152   Maybe they discuss only a dividend for preferred Nistel 06/28/16 03:56:34 PM
#44151   13th on the breakout board Box Money 06/28/16 03:48:01 PM
#44150   Yes, I know they decided on 1:1000. janice shell 06/28/16 03:23:10 PM
#44149   You can call corporate actions at FINRA, let integral 06/28/16 03:21:52 PM
#44148   Looks like a 1-1000 RS to me #1 PATRIOTS_RSOX FAN 06/28/16 03:21:23 PM
#44147   Scott Sand stockmasterflash 06/28/16 03:17:14 PM
#44146   There're plenty of bad actors, but they'd have janice shell 06/28/16 03:13:10 PM
#44145   I agree. Unless if a bad actor integral 06/28/16 03:12:17 PM
#44144   I don't think they'll actually investigate the company, janice shell 06/28/16 03:08:54 PM
#44143   What's the probability that FINRA will deny the star-lord 06/28/16 03:08:12 PM
PostSubject