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Simlatus Corporation (SIML)

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Last Post: 4/30/2016 2:50:09 PM - Followers: 425 - Board type: Free - Posts Today: 76


 



     

 

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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SIML
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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
#40411  Sticky Note OTCmarkets updated with new website address >>>>click>>>> RandsPennyStks 04/30/16 02:44:00 AM
#39937  Sticky Note CEO CONFIRMS NO REVERSE SPLIT AT THIS TIME! Sampleandhold 04/29/16 08:42:52 AM
#39325  Sticky Note *** T/A UPDATE 4-27-2016 *** MIKEY501 04/28/16 09:33:28 AM
#38724  Sticky Note My take of what happened here. J.T. The DD King 04/27/16 11:25:43 AM
#40473   Even with almost 3B O/S, SIML pps can bucks2pennies 04/30/16 02:50:09 PM
#40472   sexy volume SIML RammageRaul 04/30/16 02:40:19 PM
#40471   It certainly won't be in the trips much $trato$phere 04/30/16 02:17:40 PM
#40470   >>click4chart<< >> ready for Blastage >> RandsPennyStks 04/30/16 02:07:52 PM
#40469   We.gotta.good.crew.here.Time.to.take.this.to.the.top RandsPennyStks 04/30/16 02:02:20 PM
#40468   HOLYy MoLYy 90m and 70m trade nex week BOOOOOO Oswal 04/30/16 01:17:45 PM
#40467   Wow! Crazy big hits going off near neophyte184 04/30/16 01:16:39 PM
#40466   you and me both, twt! sta loose 04/30/16 12:41:45 PM
#40465   Jmo, the valid Due Diligence sta loose 04/30/16 12:39:24 PM
#40464   I used to have 2. Had to put SPORTYNORTY 04/30/16 12:35:18 PM
#40463   In that case I'm double golden!!! (Have 2) Let's maz1978 04/30/16 12:32:33 PM
#40462   Then hopefully multiple copper range through Summer/Fall. Maybe Civicbird 04/30/16 12:28:55 PM
#40461   LOL! $trato$phere 04/30/16 12:27:16 PM
#40460   SIML #3 on Top Ten boards today RandsPennyStks 04/30/16 12:26:03 PM
#40459   Multiple dime range would be great to see. Civicbird 04/30/16 12:25:18 PM
#40458   SIML as golden as my retriever. SPORTYNORTY 04/30/16 12:25:13 PM
#40457   Lot's of eyes watching here! SIML is golden! $trato$phere 04/30/16 12:23:06 PM
#40456   Good to see you here as well $trat. SPORTYNORTY 04/30/16 12:21:28 PM
#40455   Yep! Good to see your in here on $trato$phere 04/30/16 12:19:28 PM
#40454   They will be holding for .00's, at the SPORTYNORTY 04/30/16 12:16:42 PM
#40453   And them some! Lots of accumulation in the $trato$phere 04/30/16 12:16:01 PM
#40452   Definitely. SPORTYNORTY 04/30/16 12:15:28 PM
#40451   agree, if all's on the up & up here sta loose 04/30/16 12:13:05 PM
#40450   Hearing a BIG move is coming next week. SPORTYNORTY 04/30/16 12:13:02 PM
#40449   Yep, $SIML should see copper soon sta loose 04/30/16 12:06:21 PM
#40448   Would love to finally see at least .10 Civicbird 04/30/16 12:04:07 PM
#40447   GRASS VALLEY, CA, Apr 29, 2016 (Marketwired via $trato$phere 04/30/16 11:57:50 AM
#40446   Whole new company and management! They have already $trato$phere 04/30/16 11:53:15 AM
#40445   I wonder where the share price could be Civicbird 04/30/16 11:46:52 AM
#40444   agree, w/the company keeping step ahead sta loose 04/30/16 11:37:33 AM
#40443   FLOATS ALMOST DONE ISNT IT MIKEY? artmaniac 04/30/16 11:36:50 AM
#40442   SIML has caught the eye of many groups $trato$phere 04/30/16 11:34:15 AM
#40441   Volume always precedes Price.and.rock.solid.0002.support.be.ready RandsPennyStks 04/30/16 11:20:50 AM
#40440   Volume has been off the charts this past Civicbird 04/30/16 11:13:25 AM
#40439   It will continue :) expect a big update Diamond42 04/30/16 11:13:03 AM
#40438   Hey bud, I don't have pm, but I'm T.P.G. INVESTMENTS 04/30/16 11:11:12 AM
#40437   Some of your answers were in posts 40404,405,406,407,408 kennypooh 04/30/16 11:11:00 AM
#40436   I think we have a winner here at artmaniac 04/30/16 11:03:26 AM
#40435   Major increase in SP is expected with the $trato$phere 04/30/16 10:59:55 AM
#40434   waiting ==waiting to 00 <<<waiting >>>>>>>coming Tonyeight 04/30/16 10:30:49 AM
#40433   Got my order in for more 3's for Monday. seafoodguy 04/30/16 10:26:47 AM
#40432   guess on Monday they will start hitting 4s... Geobull13 04/30/16 10:26:42 AM
#40431   COMING >>>>>> T4======== 00 OR 00 UP Tonyeight 04/30/16 09:28:52 AM
#40430   * * $SIML Video Chart 04-29-16 * * ClayTrader 04/30/16 09:24:41 AM
#40429   Recent Update! $trato$phere 04/30/16 09:10:26 AM
#40428   SEE U TOP FO THE HILL SIR Tonyeight 04/30/16 09:08:57 AM
#40427   Good Morning bro. Yes the train is getting Phonz 04/30/16 09:06:10 AM
#40426   $$$$$ SIML FOR SURE THING TO COME Tonyeight 04/30/16 09:00:17 AM
#40425   Nice client list!! SIML $trato$phere 04/30/16 08:57:23 AM
#40424   Multiple Pennies coming IMO ;-) Phonz 04/30/16 08:51:55 AM
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