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Simlatus Corporation (SIML)

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Last Post: 9/24/2016 5:12:48 PM - Followers: 390 - Board type: Free - Posts Today: 2


 



     

 

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
#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
#44975   If I said scott owns ihub....would ya go!!! Yukon 09/24/16 05:12:47 PM
#44974   Then don't be surprised if management continues to Civicbird 09/24/16 01:19:53 AM
#44973   I fully support SIML Negativezer0 09/23/16 10:30:46 PM
#44970   Regardless, you change your position on this board Civicbird 09/23/16 04:08:17 PM
#44969   SIML. Civ, I have repeated many times bucks2pennies 09/23/16 03:36:26 PM
#44968   And what proof do you have that things Civicbird 09/23/16 02:13:24 PM
#44967   Need some good news. Looks like we mitchcoffman 09/23/16 10:32:14 AM
#44966   SIML. Thanks Janice on the confirmation. Yeah, bucks2pennies 09/23/16 08:39:54 AM
#44965   I thought the A/S was dropped recently janice shell 09/22/16 04:29:11 PM
#44963   You are wrong. Read the posts. bucks2pennies 09/22/16 01:02:32 PM
#44961   Wrong again, bucks. This latest pump did nothing Civicbird 09/22/16 12:02:33 PM
#44960   SIML. I thought the A/S was dropped bucks2pennies 09/22/16 11:07:46 AM
#44959   Yep...rdon will head up a whole new immersive kennypooh 09/22/16 11:06:04 AM
#44958   But there is that supposed buyback next year. lol. Civicbird 09/22/16 10:51:59 AM
#44957   And stockmogal is awfully quiet lately. lol. Barely Civicbird 09/22/16 10:49:30 AM
#44956   My guess, SIML diluted millions of shares with #1 PATRIOTS_RSOX FAN 09/22/16 10:48:03 AM
#44955   Well, the news really shook the market :-) Nistel 09/22/16 10:24:04 AM
#44954   "Been here a long time and have a kennypooh 09/21/16 04:29:11 PM
#44953   Been here a long time and have a LCRG6215 09/21/16 04:13:32 PM
#44952   Well said...flim-flam seems to fit perfectly too! LOL kennypooh 09/21/16 03:54:38 PM
#44951   Where is the good news in the article? LCRG6215 09/21/16 03:44:06 PM
#44950   Wow good news!!! mitchcoffman 09/21/16 03:19:31 PM
#44948   Damn, you made me look up flim-flam: sidedraft 09/21/16 02:12:48 PM
#44947   Stillwaugh should be ashamed of himself. janice shell 09/21/16 01:47:51 PM
#44946   This is the type of alert I like janice shell 09/21/16 01:34:57 PM
#44944   News Today! kennypooh 09/21/16 10:46:38 AM
#44943   Flipping to accumulate and then going long here. trackkwizzard 09/21/16 09:22:00 AM
#44942   Sadly that was just a feel good PR Pugilista 09/21/16 08:49:12 AM
#44941   Might see a nice pop here from news instock58 09/21/16 08:32:26 AM
#44940   SIML NEWS: http://www.marketwired.com/press-release/simlatus-update- news sniffer outer 09/21/16 08:07:00 AM
#44939   "Or, more likely, the SEC suspends the ticker." kennypooh 09/20/16 04:27:38 PM
#44938   Or, more likely, the SEC suspends the ticker. shajandr 09/20/16 03:54:32 PM
#44937   Well that's true, it could always go back Box Money 09/20/16 03:52:32 PM
#44936   I actually saw the epic alert and new MCMarketShare 09/20/16 03:49:49 PM
#44935   Condolences, man. SIML is a total scam. CONvicted shajandr 09/20/16 03:47:13 PM
#44934   I just sold today at .081, this pig Box Money 09/20/16 03:46:57 PM
#44933   SIML at this price is a steal, it MCMarketShare 09/20/16 03:46:12 PM
#44932   I bought SIML today @ .029, If it instock58 09/20/16 02:27:25 PM
#44931   Support does not matter if big holders are Nistel 09/20/16 02:24:52 PM
#44930   Heading Higher Right Now....Seems like a good bounce instock58 09/20/16 02:22:14 PM
#44929   Picked up some cheapies here today. trackkwizzard 09/20/16 02:15:41 PM
#44928   More like SIML is good for a huge #1 PATRIOTS_RSOX FAN 09/20/16 01:47:27 PM
#44927   Damn, dude... hope this bounces for ya Rainer 09/20/16 01:45:35 PM
#44926   Just Bought a Hand full of SIML. Play instock58 09/20/16 01:33:38 PM
#44925   I watched the first couple minutes and saw Broncomya 09/20/16 12:57:52 PM
#44924   And the dump as predicted. Apparently this Wolf Nistel 09/20/16 12:35:27 PM
#44923   woof woof ;-) maverick49er 09/20/16 12:27:37 PM
#44922   "Guess R&D in their perspective means Reprint (shares) kennypooh 09/20/16 11:22:22 AM
#44921   Guess R&D in their perspective means Reprint (shares) Nistel 09/20/16 11:12:21 AM
#44920   LOL... That $40,000 could have gone a long kennypooh 09/20/16 10:59:19 AM
PostSubject