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Simlatus Corporation (SIML)

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Last Post: 5/27/2016 11:44:02 PM - Followers: 417 - 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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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
#43068  Sticky Note MAJOR NEWS OUT!!! 8K FILED EXTINGUISHING DIRECT CAPITAL DEBT!!! maz1978 05/20/16 06:27:54 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
#38724  Sticky Note My take of what happened here. J.T. The DD King 04/27/16 11:25:43 AM
#43323   These 0.0001's are a gift IMO. $$$$$$ SIML Phonz 05/27/16 11:44:02 PM
#43322   We are climbing up the Most Active Boards ;-) Phonz 05/27/16 11:42:31 PM
#43321   Yepp... I would load. You never know when Phonz 05/27/16 11:41:00 PM
#43320   I would. This will run soon enough just Phonz 05/27/16 11:40:27 PM
#43319   Yepp it's coming. :-) SIML Phonz 05/27/16 11:39:50 PM
#43318   A big bang is coming IMO. Patience is Phonz 05/27/16 11:39:21 PM
#43317   $0.01 soon ..when groups start loading. ;-) SIML Phonz 05/27/16 11:38:07 PM
#43316   I wouldn't want to be on the sidelines. Phonz 05/27/16 11:36:52 PM
#43315   This reminds me of SF*R ;-) 0.0001-0.0041 ;-) Phonz 05/27/16 11:34:31 PM
#43314   Time to load... Big groups coming to load. Phonz 05/27/16 11:33:34 PM
#43313   Boomage is coming.$0.01 soon ;-) Phonz 05/27/16 11:32:38 PM
#43312   Maybe they'll have that R/S that he wants Civicbird 05/27/16 11:01:54 PM
#43311   Try sugarcoating the R/S all you want......bottom line Civicbird 05/27/16 10:58:46 PM
#43310   Good to see you are such a caring individual~ news sniffer outer 05/27/16 06:55:31 PM
#43309   I would at least get me 6 more Phonz 05/27/16 03:59:25 PM
#43308   They have 50 products? Distributors? Coming Trueheart 05/27/16 03:53:44 PM
#43307   Per SIML statement just issued: bucks2pennies 05/27/16 02:03:51 PM
#43306   This CEO is no different than Aruda and Civicbird 05/27/16 12:34:28 PM
#43305   SIML is not a Big Board stock, CB. Trueheart 05/27/16 11:13:57 AM
#43304   Who was the investment advisor that slammed you kennypooh 05/27/16 11:09:07 AM
#43303   If Tilden performs one, I am sure SIML Civicbird 05/27/16 11:04:56 AM
#43302   At what price to shareholders, though? Civicbird 05/27/16 11:01:36 AM
#43301   Really??? A 500/1000 R/S wipes out all our Civicbird 05/27/16 11:00:23 AM
#43300   0.0020 is coming imo Phonz 05/27/16 10:46:27 AM
#43299   Yeah Brooksda. SIML see the R/S as bucks2pennies 05/27/16 08:34:15 AM
#43298   As long as all notes are converted, do Brooksda 05/27/16 05:04:39 AM
#43297   Keep preaching another R/S, bucks. If it's another Civicbird 05/27/16 12:01:09 AM
#43296   Expect an RS within a couple of weeks dcsteve 05/26/16 02:47:53 PM
#43295   That wouldn't be smart of me at this knowmystuff 05/26/16 10:05:50 AM
#43294   Please buy more and get this moving. star-lord 05/26/16 09:34:48 AM
#43293   Exactly. But I buy on fear and sell knowmystuff 05/26/16 09:19:42 AM
#43292   Congrats on your profits! But historical records never Nistel 05/26/16 09:16:30 AM
#43291   Almost a fact?!? Lol. I bought this at knowmystuff 05/26/16 08:51:15 AM
#43290   I do actually. Good luck anyway, you will Nistel 05/26/16 08:24:28 AM
#43289   You don't seem to know what your talking knowmystuff 05/26/16 08:21:04 AM
#43288   It was not that much. 100M shares at Nistel 05/26/16 07:46:49 AM
#43287   I'm driving now. Can't read it. If there knowmystuff 05/26/16 07:39:19 AM
#43286   It's all here: Nistel 05/26/16 07:19:37 AM
#43285   Thanks buddy. Have a great day knowmystuff 05/26/16 07:13:53 AM
#43284   Did you not even follow anything that is Nistel 05/26/16 06:45:51 AM
#43283   What make u say that? knowmystuff 05/26/16 06:37:46 AM
#43282   This one will face an RS soon, so Nistel 05/26/16 04:51:50 AM
#43281   We're still at zero bid and nothing has Civicbird 05/26/16 12:49:21 AM
#43279   Nah. Most .0001 stocks do eventually run at knowmystuff 05/25/16 07:29:50 PM
#43277   Yup or RS and find room to dilute GreenKnight 05/25/16 07:13:36 PM
#43276   Wouldn't it make more sense to find out janice shell 05/25/16 07:00:35 PM
#43275   I own 40 million here. What's the story knowmystuff 05/25/16 06:20:50 PM
#43274   Direct Capital Corp is a POOL of private kennypooh 05/25/16 10:09:04 AM
#43273   Why did Direct Capital invest so many millions Nistel 05/25/16 09:07:57 AM
#43272   RS will already solve that. If, for example, Nistel 05/25/16 09:00:36 AM
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