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Simlatus Corporation (SIML)

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Last Post: 9/26/2016 6:31:17 PM - Followers: 391 - 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
#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
#45004   SIML is a piece of SHIT... massive R/S andy e 09/26/16 06:31:17 PM
#45003   It does indeed. janice shell 09/26/16 04:17:32 PM
#45002   Thanks, that's helpful. janice shell 09/26/16 04:17:16 PM
#45001   And guess what, there was a 40k Wolf Nistel 09/26/16 04:00:48 PM
#45000   Well that could be really true in near Nistel 09/26/16 03:53:43 PM
#44999   Exactly......it will no doubt happen again based on Civicbird 09/26/16 02:51:59 PM
#44998   Fact is, SIML is a POS ticker, PPs #1 PATRIOTS_RSOX FAN 09/26/16 02:47:46 PM
#44997   SIML removed tons of debt!!! stockmogal 09/26/16 02:43:59 PM
#44995   Some here will never learn.........no matter what this Civicbird 09/26/16 12:00:21 PM
#44994   SIML. Sound statements. I lean in bucks2pennies 09/26/16 11:34:40 AM
#44993   Siml. Logic, music to my ears. bucks2pennies 09/26/16 11:16:42 AM
#44992   You are partly correct. Negativezer0 09/25/16 11:48:04 PM
#44991   Because of this company's track record, including Tilden! Civicbird 09/25/16 11:33:52 PM
#44990   No, the SEC treats complaints confidentially. janice shell 09/25/16 02:53:52 PM
#44989   Nice post. trackkwizzard 09/25/16 01:51:06 PM
#44988   Good work NegativeZero.... stockmogal 09/25/16 01:12:02 PM
#44986   Go ahead and put your trust in Tilden Civicbird 09/25/16 12:12:10 AM
#44985   Nonsense. They bought inventory from the ISIS janice shell 09/25/16 12:00:22 AM
#44984   SIML has product my studio has used for Negativezer0 09/24/16 11:56:35 PM
#44983   Nope ...everything is still being designed by an kennypooh 09/24/16 10:59:42 PM
#44982   Doesn't SIML have a couple 10 year old, Homebrew 09/24/16 10:52:28 PM
#44981   That is indeed pretty desperate. I wonder janice shell 09/24/16 10:47:38 PM
#44980   Maybe more desperate than ballsy? Paying Wolfie $40,000 kennypooh 09/24/16 10:44:49 PM
#44979   hmmmm…. You may be right. And janice shell 09/24/16 10:25:43 PM
#44978   "That was an unusual move, but I suppose kennypooh 09/24/16 10:20:08 PM
#44977   I invested in SIML which has product, ddistribution, janice shell 09/24/16 08:25:21 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
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