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Simlatus Corporation (SIML)

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Last Post: 12/10/2016 10:44:59 AM - Followers: 383 - 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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#45021  Sticky Note CONVICTED FELON Scott Sand is behind the SIML shajandr 09/29/16 07:14:46 PM
#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
#45440   I agree. It's important to undertand filings Cheds 12/10/16 10:44:59 AM
#45439   Newbies will believe anything on this board. They Civicbird 12/09/16 06:17:35 PM
#45438   How does this have any impact on my Cheds 12/09/16 03:03:12 PM
#45437   LOL...one needs to read more than just today's kennypooh 12/09/16 03:03:07 PM
#45436   CONvicted felon SCOTT SAND and Tilden are the shajandr 12/09/16 02:58:51 PM
#45435   Heard it all before my friend. No offense Cheds 12/09/16 02:58:19 PM
#45434   "Means she thinks we are going higher" kennypooh 12/09/16 02:55:13 PM
#45433   What on earth are you talking about? What Civicbird 12/09/16 02:07:41 PM
#45432   "** BTW, Scott Sand and Donna Murtaugh were kennypooh 12/09/16 12:43:40 PM
#45431   $SIML looking good SlickTrades 12/09/16 12:40:37 PM
#45430   "So they cancelled Scott Sand's shares, but EXPLICITLY kennypooh 12/09/16 12:30:50 PM
#45429   Yes deferring payment. Great sign. Means she thinks Cheds 12/09/16 11:16:22 AM
#45428   Cancelling her pre reverse split shares stockmasterflash 12/09/16 10:56:37 AM
#45427   Great news On December 5, 2016, Donna Murtaugh entered Cheds 12/09/16 10:52:36 AM
#45426   No trading liquidity here stockmasterflash 12/09/16 10:36:31 AM
#45425   Nice news Cheds 12/09/16 10:21:35 AM
#45424   Great day indeed. Down another 22%. Lol. Civicbird 12/08/16 11:47:24 PM
#45422   $SIML great day today. TO be continue SlickTrades 12/08/16 12:42:12 AM
#45421   But if you know anything about SIML, then Cheds 12/07/16 09:28:03 PM
#45420   But if you know anything about SIML, then Civicbird 12/07/16 06:34:33 PM
#45419   : ) Penny Gold Mine 12/07/16 06:06:41 PM
#45418   Well looks like sometimes a POS can have Cheds 12/07/16 05:07:08 PM
#45417   Especially this OTC ticker. Time and time again Civicbird 12/07/16 02:45:06 PM
#45414   Truth -- all OTC tickers are scams. To Cheds 12/07/16 11:58:02 AM
#45413   See.....when you post actual facts about a company's Civicbird 12/07/16 10:11:55 AM
#45412   Trips coming, watch out below #1 PATRIOTS_RSOX FAN 12/07/16 10:09:43 AM
#45411   How's that "I don't see this going south Civicbird 12/06/16 09:24:36 AM
#45410   Cannot wait to see how stockmogal spins it Civicbird 12/05/16 12:09:12 PM
#45409   Only a few more whacks until trips. Nistel 12/05/16 10:18:03 AM
#45408   I know Tatum.....it is difficult to respond when Civicbird 11/30/16 11:41:36 AM
#45407   Still attached to this sinking POS, channing??? Lol. Civicbird 11/29/16 11:17:51 AM
#45406   Don't fret...all insiders know exactly what's going on kennypooh 11/23/16 02:18:41 PM
#45405   Funny how stockmogal never mentions this. He/She clearly Civicbird 11/23/16 02:12:18 PM
#45404   Yep...these floorless convertibles are known as "toxic death kennypooh 11/23/16 12:49:29 PM
#45403   Keep buying those cheapies, Tatum!!! .0001 is forthcoming Civicbird 11/23/16 10:39:52 AM
#45402   AS raised to 1.5 Billion to accommodate CONversion shajandr 11/22/16 10:00:15 PM
#45401   Tilden has a pattern of stiffing lenders stockmasterflash 11/22/16 11:06:54 AM
#45400   I can't wait how stockmogal spins this. Lol. Civicbird 11/22/16 11:05:21 AM
#45399   Look out below! kennypooh 11/22/16 10:53:10 AM
#45398   12. COMMITMENTS stockmasterflash 11/19/16 08:51:42 AM
#45397   $578,000 of General and administrative expenses in the stockmasterflash 11/19/16 08:51:05 AM
#45396   Look who's back!!! Lol. And you clearly don't Civicbird 11/18/16 11:47:33 PM
#45394   Still waiting your reaction on the A/S increase Civicbird 11/18/16 11:39:56 AM
#45392   No response on the massive A/S increase??? What Civicbird 11/18/16 11:12:30 AM
#45391   "Wouldn't surprise me if stockmogal turned out to kennypooh 11/17/16 01:37:24 PM
#45390   I believe the sheep here are now gone. Civicbird 11/17/16 12:27:45 PM
#45389   Since SIML is a CONvicted felon SCOTT SAND shajandr 11/17/16 12:18:30 PM
#45388   I wonder if bucks will ever be back Civicbird 11/17/16 11:51:37 AM
#45387   Obviously these financial predators are not fooling very kennypooh 11/17/16 11:19:10 AM
#45386   Math has never been SIML's strongest subject. Civicbird 11/17/16 11:12:04 AM
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