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Friday, October 20, 2017 11:37:22 AM
(NEWPORT BEACH, CA, October 2, 2017) – SRMX/SkyFidelity, Inc (OTC Pink: “SRMX”, the “Company”)
On September 15, 2017 Saddle Ranch Media, Inc., a Utah corporation ('The Company") successfully applied to FINRA for the voluntary change of its symbol from “SRMX” to “SKYX”. Since that date, the Company has been in contact with said agency to provide the necessary required documentation to obtain the requested symbol change. The Company anticipates that the actual symbol change request will be granted during the month of October 2017. As soon as the new symbol is received the Company will provide notification via a press release.
With respect to the filing of financial data, the Company has submitted the necessary documents to its CFO as of September 15, 2017 and anticipates the receipt of completed financial reports and the filing of same within the month of October 2017 for the first two quarters of 2017. The delay in filing this information has been based upon some logistical issues in obtaining previous financial data pre-merger from Saddle Ranch Media, Inc.
Thereafter, the Company anticipates maintaining a current schedule of reporting its financial information while it seeks to officially retain an auditing company sometime in the fourth quarter of 2017.
With respect to the status of the company name, the Company is moving forward with an official name change from Saddle Ranch Media, Inc. to SkyFidelity, Inc. This name change will also include the transition of the company’s state of incorporation to the state of either Florida or Delaware. Currently, SkyFidelity, Inc is registered as a Florida corporation. The Company expects the name change and the change in the state of incorporation to be effectuated in the fourth quarter of 2017.
From a technology standpoint, the Company is moving forward with the development of its key technology devices including the SkiQ as well as the “Kel”-the first of its kind CAT-M technology (IoT) based portable thermostat.
About SkyFidelity, Inc. SkyFidelity’s objective is to build a world-class multi-division technology company. In order to expand its operational capacities in the wireless world, SkyFidelity purchased 100% of the stock in TriCascade, Inc in July 2016. This acquisition of TriCascade,
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