Saddle Ranch Media Inc (SRMX)

[VortMax]

IRCE DD Yields Book Value .0063, $5M L.O.C.

1) 238M O/S, 118M Float As of September 05, 2012
http://www.otcmarkets.com/stock/IRCE/company-info
2) $1.5M in assets, $0 in debt, yields book value of .0063
http://www.otcmarkets.com/financialReportViewer?symbol=IRCE&id=83367
3) Main asset is 28 mile 6" steel pipeline.
http://interlineresourcescorp.com/projects.html
4) New management as of January 2012, has decided to sell the pipeline to use the proceeds for brand new business here.
http://finance.yahoo.com/news/interline-resources-corporation-announces-listing-100000550.html
5) The pipeline is officially for sale
http://finance.yahoo.com/news/interline-resources-corporation-announces-90-120000517.html
6) IRCE has a $5M line of credit if wanted
http://finance.yahoo.com/news/Interline-Resources-iw-3904939062.html?x=0
7) REASONS TO LIKE IRCE: NO DEBT (VERY UNCOMMON IN PINKYLAND), LOW FLOAT, GOOD ASSETS, R/M OR J/V AS A BUSINESS PLAN, SOLID ASSETS FOR SALE, SOLID BACKING TO THE TUNE OF $5M. SPECULATIVELY PPS .02 IS NEAR $5M MARKET CAP, SERIOUS LOOKING MANAGEMENT TAKEOVER

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