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June? Five more months?
SkyFidelity, Inc is FULL SPEED AHEAD with the AT&T deal to deploy thousands of SkiQ devices using AT&T SIM card data plans. We intend to deliver the SkiQ product line to major retail departments as well as large building partners starting in June 2018.
Anyone who doubts this should contact AT&T yourself. Here's the contact info:
Tim Bever
Financial Analysis & IR Operations
tim.bever@att.com
investr@att.com
https://investors.att.com/resources/contacts#institutional-investors
Maybe the CEO is working on the AT&T PR retraction next week. That could be the news for next week that folks are hoping for.
I double checked your email.
https://investors.att.com/resources/contacts#institutional-investors
Dilution is due to debts they owe and should be over in 30 days.
When will this round of DILUTION end?
OS = 650M as of 1/24.
Northbridge (the converter) can convert up to 9.9% of the OS each day.
The loan amount is $115,000. The conversion rate is at .00035 per share (50% of the lowest trade in the last 20 trading days). The total amount of the shares issue will be 330M.
1/25 = day 1: 650M + 65M = 715M
1/26 = day 2: 715M + 71M = 786M
1/29 = day 3: 786M + 79M = 865M
1/30 = day 4: 865M + 86M = 951M
1/31 = day 5: 951M + 30M = 981M
This round of dilution will end next week on Wednesday 1/31 if Northbridge chooses to convert 9.9% of the OS each day.
The new OS will be 981M shares when this round of dilution completes.
During the dilution periods, by looking at the level 2 screen, smacking the asks are like smacking against a thick wall while the bids keep getting swept away like a tsunami.
As you can see, NO ONE (be it technical, short term traders, long term investors...etc) makes money during the DILUTION period, except for the toxic converter. This is only day 1 of the dilution. Looking back at the previous three rounds of dilution, it took several weeks to sell 300+ million shares into the market.
Folks who got out yesterday morning after my dilution alert had already saved themselves 40%. Meanwhile, at the current price of .0072, the converter is still making 2000% on their deal at .0003.
This will get cheaper everyday for the next few weeks. 380 Million shares are lots of shares to be sold to the market.
DILUTION ALERT!
This is the new round of dilution.
Northbridge Financial Inc. is about to convert $115,000 at .0003/share into 380,000,000 shares.
Get out before the crooks steal your hard-earned money.
Last round of dilution back in December, they took it to .0006 and still made 100% profit because their conversion rate was at .0003 per share. Even if they take this to .002, they still make 700% profit. Therefore, the only winners here are the crook converter and company.
FYI - This new round of dilution will be the 4th round:
See pages 4 & 5 of the recent 10-K report
https://www.otcmarkets.com/financialReportViewer?symbol=SRMX&id=185746
Following the acquisition of Skyfidelity, Inc. the Company recognized the need to restructure certain past due accounts payable previously incurred by TriCasade, Inc. relating to the development of TriCascade’s new i-Bright single outlet wi-fi IoT wall-plug platform product, under an Original Design Manufacturing (“ODM”) Agreement with a Taiwanese technology company dated as of April 12, 2016 for which the Company had assumed financial responsibility. The Company entered into Settlement Agreements with Northbridge Financial, Inc.(“NCI”) on July 18,2017, October 3, 2017 and November 28,2017 to settle the first three instalments of $ 102,000, $175,000 and $100,000 respectively payable under the ODM ( plus financing costs of $ 37,000) due to NCI arising from NCI’s purchase of this accounts payable debt. The financing by NCI enabled development and production of the new TriCascade product to commence. The Settlements by the Company with NCI were made via the issuance of unrestricted common stock to NCI at a 50% discount to market pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”). The fairness of the Settlement Agreements was approved by Orders granted by the Twelfth Judicial Circuit Court for Sarasota County, Florida on July 19, on October 4, 2017 and on November 29,2017 respectively. Following this approval, the Company issued the following:
- 78,985,000 unrestricted common shares issued to NCI over the period July 24,2017 through and including September 20,2017 in settlement of the initial tranche of $ 102,000 in past due accounts payable and financing costs of $12,000;
- 173,164,000 unrestricted common shares issued to NCI over the period October 11,2017 through and November 11,2017 in settlement of the second tranche of $ 175,000 in past due accounts payable and financing costs of $15,000; and
- 151,000,000 unrestricted common shares issued to NCI over the period December 4,2017 through and including December 18,2017 in partial settlement of $ 52,900 toward the third tranche of $ 100,000 in past due accounts payable and financing costs of $10,000.
5
Saddle Ranch Media, Inc. – Annual Financial Report for the 12 Months Ended December 31, 2017
f. On December 1,2017 the following restricted common shares (totaling 92,062,375 common shares) were surrendered to the Company’s Treasury:
- Timothy Peabody, our Chairman and CEO, surrendered his entire holding of 62,500,000 common shares;
- Max Chin Li , our President, surrendered his entire holding of 25,000,000 common shares; and .
- An unaffiliated shareholder surrendered its entire holding of 4,562,375 common shares.
The net result of the actions summarized in notes e. and f. hereof resulted in a net increase in
issued and outstanding common shares between July 24,2017 and December 31,2017 of
311,086,625 common shares, such that at December 31,2017 the total issued and outstanding
common shares amounted to 464,029,176 ( there was no change to the issued and outstanding
1,000,000 Series “B” preferred shares.)
g. On December 21,2017 the Company increased its authorized share capital from
500,000,000 common shares to 2,500,000,000 common shares (There was no change to the 3,000,000 authorized Series ”B” preferred shares).Then on December 29,2017 the Board of Directors approved an Amendment to the Company’s Articles of Incorporation whereby the par value of the Company’s common stock was reduced from $ 0.005 to $ 0.0001.
h. Between January 1, 2018 and January 11, 2018 a total of 132,000,000 unrestricted common shares were issued to NCI in partial settlement of an additional $ 39,600 toward the third tranche of $ 100,000 in past due accounts payable.
Accordingly, at the date of this filing, there were 596,029,176 common shares issued and
outstanding, and 1,000,000 Series ”B” preferred shares issued and outstanding, held by 481
shareholders of record, of which 542,718,995 common shares (or approximately 91% of the total
issued common shares) were held in the public “float”.
Ask yourself these questions folks...why does the price keeps making new low of day while everyone was buying? What's the reason?
Here are your answers:
DILUTION!
This is the new round of dilution.
Northbridge Financial Inc. is converting $115,000 at .0003/share into 380,000,000 shares.
Get out before the crooks steal your hard-earned money.
That was old. This is new.
.0003 is 50% off of the lowest trade of the previous 20 trading days. 20 days ago, the lowest trade was at .0006.
When you see the bids get taken out constantly. That's when the dump starts. That will happen at any moment now. Northbridge got shares at .0003 (triple zero three) per share. They have 380 MILLION shares to dump so they will be making a killing on this deal like the previous deals.
DILUTION ALERT!
This is the new round of dilution.
Northbridge Financial Inc. is converting $115,000 at .0003/share into 380,000,000 shares.
Get out before the crooks steal your hard-earned money.
DILUTION ALERT!
Northbridge Financial Inc. is converting $115,000 at .0003/share into 380,000,000 shares.
SRMX - Insiders returned 92M shares to Company’s Treasury:
On December 1,2017 the following restricted common shares (totaling 92,062,375 common shares) were surrendered to the Company’s Treasury:
- Timothy Peabody, our Chairman and CEO, surrendered his entire holding of 62,500,000 common shares;
- Max Chin Li , our President, surrendered his entire holding of 25,000,000 common shares; and .
- An unaffiliated shareholder surrendered its entire holding of 4,562,375 common shares.
DILUTION IS OVER - HERE'S WHY:
SRMX owed NCI $100k + $10k (financing cost) = $110k
151,000,000 unrestricted common shares issued to NCI over the period December 4,2017 through and including December 18,2017 in partial settlement of $ 52,900 toward the third tranche of $ 100,000 in past due accounts payable and financing costs of $10,000.
Between January 1, 2018 and January 11, 2018 a total of 132,000,000 unrestricted common shares were issued to NCI in partial settlement of an additional $ 39,600 toward the third tranche of $ 100,000 in past due accounts payable.
$52,900 + $39,600 = $92,500 paid as of 1/11/2018.
Settlement amount $110,000 - $92,500 paid = $17,500 unpaid as of 1/12/2018.
$17,500 would have been converted to about 50M shares between 1/12/2018 - 1/17/2017 which I think they did.
Between those 3 trading days, SRMX had traded a total of 768M shares.
You and at least 2 others on this board had talked and received email from Bill Aul. So we are in good Bill's hands. It's just a matter of time before news/filings are released.
Build the bids and chop the asks. Float is only 47 million shares. Lock her up folks.
FRFS - GIFA: Let's take her up to .10 then release the news/filings. She then will run multiple hundred percent once that happens.
Bill Aul is GIFA Securities Lawyer.
You can check out the stickies.
It is assumed that William Aul is representing GIFA, simply because he was CC'd in that response. No one was told that William Aul is representing GIFA. But please also note, William Aul is also a Director for American Stock Transfer Co. and could very well be an Assistant Secretary to Pacific Stock Transfer.
There is a POSSIBILITY William Aul represents GIFA, so let us not jump to this being a fact. Verification may be given to that speculation if anyone is bold enough to call Mr. Aul and ask.
So far, no one is up for that.
FRFS - GIFA INC SECURITIES LAWYER
William Aul is a Securities Counsel and Law Professor at California Western School of Law
https://www.linkedin.com/in/william-m-aul-a6a37b
William Aul is listed on Bloomberg:
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=44763569
William Aul is listed on the OTC Markets:
http://www.otcmarkets.com/research/service-provider/Law-Offices-of-William-M.-Aul?id=1339
Professor Rating by students:
http://www.ratemyprofessors.com/ShowRatings.jsp?tid=806530
Dimentia can do that to some folks.
It's the same game being played by the flippers over and over again. It's mind boggling that people keep falling for their tricks.
Looks like a few got tricked in letting go of their shares. Insiders own 70% of the OS. There are only 47M shares to go around.
Why do day traders aka flippers working so hard for their shares? Because they know available shares are limited (only 47 million) and they don't have dilution to help them out. Therefore, the only way they can get their shares for cheap is from those uninformed investors who don't do their research.
Follow the money folks.
GIFA INC's owners own 113 out of 161 million shares. That's 71% of the O/S. That leaves us investors ONLY 29% which is 47 million shares available to be had.
47 million shares X .04 price per share currently = $1.9 dollars. One small group of investors can easily buy the entire of the float.
FRFS - GIFA INC Share Structure:
Issued: 160,931,844
Restricted: 113,377,780
Float: 47,500,000
FRFS - GIFA INC Share Structure:
Issued: 160,931,844
Restricted: 113,377,780
Float: 47,500,000
MODS - Please sticky this post? Thanks.
FRFS - It is OFFICIAL - GIFA INC.
https://www.incorporate.com/certificate_of_good_standing.html
This Float can easily be locked up:
Issued: 160,931,844
Restricted: 113,377,780
Float: 47,500,000
1) If we have 48 investors holding 1 million shares each.
2) If we have 96 investors holding 500 thousand shares each.
3) If we have 192 investors holding 250 thousand shares each.
We have 292 followers, not counting investors in Europe and elsewhere.
Issued: 160,931,844
Restricted: 113,377,780
Float: 47,500,000