Saddle Ranch Media Inc (SRMX)

[Helter Skelter]

CandyCan3's statement is ABSOLUTELY CORRECT. Couldn't be more correct. Commenting on t-trades:

Just an indication some dilution has taken place today.

From the SEC cease and desist order:

IBC’s Sale of Shares Issued in Section 3(a)(10) Exchanges
9.
During the relevant period, IBC
consummated
Section 3(a)(10)
transactions
with
more than
40 different microcap issuers. In connection with purchasing underlying
claims totaling approximately $8 million, IBC sold approximately 19.5 billion shares of the
issuers’ stock for total proceeds of approximately $17 million.
IBC’s profits der
ived almost
exclusively from the discount
ed shares
it received pursuant to the settlement agreements and
not from price appreciation of the shares.
10.
IBC’s sales activity represented a significant percentage (ranging from 3.5
percent to 68 percent) of t
he average daily trading volume for the issuers’ stock, and IBC’s
sales of stock received through 3(a)(10)
transactions
resulted in significant dilution of the
outstanding shares of the issuers’ common stock.

Didn't have time to format the pdf text (quoted above)...spent too much time this evening on this shit. The SEC is coming...count on it.

Good day and good bye.