tedpeele, the 'incentive' is that this thing was set up as a scam from the beginning and they figured they may get sued/litigated and lose everything. If Max Li's beloved TriCascade isn't really a part of SRMX they (SRMX) can't be sued for TriCascade's assets...as they were never merged in...never a part of SRMX...
I can't figure out what incentive he would have to not file something that clearly proves the merger has completed, if that was the case. Especially after first telling shareholders to expect it 5 months ago. Without the merger they have nothing of value, from what I can see.
If it was real I would think he would be shouting it from the rooftops and providing clear proof that it is a done deal instead of being defensive about it.
Exactly. He (CEO peabody) even went so far as to change the date of the alleged merger, lied about consideration paid (100M shares) and when it was paid and...then claimed that they merely bought the assets of SkyFidelity/TriCascade...
All obvious FRAUD, to me.
I think the SEC will agree with me and investigate SRMX, for fraud, in conjunction with suspending the trading of the stock.
April 1, 2017 (from OTC Markets Quarterly Report published November 2, 2017):
A total lie/fraud. We've all monitored the OS since "day one". Here's the OS (see image below) on August 29, 2017. CEO peabody says it's 152,942,551 on April 1, 2017. Impossible. How stupid does he think we are? He needed this 100M share exchange to show consideration for the aquisition. Which never happened. That's my take on this part of his fraud anyway.
May 10, 2017 (from PR dated June 21, 2017):
February 2017 (from an allegedly SRMX CEO peabody email, using the word "merge"):
February 28, 2017 (from OTC Markets Annual Report published April 11, 2017):
February 28, 2017, April 1, 2017 and May 10, 2017.
Which is it peabody?
None. According to Utah SOS (Secretary of State). Where is there a merger in 2017? There isn't one: