Saddle Ranch Media Inc (SRMX)

[winmeny]

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.