Saddle Ranch Media Inc (SRMX)

[nodummy]

I see what you are saying. SRMX definitely said that a merger was done with SkyFidelity Inc


The first time plans to merge SkyFidelity Inc into SRMX were announced was in March 2017

https://www.otcmarkets.com/stock/SRMX/news/Saddle-Ranch-Media-Announces-Management-Change--Spin-Out-of-Saddle-Ranch-Pictures-and-the-Acquisition-of-SkyFidelity?id=156620&b=y

Then in the following June 21, 2017 PR Timothy Peabody said the merger was completed

https://www.otcmarkets.com/stock/SRMX/news/SkyFidelity--Inc--Completes-Merger-with-Saddle-Ranch-Media--Retains-Financial-Advisor?id=162688&b=y

And in the SRMX filings SRMX clearly said that a share exchange took place merging SkyFidelity Inc into the SRMX shell.

i. The Company closed on an acquisition of Skyfidelity, Inc.(together with its wholly-owned subsidiary Tricascade, Inc) as of April 1,2017 and issued 100,000,000 of its restricted common shares against the exchange of 100,000,000 common shares of Skyfidelity, Inc.( being all of the issued and outstanding shares of Skyfidelity, Inc.)

The share exchange described in the SRMX filing means that Skyfidelity Inc was merged into SRMX and no longer exists as a separate entity. But you say that no merger filing was done at the Utah SOS. If that is true then the merger has not officially taken place yet.

SkyFidelity Inc is a California business entity incorporated by Timothy Peabody on May 19, 2016. You can look it up at the following link:

https://businesssearch.sos.ca.gov/CBS/SearchResults?SearchType=CORP&SearchCriteria=skyfidelity&SearchSubType=Keyword

As of today there has been no merger filing done at the California SOS either.

Saddle Ranch Media Inc (SRMX) and SkyFidelity Inc are still technically two separate entities each with their own shares despite what SRMX has printed in press releases and in their OTC filings.



I see that SkyFidelity Inc acquired TriCascade Inc on July 22, 2016, long before SkyFidelity Inc became involved with the SRMX shell.

http://skyfidelityinc.com/skyfidelity-inc-announces-successful-acquisition-of-tricascade-inc-2/

TriCascade Inc is also a California entity first registered on March 29, 2010. The company failed to file its annual information statements with the California SOS in 2013, 2014, and 2015, but on July 11, 2016 coinciding with the acquisition, TriCascade Inc did an information statement with the California SOS adding Timothy Peabody as an officer of the entity (Secretary and CFO).

Funny how Peabody wasted no time doing filings with the California SOS for the SkyFidelity Inc/Tri Cascade Inc acquisition, but with the SRMX stuff he has dragged his feet with the UTAH SOS and the California SOS.


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It is interesting how quickly Timothy Peabody acting to start paying off old debts owed by TriCascade Inc by using SRMX stock. His eagerness to start using SRMX to pay off TriCascade debts before even doing any paperwork for any merger makes it look like his only interest in SRMX is in using SRMX as a printing press to pay off old debts for his other company. Maybe his plan is just to suck as much money out of SRMX as possible then abandon or sell the shell. Since no merger was ever officially executed he wouldn't have to worry about spinning his SkyFidelity Inc business back out of the SRMX shell once he is done.

Typical dirty pink sheet business. It's like Timothy Peabody has done this before or has somebody advising him that has used pink sheet tickers for debt/dilution scams in the past.

And that is exactly what SRMX has turned into - a debt/dilution scam - With four 3(a)10 debt/dilution transactions and counting...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138058996


Thanks to the most recent Northbridge Financial Inc 3(a)10 transaction that was settled on January 23, 2018 (4th one overall)

https://promotionstocksecrets.com/wp-content/uploads/2018/01/SRMX4a.pdf

Around 330,000,000 more free trading shares of SRMX stock will be getting dumped into the market. We have already seen some of those shares start hitting beginning on January 24th causing the price to fall from $.0124/share to $.0058/share. It will be interesting to see just how low this goes as those 330,000,000 new shares continue to get dumped into the market in the coming days.


I guess the next thing to figure out is just how much more debt Timothy Peabody plans on paying off using SRMX stock after this current round of 330,000,000 shares are done being diluted into the market.