Saddle Ranch Media Inc (SRMX)

[Helter Skelter]

Make it FIVE, now, nodummy...

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...

They changed from Northbridge Financial Inc to PIKEMINNOW FUNDING LLC (in place of EROP Capital, it appears) with Mark E Pena as an attorney (I don't see Alex Stavrou on this case, yet, possibly replaced by Gavan Duemke). And using Alpine Securities Corp (Steve Gribben)...as 'placement agent'...