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Sunday, 03/11/2018 11:49:55 AM

Sunday, March 11, 2018 11:49:55 AM

Post# of 5625
SRMX DD



RECENT NEWS

* MAX C. LI APPOINTED SRMX CEO *


SRMX SETTLES NOTE - WITHOUT CONVERTING
https://backend.otcmarkets.com/otcapi/company/financial-report/188451/content

SRMX SEEKS PATENT PROTECTION FOR SKIQ ROUTER DEVICE
https://www.otcmarkets.com/stock/SRMX/news/SkyFidelity-Seeks-Patent-Protection-for-SkiQ-Router-Device?id=182027

SRMX ENTERS INTO PRODUCT DEVELOPMENT AGREEMENT WITH AT&T
https://www.otcmarkets.com/stock/SRMX/news/SkyFidelity-Enters-Into-Product-Development-Agreement-with-ATT-for-IoT-Smart-Home-Eco-System?id=180660

SRMX RELEASES COMPANY STATUS UPDATE
https://backend.otcmarkets.com/otcapi/company/dns/news/document/28811/content

SRMX INTRODUCES ACTIVATED THERMOSTAT
https://www.otcmarkets.com/stock/SRMX/news/SkyFidelity-Introduces-Voice-Activated-Thermostat?id=177721

OTCMARKETS... SRMX NEWS - PROFILE - FILINGS:
http://www.otcmarkets.com/stock/SRMX/news
https://www.otcmarkets.com/stock/SRMX/profile
https://www.otcmarkets.com/stock/SRMX/disclosure

SRMX Starter – DD – BY MONEYFORNUTHIN

The short and simple summary of the SRMX investment opportunity today lies in understanding these 3 things:

1) their development of leading-edge hardware and software supporting the Internet of Things (IoT)* ----
  • having the first and currently the only 4G/LTE router in the market - one that is extendable to 5G;
  • a development agreement with AT&T;
  • a prepaid* order for 5,000 units (deposit sufficient to fund production of the 5,000 units);
  • including credentials, experience and connections of Max Li (entrepreneur/developer of the products, with backing from his Taiwanese affiliates/investors/shareholders) and Timothy Peabody (entrepreneur and founder of various wireless / communications businesses striving for real, big solutions for markets under-served for wireless bandwidth, bandwidth through ANY medium, as wells as access to real-world information/data);
2) with a pretty clean & simple balance sheet and share structure, the company just completed a debt payoff using the 3(a)(10) exemption, which resulted in a substantially undervalued market cap (and pps);

- and -

3) the public company represented by SRMX (soon to by SKYX) was recently formed, bringing SkyFidelity, Inc. public, which had just recently acquired TriCascade, Inc. - 100% wholly-owned. The debt that was paid off - the 3(a)(10) deals - was accumulated for the development of the products. The SkiQ 4G/LTE Super Router is certainly a highlight, but the smart home thermostat, and electrical outlet and switching products are a very big part of the IoT smarthome consumer package that ALL of the big communications companies have been sweating to develop, acquire or otherwise control and leverage for their existing markets and future market share - especially with 5G now just around the corner (and "consumer" smarthome & electronics is NOT the only market*).

* Projected market size of Iot worldwide by 2020 is $8.9T (yes, trillion), from Statista (https://www.statista.com/statistics/512673/worldwide-internet-of-things-market/) Size of the global IoT (Internet of Things) market is projected, by 2020, to be: $890B for 'Retail'; $890B for 'Energy & Utilities'; $2,225B for 'Consumer Electronics'; $1,335B for 'Healthcare & Life Sciences; to a total of $8.9T including 'Industrial/Manufacturing', 'Construction/Infrastructure' & 'Automotive'.

Rather than repeat what is readily available regarding what the company has to offer and the corresponding market opportunity... just start here:

August 2, 2017 Press Release - SkyFidelity Introduces 4G/LTE Ultimate Wireless Gateway Hub
https://www.otcmarkets.com/stock/SRMX/news/SkyFidelity-Introduces-4GLTE-Ultimate-Wireless-Gateway-Hub?id=166120

January 17, 2018 Press Release - SkyFidelity Enters Into Product Development Agreement with AT&T for IoT Smart Home Eco-System
https://www.otcmarkets.com/stock/SRMX/news/SkyFidelity-Enters-Into-Product-Development-Agreement-with-ATT-for-IoT-Smart-Home-Eco-System?id=180660

...and here:

https://twitter.com/skyfidelity

--------------------------------

The following info may save some time for those who want to dig a little bit deeper and understand what's behind the balance sheet and the insiders.

BE SURE TO PAY ATTENTION TO NOTES WITH "UPDATE dates" AS THE INFO PROVIDED WAS COMPILED AND UPDATED OVER TIME.



Max Li brought the technology, CEO Timothy Peabody brought money, the merger/acquisition and previous years of experience in the wireless biz.

https://www.linkedin.com/in/maxli5578/
www.tricascadeinc.com

Timothy Peabody, CEO of SRMX, has been on a mission for years to leverage "wireless" technology and access to data. His previous experience with wireless techology was pre-IoT, which is a real game-changer.

He found Max, or Max found him, through a common thread in their respective business/technology networks - through which there are definite ties, but beyond the scope of what I can put in this post. T "new" SRMX - soon to be SKYX was formed through a reverse-merger type of deal using SRMX. I believe this was in the works in 2016, before the whole SRMX merger and transformation began formal execution early last year.

They both have significant skin in this game. Max's resources/connections in Taiwan also have substantial money in it, in the form of loans and stock (stock for the "goodwill" value of the money already invested in the product dev and the TriCascade business prior to acquisition/merger).

Here are some additional DD pieces that I put together...



(right click images and "open in new tab" to see full size)





I noted in my DD spreadsheet that there are numerous things that I like about SRMX (that point to a potentially very good ROI based on today's PPS) that really stand out.

One of them is that the financial reports, though not audited, are very clear - and the balance sheet is very clean.

Another thing is that the founders/insiders have skin in the game.

Well, another one is this - the operators appear to be frugal and responsible.

All of these things are reflected in the following spreadsheet that shows the liabilities brought together from the reporting on the past 3 quarters - essentially since inception of "SKYX" (SRMX is going to change to SKYX). (the source data - from the fins - is provided at the bottom of this post)



Source data from the past 3 quarters' balance sheets - shows progression of Liabilities



SkiQ WITH NOTATIONS FROM DUELITTLE2



BIG TIME EMAIL FROM MAX LI TO IHUBBER TMALER JUST PRIOR TO CEO ANNOUNCEMENT



SRMX could well be on the cusp of something HUGE, pieces of the puzzle do seem to show a BIG COUPLE MONTHS/YEARS coming up.

INVEST WISELY

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