Saddle Ranch Media Inc (SRMX)

[Magna300]

Legal Definition

Significant revenue

Significant Revenue means, with respect to any Subsidiary, annual gross revenue exceeding the Dollar equivalent of $10,000,000 as at the end of the most recent fiscal year.

Q2 (Attorney letter covered through June 30th)

"Also, in September, 2019, Tri Cascade kicked off its CAT-1 IoT Communications Gateway project with T-Mobile!
This is an exciting project, which will generate significant revenue for us in 2021. The CAT-1 data can be
downloaded and uploaded simultaneously by full duplex 10 Mbps speed. The CAT-1 Applications include, but are
not limited to, a wide range of uses such as digital signage, ATMs, kiosks, video surveillance, vehicle telematics,
cellular gateway, personal/asset trackers, sensor nodes, utility meters and monitoring systems.