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Friday, January 19, 2024 12:12:14 PM
IRVINE, Calif., October 16, 2023 — Saddle Ranch Media, Inc.’(OTCMKTS: SRMX) today
announced the acquisition of a majority ownership of Allied Rich LLC , effective October
1, 2023
Formed in 2008, Allied Rich LLC has developed key relationships and contacts with
offshore manufacturing companies from which the LLC imports a variety of kitchen
products for wholesale sale against payment guarantees provided by a network of U.S.
retailers. The LLC is managed by Bob McGeeney from its base in downtown Chicago and
has achieved gross revenues of approximately $1.5 million annually. The merger with
Saddle Ranch Media, Inc with it’s ownership of Tri Cascade, Inc – an enterprise based in
Irvine, California focused to accelerate the launch of Smart Home devices through secure
telecom connectivity - will enable Allied Rich LLC to also expand its sales product line to
include Smart devices to help consumers better manage, monitor and remotely control
their various kitchen appliances and other home appliances. The cashless consideration
for the majority ownership acquisition was made through the issuance of SRMX restricted
common shares and enables SRMX to diversify its product lineup, as well as
consolidating its product marketing, promotion, and distribution.
$1.5M/4 = $375K
$375K * % of Allied Rich affiliated with Tri Cascade Inc. = Approximate Revenue per Quarter
So what products does Tri Cascade Profit from with Allied Rich?
GO VOS 5G
GO ALLIED RICH
GO SRMX(TCCI)$
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