Saddle Ranch Media Inc (SRMX)

[facts_matter14]

We have a $4871 problem, and there will be no way to know the actual sales in Q4.

Why? Glad you asked:
The quarterly reports for the first 9 months of 2023, show sales of $11,888
BUT the Q3 shows $16,759 as the sales through the first 9 months of 2023.

How can this be?

Maxine and Alan continue to file FRAUDULENT financials, which make it impossible to know the real numbers.

What we know is;
Q1 shows $0 revenue
Q2 shows $5944 and YTD of $5944
Q3 shows $5944 and YTD of $16,759

Simple math shows that 0 + 5944 + 5944 = 11,888

What we don’t know is why YTD shows 16759 when the quarterly numbers add up to only 11888?

This means we have a mystery regarding an extra $4871 showing on YTD, which is not substantiated by Q1, Q2, and Q3 totals.

Unaudited financials are unreliable, especially at POSRMX.

Note: Q2 and Q3 sales and Gross Margin numbers are IDENTICAL. What are the chances of that being true?
Most likely, Q2 was overlooked in Q3, and wasn’t changed.

This COULD account for the YTD number not matching up with the Q2 and Q3 numbers.

We have no way of knowing, and since the K will only show annual sales, and not Q4 sales, we will have no way of knowing what the Q4 sales were, with any certainty.

When financials are accurate, you just take the annual sales and subtract the first 9 months sales, to get Q4 sales.

In this case, we don’t know if the Q3 or the Q3 YTD sales are correct, so it’s just the same shit show it’s always been on Saddle Ranch.