Replies to post #64839 on Saddle Ranch Media Inc (SRMX)

[facts_matter14]

Here's more great info. Max speaks in code:

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What Max says is, “The world famous Taiwan Hsinchu Science Park invited Tri Cascade to participate in the IoT construction elements for a new 8 story industrial building.”

What this means is, Tri Cascade is among many other companies who are participating and there is no guarantee Tri Cascade will be chosen at all.

What people want to believe is, Tri Cascade was selected as the provider for this project.
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What Max says is, “During my meetings with Microsoft Taiwan, they asked if Tri Cascade would like to join with them at their booth at Taiwan Computex 2019 ( May 28-June 1,2019). I confirmed “Yes !”, and Amy Yang, VP IoT Platform Development Operations (based in Taiwan) will work with Microsoft Taiwan in this regard. Once Microsoft confirms this event with Tri Cascade, we will receive the formal invitation from Microsoft to join with them in Taiwan at the event. ”

What this means is, well, not much. Waiting to confirm the event and then to get a formal invitation to the event.

What people want to believe is, Tri Cascade is so great that Microsoft asked them to share their booth and no other company was asked to do the same.

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What Max says is, “Through an introduction from Microsoft Taiwan IoT team, Tri Cascade is now engaged with Microsoft A.I. Edge computing partner, Aetina ( https://www.aetina.com). We will bring our sample model AN310, with TX2 module, to Microsoft headquarters mid April, 2019 for co-development of A.I. building/home automation. Currently, Tri Cascade is processing an NDA with Aetina.

What this means is, there is no there there. Shareholders will like how it sounds. And by mentioning the NDA, we will most likely never hear about this again.

What people want to believe is, there is now a partnership with Aetina since Max said we are engaged with and there is an NDA.

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What Max says is, “While in Taiwan, I was able to work with our team to define our new the indoor air quality product for the consumer after-market business, and we are scheduled to receive the product outlook design by the end of this week.”

What Max means is, who knows? “To define our new the indoor air quality product”.

What people want to believe is, _____________________ fill in the blank.

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What Max says is, “Separately, we also locked down the schedule to deliver to T-Mobile the certification samples of our new outdoor air quality device with the new Quectel NB IoT chipset by April 15,,2019. We anticipate receiving certified sign-off from T-Mobile – after which we can proceed into production.”

What Max means is, we will deliver the samples by April 15, and we pray TMobile approves them.

What people want to believe is, TMoblie will approve the samples and Tri Cascade will immediately produce them for sale.

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What Max says is, “All in all, a very successful trip. We now have several irons in the fire and are moving rapidly forward on all cylinders!”

What Max means is, he got another trip to Taiwan to visit friends and we don’t really have anything tangible going on, but this update sounds good to put out right after the latest dilution crashed the stock. This should tide the shareholders over until the next fluff.

What people want to believe is, Wow, there is so much going on for SRMX and Max is making it happen. And blah, blah, blah.

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The facts are that the 3-20 update is no different than any other updates given since last February. Words like, engaged, submitted, developing, working with, anticipate, are all used because they are not definitive and therefore are subject to never turning into anything concrete.

Last year there was supposed to be a Smart Home Pilot Project with a builder in Southern CA, in June/July 2018, which was announced in February 2018. We never heard about it again.

This is the pattern with SRMX and obviously people are starting to catch on, which is why this is the lowest it has been in 9 months, with all of this "great news".

[soccer.mom23]

one of posters , talked about turning off ATM , dilution
its conceivable that SRMX is replacing the TOXIC 3 A 10 borrowing , with the REG A type , which is benign for market action.
Though necessary , if no other means of financing , its a death spiral for the price of the shares
if i am correct , than the death spiral , is over
and if MAX is forthright , that T MOBILE or other contracts are in the works, there will be no need for a reverse split , because the price of the stock , will be substantially higher .IMO