Replies to post #66246 on Saddle Ranch Media Inc (SRMX)

[facts_matter14]

Hey Shig, not aware of dilution specifically today. Looks like sell off due to the missed self imposed 4-15 delivery deadline, which was no surprise to those who know Max's history.

The next event will be the $695,000 settlement, converted to hundreds of millions, if not over a billion shares, which I believe has a court date of April 24.

Then of course there is this 961 million shares being offered at .00024

All in all, this is nothing that a few sample air monitors being delivered, if they ever are, can overcome near term.

As has been said for the past 16 months, since the one sided ATT announcement which never materialized, it's going to take some type of huge deal that is CONFIRMED BY THE OTHER PARTY, to make a significant positive and sustained move up.

Max has proven his word is not even worth the .00024 offering and it will take more than his bogus fluffdates to change things.

[Echo115]

The company is trying to be fair to its shareholders by doing an IPO vs borrowing from NB and giving them shares to quickly sell into the open market.
The ones buying the IPO shares under .0003 will likely hold for longer term gains.