Replies to post #115634 on Saddle Ranch Media Inc (SRMX)

[facts_matter14]

Since 2018, POSRMX was going to bring in millions and billions, “soon” and “sooner then you think”, so apparently everybody thought it would take 6 years since it’s almost 2023 and the grand total is $20,000.

And last week, “great things will happen tomorrow”, but I guess tomorrow is still years away.

[facts_matter14]

You know what will happen soon………

POSRMX RUNNING OUT OF CASH IN 43 DAYS!!!!!

Unless they can get a huge infusion from somewhere, and no, a few thousand dollars from Halo won’t keep this ship from sinking.

Cash on hand 3-31-22
$82,017

Cash received from 4-1-22 through 6-30-22
$567,500

$82,017 + $567,500 = $649,517

Cash on hand 6-30-22
$369,805

Cash burned through from 4-1-22 through 6-30-22
$279,712

Average monthly burn rate of over $93,000

$369,805 divided by $93,000 = 3.98

With 4 months of cash on hand as of 6-30-21, POSRMX will run out of cash by 11-1-22, which is only 43 days from now.

THEY WILL NEED $200,000 BY 11-1-22, JUST TO MAKE IT TO THE END OF 2022.

MAXINE ALREADY CONCEDED REVENUE WOULD NOT HAPPEN ON 2022, SO WHERE WILL THEY GET $200,000 TO STAY AFLOAT IN Q4?????