Replies to post #116279 on Saddle Ranch Media Inc (SRMX)

[CanItBThisEZ2Make]

How much are they?

[facts_matter14]

That reservation will never fill.
How many times has Maxine said a product would be selling in next quarter, including SkiQ, or a service would provide a revenue stream next quarter, and never has?

Why won’t it be sold until Q1, when they make it look like it’s ready now?

Q1 will turn into Q2, then Q3, and eventually become OBSOLETE.

[facts_matter14]

Q1? What will they do to prevent this from happening in 21 days?????

POSRMX RUNNING OUT OF CASH IN 21 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 21 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 IN 2022, SO WHERE WILL THEY GET $200,000 TO STAY AFLOAT IN Q4?????