SkyFidelity, Inc. Completes Merger with Saddle Ranch Media; Retains Financial Advisor
21 Juin 2017 - 2:30PM
InvestorsHub NewsWire
NEWPORT
BEACH, CA - June 21, 2017 - InvestorsHub NewsWire -
SRMX/SkyFidelity, Inc. (OTC:
SRMX) (the “Company”) today announces that as of May 10, 2017,
SkyFidelity, Inc. has successfully completed its merger with Saddle
Ranch Media, Inc. (“SRMX”).
At this time, the emerging Company intends to rapidly move forward
with various business activities, including the immediate filing of
the necessary documents to change the operating name and symbol of
Saddle Ranch Media, Inc. to SkyFidelity, Inc. with corresponding
ticker symbol, “SKYX.” The Company anticipates that all
of the documentation necessary for filing and registration of the
new operating name and symbol will occur by June 27,
2017.
In
conjunction with the merger, the Company, through its Tri Cascade,
Inc. subsidiary, has retained the services of Boustead Securities, LLC, a California-based FINRA
broker/dealer, as its exclusive financial
advisor. Boustead
Securities is an investment banking firm that advises clients on
IPOs, mergers and acquisitions, capital raises, and
restructuring assignments with particular emphasis in the
Intellectual Property (IP) arena.
SRMX/SkyFidelity believes that
through its retention of Boustead Securities it has the opportunity
to access substantial capital markets that will enable the Company
to manufacture and take to market its exclusive range of
proprietary hardware and software devices.
SRMX/SkyFidelity is presently engaging with SEC counsel and a
public accounting firm in order to receive qualified legal and
accounting advice for initiatives moving forward.
“With
the retention of these new professional legal and accounting firms
amid the completion of this merger, we are taking a major step
toward our goal of becoming a completely reporting entity. These
corporate milestones provide us with a strong foundation from which
we plan to progress to larger trading exchanges in the near
future,” says SRMX/SkyFidelity management.
About
SRMX/SkyFidelity, Inc.
SRMX/SkyFidelity’s objective is to build a world-class
multi-division technology company. In order to expand its
operational capacities in the wireless world, SkyFidelity purchased
100% of the stock in Tri Cascade, Inc. in July 2016. This
acquisition provides SkyFidelity the opportunity to acquire
manufacturing and product development experience in Taiwan and
China under the exceptional leadership of Tri Cascade’s management
team, which is led by its president and CEO, Max
Li.
For more
information, visit http://skyfidelityinc.com
About
Tri Cascade, Inc.
Founded
in May 2010, Tri Cascade, Inc. is committed to developing
innovative Internet of Things (IoT) convergent technologies and
products to reduce energy costs and empower the end user for
smarter and safer living. Leveraging its extensive experience in
energy management, wireless networking, and home and B2B automation
and device control systems, Tri Cascade focuses on bringing leading
edge Wi-Fi and Machine-to-Machine wireless innovations for
smart energy management to both residential and commercial markets.
Tri Cascade aims to use the Internet of Things to make cities
dynamic and responsive to energy demands and real-time energy
spikes. Tri Cascade’s first product release is the i-BRIGHT™7x
Smart Surge Protector, a Wi-Fi-enabled home energy management tool
embedded with online scheduling and power consumption metering on
the Microsoft® Cloud.
For more
information, visit http://www.tricascadeinc.com
Contact
SkyFidelity, Inc./TriCascade,
Inc:
Max Li,
President
5020
Campus Drive, Newport Beach, CA 92660
Email: maxli@tricascadeinc.com
Saddle Ranch Media (PK) (USOTC:SRMX)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Saddle Ranch Media (PK) (USOTC:SRMX)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025