Saddle Ranch Media Inc (OTCMKTS:SRMX) Stock On Radar After Recent News

Subsidiary of Saddle Ranch Media Inc (OTCMKTS:SRMX) on September 19, 2022, announced the opening of a marketing and sales office on West Superior Street in Chicago’s Business District.

Trading Data

On Monday, SRMX stock ended flat at $0.0004 with more than 17.87 million shares, compared to its average volume of 21.07 million shares. The stock moved within a range of $0.0003 – 0.0005 after opening trade at $0.0004.

Tri Cascade, Inc. announces the opening of its Chicago Sales and Marketing Office

Max C. Li, President, and CEO of Tri Cascade Inc said that the firm is excited on announcing the opening of its Chicago Office. Li added that concentrating on the marketing and sales efforts by having a satellite office will be ideal for launching the upcoming Smart connected products. Furthermore, Li said that the company will be publishing more details on both launch dates and products in the coming months.

A subsidiary of Saddle Ranch Media, Tri Cascade Inc on September 13, 2022, announced the 5G TRITOM GX500c Modem. The modem provides a rugged design with features such as flexible deployment options, high speed, latency, and adequate capacity.

Tri Cascade Inc has facilitated Halo to achieve quick and secure 5G coverage to summon a driverless vehicle for visitors and residents in Nevada. Halo had partnered with Tri Cascade for using TRITOM GX500c modem and custom-designed Fin antenna, which will optimize Halo Car connectivity to T-Mobile’s 5G network in Las Vegas.

Halo moved the proof of concept for getting Halo vehicles on road and operating on T-Mobile’s super-fast 5G network in Las Vegas.

Jerome Riordan, Tri Cascade Inc. Vice President, Business said that the company is excited that GX500c has performed well for Halo resulting in placing an extra order for fleet expansion.

Technical Data

SRMX stock is trading below the 20-Day and 50-Day Moving averages of $0.0004 and $0.0004 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0005. The company has a total market capitalization of $3.83 million.