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SRMX Saddle Ranch Media Inc (PK)

0.0002
-0.00005 (-20.00%)
05 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Saddle Ranch Media Inc (PK) USOTC:SRMX OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.00005 -20.00% 0.0002 0.0001 0.0003 0.00025 0.0002 0.00025 139,200 20:57:30

Automated-X, Inc. Announces Retirement of 200 Million Shares of Stock

26/01/2015 1:30pm

Business Wire


Saddle Ranch Media (PK) (USOTC:SRMX)
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Ownership percentage of Company’s public shareholders significantly increased

Company positioned for expansion and growth

Automated-X, Inc. (OTC Pink: AUTX) today announced that two majority shareholders have retired 100 million shares each of restricted stock. This action provides the opportunity for Automated-X to have a more cohesive capital structure and valuation that will position the Company for expansion and growth. The shares were retired to the Company’s stock treasury account on January 23, 2015.

“Our goal is to continue the methodical development of our Company, protect the integrity of the stock structure, and build shareholder value. The retirement of this stock reduced the total issued and outstanding shares to 114,669,205 shares, significantly increasing the ownership percentage of the Company’s public shareholders,” commented Tim Regnier, President and COO.

“Automated-X is operating in a fast-growing market segment. We are strengthening our foundation and positioning the Company to be a major contender as opportunities arise,” continued Regnier.

About Automated-X, Inc.

Automated-X, Inc. (OTC Pink: AUTX), formerly Interline Resources Corp., develops and integrates next-generation automated technologies into retail store environments and other areas of application where efficiency is improved through automation. The Company intends to take a leading role in automated retail to constantly raise the bar with state-of-the-art convenience, security, and laborsaving technologies. It intends to eventually expand its kiosk offerings in other retail growth sectors, including other automated technology systems focused on convenience and price-driven automation opportunities. For more information, visit www.automated-x.com.

Forward-Looking Statement

This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic filings with OTC Markets and available on its website at http://www.otcmarkets.com. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.

For Automated-X, Inc.Lagano & Associates, Inc.Pam Lagano, 281-377-1046plagano@laganoassociates.com

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