This small company is powering giants like Microsoft (MSFT) and Qualcomm (QCOM), you should be looking at Saddle Ranch Media (SRMX) and their subsidiary Tri Cascade, they released their quarterly report, 3 months ended March 2023 and there are some golden nuggets deep within the report.
SRMX is making big promising moves
Shares of Saddle Ranch Media is trading at $0.0032 per share. In February of 2023 the stock was trading as high as $0.0120 a share. I believe that this company can make it back to those levels given the relationships they have in place and the future potential of these business relationships.
According to SRMX’s earnings report, the golden nuggets are listed below:
- Tri Cascade released its 5G M.2 module model SG500M2-X, which is embedded with Qualcomm 2nd generation SDX55 5G modem.
- Tri Cascade released the PoC of TRITOM Guardian S100 for Azure IoT device security.
- Tri Cascade entered into a Buy/Sell Arrangement and Platform under a Service Agreement with Avnet Inc. for TRITOM Guardian S100 and for other Tri Cascade products. (Avnet is a global leader of electronic components and services, guiding makers and manufacturers from design to delivery)
- Tri Cascade entered into an authorized, formal Supplier relationship with Microsoft and received a purchase order from Microsoft for the Tri Cascade TRITOM Guardian S100 module, and successfully delivered the product to Microsoft in April, 2023.
While no revenue was recorded during the 3 months ended March 31, 2023, the company will report revenue in the second quarter of 2023 from its sales to Microsoft.
However, you can see huge potential is there for Saddle Ranch Media share holders, one thing you should also note is that Saddle Ranch Media now fully owns Tri Cascade, ownership was transferred from SkyFidelity to Saddle Ranch Media. This did not impact any revenue.
SRMX powering Qualcomm (QCOM)
Tri Cascade’s 5G M.2 module will power Qualcomm. The microchip is a 2nd generation 5G modem with integrated multi-mode support, designed to deliver breakthrough wireless performance and accelerate the global 5G rollout.
TRITOM 5G Modem supports virtually any combination of spectrum bands and/or modes: 5G mmWave and sub-6 GHz, standalone and non-standalone modes, TDD and FDD, spectrum sharing, LTE and legacy modes (3G, 2G). This is designed to enable OEMs to bring blazing fast connected devices to global networks in nearly any form factor.
The connectorized TRITOM module will enable original equipment manufacturers and system integrators requiring the highest possible speeds to deploy 5G on their mobile computing, networking and IoT platforms worldwide.
SRMX powering Microsoft (MSFT)
The TRITOM Azure Sphere Guardian S100 is built with Microsoft Azure Sphere-certified chip and includes built-in Microsoft security technology to provide connectivity and a dependable hardware-based root of trust.
The TRITOM S100 provides various interface for unconnected equipment which was designed before connectivity for non-IT devices was considered feasible or were intentionally not connected because they were deemed too mission critical to be subjected to the unsafe internet world.
Connecting equipment and device to the internet representing innovative business model such as preventive maintenance, just-in-time reporting and role-based access to the equipment and data.