Earlier this year, Saddle Ranch Media Inc (OTCMKTS:SRMX) completed its merger with SkyFidelity, Inc, changing its direction and focus from entertainment to consumer electronics. This week, SkyFidelity subsidiary, Tricascade, has announced the launch of a new product in that arena.
Tricascade already had a solid selling product which it distributes through both the Amazon Marketplace, and its own website at tricascade.com, which is an energy efficient high tech surge protector, and the new product announced this week can also be deemed as being aimed at efficiency.
Saddle Ranch Media Inc (OTCMKTS:SRMX)/ Sky Fidelity’s subsidiary Tricascade has created the first of its kind Smart Wall Plug– an Internet of Things (IoT) device that will be introduced at the Consumer Electronics Show (CES) in January 2018.
The Smart Wall Plug’s patented technology completely transcends the market for overload/surge protection. There are wall plugs that provide mobile app based “on-off” features-but none with provide overload protection. Finally, there are no devices in the marketplace that perform the “triple play” which consists of: (1) surge protection/load management alerts/ child proof safety outlet protection; (2) WIFI extender/router functions; and (3) energy management metering in the cloud.
The Company has designed this innovative Smart Wall Plug technology to complement its SmartOutlet device which will create a total “before and after-market” product cycle providing homes, apartments, condos and office buildings with overload/surge protection.
The Company has created a Mobile App-based software platform that will allow all of its devices to connect with and be controlled through Alexa-Equipped voice commands. The Smart Wall Plug and Smart Outlet Technologies will provide the foundation for the final stages of the Smart Home: Energy Management.
Tri Cascade’s i-BRIGHT programmable 15/20 AMP and GFCI Duplex Receptacles built-in with patented overload safety protection technology, and Smart Light Switch/Dimmers are the fundamental components for the BRIGHTconnect™ IoT ECO-Cloud Platform by enabling energy efficiency through a 802.11n Wi-Fi Mesh network of interconnected nodes allowing real time power consumption metering and user-friendly Sell-Learning Schedule System.
The company’s offerings also have the chance to save lives as well. Between 2010 and 2014, U.S. municipal fire departments responded to an average of 45,210 home structure fires involving electrical failure or malfunction. These fires caused annual averages of 420 civilian deaths, 1,370 civilian injuries, and $1.4 billion in direct property damage. Thirty-nine percent of home electrical fires involve outlets and receptacles, and other electrical wiring. The installation of the Smart Wall Plug in these residences could prevent these losses.
TriCascade intends to partner with major home builders as well as retail partner such as Home Depot and Lowes to offer consumers SmartHome Energy Management devices that will protect homes, apartments and commercial buildings from surge and overload issues while providing a SmartGrid mobile app to monitor energy usage. (Source: Globe Newswire)
Meanwhile, it’s a good time to look at SRMX from a charting perspective, as the stock is trading near its recently registered annual lows. Currently in the subpenny range, this is a stock that was trading over two cents just a few months ago. Even a nominal recovery could produce significant moves from present pricing. We’ll be tracking it in the days and weeks ahead for a possible rebound. Stay locked to Street Register for updates, and we’ll deliver important developments on SRMX as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in SRMX stock, short or long.