Do you realize the possible implications of these findings about the preferred shares and the basis of control of SKTO? iequity is not technically in voting control of anything until the CD (Certificate of Designation) is filed with DE SOS and the 5m preferred are issued. To date, neither has happened. Do you see the window of opportunity and the possibilities that may present themselves here given that SKTO common shareholders (1 share = 1 vote) have unflexed power? Have you ever heard of a shareholder revolt to force changes in management and clean out those not abiding by their fiduciary responsibilities?

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http://investorshangout.com/post/view?id=1431571