Posted On: 05/27/2014 11:58:02 AM
Post# of 768
SKTO. Looked over the 2014 late Q1. They've all but admitted committing multimillion-dollar fraud on the markets by writing off all the unattested collective contracts that propelled SKTO from triple zeros to 8 cents in 2013 Q1. They reported a $12m loss in 2014 Q1 after a year of apparent fraud accompanied by succession of false and misleading statements -- followed in 2014 by a suspicious third-party $600,000 saturative promotion. SK3 received additonal cash advances ($76k) in 2014 Q1. The $600,000 convertible accorded to iequity (for what?) will no doubt require a significant rise in A/S to accomodate several billion in new common shares.
Their new claim of acquiring Paragon Consulting Group (PCG) is tissue thin if not laughable. PCG appears nowhere in a search of firms that would fit the description set forth in 2014 Q1. No address, no website, no identifying principals are cited -- no hard evidence to support PCG's existence as described. The intended acquisition in the "next quarter" of PCG (which Mayor claims generates $1.34m per month) for only 25m SKTO shares of decreasing value is preposterpous. In the "next quarter," PCG will likely fade away as did the $30m in reputed collective contracts. Mayor and Jan have apparently doubled down on gaming the markets and playing the shareholders for suckers.
It would seem the firm is ripe for suspension and possible criminal probe.
Regional SEC office email contacts:
http://www.sec.gov/contact/addresses.htm
FINRA
whistleblower@finra.org
1-866-963-4672
Their new claim of acquiring Paragon Consulting Group (PCG) is tissue thin if not laughable. PCG appears nowhere in a search of firms that would fit the description set forth in 2014 Q1. No address, no website, no identifying principals are cited -- no hard evidence to support PCG's existence as described. The intended acquisition in the "next quarter" of PCG (which Mayor claims generates $1.34m per month) for only 25m SKTO shares of decreasing value is preposterpous. In the "next quarter," PCG will likely fade away as did the $30m in reputed collective contracts. Mayor and Jan have apparently doubled down on gaming the markets and playing the shareholders for suckers.
It would seem the firm is ripe for suspension and possible criminal probe.
Regional SEC office email contacts:
http://www.sec.gov/contact/addresses.htm
FINRA
whistleblower@finra.org
1-866-963-4672
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