Posted On: 06/08/2014 7:51:23 PM
Post# of 36729
Re: BB. joey: According to latest filing (2014 Q1), the certificates for the 20 million SKTO shares have not been issued yet to BBio. Share certificates are the rule for consummation of acquisitions.
"On June 30, 2013, SK3 Group closed an acquisition agreement to acquire 100% of the outstanding shares of BBORL, INC (Berkeley Bio-Organic Research Laboratories), a California Corporation from its four shareholders for 20 million shares of SK3 Group, common stock (5 million shares to each shareholder). The share certificates have not yet been issued, but the shares are included in the issued and outstanding shares at December 31, 2013 and March 31, 2014."
The same story applies to the acquired CA collective, the four extraction machines, and iequity corp preferred shares (60% control). In the case of the preferred, they have yet to file a new Certificate of Designations with Delaware.
"On June 30, 2013, SK3 Group closed an acquisition agreement to acquire 100% of the outstanding shares of BBORL, INC (Berkeley Bio-Organic Research Laboratories), a California Corporation from its four shareholders for 20 million shares of SK3 Group, common stock (5 million shares to each shareholder). The share certificates have not yet been issued, but the shares are included in the issued and outstanding shares at December 31, 2013 and March 31, 2014."
The same story applies to the acquired CA collective, the four extraction machines, and iequity corp preferred shares (60% control). In the case of the preferred, they have yet to file a new Certificate of Designations with Delaware.
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