Most important to that story, as it pertains to AEGY/SKTO, is the SEC statement (as previously highlighted) regarding serial violators within the microcap markets. What we have with AEGY/SKTO are a cabal of serial microcap "players" well known to the SEC.

“Our Microcap Fraud Task Force is taking direct aim at abusive practices and serial violators within the microcap markets like these four promoters seeking to exploit retail investors for personal gain,” said Michael Paley, co-chair of the SEC’s Microcap Fraud Task Force." (SEC PR)