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SK3 Group Inc. SKTO
Posted On: 04/16/2013 10:14:06 AM
Post# of 36729
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Posted By: Kingrichard


PLEASE READ SKTO NOT JUST MMJ COMPANY BUT HOLDING COMPANY I think we are in for a real treat. As scary as the bashers and haters make skto's past look. Maybe they did some things that hurt or worried investors. But check this out. Regardless of the past they have been adding and growing big time the past 13 years. And most notably look at this from the last 3 years alone. Per Annual report April 22, 2011. If these hold to be true when the 2011/2012 filings come out we are going to be looking good. Besides the 42mil in mmj contracts check out these in the last 3 years. Not sure if all these deals were completed or went through. But if so we are looking at millions in purchased companies and millions in revenu besides the Medicals greens 42 MIL contracts


Disclaimer - ALL IN MY OPINION- Info not of my own but of OTCIQ.comSK3 Group Inc ISSUER INFORMATION DISCLOSURE April 22, 2011


https://www.otciq.com/otciq/ajax/showFinancia...f?id=48263


Note 3 Subsidiary Transactions and Subsequent Events. (S ubsidiary's of SK3/SKTO)




In January 2011, the Board agreed to issue 100,000,000 shares of common stock to


Healthcare of Today, Inc., which will represent 20.4 percent of the resulting common stock


outstanding when issued as well as 5,000,000 preferred shares. The shares will be issued in


April 2011..


In March, 2010, the Board issued 60,000,000 shares of common stock to Healthcare of


Today, Inc. for an acquisition


9. Any past, pending or anticipated stock split, stock dividend,


recapitalization, merger, acquisition, spin-off, or reorganization;


May 30, 2007 - 100 to 1 reverse stock split;


March 7, 2008 - 50 to 1 reverse stock split, and


1.)In February 2011, the Company acquired all of the outstanding shares of PRN Staffing Services,


Inc. (“PRN”), in exchange for 100,000,000 common shares and 5,000,000 voting preferred


shares having a vote at all times equal to 51% of the total vote of all shares entitled to vote, and


PRN is now a wholly-owned subsidiary. The shares required to be issued in the transaction have


not yet been issued and will be issued in April, 2011. PRN’s purchase price of $4,000,000 was


determined by reference to the fair value of shares trading on the open market.


2.)In March 2011, the Company also acquired all of the outstanding shares of W&M Medical


Management, Inc. (“W&M”), in exchange for a convertible promissory note with an original


principal amount of $4,300,000., and W&M became a wholly-owned subsidiary of the


Company. The promissory note is payable within twelve (12) month of Closing and is


convertible into that number of shares of SK3 common stock that equals $4,300,000 divided by


90 percent of the average share price of SK3 common stock at the close of trading .


3.)In March, 2011, the Company acquired all of the outstanding shares of Healthstaff Training


Institute, Inc.. (“Healthstaff”), in exchange for a convertible promissory note with an original


principal amount of $630,000., and Healthstaff became a wholly-owned subsidiary of the


Company. The promissory note is payable within twelve (12) month of Closing and is


convertible into that number of shares of SK3 common stock that equals $630,000 divided by 90


percent of the average share price of SK3 common stock at the close of trading.


4.)In April, 2011, the Company agreed to acquire all of the outstanding shares of Angel’s Holding


Corp. (“Angel’s), in exchange for a convertible promissory note with an original principal


amount of $1,100,500, and Angel’s will became a wholly-owned subsidiary of the Company.


The promissory note will be payable within twelve (12) month of Closing and will be convertible
















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