The Cliff Notes version of "SKTO Unchained" subtit
Post# of 36728
1) The key is AVNE CEO/Chair Armstrong's definition of Aventura Labs, Inc. (fka MedScience Labs), a non-operational entity acquired by Aventura Equities, Inc. (AVNE) from iequity. His definition is identical to the definition of operational SK3 Group.
"Aventura Laboratories, Inc. is a California company dedicated to the research and development of medical marijuana products and to license the production and sales of the products to state licensed collectives in California." -Armstrong
SK3 Group is a California company dedicated to the research and development of medical marijuana products and to license the production and sales of the products to state licensed collectives in California.
2) iequity stated it has acquired controlling interest in Aventura Equities, Inc. (AVNE).
3) iequity already has controlling interest in SK3 Group (SKTO).
4) Therefore, in a merger of AVNE and SKTO, iequity would have controlling interest in the new entity.
iequity owns controlling interest in SKTO which has contracts with a number of wholesale collectives in CA and distribution agreements with over 400 CA collectives/dispensaries, Would anyone in his right mind conjure that iequity is about to create a whole new SKTO/BB from the ground up, as if they ever could, and pitch products to the same wholesale collectives and dispensaries? No, because it's absurd and would be grossly counter-productive.
5) What then is the allure of AVNE? They are an established public company that 1) can scale up SKTO's proprietary oil extraction technologies for voluminous production of cannabis/hemp oil needed for eventual continent-wide cannabis-related product sales and bring other synergies to the table and 2) provide SKTO with a new home on the pink sheets. Naked and "legit" shorts, forced to cover, would be buried in the transition.