This is a Great promo, Makes me want more!!! Thank
Post# of 36728
Posted On: 04/14/2014 1:33:16 PM
This is a Great promo, Makes me want more!!! Thanks IFLUB
Good Morning!
So my SKTO alert rocketed out the gate today and at one point this morning had rallied 12%. Interestingly though, there’s so much more to this play than what meets the eye and I believe once you get the full picture you’ll see why I believe 12% is only just the start.
I am talking about earnings and assets folks, the sort of stuff that sends stocks flying off the shelves.
SKTO has been quite busy in those departments and a glance at its balance sheet as of June 30, 2013 makes for delightful reading.
This is what I mean:
According to SKTO’s balance sheet as of June 30, 2013, the company has total assets of $18,953,126.57. Basically the company is sitting on a cool $19 mil.
But there’s more…
SKTO posted net income of $17,730,729.74!
Now keep in mind that SKTO delivers essential administrative services to medical marijuana companies. These services will no doubt add significantly to the bottom line. Throw in the fact that a merger is in the works with PharmaJanes, owner of a technology platform that facilitates patient enrolment in its exclusive network of dispensaries by processing and verifying patients' applications.
The merger is expected to yield solid market synergies and help propel SKTO to the next level of service delivery. When this happens, $17 million net income is perhaps going to look like child’s play.
Your job then is to be on board as soon as possible because these developments in SKTO are unfolding right now!
If you haven't read the original report please do so now. Here it is!
==
Grab your trading gear, hold on to your socks, and prepare to get high on my latest monster, a company that has taken a unique approach to capitalizing on the booming medical marijuana market.
SKTO operates by providing essential licensing, management, and logistic services to medical cannabis collectives throughout California.
The company is well positioned as a facilitator to profits, and it’s been getting a lot of Wall Street and media attention.
Hit YouTube Podcast "Getting Doug with High," hosted by popular funny-man Doug Benson has been the media toy of SKTO for the last few weeks.
SKTO is also pressing ahead with plans to merge with another Getting Doug With High regular, PharmaJanes. According to an April 4 announcement, the board of directors of both companies have agreed to a merger between the two companies.
This is of course feeding heavily into SKTO’s trading profile and right now the play is ripe for some heavy trading action.
Momentum is strong and after a pullback from the high .04s, SKTO looks ready to make a leap north.
Get ready to leap with it!
Investor Highlights
SKTO is ready for a valuation upgrade and the recent decision to merge with PharmaJanes is a huge catalyst.
SKTO has added nearly 900% to lower valuations since May 2013 and the strong trading has pushed into 2014.
SKTO’s 12-month high is .07 – a mark which has come under strong pressure since traders got wind of important developments inside SKTO.
SKTO has a bounce-worthy RSI of 38 and after a pullback from the high .04s, the play looks poised to break through its current level of resistance. There's some gains to be had here.
SKTO’s medium term momentum is strong and the play boasts increases in several moving averages. Its 100-day MA is up a solid 211%.
SKTO’s near-term moving averages are heating up and could well break through the ceiling on the strength of its news profile. 50-day MA is up 154%.
About SKTO
SKTO (SK3 Group) is acquiring strategic assets in technology, healthcare, and business services and has acquired Medical Greens, Inc., a provider of administrative, accounting and other services to California marijuana collectives, authorized under California law.
SKTO is focused on the delivery of alternative care and medicine. With seasoned management, breakthrough technology and best practices.
SKTO brings standardization and transparency to this rapidly growing segment of the alternative care field.
SKTO was founded in 2000 and is based in Meritt Island, Florida.
Investors Rush Into Exploding Medical Marijuana Industry
The pot business is, well, growing. A Gallup poll shows that U.S. support for legalizing cannabis has reached 58 percent. Election night saw pro-marijuana laws passing in places such as Portland, Maine, and Lansing, Michigan.
"It's an incredibly exciting time to be in the cannabis industry," said Tripp Keber, an investor and the managing director of Dixie Elixirs & Edibles, which sells products laced with THC (tetrahydrocannabinol, the psychoactive ingredient in pot) to medical marijuana dispensaries.
Business has tripled in 2013, according to Keber.
"Three years ago, nobody was interested in investing, but just yesterday I met with a hedge fund. I met with institutional investors," he said.
Investment action is ramping up as the two states that have legalized recreational "adult use" pot — Washington and Colorado — begin to issue licenses and the first retail outlets prepare to open. The federal government said in August that the Justice Department would not stop states from creating their own regulatory and taxation frameworks.
That federal decision to step back in turn unleashed "pent-up demand" from investors, said Troy Dayton, co-founder and CEO of the ArcView Group, which conducts market research on the pot industry. It recently released a report predicting that the legal marijuana business will increase 64 percent this year and top $10 billion within five years.
"This is the next great American industry," Dayton said.
A study by RAND Corporation estimates that Americans consumed $40.6 billion worth of marijuana in 2010, an increase of 30% over a decade earlier. A separate study by IBIS World estimated the US medicinal marijuana industry to be worth $2 billion last year, with annualized growth of 13.8% from 2008.
Whichever way you look at it, the marijuana industry is huge and growing rapidly. Now, as it becomes increasingly legally acceptable, its entrepreneurs are moving out of the shadows and into mainstream commerce.
Recent Developments
SK3 Group (SKTO) and PharmaJanes.com (AEGY) Sign Definitive Agreement to Merge
LOS ANGELES, CA--(Marketwired - Apr 4, 2014) - Alternative Energy Partners, Inc. (AEGY), doing business as PharmaJanes, and SK3 Group (SKTO), doing business as Medical Greens, announce that their respective Boards of Directors have signed a definitive agreement to merge the two companies for better market efficiencies and to create a single medical marijuana market support company which can qualify for a higher (AMEX, NASDAQ) market listing.
Per the agreement, SKTO and AEGY will merge into a newly formed acquisition company which will integrate the separate operations of both companies.
Shareholders of each constituent party to the merger will receive shares of the new holding company, which will succeed to the SEC reporting obligation of AEGY and which will apply for a new trading symbol, a new CUSIP number, and continued electronic trading status with the Depository Trust Company. The final exchange rate for the common shares of AEGY and SKTO will be based on the volume weighted average market value of each company on the effective date, which has not yet been determined.
The previously announced dividend of the shares of AEGY held by SKTO will be accounted for in the merger by treating those shares as held proportionately by the SKTO shareholders as of the effective date. Closing of the proposed merger will require the new holding company to register the shares to be issued in the merger to the shareholders of both AEGY and SKTO.
"We are excited that this merger is completed and we are looking forward to moving ahead in our newly merged form," said SK3 Group President Artemus Mayor. "I am looking forward to working with the AEGY management to integrate both companies to deliver enhanced value to all of our shareholders."
"This merger will enhance our ability to deliver services to our customers across all of our lines of business," said AEGY President Mario Barrera. "The combined entity will take advantage of scale economies and directly aligned business operations and strategy to take the combined business to the next level."
SKTO has 3 big catalysts:
1. SKTO’s merger with PharmaJanes has yet to close which means further news developments are in the pipeline. This news could add considerable oomph to market valuation.
2. The play has very healthy baseline technicals. The reversal opportunity is evident.
3. SKTO is massively undervalued and Wall Street knows it. Expect strong interest when the gates open.
Don’t let this play make a move without you.
Warm Regards,
Alexander Reeves
info@pennypicks.net
IMPORTANT NOTICE AND DISCLAIMER:
The content of this e-mail is often paid advertising not a recommendation nor an offer to buy or sell securities. We are an information and marketing firm not a financial analyst, investment advisor or broker/dealer. We are in the business of marketing and advertising companies to generate exposure of them by sending alerts to our subscribers for monetary compensation and have been compensated thirty thousand for the dissemination of this report. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only.
Investing in securities is highly speculative and carries a great deal of risk. You may lose your entire investment. If you cannot afford to lose your entire investment do NOT invest in securities. Frequently, companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.
We will never own or beneficially own any securities of any company mentioned in this email. We are advertisers, not investors or traders.
Good Morning!
So my SKTO alert rocketed out the gate today and at one point this morning had rallied 12%. Interestingly though, there’s so much more to this play than what meets the eye and I believe once you get the full picture you’ll see why I believe 12% is only just the start.
I am talking about earnings and assets folks, the sort of stuff that sends stocks flying off the shelves.
SKTO has been quite busy in those departments and a glance at its balance sheet as of June 30, 2013 makes for delightful reading.
This is what I mean:
According to SKTO’s balance sheet as of June 30, 2013, the company has total assets of $18,953,126.57. Basically the company is sitting on a cool $19 mil.
But there’s more…
SKTO posted net income of $17,730,729.74!
Now keep in mind that SKTO delivers essential administrative services to medical marijuana companies. These services will no doubt add significantly to the bottom line. Throw in the fact that a merger is in the works with PharmaJanes, owner of a technology platform that facilitates patient enrolment in its exclusive network of dispensaries by processing and verifying patients' applications.
The merger is expected to yield solid market synergies and help propel SKTO to the next level of service delivery. When this happens, $17 million net income is perhaps going to look like child’s play.
Your job then is to be on board as soon as possible because these developments in SKTO are unfolding right now!
If you haven't read the original report please do so now. Here it is!
==
Grab your trading gear, hold on to your socks, and prepare to get high on my latest monster, a company that has taken a unique approach to capitalizing on the booming medical marijuana market.
SKTO operates by providing essential licensing, management, and logistic services to medical cannabis collectives throughout California.
The company is well positioned as a facilitator to profits, and it’s been getting a lot of Wall Street and media attention.
Hit YouTube Podcast "Getting Doug with High," hosted by popular funny-man Doug Benson has been the media toy of SKTO for the last few weeks.
SKTO is also pressing ahead with plans to merge with another Getting Doug With High regular, PharmaJanes. According to an April 4 announcement, the board of directors of both companies have agreed to a merger between the two companies.
This is of course feeding heavily into SKTO’s trading profile and right now the play is ripe for some heavy trading action.
Momentum is strong and after a pullback from the high .04s, SKTO looks ready to make a leap north.
Get ready to leap with it!
Investor Highlights
SKTO is ready for a valuation upgrade and the recent decision to merge with PharmaJanes is a huge catalyst.
SKTO has added nearly 900% to lower valuations since May 2013 and the strong trading has pushed into 2014.
SKTO’s 12-month high is .07 – a mark which has come under strong pressure since traders got wind of important developments inside SKTO.
SKTO has a bounce-worthy RSI of 38 and after a pullback from the high .04s, the play looks poised to break through its current level of resistance. There's some gains to be had here.
SKTO’s medium term momentum is strong and the play boasts increases in several moving averages. Its 100-day MA is up a solid 211%.
SKTO’s near-term moving averages are heating up and could well break through the ceiling on the strength of its news profile. 50-day MA is up 154%.
About SKTO
SKTO (SK3 Group) is acquiring strategic assets in technology, healthcare, and business services and has acquired Medical Greens, Inc., a provider of administrative, accounting and other services to California marijuana collectives, authorized under California law.
SKTO is focused on the delivery of alternative care and medicine. With seasoned management, breakthrough technology and best practices.
SKTO brings standardization and transparency to this rapidly growing segment of the alternative care field.
SKTO was founded in 2000 and is based in Meritt Island, Florida.
Investors Rush Into Exploding Medical Marijuana Industry
The pot business is, well, growing. A Gallup poll shows that U.S. support for legalizing cannabis has reached 58 percent. Election night saw pro-marijuana laws passing in places such as Portland, Maine, and Lansing, Michigan.
"It's an incredibly exciting time to be in the cannabis industry," said Tripp Keber, an investor and the managing director of Dixie Elixirs & Edibles, which sells products laced with THC (tetrahydrocannabinol, the psychoactive ingredient in pot) to medical marijuana dispensaries.
Business has tripled in 2013, according to Keber.
"Three years ago, nobody was interested in investing, but just yesterday I met with a hedge fund. I met with institutional investors," he said.
Investment action is ramping up as the two states that have legalized recreational "adult use" pot — Washington and Colorado — begin to issue licenses and the first retail outlets prepare to open. The federal government said in August that the Justice Department would not stop states from creating their own regulatory and taxation frameworks.
That federal decision to step back in turn unleashed "pent-up demand" from investors, said Troy Dayton, co-founder and CEO of the ArcView Group, which conducts market research on the pot industry. It recently released a report predicting that the legal marijuana business will increase 64 percent this year and top $10 billion within five years.
"This is the next great American industry," Dayton said.
A study by RAND Corporation estimates that Americans consumed $40.6 billion worth of marijuana in 2010, an increase of 30% over a decade earlier. A separate study by IBIS World estimated the US medicinal marijuana industry to be worth $2 billion last year, with annualized growth of 13.8% from 2008.
Whichever way you look at it, the marijuana industry is huge and growing rapidly. Now, as it becomes increasingly legally acceptable, its entrepreneurs are moving out of the shadows and into mainstream commerce.
Recent Developments
SK3 Group (SKTO) and PharmaJanes.com (AEGY) Sign Definitive Agreement to Merge
LOS ANGELES, CA--(Marketwired - Apr 4, 2014) - Alternative Energy Partners, Inc. (AEGY), doing business as PharmaJanes, and SK3 Group (SKTO), doing business as Medical Greens, announce that their respective Boards of Directors have signed a definitive agreement to merge the two companies for better market efficiencies and to create a single medical marijuana market support company which can qualify for a higher (AMEX, NASDAQ) market listing.
Per the agreement, SKTO and AEGY will merge into a newly formed acquisition company which will integrate the separate operations of both companies.
Shareholders of each constituent party to the merger will receive shares of the new holding company, which will succeed to the SEC reporting obligation of AEGY and which will apply for a new trading symbol, a new CUSIP number, and continued electronic trading status with the Depository Trust Company. The final exchange rate for the common shares of AEGY and SKTO will be based on the volume weighted average market value of each company on the effective date, which has not yet been determined.
The previously announced dividend of the shares of AEGY held by SKTO will be accounted for in the merger by treating those shares as held proportionately by the SKTO shareholders as of the effective date. Closing of the proposed merger will require the new holding company to register the shares to be issued in the merger to the shareholders of both AEGY and SKTO.
"We are excited that this merger is completed and we are looking forward to moving ahead in our newly merged form," said SK3 Group President Artemus Mayor. "I am looking forward to working with the AEGY management to integrate both companies to deliver enhanced value to all of our shareholders."
"This merger will enhance our ability to deliver services to our customers across all of our lines of business," said AEGY President Mario Barrera. "The combined entity will take advantage of scale economies and directly aligned business operations and strategy to take the combined business to the next level."
SKTO has 3 big catalysts:
1. SKTO’s merger with PharmaJanes has yet to close which means further news developments are in the pipeline. This news could add considerable oomph to market valuation.
2. The play has very healthy baseline technicals. The reversal opportunity is evident.
3. SKTO is massively undervalued and Wall Street knows it. Expect strong interest when the gates open.
Don’t let this play make a move without you.
Warm Regards,
Alexander Reeves
info@pennypicks.net
IMPORTANT NOTICE AND DISCLAIMER:
The content of this e-mail is often paid advertising not a recommendation nor an offer to buy or sell securities. We are an information and marketing firm not a financial analyst, investment advisor or broker/dealer. We are in the business of marketing and advertising companies to generate exposure of them by sending alerts to our subscribers for monetary compensation and have been compensated thirty thousand for the dissemination of this report. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only.
Investing in securities is highly speculative and carries a great deal of risk. You may lose your entire investment. If you cannot afford to lose your entire investment do NOT invest in securities. Frequently, companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.
We will never own or beneficially own any securities of any company mentioned in this email. We are advertisers, not investors or traders.
(0)
(0)SK3 Group Inc. (SKTO) Stock Research Links
Scroll down for more posts ▼