Savage: How these puzzle pieces may fit together c
Post# of 36728
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The 8-K states O/S as of 04/04/2014 is 697m. There are then 553m SKTO shares that can theoretically still be issued. If the A/S was raised pursuant to a merger, as seems likely, then one could reasonably argue that some or all or these shares will be issued after 04/04/2014 (signing) and before closing of merger by June 30, 2014. Hidden Schedules in the 8-K would be where such information could be found. See below. The closing establishes the "Effective Time" of the merger after which no further shares could be issued by either party.This construct would explain both the large increase in A/S and the hundreds of thousands of dollars paid to promotional touts at this time. Time for them is of the essence.
8-K
"There are no outstanding subscriptions, options, warrants, puts, calls, rights, exchangeable or convertible securities or other commitments or agreements of any character relating to the issued or unissued capital stock or other securities of the SKTO, or otherwise obligating SKTO to issue, transfer, sell, purchase, redeem or otherwise acquire any such securities except as described in Schedule 4.2 (b)."
"Except as set forth above and as described in Schedule 4.2 (a), as of the date hereof, no shares of capital stock or other voting securities of SKTO are issued, reserved for issuance or outstanding and no additional shares of capital stock or other voting securities of SKTO shall be issued or become outstanding after the date of this Agreement."
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