Savage: Properties could be salvaged with the cooperation
Savage: Properties could be salvaged with the cooperation of the principals who pushed SKTO/AEGY over the cliff in the first place. But it's asking a lot for tigers to change their stripes. I think the only way to strike a deal that salvages the properties in a way that is in the interest of existing shareholders and damaged shareholders is to apply the force of legal threats against them, lawsuits that go after their personal assets. These people are hardened shysters. What else would they understand? They screwed you, now screw them.
The merger of two pot stocks was bound to attract the unwanted scrutiny of the regulators at war with MMJ, and I said as much. I knew that kind of scrutiny would make regulators shake their heads; it factored as one of the reasons I sold most of my position. When other dominos fell for reasons that clearly applied to SKTO, it was like waitiing for hangman. The conceit of the two firms blinded them to the realities.
The immmediate problem for the village idiots and/or charlatans who have been running SKTO and AEGY is to overcome charges of fraud or other serious charges. Your extraordinary DD in uncovering apparently phony collectives set up by IEquity raised the fraud alert from Orange to Red. One could see fraud written all over those $30 million in contracts (with themselves) announced in March 2013 that were of course never collected, and started their game rolling with 10,000%+ gains in two weeks. SKTO and AEGY are not separable in terms of controlling shareholder IEquity Corp. That likely why the SEC went for the twofer.
Salvaging something of value for shareholders (with realized and unrealized losses) will be difficult but not impossible.
SK3 Group Inc. (SKTO) Stock Research Links
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Dissecting the Nuances of the EVOKE-03/KEYNOTE-D46 Trial Every once in a while, we come across a trial that rattles cages in the research community. Today, it's the EVOKE-03/KEYNOTE-D46 trial, a collision of hope and hard-knock reality. This Phase 3 trial, which sought to explore the potential combo of sacituzumab govitecan (SG) and pembrolizumab on metastatic non-small...
Continue Reading
Digestive Wellness: The Emerging Opportunity Some days, it feels like everybody's got a gripe about their gut. You nod along at the lunch counter, folks buzzing about digestive this and acid that. But when PureHealth Research pops up with their fancy supplements, well, even the stock market's noisier nonsense starts sounding a bit quieter. They're banking big on the...
Continue Reading
The Game-Changing Results Innovation in pharmaceuticals sometimes feels like a waiting game, but when a fresh breakthrough like this rolls in, it lights up the whole landscape. Risvutatug rezetecan, or Ris-Rez for short, has shown promising potential in the fight against relapsed small-cell lung cancer (SCLC) that has progressed after platinum-based therapy. Survival...
Continue Reading
The Rise of "Safe Ground" on Prime Video This isn't your typical feel-good story—it’s about grit and the unending fight for 'normalcy' where war left scars. Safe Ground, now streaming on Prime Video, showcases Ryan Hendrickson, a U.S. Army Green Beret whose story takes a sharp turn after stepping on an IED in 2010. The day he almost became just another statistic...
Continue Reading
Echoes from Berlin IFA 2026 in Berlin was a cacophony of innovation, as OneOdio wrapped up its showcase with a bang. Boasting interactive activities and live DJ sets, the event echoed OneOdio's drive to meld advanced audio technology with the pulsating needs of music pros and everyday listeners. You couldn’t miss the excitement in the air at Booth 217. Tech Unplugged:...
Continue Reading
Honoring Tradition and Service The good ol’ U.S. Postal Service is at it again, giving a tip of the hat to a slice of American military heritage. This time, they’re putting out a new stamp to celebrate the 150th anniversary of the U.S. Coast Guard Academy. And you know where they did the honors? Right there on Custom House Pier in New London, Connecticut, a place that...
Continue Reading
Noteworthy Developments in Small-Cell Lung Cancer Treatment Let's dive into a story straight from the world of small-cell lung cancer (SCLC) that doesn't take any prisoners. The antidote making waves is tambotatug pelitecan, or Tam-Peli for short, showcasing its might in the unrelenting fight against relapsed SCLC. The phase III TAISHAN-302 trial puts Tam-Peli...
Continue Reading
Trouble Brews at D-Wave Quantum Smack in the middle of market chaos, D-Wave Quantum Inc. (NASDAQ: QBTS) seems to have hit a rather gnarly pothole. With disappointing revenue figures for Q2 of 2026—coming in at a measly $3.08 million, far below the expected range of $4.03 million to $4.08 million—investors have more than enough reasons to be irked. When the numbers...
Continue Reading
Preserving Our Natural Chompers Digging into the details of endodontic care, you realize how it's the unsung hero in the dental world. And let's face it, teeth don't get happier on their own when there's a problem on the inside. Dr. Christopher Joubert, a wiz on the endodontic front, spills the beans over at HelloNation about how essential these practices are in keeping...
Continue Reading
Waves, Paws, and Passion Who would've thought that dogs catching waves could also catch hearts and wallets? Well, that's exactly what's happening today at Del Mar Dog Beach with the 21st Annual Surf Dog Surf-A-Thon revving up the excitement. It's a sun-soaked day in Rancho Santa Fe, California, right in the thick of things at the longest-running dog surf competition. For...
Continue Reading
Top 5 Most Recently Viewed Articles
Uber's Position in Autonomous Driving Technology Gary Black, Managing Director of The Future Fund LLC, shares insights on Uber Technologies Inc. (NYSE: UBER) and the evolving landscape of autonomous driving technology. He believes that as automated driving continues to advance, Uber stands to benefit more than any other ride-hailing company in the market. Understanding...
Continue Reading
Gilat Satellite Networks Captures Significant Orders for Connectivity Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a leader in satellite networking technology, has made news by securing more than $18 million in new orders specifically for its in-flight connectivity (IFC) solutions. This impressive achievement underscores the increasing demand for quality...
Continue Reading
A Wine Festival Tradition in Eastern China A captivating wine-themed cultural festival took place in Mengshan Town, Shanggao County, aiming to uplift the local wine industry. This annual event draws visitors from various regions, uniting them in a shared love for fine wines and cultural experiences. The air was filled with excitement as participants engaged in thrilling...
Continue Reading
Understanding Recent Transactions at Danske Bank A/S Danske Bank A/S has been actively engaging in its share buy-back program, as evident from its latest managerial transactions. This initiative allows shareholders greater confidence and highlights the bank's proactive approach in strengthening its share value. Significance of Managerial Transactions Transactions carried...
Continue Reading
Opus Technologies Forms Strategic Alliance for Payment Solutions Opus Technologies has just unveiled a major strategic partnership with a leading company in payment solutions. This collaboration is focused on enhancing payment network compliance solutions for clients who navigate an increasingly regulated landscape. The Power of Synergy This alliance between Opus...
Continue Reading