Pro: I opposed the merger plan with AEGY, announce

Pro: I opposed the merger plan with AEGY, announced on 04/04/2014, because it would draw unwanted SEC scrutiny to SKTO due to serious questions in re AEGY. I wrote an open letter to J Benz on this board outlining the case with exhibits. http://investorshangout.com/post/view?id=1392752 At the time, you were quite supportive of that effort. Given the IEquity/SK/AVNE debacle resulting in AVNE's suspension, the merger plan of two pot stocks, with the MFTF on the warpath, was like kicking sand in the face of the SEC. My warnings here (those surviving deletion lol) were proven correct. As an alternate path, I had urged several times that merger plan be canceled and SKTO, in low profile, be left alone to its own knitting. Had that outcome obtained, SKTO might still be on the Pinks.

Now, SKTO/AEGY is doing it again via a Canadian scheme. Four days before SKTO annd AEGY resumed trading (Grey Market) (06/20), both the SEC and CSA (Canadian analogue to SEC) warned of pot stock investments (06/16). This tandem warning is unprecedented. Indeed, the CSA had not issued an Investor Bulletin warning on any matter since 2001. The regulators are toughening. I'd be surprised if ticker AEGY were not revoked given they have again thrown sand in the face of the SEC and, now, the CSA to boot.

I think an asset sale is a smoother and safer way to extract value accruing to shareholders from these tickers. I wrote a post on this scenario. It's not too late to implement this.
http://investorshangout.com/post/view?id=1602703