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PLEASE READ SKTO NOT JUST MMJ COMPANY BUT HOLDING COMPANY
I think we are in for a real treat. As scary as the bashers and haters make skto's past look. Maybe they did some things that hurt or worried investors. But check this out. Regardless of the past they have been adding and growing big time the past 13 years. And most notably look at this from the last 3 years alone. Per Annual report April 22, 2011. If these hold to be true when the 2011/2012 filings come out we are going to be looking good. Besides the 42mil in mmj contracts check out these in the last 3 years. Not sure if all these deals were completed or went through. But if so we are looking at millions in purchased companies and millions in revenu besides the Medicals greens 42 MIL contracts
Disclaimer - ALL IN MY OPINION- Info not of my own but of OTCIQ.comSK3 Group Inc ISSUER INFORMATION DISCLOSURE April 22, 2011
https://www.otciq.com/otciq/ajax/showFinancia...f?id=48263
Note 3 Subsidiary Transactions and Subsequent Events. (S ubsidiary's of SK3/SKTO)
In January 2011, the Board agreed to issue 100,000,000 shares of common stock to
Healthcare of Today, Inc., which will represent 20.4 percent of the resulting common stock
outstanding when issued as well as 5,000,000 preferred shares. The shares will be issued in
April 2011..
In March, 2010, the Board issued 60,000,000 shares of common stock to Healthcare of
Today, Inc. for an acquisition
9. Any past, pending or anticipated stock split, stock dividend,
recapitalization, merger, acquisition, spin-off, or reorganization;
May 30, 2007 - 100 to 1 reverse stock split;
March 7, 2008 - 50 to 1 reverse stock split, and
1.)In February 2011, the Company acquired all of the outstanding shares of PRN Staffing Services,
Inc. (“PRN”), in exchange for 100,000,000 common shares and 5,000,000 voting preferred
shares having a vote at all times equal to 51% of the total vote of all shares entitled to vote, and
PRN is now a wholly-owned subsidiary. The shares required to be issued in the transaction have
not yet been issued and will be issued in April, 2011. PRN’s purchase price of $4,000,000 was
determined by reference to the fair value of shares trading on the open market.
2.)In March 2011, the Company also acquired all of the outstanding shares of W&M Medical
Management, Inc. (“W&M”), in exchange for a convertible promissory note with an original
principal amount of $4,300,000., and W&M became a wholly-owned subsidiary of the
Company. The promissory note is payable within twelve (12) month of Closing and is
convertible into that number of shares of SK3 common stock that equals $4,300,000 divided by
90 percent of the average share price of SK3 common stock at the close of trading .
3.)In March, 2011, the Company acquired all of the outstanding shares of Healthstaff Training
Institute, Inc.. (“Healthstaff”), in exchange for a convertible promissory note with an original
principal amount of $630,000., and Healthstaff became a wholly-owned subsidiary of the
Company. The promissory note is payable within twelve (12) month of Closing and is
convertible into that number of shares of SK3 common stock that equals $630,000 divided by 90
percent of the average share price of SK3 common stock at the close of trading.
4.)In April, 2011, the Company agreed to acquire all of the outstanding shares of Angel’s Holding
Corp. (“Angel’s), in exchange for a convertible promissory note with an original principal
amount of $1,100,500, and Angel’s will became a wholly-owned subsidiary of the Company.
The promissory note will be payable within twelve (12) month of Closing and will be convertible
