SK3 Group Inc. (SKTO)

[Shavasana]

Subsequent to December 31, 2013, IEquity Corp has transferred all the licensing rights of Dharmanol, Yak Capsules, Yeti Honeybud Oilers, Organakoil, Red Diamond Oil, and other products, trademarks, formulations, and trade secrets that are licensed to SK3 Group's wholesale managed collectives, to Medical Greens. The transfer includes all of the intellectual property resulting from research conducted by Berkeley Bio Organic Research Laboratory including current and continuing research includes research into mixed phyto-cannabinoid carboxylates, decarboxylation processes, and cannabidiol (CBD) extraction methods.

There is, and has been, lack of clarification as to who owns the license and intellectual property of Dharmanol. In the above paragraph, and in prior statements, they do not state that they own the license and intellectual property of Dharmanol. In the above paragraph they state that they have licensing rights of Dharmanol. This is consistent with prior statements that they have rights to use the license. Licensee. In the above paragraph when they say the transfer includes all of the intellectual property....they do not specifically discuss Dharmanol. This is consistent with prior statement about them getting IP going forward in the future. As it stands right now it appears that AVNE still holds the IP of Dharmanol. AV