SK3 Group Inc. (SKTO)

[risk on]

"Zero cost revenues", because it was from the " acquisition " of the shell sitting in a file drawer full of 18 shells in Pasadena Ca. This collective shell miraculously claimed millions of dollars in accounts receivable , even though it was just created 3 months prior. Wow.

I would like to know how this shell allegedly signed these deals for millions w zero business being conducted and no product to sell. And if SKTO is going to write off these debts , why aren't they suing the entities that owe them the alleged $ ? Also, did the collective ever even deliver any product to the accounts receivable ? My point being, it can't be a " bad debt " to write off if no product was ever delivered. It's tax fraud , one way or the other. Either it's fraudulent claim of revenue, or they took write offs for bad accounts that were not really accounts since no product was ever delivered. This screams tax fraud, which is even worse than share selling scheme, which is already a known at this point.