SK3 Group Inc. (SKTO)

[risk on]

"They have a 95% gross margin business for which they can't even collect 0.5% of the billings. "

Exactly, and actions speak louder than words. If any other business had all these accounts owed that went bad on them, they would make a reasonable effort to collect them. File suit, get a judgement , assett ck, pierce the corp veil, etc. it's common place in business to business debt collection. That too speaks volumes.

So, lets see these " agreements" where these accounts receivable were generated from. Someone had to sign, someone's name must be attached to them, even if the persons owing the monies were simply co officers. Lets at least see what dispensaries allegedly owe the accounts. Yeah, that's the other reason( one of many) we will never see audited returns filed w the SEC. Because the basic info on these accounts I just pointed out would have to be listed. And since no agreements exist, they would have a hard time producing them. And since no agreements exist, obviously no accounts receivable could ever exist. And since that's the case, a fraud has been perpetrated. The SEC is bad enough to deal with, try the IRS on for size though.