SK3 Group Inc. (SKTO)

[PRmaniac]

SKTO/AEGY dilution (massive)
and much more to come....

Alternative Energy Partners Inc (OTCBB:AEGY, AEGY message board) and SK3 Group Inc (OTCMKTS:SKTO) have quite a few things in common. Both companies are working in the booming marijuana industry, both often rely on overly optimistic press releases, and both have something of a history with the paid promoters. The similarities don't end there.
The two companies have been pretty exuberant when it comes to share issuance. In a matter of seven months, AEGY issued 2.7 billion shares of common stock as a conversion of $635 thousand worth of debt. SKTO, on the other hand needed three months to turn just $39 thousand worth of notes into 130 million common shares. As we mentioned numerous times, there's still a lot of convertible debt outstanding which suggests that the severe dilution is far from over.