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Re: confuciussay post# 57473

Sunday, 11/23/2014 3:38:32 PM

Sunday, November 23, 2014 3:38:32 PM

Post# of 70041
And that works if Joe can raise the $1.25mm.
Maybe that is why he is converting and dumping in his other plays.

And in the filing joe can Only buy up to 2% of the reported O/S, or some %. It's in there. I forget.

I say more power to Joe. I'll chunk in a few Grand, but $1.25mm? That's risk. This craps out and Joe just bought a shell for $1.25mm plus the other debt just to get SKTO to this point.
I think, joe believes in the story potential and has not set up a funding deal as I have seen in a handful of his others.

And it cost money to go public? It's not free. I'm sure Joe is knee deep holding original debt. At .0002 x .0003, and super low volume, doesn't look like a homerun investment.



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