New Convertible debenture money guy showing up all over town suddenly...Lin-Han Equity Corporation....using this corporation...Healthcare of Today, Inc
SKTO: History- SK3 Group Inc (formerly CTT International Distributors) (3) is a holding company specializing in the medical and health-related services industries. As of 12-10-2009, Healthcare of Today Inc. (henceforth referred to as "HOTI") has gained a controlling interest in the company (4). SK3 Group will be re-named to "Healthcare of Today Services", along with a new stock ticker and CUSIP number, at a yet undefined date. Prior to this date, SK3 Group had acquired various companies within the medical and health-related services industries.
OCTI 8K: Deal also involves AEGY, On February 15, 2011, Registrant also signed an Investment Agreement with Lin-Han Equity Corporation, a privately held California corporation, under which Lin-Han will acquire 50 million common shares and 40,000 shares of Series D Convertible Preferred Stock of Registrant in exchange for a total of 35,000 shares of common stock of Healthcare of Today, Inc., a California corporation, valued in the Investment Agreement at $630,000. The Series D Preferred Stock carries voting rights equal to 51 percent of the outstanding vote, and is convertible into common shares at the election of the holder equal to 51 percent of the resulting common shares of Registrant then outstanding.
Also as part of the Investment Agreement, the existing operating business of Registrant will be distributed to a new wholly-owned subsidiary of Registrant, where it will continue operations. The existing management of Registrant will resign from their positions as officers and directors of Registrant and will assume management positions in the new operating subsidiary.. Furthermore, Lin-Han shall provide the wholly-owned subsidiary new working capital of an agreed amount of up to Two Hundred Fifty Thousand Dollars ($250,000). An additional investment with the amount and terms to be agreed upon prior to Closing will be provided to the subsidiary for expansion and development of the current business which shall be funded by Lin-Han from a source or sources arranged by it within 60 days after Closing. Conversion of any Preferred Shares to be issued at Closing hereunder to Common Stock will be contingent upon the consummation of these financings.
