SK3 Group Inc. (SKTO)

[stervc]

New Example of SKTO/Medical Greens “Spin-off” IPO…

I spoke to FINRA yesterday and got confirmation that what I was trying to explain is very doable as for what SKTO (the Parent) could be doing as a ”Spin-off IPO” of Medical Greens (the Subsidiary) to us SKTO shareholders. Some of the semantics were a little off with my thoughts, but the concept of a possible "Spin-off IPO" still stands.

FINRA told me that if this is what they are going to do, then the opening price of the subsidiary that’s being spun out will not be determined by the SEC as I had originally thought. FINRA told me that the subsidiary (Medical Greens) would have to offer/execute a private share purchase transaction at a set price based on how much they believe that the subsidiary (Medical Greens) is valued to be worth through. This price is what would be where the price of the subsidiary (Medical Greens) would open up at.

Key Current Example: VDSC release news yesterday pretty close to what I was referring that ”could” be an option for what is happening here with SKTO. Their ratio is decent, but what SKTO is doing is still yet far better. VDSC (the Parent) is awarding their shareholders 1 share of their IPO Subsidiary (IMAG Group, Inc.) that they are spinning out for every 164 shares of VDSC that’s bought. The Parent (VDSC) and their Subsidiary (IMAG Group, Inc.) will exist as two separate trading entities. The SKTO deal is far better of which I will explain why.

Instead, Medical Greens is awarding 3 shares for every 1 share of SKTO that is bought. That’s 492 times better (164 x 3) than what VDSC is offering. To add, SKTO looks to be doing everything like VDSC up to the last step of the Parent and Subsidiary going their separate ways to trade as separate entities. Instead, SKTO (the Parent) is going to be instilled/merged into Medical Greens (the Subsidiary) after the fact as ”one single trading entity” and not left behind as two separate trading entities. Please, I am not bashing VDSC because what they are doing is good, but what SKTO ”might” be doing is better. In my opinion, this is going to be absolutely huge for us SKTO shareholders. Read the PR below by VDSC to understand the concept a little better of what I was trying to explain:

http://ih.advfn.com/p.php?pid=nmona&article=58242830
PV Enterprises International, Inc. (OTC Pink: VDSC) Announces the Spinoff of its subsidiary IMAG Group, Inc. formerly known a...

FORT LAUDERDALE, Fla., July 1, 2013 /PRNewswire/ -- Alas International Holdings, Inc. aka PV Enterprises International, Inc. (OTC Pink: VDSC) Announces the Spinoff of its subsidiary IMAG Group, Inc. formerly known as Red Tide Defense Group and the Filing with FINRA.

PV ENTERPRISES INTERNATIONAL, INC. (OTC Pink: VDSC)

Alas International Holdings, Inc. is pleased to announce the spinoff of its subsidiary IMAG Group, Inc. formerly Red Tide Defense Group, Inc. The company has filed the Spinoff with FINRA today and expects to have it completed within the next two to three weeks.

Red Tide Defense Group, Inc. has already changed their name to IMAG Group, Inc. via the filing number P09000057467 with the State of Florida and amendments to the articles of Red Tide Defense Group. IMAG Group, Inc. will become an independent publicly traded company with its own ticker symbol on the OTC market and a set IPO value of $ 1.00 per share.

The board has fixed the close of business on Friday July 12, 2013 as the record date for determining the stockholders eligibility to receive dividends. The board of directors will determine the date of issuance at a later date.

Peter Villiotis, Alas International Holdings CEO stated, "The Company is now putting into motion our previously stated plans such as the establishment of the cruise and ferry operations worldwide. We are now becoming a revenue producing company that will enable us to fulfill all of our objectives and bring value to our company and shareholders."

v/r
Sterling