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The only way SKTO will make you a millionaire is if you start out as a billionaire.
It is funny how this kind of post shows up on every scam.
Your statement was that you need a juicy PR. And I asked what about the Berkeley Bio PR wasn't that juicy enough.
I didn't say you had made a big deal out of it.
I was just wondering what the longs will want next. I am not sure you have much more great news than you have had the last 7 days.
I am certain many investors are troubled by the lack of any positive movement with all the news released.
IG
What about the acquisition of Berkeley Bio - wasn't that juicy enough to get this operation to Da Moooon!!!
Warmachine, these clowns can't get out of their own way.
I haven't seen so many screw ups trying to get a doctored up document posted.
Seems the dream team - might have taken the short bus to school.
I hope you aren't expecting anyone to believe this story LMAO!!!!
Did you post a screenshot of the email?
That's odd because I saw there sell volume at 460,000 and the buy at 67,000.
Looks like a lot more sellers than buyers to me.
IG
That is odd because I contacted the TA on Tuesday and they are still gagged.
Sorry but you don't know the true share structure until the gag is removed.
You are counting on a company that has a shady past and the guy who is calling the shots is suspended by the SEC to post truthful information. It won't happen.
Was that Lift-Off? I must have missed it - because all I see is RED.
Just doesn't seem to be much interest in SKTO and that is with all of the great news last week and this week.
How much more great news is there.
CE removed.
Benz tweeting
Becoming current at OTMC
Q1 filed
Major acquisition
And the last piece for SKTO was a RocketShip - The Attorney letter filed.
Looks like the serious investors have become aware that this is a scam and are staying away. Instead of a KABOOM it was a SPLASH.
It is about time for another PR about a fake acquisition or maybe Pfizer is going to do a buyout.
IG
Last week, federal agents raided one of the last remaining dispensaries in San Diego as well as nine indoor marijuana cultivation sites. The move comes despite efforts by the mayor to stop enforcement actions against local MMJ centers and pass new dispensary-friendly legislation. The feds also filed a lawsuit against the landlord of noted dispensary Berkeley Patients Group, which has been operating for nearly 15 years in the city of Berkeley.
Keep spinning it is all falling apart before it got started - if SKTO was a horse they would put it down.
IG
LMAO!!!! you need to check out some previous DD before you make such a statement or head over to the Fraud board and see what they think of his DD and valuations. Damn, that was funny - worst DD of all time.
They were very creative - MoMo made it interesting.
IG
Dispensary Raids, Warning Letters Stoke Fears of Renewed Crackdown on Cannabis Businesses (May 8, 2013)
Once again, the MMJ industry – particularly in California – is operating in an extreme state of uncertainty.
Raids. Civil forfeiture notices. Warning letters.
The headlines coming out of California and Washington State over the past few weeks conjure up memories of last spring, when the medical marijuana industry was under assault on many fronts amid a widespread crackdown on cannabis businesses. The pressure subsided later in the year and seemed to fizzle out completely as 2012 came to a close.
But several recent developments are stoking fears of a renewed crackdown on the federal, state and local levels in some areas of the country, particularly California and – to a lesser extent – Washington State:
- Last month, the Drug Enforcement Administration raided a handful of dispensaries and sent threatening letters to dozens of others in several California towns, including Santa Ana. As in the past, some dispensaries were targeted while others were left alone – without any explanation why that was the case.
- US Attorney Melinda Haag has stepped up the pressure on the industry after a brief lull, sending out dozens of warning letters in recent weeks to landlords of dispensaries in several cities – including San Jose, San Francisco and San Bernadino. All the dispensaries are located within 1,000 feet of schools or parks. Haag and other US attorneys had substantial success using the same tactic last year to shut down hundreds of dispensaries.
- Last week, federal agents raided one of the last remaining dispensaries in San Diego as well as nine indoor marijuana cultivation sites. The move comes despite efforts by the mayor to stop enforcement actions against local MMJ centers and pass new dispensary-friendly legislation. The feds also filed a lawsuit against the landlord of noted dispensary Berkeley Patients Group, which has been operating for nearly 15 years in the city of Berkeley. The government says the dispensary is operating too close to schools – even though it recently moved locations to ensure it was at least 1,000 feet away from one – and violating federal drug laws, even though the roughly 2,000 other dispensaries across the country are technically doing the same.
From: http://mmjbusinessdaily.com/2013/05/08/dispensary-raids-warning-letters-stoke-fears-of-renewed-crackdown-on-cannabis-businesses/
IG
Fallout From CA Ruling: More Dispensary Bans, Uncertainty…and Pressure for Statewide Regs
The California Supreme Court’s landmark ruling yesterday allowing cities to outlaw cannabis dispensaries leaves the local medical marijuana industry in disarray, ensuring that a confusing patchwork of bans continues to exist across the state.
Medical cannabis professionals in California had hoped the court would prevent cities from enacting dispensary bans. In the end, they didn’t even have a shot: The court ruled in a 7-0 decision this week that local municipalities can indeed bar dispensaries within their boundaries. The case involved a dispensary – Inland Empire Patient’s Health and Wellness Center – that challenged the city of Riverside’s recent ban on MMJ shops.
The court essentially ruled that cities can use nuisance or zoning moves to ban dispensaries, saying such moves do not violate or conflict with the state’s medical marijuana rules.
Still, the ruling will ripple across the state’s medical marijuana in several ways:
#1. More cities will enact bans in the near future. Some municipalities pursuing dispensary bans have been waiting on the sidelines until the court decision. They are expected to move forward quickly in light of the ruling, meaning the state could see dozens of centers close in the coming weeks. Other towns that previously weren’t seriously considering bans might move in the same direction now that they have the clear authority to do so.
#2. It will be difficult to overturn existing bans. Roughly 200 cities in California have banned dispensaries (you can read a list of them here), meaning access to medical cannabis is limited in huge swaths of the state. Advocates in some of these cities have challenged the moves via the courts and other methods – but these efforts might now be futile.
#3. The MMJ climate in California will remain volatile. California doesn’t have any statewide regulations covering dispensaries, which led to the chaotic situation that exists today. The Supreme Court ruling essentially paves the way for more uncertainty and volatility, as it could encourage more cities to ban MMJ centers.
From: http://mmjbusinessdaily.com/2013/05/07/fallout-from-ca-ruling-more-dispensary-bans-uncertainty-and-pressure-for-statewide-regs/
IG
Why Do Investors In Marijuana Stocks Face Enormous Risk?
Because the fundamentals of the primary marijuana stocks being traded are horrible, they have extremely limited histories, and there are numerous skeletons in the closet. All the primarily marijuana-focused stocks being traded right now are traded on the OTC or Pink Sheets, which are considered by some to be the gutter of the stock market. There are no minimum requirements for a stock to be listed on these exchanges. In fact, a company can have no assets, no revenue and no employees, and still be listed here. That's why all the main marijuana stocks trade on the OTC or Pink Sheets: because they're not solid companies by any means.
From: http://seekingalpha.com/article/1339771-marijuana-stocks-are-extremely-dangerous-investments
IG
Integral, you have done a great job of informing many on the SKTO board and I have learned a great deal about Delaware.
There are many investors that appreciate your input - but SKTO is a press release and forum promotion. Those that made you mad were either promoters or Kool-Aid drinkers and they don't know any better.
But remember, this is a Hipple and Jan shell - they don't want a new shell as they have no intentions of operating a real company. The acquisitions aren't real - it is just part of the pump.
IG
So you are approving a paint job to make it look green - no one is fooled by this nonsense.
Investors know it is an act of desperation by longs to make SKTO not finish in the red once again.
This dog still can't hunt.
IG
I thought I saw it posted that after investors had time to read the Q1 - today would be KABOOOOM, Lift-Off To Da Moon.
Did I miss the big rally - looks like the same ole for the last month.
Great news nearly everyday and nothing.
Seems serious investors have decided - they don't want any part of this toxic shell.
I also missed the $60,000 buy today.
IG
Seems like the longs are doing a little paint job at closing - was that Lift-Off?
Sorry guys that nonsense doesn't full anyone.
The desperation is showing.
IG
See you guys at closing.
I think MMJ has become passe - the new kid in town is 3D printing - maybe SKTO will switch business models and become a 3D printing company.
I believe that most investors understand if MMJ is legalized that Big Pharma will come in and dominate.
IG
I thought all of the news for the 7 days was what everyone was waiting for - now you need even more great news to get this moving???
Here we go, everytime I see PnD and the price is going south or stagnant - here comes ole Shorty - maybe it is the NITE minions at work.
Or maybe it is just that most investors have seen the real DD and understand that SKTO is not a real company and don't want any long positions.
I am fairly certain you expected more out of all of the great news the last 7 days.
IG
How much more news do you want than what was done last week and this week?
Adios Longs, I am curious as to what news you are waiting for now.
CE removed, Q1 filed, Attorney letter filed, Benz tweeting, new acquisition, financials posted....
And the investment community yawned and said they have seen enough of the Hipple Pump and Dump.
I don't think APS could breath life into this dog. After all the fantastic news last week and this week - Hipple and Jan are doing everything they can think of to get the pump moving but nothing is working.
It will be interesting to see what the new spinning will be tomorrow as to why the PPS is stagnant and has gone from 0.08 on 03/25 to 0.04 as of today.
IG
They are extremely simple but seemed to have caused many to believe SKTO actually had $5 million in revenue - now that was truly amazing.
It is accounting trickery to put accounts receivables as revenue on the balance sheet to fool neophyte investors that aren't accustomed to reading financial statements.
But, it is not GAAP compliant counting AR as revenue.
There was zero revenue.
IG
LMAO!!!! Spinning and rationalizing where there is no other explanation other than just a simple Hipple PnD.
This is just too funny!
Did you read the financials - if so you would see there is no revenue - it was a bit of accounting trickery to try and fool the investors - who just looked at the balance sheet and saw the $5 million on revenue.
Why is there no cost of goods sold - which would ordinarily be where payroll for employees would be accounted for - because no revenue.
Then when you get to the Cash Flow statement you can see the following - which is how they cover up no revenue.
You will see the following: Accounts Receivable (5,096,700) the parenthesis means negative - which is where they backed out the revenue.
The way SKTO did the accounting is not GAAP compliant. But they did it this way for those unfamiliar with reading the financials and I see it has fooled many investors.
GG, I absolutely 100% agree with you:
How many times have you posted the technorazzi link?
Do you want me to find all of the post with lift-off kaboom to da moon... etc I will be glad to. I will very soon tonight.
But seriously is that all you have??? Is this a diversion away from the tough questions - the answer is yes.
I have asked about why is there only 3 employees?
Why is there payroll for the employees of Medical Greens - why is there no Medical Greens employees?
Why hasn't SKTO paid any taxes - state or federal? I think the IRS needs to be alerted.
What happened to the employees of Medical Greens who secured the contracts.
Who was the previous owner of Medical greens - what happened to him or her?
See you later with the KABOOM update since is weighting so heavily on you. To heck with all of the red flags.
But I will be waiting for the answers.
IG
I called the Miami answering service and when you call they are always in a meeting. Did you still believe they have a real office in Miami? I hope not because it is the Annual report:
First they have dumped already so they have some cash.
AND more importantly they are trying as hard as they can to pump - but the PPS just isn't moving.
They have sent bogus PRs, filed a Q that was supposed to have been a feeding frenzy - trust me they are trying their best to pump but it isn't working.
Somehow the word got out about Hipple and Jan and their past PnDs and after the initial spike investors don't want any part of SKTO because you never know when it will be over.
Everyone is holding with thoughts of a $1+ stock but if the SEC comes in and suspends them - it is to the grey sheets and most everyone has lost their entire investment.
IG
And as I explained in another post here is the answer to your question:
Is this the first PnD you have invested in?
I ask that because of the question you asked:
I believe I have seen it posted 100's of times as soon as..... the CE is removed, the Attorney Letter is filed, the Q1 is filed....
It was going to be Lift-Off, KABOOOOOM, and all of the other nonsense.
But, great news all last week. Then big news on Monday and Tuesday and instead of a Lift-Off we had a SPLASH!!!
SKTO closed at 0.04 on 04/29 and today it closed at 0.04 - that great news didn't do much.
Now what is needed for Lift-Off - Oh, I know Pfizer is going to buy SKTO - I have seen that storyline before.
But, I am interested in what the new storyline will be get this dog moving.
IG
How about telling me how Medical Greens secured the $12.5 million in contracts before they were acquired by SKTO.
Then another $17.5 million in contract a few weeks later without any employees.
Is there not any support personnel?
Amazing how this is being rationalized.
Were the employees fired or not retained - where is the unemployment insurance accounted for in the Q1.
God, I love it - now the dream team and Benz isn't listed as a employee - consisting of Burke, Choo and Mayor - Allyn isn't on the payroll - these clowns are operating without other employees and administering the contracts. WOW just WOW.
I guess if SKTO publishes it - the longs believe it - without questions - regardless of how absurd it is.
IG
Terry, all last was great news, Benz a tweeting, Hipple acquiring, Attorney letter filed. And this week, CE removed, Q1 filed and posted.
And with all of that it is in the Red today.
I think the serious investors read the Q and couldn't buy because they were laughing so hard.
IG
I must have missed where iEquity returned the 60% voting shares to SKTO. Because if they didn't Hipple is still the Puppet Master - calling the shots.
IG
So where is the payroll for the employees of Medical Greens that has secured the $30 million in contracts?
Why is there no payroll taxes to California - no quarterly taxes.
How can there only be 3 employees - did the Medical Green employees volunteer their time to get the contracts?
Amateur hour has done it again - shooting itself in the foot with bogus financials and forgetting to account for employees that got the contracts.
IG
How can SKTO only have 3 employees?
From OTCM: Employees 3 a/o Mar 25, 2013
Let's see there is:
Don't worry all the numbers are make believe so it doesn't matter.
IG