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Guess what - that BOOM might just be a SPLASH.
There are so many holes in the SKTO press releases that no sophisticated investor would come close to this dog.
Dark, Gagged CE company - yeah no red flags.
IG
You believe it because you want it to be true.
You have overlooked all of the real DD to think this company is legit - so you have a vested interest into thinking the Share Structure is real.
The numbers say otherwise.
IG
SCM, how much business can SKTO have done since the new business model was just announced on March 11th? They had exactly 3 weeks of information to compile.
Actually, they could have counted the revenue on their hands.
I am so looking forward to the financials - this will be fun.
No Red Flags Here!!!
IG
No I am still calling for them to be suspended for false and misleading press releases.
Still extremely skeptical - since there is nothing about SKTO that can be verified. I forgot where is the Medical Greens office located LOLOLOL!!!
You do know that SKTO doesn't have a office - answering service for a virtual office. Nothing gives confidence like the good ole virtual office.
I just finished with a pinky that had a office in Dallas and every time you called, "Karen" said they were in a meeting - sound familiar. Oh, by the way, that company was suspended.
I might soon be able to handicap the date for the over/under when SKTO will be suspended.
IG
You have no idea what the true share structure really is - and until the gag is removed from the TA no one knows.
I suspect and from the number of shares traded one day - 123 million - I believe the float is close to 500 million.
But, until the gag is removed we will not know.
If the TA has been gagged you can pretty suspect some malfeasance.
I see these posts all the time about tight float and no dilution - these are posts based on wishful thinking rather than facts.
IG
Sorry didn't see the question.
Pharma, it doesn't have to be money laundering to make it illegal.
If SKTO provides financing to a MMJ company - let's say MedBox - then they are financing a criminal activity.
It isn't a gray area it is 100% illegal - and to put that on their website just isn't very bright.
It was like the 40 acres press release - they are admitting they are going into a criminal enterprise.
The more of this nonsense I read the more I can see the SKTO bunch just isn't very smart. They are more concerned about the pump and haven't thought the PRs through.
IG
If they are working with MMJ companies and list "Private Banking & Merchant Services" and it has been posted a 100 times by investors that they are offering private banking services - actually you have posted it also - then they are saying they are going to provide banking to the collectives etc.
But this is the post I was responding to:
Actually, I did read the nonsense posted and here is what was posted:
This is one of the most absurd notions that has come out of the SKTO press release machine:
Stervc, My thoughts are exactly correct - as I stated the financials are not vetted and they are not "audited" in any way. You are 100% incorrect if you believe they have the manpower to check the accuracy of the financials.
It is pretty funny that you feel reviewing the format somehow verifies the accuracy of the financials:
Actually, that is a good question because you will want to look at the history of how they do their PnDs and see well they did.
If you are really lucky I will post the past companies they pumped.
Remember, Those who don't learn from history are doomed to repeat it.
Don't be a Bag Holder when the pump is over.
IG
We will see but my predictions are that SKTO will never be a SEC filer and the financials will be unaudited or audited by one of the pump and dump accountants.
You can find them in the Pump and Dump Hall of Fame.
I don't think you will find many happy investors with the Jan/Hipple companies. And it is because you never know when the pump is over and you are left a bag holder.
OTC does not vet, review any of the financials filed - companies are on the honor system - so unuaudited financials are very suspect.
You are welcome, I knew the management would be waiting for me to post. ;)
I can't wait to go over the financials.
IG
SKTO needs to issue a press release about the financials. They were sending a PR out every few days and it has gotten very quiet.
Doesn't look good.
IG
SKTO is a non filer with the SEC. They deregistered on Oct 05, 2009.
They have a great deal of work to do before the are SEC compliant.
SKTO will never file with the SEC.
IG
No, they aren't SEC filers so they can file whenever they want - that is why companies go dark.
How can they have a great 1st quarter? SKTO just announced on march 11th that they had changed their business model.
The only way the financials are great is if they are unaudited.
Maybe the pump is over.
Almost one billion shares were traded during the run up.
IG
What you got is an answering service - there is no Miami office it is a virtual office. I am not certain what this proves other than they have a answering service. There is no office in Miami.
If you call 100 times you will get the same response - "he is in a meeting".
It is well established that Medical Greens only exist in the SKTO press releases. How about some evidence that proves to you they exist. Most investors are blindly believing what is in the press releases.
When Medical greens has no footprint, no address, no phone number, not registered in any state as a Corp or LLC, no known employees - that is sufficient evidence to prove they don't exist.
Transparent??? How have they been transparent?
All they have done is issue press releases that can't be verified for accuracy.
Even the Delaware situation has been exposed - Integral posted the most they have paid is ~$1300 not anywhere close to $174k.
And none it has been verified - so far SKTO is nothing more than a press release company.
No one can prove that Medical Greens is a real company - no address - no phone number - not registered in any state as a corp or LLC - no record of them conducting business in California.
Who are the $30 million in contracts with? Who is on the management team of MG?
I am guessing the location like their California office is in a secret location with no phone number.
I have heard this is what many public companies are now doing - they have a secret location and unlisted number.
Will it be like The Fortress of Solitude with secret entries or maybe it will be like the Bat Cave and Mayor will be like Alfred.
I think I have the picture now.
IG
The office is listed as being in Miami.
Is that like they can't put it on the internet if it isn't true - where did you read that - on the internet.
IG
Or they could issue another phony press release - just like the others.
This statement isn't true:
Top Five Groups Who Lobby to Keep Marijuana Illegal:
1. Police Unions
2. Private Prisons Corporations:
3. Alcohol and Beer Companies
4. Pharmaceutical Corporations
5. Prison Guard Unions
IG
I would have but the post by Integral stated they hadn't paid anything but ~$1300.
Who are the healthcare centers?
But, SKTO does not issue PRs with any verifiable information.
Where did you get this information?
Hmmm, you might want to rethink this statement:
TraderLink, I am not certain what if any involvement Allyn or Benz has in SKTO.
The person who contacted Benz and as soon as he mentioned SKTO he hung leaves me to believe that there are some problems.
Plus, the lack of communication from Allyn or Benz.
IG
We will agree to disagree. Certainly time will tell.
There are some issues that that SKTO must address - hopefully sooner rather than later.
IG
I responded to the last post - see below.
IG