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You call that a successful PR?!? That is incompetency at it's finest, LMAO! Excitement about, we will say PR, I guess, is extremely dumbfounding, as they are basically saying they have zero communication skills and have clarified nothing. Very vague word choices and no mention of Dharmanol or YAK/YETI. Maybe you could feel in investors for why they should be excited about this?
SMDH. Such excuses for incompetency. Is this really how it has to be defended, LMAO!?
What is funny is that they do not specifically address the products AVNE has the license to, LMAO!
SK3 Group (OTC Pink: SKTO) Announces Clarification Regarding Press Release From Aventura Equities Dated February 26, 2014
LOS ANGELES, CA--(Marketwired - Feb 27, 2014) - SK3 Group (OTC Pink: SKTO) wishes to clarify certain statements made by Aventura Equities, Inc. ("Aventura") in its press release dated February 26, 2014 ("the Aventura Equities Release").
We have the utmost respect for our business partners at Aventura Equities. However, the Aventura Equities Release was made by the management of Aventura Equities without any prior notice, involvement, or approval of SKTO's management, which could have made the release more clear had it been obtained in advance.
Aventura has not acquired Berkeley Bio-Organic Research Laboratory ("Berkeley Bio"). Berkeley Bio remains a wholly-owned subsidiary of SKTO. In addition, although the transaction referenced resulted in Aventura receiving the rights to the intellectual property in the proprietary technology, processes, formulations, and marks of Berkeley Bio that have already been developed, SKTO remains, and will remain, the exclusive licensee of such intellectual property. The announced agreement/transfer does not permit Aventura to license others to use this intellectual property. In addition, the agreement announced by Aventura Equities does not cover future intellectual property developed by Berkeley Bio which will inure to the benefit of SKTO unless otherwise agreed. We have become aware of incorrect speculation that somehow this announcement impinges upon the rights of SKTO to its use of the Berkeley Bio technology, and that is simply incorrect.
"We continue to be a part of the SKTO family, and remain pleased that we are," said Berkeley Bio-Organic Research Laboratory Director David Hoye. "We remain a subsidiary company of SKTO and SKTO continues to be the sole and exclusive licensee of the proprietary technology, processes, and formulations developed by Berkeley Bio, and we look forward to remaining so for the long term. I would not be involved if it were otherwise."
Nowhere in here does it specifically state what they have exclusively, other than BBIO. Me thinks something is fishy here, and I am betting on another PR by AVNE to help clear things up!!
No, you are not understanding what he is saying. He never stated it was real, just time to pump another fresh ticker. SKTO has ran its course, and now time to pump another ticker that will continue to push money in the pockets of Hipple/Jan.
I am afraid you are misunderstanding the FY. They are not in FY13 anymore. That time has come and gone. It was a failed PR, as there was no name change in the FY the announcement was made. Another broken promise by this management team.
How not, they are intertwined business wise, are they not? If SKTO or AEGY Fails, they go down together.
What collectives, LMAO!? Seriously, please post a collective without the foothill dr address in Pasadena for credibility purposes!
It was PR'ed today, not out of date. You may want to look at AVNE to review.
The whole basis of them selling MMJ was through the products that were going to be supposedly delivered by SKTO. Now that it has gone out the door, what is left to sell but Monarch Vapes?
For those who have missed it, for your review:
Please read, as this directly affects AEGY and their product selling. Looks like there is a major issue with licensing, as they now or have belonged to AVNE the whole time. This is going to be disastrous for AEGY and their shareholders. PLEASE STICKY.
DD From I-Glow:
No that isn't correct - if you read the press release it states the following:
Quote:
--------------------------------------------------------------------------------
Aventura Laboratories, Inc. holds cannabis-related intellectual property and licensing rights to a number of products currently sold by third parties in the California medical marijuana market. The licenses that Aventura Laboratories currently holds include; Dharmanol, Yak Capsules, Yeti Honeybud Oilers, Organakoil, Red Diamond Oil, and other products, trademarks, formulations, and trade secrets that are licensed to SK3 Group's (OTCPink: SKTO) wholesale managed collectives.
In addition, Adventura Laboratories holds the intellectual property resulting from research conducted by Berkeley Bio Organic Research Laboratory. Current and continuing research includes research into mixed phyto-cannabinoid carboxylates, decarboxylation processes, and cannabidiol (CBD) extraction methods.
--------------------------------------------------------------------------------
here is a huge problem - in a SKTO press release it stated that SKTO/Medical Greens had the exclusive license to Dharmanol...
But the AVNE press release states that, "The licenses that Aventura Laboratories currently holds include; Dharmanol, Yak Capsules..."
So when did Aventura Laboratories obtain the license for these products.
And remember that Aventura Laboratories is nothing but a domain registered by iEquity:
Quote:
--------------------------------------------------------------------------------
Domain Name: AVENTURALABORATORIES.COM
Creation Date: 2013-12-01
Registrant Name: Henry Jan
Registrant Organization: I Equity Corp
Registrant Street: 3579 E Foothill Blvd
Registrant City: Pasadena
Registrant State/Province: CA
Registrant Postal Code: 91107
--------------------------------------------------------------------------------
It is all part of the Hipple share selling scheme and this time the SKTO shareholders got screwed.
IG
They have been silent since the conference call November 5th. I think that was a bad sign. Now we have a PR that comes out that states SKTO basically owns nothing, and they don't have anything to say? This is not good at all.
Now why in the world would AVNE do that, LOL? They have absolutely nothing SKTO has, because apparently they own the licenses to everything SKTO claimed they own. No mergers will be happening here.
Ok..........Way overpriced for the PR that just destroyed SKTO and crippled AEGY severely.
LOL! Huge market there!
There it is, right there in their filing!!!!
Management and the Board of Directors
The Company’s management team consists of proven business executives and professionals:
Chairman–Richard Armstrong
President and Chief Executive Officer-Richard Armstrong
Chief Technical Officer–Timothy Tompkins
Member of the Board of Directors–Richard Armstrong
Member of the Board of Directors– Timothy Tompkins
A. Legal/ Disciplinary History None
B. Beneficial Control Shareholders: (As of February 24, 2014)
Name: Richard Armstrong
Common Stock 8,860,000 14.39%
Preferred Stock 3,400,000 65.38%
Address: 225 Industrial Drive, Georgetown SC24990
Name: Tim Tompkins
Common Stock 7,840,000 12.73%
Preferred Stock 1,800,000 34.62%
Address: 225 Industrial Drive, Georgetown SC24990
Name: Iequity, Corp
Common Stock 10,000,000 16.27%
Preferred Stock -0- 00.00%
Address: 3579 E Foothill Blvd #228
Pasadena, CA
Please read, as this directly affects AEGY and their product selling. Looks like there is a major issue with licensing, as they now or have belonged to AVNE the whole time. This is going to be disastrous for AEGY and their shareholders. PLEASE STICKY.
DD From I-Glow:
No that isn't correct - if you read the press release it states the following:
Quote:
--------------------------------------------------------------------------------
Aventura Laboratories, Inc. holds cannabis-related intellectual property and licensing rights to a number of products currently sold by third parties in the California medical marijuana market. The licenses that Aventura Laboratories currently holds include; Dharmanol, Yak Capsules, Yeti Honeybud Oilers, Organakoil, Red Diamond Oil, and other products, trademarks, formulations, and trade secrets that are licensed to SK3 Group's (OTCPink: SKTO) wholesale managed collectives.
In addition, Adventura Laboratories holds the intellectual property resulting from research conducted by Berkeley Bio Organic Research Laboratory. Current and continuing research includes research into mixed phyto-cannabinoid carboxylates, decarboxylation processes, and cannabidiol (CBD) extraction methods.
--------------------------------------------------------------------------------
here is a huge problem - in a SKTO press release it stated that SKTO/Medical Greens had the exclusive license to Dharmanol...
But the AVNE press release states that, "The licenses that Aventura Laboratories currently holds include; Dharmanol, Yak Capsules..."
So when did Aventura Laboratories obtain the license for these products.
And remember that Aventura Laboratories is nothing but a domain registered by iEquity:
Quote:
--------------------------------------------------------------------------------
Domain Name: AVENTURALABORATORIES.COM
Creation Date: 2013-12-01
Registrant Name: Henry Jan
Registrant Organization: I Equity Corp
Registrant Street: 3579 E Foothill Blvd
Registrant City: Pasadena
Registrant State/Province: CA
Registrant Postal Code: 91107
--------------------------------------------------------------------------------
It is all part of the Hipple share selling scheme and this time the SKTO shareholders got screwed.
IG
PLEASE STICKY THIS POST! INCREDIBLE DD FIND FOR ALL TO SEE!
I guess they prefered business with Darrell Peterson than Mr. benz and ole Allen, LMAO!!!
LMAO!!!! You have hit the nail on the head! Eventually, it was going to come out. Who knew it would be today!
They just lost all licensing they were banking all of their sales on. Not only does this cripple SKTO, it deals a massive blow to AEGY.
Of course they can't, I-Glow. This was a death blow to the company. This is a company killer of a PR, and no response to it. This is absolutely insane! SKTO got completely cut off from everything, and some still say TO DA MOON!I don't get it! To be honest, it could be an escape route for Benz and Allyn to back out of the scam, with the SKTO shell falling off slowly, and AVNE picking it up. Thoughts?
The dispensaries are the distributors, not AEGY/PharmaJanes.
Since I am wary of the product being real, I will go into hypothetical world. If these were your products, would you let a competitor sell your own licensed products?
About Aventura Laboratories, Inc.
Aventura Laboratories, Inc. holds cannabis-related intellectual property and licensing rights to a number of products currently sold by third parties in the California medical marijuana market. The licenses that Aventura Laboratories currently holds include; Dharmanol, Yak Capsules, Yeti Honeybud Oilers, Organakoil, Red Diamond Oil, and other products, trademarks, formulations, and trade secrets that are licensed to SK3 Group's (OTCPink: SKTO) wholesale managed collectives.
In addition, Adventura Laboratories holds the intellectual property resulting from research conducted by Berkeley Bio Organic Research Laboratory. Current and continuing research includes research into mixed phyto-cannabinoid carboxylates, decarboxylation processes, and cannabidiol (CBD) extraction methods. About iEquity Corp.
iEquity, Corp creates, acquires and develops companies
OMG, what is going to happen, LOL!? They lost everything!! No wonder Jan tried to put that PR out there on the website. Why not release it on MarketWired as usual? You know why, because AVNE did, and apparently are under those guys!!!!! What a turn of events!
Billions? Um....I do not think so. Sorry. It is abandon ship time in SKTO land.
That is exactly what the PR stated:
About Aventura Laboratories, Inc.
Aventura Laboratories, Inc. holds cannabis-related intellectual property and licensing rights to a number of products currently sold by third parties in the California medical marijuana market. The licenses that Aventura Laboratories currently holds include; Dharmanol, Yak Capsules, Yeti Honeybud Oilers, Organakoil, Red Diamond Oil, and other products, trademarks, formulations, and trade secrets that are licensed to SK3 Group's (OTCPink: SKTO) wholesale managed collectives.
In addition, Adventura Laboratories holds the intellectual property resulting from research conducted by Berkeley Bio Organic Research Laboratory. Current and continuing research includes research into mixed phyto-cannabinoid carboxylates, decarboxylation processes, and cannabidiol (CBD) extraction methods.
About iEquity Corp.
iEquity, Corp creates, acquires and develops companies
I posted the filings this morning. They show the convertible notes ready to be dumped starting March. Since we are only days away from the first batch of convertibles, things will get much worse before they get better. IMO.
I love it when people can "predict" the future, LOL!
OMG! Incredible find, LMAO! This is absolutely priceless!
http://www.smallcapvoice.com/skto/info.html
You are kidding right?
Which is "supposedly" where their MMJ products are being sold from. All incestuous connections here, but everyone is being oblivious to it. We really believe they made their own COLLECTIVES who are nowhere to be found? Private collectives operated out of the same space as I-Equity? 7-10 collective with the same address? This is absolutely astonishing!
It does appear SKTO is getting the raw end of the deal though:
About Aventura Laboratories, Inc.
Aventura Laboratories, Inc. holds cannabis-related intellectual property and licensing rights to a number of products currently sold by third parties in the California medical marijuana market. The licenses that Aventura Laboratories currently holds include; Dharmanol, Yak Capsules, Yeti Honeybud Oilers, Organakoil, Red Diamond Oil, and other products, trademarks, formulations, and trade secrets that are licensed to SK3 Group's (OTCPink: SKTO) wholesale managed collectives.
In addition, Adventura Laboratories holds the intellectual property resulting from research conducted by Berkeley Bio Organic Research Laboratory. Current and continuing research includes research into mixed phyto-cannabinoid carboxylates, decarboxylation processes, and cannabidiol (CBD) extraction methods. About iEquity Corp.
iEquity, Corp creates, acquires and develops companies
They do not have controlling interest in AVNE as of this PR:
February 26, 2014, Georgetown, S.C.- Aventura Equities, Inc.’s (OTCPink: AVNE) board of directors have signed a definitive agreement to acquire all of the outstanding stock of Aventura Laboratories, Inc. from iEquity, Corp. as part of a share exchange agreement.
“As previously stated, the board of directors announced an aggressive direction that the Company was going to take concerning business opportunities, joint ventures or acquisitions,” stated Mr. Richard Armstrong, Chief Executive Officer and director of the Company. “We believe that our loyal shareholders will now have an opportunity to participate in an industry sector that will reward their patience,” Mr. Armstrong added.
The definitive agreement calls for some “closing documents” to be delivered by both parties which the Company expects to be complete over the next 30 days.
About Aventura
Farmer Jane's Collective, Inc filed as a Articles of Incorporation in the State of California on Friday, June 28, 2013 and is approximately one year old, as recorded in documents filed with California Secretary of State. The filing is currently active as of the last data refresh which occured on Sunday, February 23, 2014.
Filing Type:
Articles of Incorporation
Status:
Active
State:
California
State ID:
03584624
Date Filed:
Friday, June 28, 2013
Registered Agent
Olivia Naveda
Entity Name: MEDICAL GREENS, INC
Entity Number: C3554851
Date Filed: 04/18/2013
Status: ACTIVE
Jurisdiction: CALIFORNIA
Entity Address: 3579 E FOOTHILL BLVD #228
Entity City, State, Zip: PASADENA CA 91104
Agent for Service of Process: ARTEMUS MAYOR
Agent Address: 3579 E FOOTHILL BLVD #228
Agent City, State, Zip: PASADENA CA 91104
Just saying...... Very interesting
Domain Name: PHARMAJANES.COM
Registry Domain ID:
Registrar WHOIS Server: whois.netearthone.com
Registrar URL:
Updated Date: 08-Feb-2014
Creation Date: 11-Mar-2013
Registrar Registration Expiration Date: 11-Mar-2015
Registrar: NetEarth One, Inc.
Registrar IANA ID: 1005
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone:
Domain Status: clientTransferProhibited
Registry Registrant ID: DI_33237521
Registrant Name: Henry Jan
Registrant Organization: I Equity Corp
Registrant Street: 3579 E Foothill Blvd
Registrant City: Pasadena
Registrant State/Province: California
Registrant Postal Code: 91107
Registrant Country: US
Registrant Phone: +1.18582542243
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: henry@iequitycorp.com
Registry Admin ID: DI_33237521
Admin Name: Henry Jan
Admin Organization: I Equity Corp
Admin Street: 3579 E Foothill Blvd
Admin City: Pasadena
Admin State/Province: California
Admin Postal Code: 91107
Admin Country: US
Admin Phone: +1.18582542243
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: henry@iequitycorp.com
Registry Tech ID: DI_33237521
Tech Name: Henry Jan
Tech Organization: I Equity Corp
Tech Street: 3579 E Foothill Blvd
Tech City: Pasadena
Tech State/Province: California
Tech Postal Code: 91107
Tech Country: US
Tech Phone: +1.18582542243
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email: henry@iequitycorp.com
Somebody might want to tell Henry Jan that AEGY is not in California or why he has a registered domain in CA, in which would mean they need to register with the CA SOS.
It does not state that in there. Always trying to find a loophole or excuse to how they are doing illegal operations. It shows in the filings they have no money whatsoever, how are they funding any operations being done in the first place?
So a correction PR should be under way for I-Equity's blatantly false PR about taking control of AVN@, correct?
And how are they paid?
I would love to buy this stock again, but I would like to see those concerns addressed. At times, I have been too abrasive, I admit, but so many items on the agenda could be done to help bolster market confidence. The question I always ask myself before I want to buy in, is why are these seemingly simple items not being addressed? It takes no time at all to amend the document with hipples address. It has been on there 3 filings in a row. It takes 10-20 days from start to finish of the name change, from looking at previous filings of this company before as well as some others. Now, I am understanding a little more on E-Commerce, but they must have a license to operate in the MMJ community. Do they have a presence in California? If they do, why are they not registered with the California SOS? Why not operate out of a much more relaxed state such as Colorado? Is it because SKTO is in California? So many things set off the radar before I can find myself pushing that buy button. I love the concept and idea, but I do not like the way it is being handled, if some way I cannot understand, is real. I need to see a lot more proof in the filings, not pr's, to believe what they to be true. You know?
Hey, no ill will, just showing what is being shown in the filings. They have a lot of red flags, which could be cleared up, but why not do it?
And dispose of the $30,000 they paid for the trademark for Simple Prepay? Seems like a waste of $30,000 to me.