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SK3 Group (OTC Pink: SKTO) and PharmaJanes.com (OTCQB: AEGY) Sign Definitive Agreement to Merge
There it is boys and girls!
Cup and Handle formation on the chart. :)
Link: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont
SKTO: http://scharts.co/PsnWex
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Haha! That made me laugh! :) $ SKTO $
http://scharts.co/PrIa8a
This stock wants to break out.
http://stockcharts.com/h-sc/ui?s=skto Daily looking good. :)
Big spread today, this one is running. 0284x0287 :D
0278 x 0284! Ask is thin.
http://scharts.co/1mIfPW6 Looking great today! Buyer coming in
O.O Wow!
Here is the PR, Cant wait to see who the new board is. I see
a lot of emotional sellers kicking themselves when this baby hits!
This stock is going to catch many off guard. :)
PharmaJanes.com and SK3 Group Announce Agreement to Merge
LOS ANGELES, CA, Mar 04, 2014 (Marketwired via COMTEX) -- Alternative Energy Partners, Inc. (otcqb:AEGY), doing business as PharmaJanes(TM), and SK3 Group (otc pink:SKTO), doing business as Medical Greens(TM), announce that their respective Boards of Directors have agreed in principle to merge the two companies for better market efficiencies and to create a single medical marijuana market support company which can qualify for a higher (AMEX, NASDAQ) market listing. "This merger will allow us to recognize scale economies and to coordinate our operations much better," said SKTO President Artemus Mayor. According to AEGY President Mario Barrera: "This merger should also clear up other issues including the pending dividend, name change, and CUSIP change."
Final terms of the merger are still being worked out and a merger agreement is expected to be signed within the next 30 days, but the basic terms of the agreed merger call for SKTO and AEGY to merge into a newly formed holding company which will integrate the separate operations of both companies. Shareholders of each constituent party to the merger will receive shares of the new holding company, which will succeed to the SEC reporting obligation of AEGY and which will apply for a new trading symbol, a new CUSIP number, and continued electronic trading status with the Depository Trust Company. The final exchange rate for the common shares of AEGY and SKTO will be based on the volume weighted average market value of each company on the record date, which has not yet been determined.
The previously announced dividend of the 30 million shares of AEGY held by SKTO will be accounted for in the merger by treating those shares as held proportionately by the SKTO shareholders as of the record date. Closing of the proposed merger will require the new holding company to register the shares to be issued in the merger to the shareholders of both AEGY and SKTO, and SKTO has retained an independent accounting firm to conduct an audit of its books as the first required step in the registration process. The audit is expected to take approximately thirty days from start to finish, after which the registration statement will be filed for review by the SEC.
The merger agreement also is expected to be completed and signed in the next thirty days at which time more details of the terms and the timing of the merger can be disclosed. As a result of the merger, the Boards of Directors of the two companies will be restructured and combined into a new Board of Directors in the surviving holding company.
"I am thrilled we are consolidating operations for both of these companies under one roof, and I am looking forward to working closely with the SKTO team," said AEGY Chief Technology Officer Frank Gomez. According to SKTO's Dave Hoye: "This could not be a better arrangement for what we have been doing at Berkeley Bio. This will allow us to more effectively deliver our cutting edge products to our patient customers."
Today was the bottom from looking at the chart. A nice churning with high volume. Look back from the chart the last time this saw hammer reversal. Today had buy written all over it.
http://scharts.co/Pof9dp
Check out the RSI and that sweet looking STO at the bottom of the chart. CMF has turned up also. Just sayin!
Looks like Emotional traders got out today. Chart
looks Great! http://scharts.co/1mELE1W
This is not a stock to be sitting on the sidelines.News could
hit at any moment.Extremely oversold.Huge upside on merger.
http://scharts.co/1mELE1W This stock has launch written all over it! Wayyyyyyyyy oversold! Im buying. $SKTO$
Shake before Merger news soon! What a great day to be buying!
Wow!! Buy! Buy! Buy! Hahaha! What a deal!!
News Just out:
Watch Yesterday's "Getting Doug With High" With Former SNL Regular Horatio Sanz on YouTube's Video Podcast Network Featuring SK3 Group (OTC Pink: SKTO) and PharmaJanes.com (OTCQB: AEGY)
MARKET WIRE 11:19 AM ET 4/3/2014
Symbol Last Price Change
SKTO 0.0285down -0.0011 (-3.72%)
QUOTES AS OF 11:21:51 AM ET 04/03/2014
LOS ANGELES, CA -- (Marketwired) -- 04/03/14 -- Yesterday's live broadcast of cutting edge and industry leading YouTube based talk show "Getting Doug with High" featured the products and services of title sponsors SK3 Group(SKTO) and Pharmajanes.com .
Watch Doug Benson and comedian Horatio Sanz (Saturday Night Live 1998-2006 and featured comedic actor and High Times Magazine's "Stoner of the Year 2003) as they talk about delivery by PharmaJanes.com and use their Monarch Vapes vaporizers with oil here:
http://scharts.co/Pnaad1 Wayyyyyyyyy oversold! Chart is
a screaming buy. Merger news will launch this to Mars.
This stock is just the way I like it when im loading the truck!
Thanks for all those 0.028's !!!
Looking Bloody here, Im Loading big!! Haha! Love these cheapies.
I do actual research.
TTDZ does not develop medications. It resells products anyone can buy practically anywhere.
Monday is going to be insane. Love it!!!
Must read. News on or before Wed. Don't be left behind for this.
Management anticipates name change processing time to take approximately 15 days and expects the Company to receive the new ticker trading symbol associated with the name change at the same time.
Executives and Officers who will work with the Company for the development of business operations within the medical cannabis and botanical industry are expected to assume positions on or before April 1, 2014; with public announcements to advise of Executives and Officers of the Team anticipated on, or before, April 2, 2014
Exactly, Like others are saying, the news has just started. A lot more to come.
Did you Read this:
Executives and Officers who will work with the Company for the development of business operations within the medical cannabis and botanical industry are expected to assume positions on or before April 1, 2014; with public announcements to advise of Executives and Officers of the Team anticipated on, or before, April 2, 2014.
Any guesses? ;~)
Executives and Officers of the Team anticipated on, or before, April 2, 2014.
Silvertown here we come!
A QUICK Re-Cap of PR:
Name change in effect within 15 days.
Green Cures and Botanical Distribution, Inc
Cancellation of approximately 300 million common shares
The assets to be acquired include AllBotanical.com, AllCannabis.com, FutureMarijuana.com, CBDoil.us, and CBDcolorado.com
Green Cures management and Triton are informing the investment community that it does not plan to conduct a reverse stock split as part of the Company's restructuring
Green Cures Inc. has recently submitted trademark applications for the trademark CBD Centers
Additionally, Triton's management anticipates that the website Allbotanical.com will initially feature a total of 10 products, ready-to-ship, from the Green Magic line, along with additional products from other distributors. The Company intends to offer Green Magic Products to the public with an active Liability, and Packagers Protection Policy; therefore, the launching of Allbotanical.com is rescheduled for an expected date of April 14, 2014.
The Company is also providing an update on the previously announced distribution of the shares of common stock of another publicly traded company, Privileged World Travel Club, Inc., to Stockholders of the Company.
Finally, in closing, the Company would like to inform the Company?s Stockholders that all Executives and Officers who will work with the Company for the development of business operations within the medical cannabis and botanical industry are expected to assume positions on or before April 1, 2014; with public announcements to advise of Executives and Officers of the Team anticipated on, or before, April 2, 2014.
O.O Bet the sellers this A.M are kicking themselves!
Silver coming! Yes!!!!!!!!!!
A lot of Emotional traders here that are going to miss the
real money. TTDZ Loading!! :)
Great post, I agree! Thanks
http://scharts.co/1cGuDPd Run just starting. You haven't seen anything yet. Silver coming here.
Lol! Yeah watching that too.. Little sellers giving away their precious shares to the ones who know what coming. Green Cures! TTDS
Buys stacking huge again
Small time flippers. Narrow minds, its going up!
OHHHH,EMMMM,GEEEEE!!