SK3 Group Inc. (SKTO)

[LoanStew]

I-Glow,
I had a theory on the "addition" today to the BOD. There has to be something in it for Hoye. Let's face it. SKTO has been riding their pump on the coattails of BBIO. I get the feeling Hoye realized his payoff should be far better for his "efforts." Maybe he told Jan/Hipple that he wanted his fair share. Nothing more evil than a pothead scorned?

That being said, the marks were taken for quite a beating today...this was a classic "promo-pump" job. They were probably leaking that today's PR would come out, after having loaded at the lows the last two days. They probably had their sell orders lined up in the .03s and high .02s, knowing that they had their marks to load the boat...the boat of their shares being unloaded.

It worked like a charm. A couple of people exited quickly this morning, but VERY few. The rest are now sitting on 10-20% losses.

Oh, what time should the NT filing come out for the delay?
IMO/FWIW