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Friday, June 06, 2014 12:03:08 PM
That is completely wrong that SKTO will definitely trade again.
During the next 10 days the SEC could find gross misconduct, securities fraud and malpractice leading them to completely shut down the equity.
1. SKTO's product is federally illegal
2. SKTO has lied about completely bogus revenue
I'm not as concerned about issue #1 but #2 is the most obvious sign that SKTO is a complete scam.
Forget the failure to deliver on the long touted "Larry King interview." Forget the AEGY merger that supposed to happen a month after being announced yet 4 months later, nada.
What made me realize this is a scam is $50m in "uncollected" revenue. If those revenues were legit, any lawyer in the world would jump at the opportunity to help collect those revenues as the legal assistance could bring in seven figures worth of legal fees. The fact that there has been zero legal effort to collect those supposed revenues shows that the revenues ARE JUST NOT THERE. PERIOD.
"Emancipate youself from mental slavery, none but ourselves can free our mind"
-Bob Marley
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